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3 years ago

True or false, The standard of living is high in traditional economies.

Business

1 answer:

Kobotan [32]3 years ago

5 0

False. The standard of living is low in traditional economies.

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After making a sale, a seller may have customers that return goods. The seller uses the perpetual inventory system. This require

anyanavicka [17]

Answer:

D. All of the statements are correct.

Explanation:

The Seller requires to

Reduce its sales by the estimated return value and cost of goods sold by the estimated cost value of the units expected to return in the future.

Use historical data of sales and returns and calculate the value of expected return items.

After the estimation of values record the adjusting transaction for the estimated return liability and the inventory to be returna as well.

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2 years ago

What is likely to happen if a borrower misses a payment on a credit card account?

julsineya [31]

The borrower will get a late fee for not paying on the due date.

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3 years ago

Read 2 more answers

Arturiano [62]

Answer:

Explanation:

3 0

2 years ago

Slack, a collaboration hub that brings people together within organizations, strives to ensure that its products and people focu

Airida [17]

Answer:

mission statement

Explanation:

A company's mission statement defines the reason why the company exists; what is its business (what product or service they provide), its objectives (or goals) and how they will reach these objectives. It should also include who's needs they are satisfying (target market).

5 0

3 years ago

CrochetCo is considering an investment in a project which would require an initial outlay of $350,000 and produce expected cash

Lelu [443]

Answer:

Ans. A) NPV= -$9306

Explanation:

Hi, the first thing we need to do is to find the after-tax cost of the firm's capital, and since all capital sources are expressed in terms of after-tax percentage, we just multiply each proportion of capital by its costs, I mean

Long term Debt (7%) * 25% +Preffered Stock(11%)*15% + Common Stock(15%)*60%

The answer to this is 12.40%.

Now, we can find the net present value of this project by using the following formula.

$NPV=-InitialOutlay+\frac{CashFlow((1+Cost of Capital)^{n} -1)}{Cost of Capital(1+Cost of Capital)^{n}}$

$NPV=-350,000+\frac{95,450((1+0.124)^{5} -1)}{0.124(1+0.124)^{5}} =-9,306.5$

Since the expected cash flow takes place 5 times form year 1 to 5, and is equal to $95,450, "n" is equals to 5 and "CashFlow" is equal to $95,450.

Therefore, the NPV of this project is -$9,306, which is answer A)

Best of luck.

3 0

3 years ago