Answer:
b. $299,574
Explanation:
For calculating the ask price, we first need to compute the present value which is attached in the spreadsheet.
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Future value = $0
Rate of interest = 7.5%
NPER = 25 years - 1 years = 24 years
PMT = $25,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $278,673.65
Now the ask price is
= $274,574.17 + $25,000
= $299,574.17
Answer: 500kg
Explanation:
Economic Order Quantity (EOQ) is the amount of units that should be added by a company to its inventory so.as to reduce total inventory cost.
From the question, the economic order quantity will be calculated as:
Drmqnd per year will be:
= 250 days/$0.04
= 12500 kg/year
The annual carrying cost per unit will be:
= $0.04/250
= $10/year
Ordering cost = 100
EOQ =[√(2×12500×100)/10]
= √2500000/10
= ✓250000
= 500 kg
<span>Open ended questions helps the respondent in giving out more insightful information than a close ended questions. Open ended questions allows respondent to be more elaborate and therefore many new points can be discovered in the survey analysis. Also the respondent feels happy by explaining his point in a clear and expressive manner.</span>
<u>Explanation:</u>
The government reduces regulations on tourism activities. Tourism related companies are encouraged to establish their business in a better way by reducing the interest rates for these business. The government also funds tourism related activities such as trade events. funding is also provided for events, concerts, festivals and permanent visitor attractions that can be set.
To develop the international education sector Australian government has kept the education sectors open for business.Global networking is done by government to take international students and provide education facilities.
Answer:
Overstatement of Assets and liabilities.
Explanation:
Collection of cash results in journal entry of debiting cash with corresponding credit to accounts receivable thus reducing the accounts receivable.
Erroneous credit to accounts payable instead of accounts receivable results in overstatement of assets and liabilities.
