Answer:
Explanation:
a.)
This is an annuity type of question. Using a financial calculator, input the following to find the PV of the Ordinary annuity;
Total duration; N = 15*12 = 300
Monthly rate; I/Y = 7.2%/12 = 0.6%
One-time future cashflow; FV = 0
Recurring monthly payment; PMT = 150
then compute present value; CPT PV = $20,845.24
b.) This is an <em>Annuity Due </em>type of question since the recurring monthly payment occur at the beginning of the month.
Using a financial calculator, change the mode to "BEG" and input the following to find the PV of the annuity due;
Total duration; N = 15*12 = 300
Monthly rate; I/Y = 7.2%/12 = 0.6%
One-time future cashflow; FV = 0
Recurring monthly payment; PMT = 150
then compute present value; CPT PV = $20,970.31
The answer is:
(1) setting the research objectives
(2) identifying possible marketing actions
What is marketing research?
- Market research is the method of deciding the reasonability of a modern benefit or item through research conducted straightforwardly with potential clients.
- Market research permits a company to find the target advertise and get conclusions and other criticism from consumers about their intrigued within the item or service.
- This sort of research can be conducted in-house, by the company itself, or by a third-party company that specializes in advertise inquire about.
- It can be done through overviews, item testing, and center bunches.
- Test subjects are as a rule compensated with item tests or paid a small stipend for their time.
- Market inquire about could be a basic component within the inquire about and improvement (R&D) of a modern item or service.
To know more about the marketing research visit:
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The net realizable value of accounts receivable is $684,204
Explanation:
- To calculate subtract the doubtful-accounts allowance from the total accounts receivable. The result will be the net realizable value of accounts receivable.
- accounts receivable = $703,938
- doubtful-accounts = $19,734.
- the net realizable value of accounts receivable =
- accounts receivable ± doubtful-accounts
- Therefore, the net realizable value of accounts receivable is $684,204
Answer:
Bribery in the world of business typically happens when an organization or representative of an organization gives financial benefits to an official to gain favor or manipulate a business decision - True.
Bribery is the giving or offering of items of value (especially money) to a government official in exchange for favorable treatment. Bribing is unethical and illegal, but it is common practice in many countries, so common that it is expected.
The Foreign Corrupt Practices Act was implemented in the aftermath of disclosures that businesses were violating the IMA Code of Ethics - True.
In the seventies, U.S. Government investigations found that hundreds of U.S. companies operating abroad had turned to bribery in order to gain the favor of foreing officials. This conduct is related to the statement explained above: bribery is pervasive in many countries around the world.
Managers are required to follow specific rules issued by the IMA for internal financial reporting. - False.
The IMA Code of Ethics does not provide specific rules for financial reporting (these specific rules are found instead either in the Generally Accepted Accounting Principles (GAAP) or in the or in the International Financial Reporting Standards (IFRS)).
The IMA Code of Ethics instead provides principles, or ethical guidelines, to be followed by participants in the management accounting profession.
Ethics is more than obeying laws - True.
Ethics goes beyond what is legally right, and is more related to what is morally right. An ethical person should do the right thing even if there is no legal code explicitely telling him to do so.
The Sarbanes-Oxley Act addressed public company accounting reform. - True
This act added requirements for public accounting firms, and included legal penalties including possible jail time for certain types of misconduct. The Act was enacted following major accounting scandals such as Enron.