Answer:
2,240
Explanation:
The total number of projected attendance is 80,000. If 705 will make purchases. It means 70% of 80,000 will buy.
=70/100 x 80,000
=0.7 x 80,000
=56,000 attendants will buy
If they are 25 vendors, each vendor will sell to
=56,000/25
=2,240
on average, each vendor will sell to 2,240 customers
Answer:
$4,000
Explanation:
Intangible assets are usually amortized using the straight line depreciation method.
Depreciation expense = ( Cost - Salvage value) / number of years
= ($50,000 - $10,000)/ 10 = $4000
I hope my answer helps you.
Answer:
The concept of equivalence, also known as economic equivalence, describes the reduction of a series of cash inflows (benefits) and cash outflows (costs) to a single point in time, using a single interest rate, which enables the cash flows to be compared or equated. This implies that while the amounts and timing of the cash flows (both inflows and outflows) may differ, an appropriate interest rate, factoring in the time value of money, will cause one set to be equal to the other. Therefore, to establish economic equivalence, series of cash flows that occur at different points in time must be equalized using a single interest rate through present value calculations.
Explanation:
The concept of equivalence describes a combination of a single interest rate and the idea of the time value of money. This combination helps to determine the different amounts of money at different points in time that are equal in economic value, such that a person would not hesitate to trade one for the other.
For example, if the interest rate is 10% in Year 1 and in Year 2 and you are to be paid $1,000 in Year 1, it will not make any difference to you if you are paid $1,100 in Year 2. This is because, given the prevailing interest rate of 10%, the value you receive in Year 1 and Year 2 are equivalent.
The best way to handle that is to <span>Make a list of all of the questions that the borrower has at the end of the signing then have them contact the borrower for answers.
Doing this will make them able to prepare the answers beforehand and distinguish between which information they are allowed to give and which one to held.</span>
<span>c. All five of the potential errors could cause this sort of problem.</span>