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3 years ago

An invoice is an example of which of the following?

Business

1 answer:

Scilla [17]3 years ago

8 0

A source document

This document, when coupled with a bill of lading and/or packing list, can be used to invoice a customer, which in turn generates a sale transaction. Supplier invoice. This is a source document that supports the issuance of a cash, check, or electronic payment to a supplier.

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The project managers for TechBooks are demonstrating to the marketing team the new features of the site that deliver personalize

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It delivers a relevant landing page

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3 years ago

Problem 7-5 Coupon Rates [LO2] Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity

kakasveta [241]

Answer:

5.32%

Explanation:

The computation of the coupon rate on the bonds is shown below:

As we know that

Current price = Annual coupon × Present value of annuity factor(6.1%,8 ) + $1,000 × Present value of discounting factor(6.1%,8)

$952 = Annual coupon × 6.18529143 + $1,000 × 0.622697222

Annual coupon is

= ($952 - 622.697222) ÷ 6.18529143

= $53.24

Now

Coupon rate is

= Annual coupon ÷ Face value

= $53.24 ÷ $1,000

= 5.32%

Working notes:

1. Present value of annuity is

= Annuity × [1 - (1 + interest rate)^-time period] ÷ rate

= Annual coupon × [1 - (1.061)^-8] ÷ 0.061

= Annual coupon × 6.18529143

And,

2.Present value of discounting factor is

= $1,000 ÷ 1.061^8

= $1000 × 0.622697222

4 0

2 years ago

Marigold Inc. reported total assets of $2391000 and net income of $318000 for the current year. Marigold determined that invento

Artist 52 [7]

Answer:

Total Assets = $2391000

Net Income = $318000

Explanation:

The corrected amount for total assets and net income for the year :

Total Assets = $2391000

Net Income = $318000

7 0

2 years ago

If the present value of $280 paid one year from now is $250 what is the one-year discount factor?

OleMash [197]

Answer:

12%

Explanation:

The discount rate will be PV/FV -1

i.e., i = (Fv/pv )-1

i= (280/250) - 1

i = 1.12-1

i=12%

7 0

3 years ago

Read 2 more answers

The primary difference between variable costing and absorption costing is

IgorLugansk [536]

Answer:

The correct answer is letter "D": in absorption costing, fixed manufacturing overhead is a product cost.

Explanation:

Absorption costing or full costing includes all costs related to the production process like the fixed costs. Variable costing, on the other hand, only includes the variable costs from the production. Absorption costing incorporates allocating fixed overhead costs of each unit produced during a certain period.

4 0

3 years ago