Because the % discounts cannot be added to calculate the final price.
The first discount is over the original price but the second discount is over the already discounted price.
You can find a combined factor if you multiply the two factors.
Discount of 25% => Factor = 0.75
Now you can find the combined factor by multilplying 0.75*.75 = 0.5625
That means that the final price will be the original price times 0.5625 (or what is the same that the discount is 100 - 56.25 = 43.75%.
Then the operation results in a higher price than if you multiply by 0.5 (50% discount).
In conclusion the discount resulting from two consecutive 25% discounts is less than a 50% discount.
Answer: Option A
Explanation: For finance, an investment's beta (β or beta coefficient) is a measure of risk as opposed to idiosyncratic variables resulting from vulnerability to current market fluctuations.
The financial assets ' equity pool has a beta of precisely 1. A beta under 1 may imply either a less volatility in investment than the market, or a volatile portfolio whose price changes are not closely linked to the industry.Beta is relevant because it calculates the risk of a diversification-free investment.
Answer: The best way to raise funds would be to sell secured bonds.
Explanation:
A secured bond will help companies raise the money relatively fast. The bond will be backed by the collateral pledge on the bond. The borrowers of these types of bonds will offer secured bonds as a way to secure the loan.
If the borrower defaults, the collateral is given to the lenders right away. So, they will get the business or whatever it was that was backed by the secured bond.
Answer:
$3,000
Explanation:
Under the accrual accounting basis, revenue is recognized once the conditions for recognition have been met. This is when the goods have been transferred or the service has been rendered.
Similarly for cost, it is recognized once it is incurred and not necessarily when cash is paid.
Sales of $4600 on account - This will be recognized as revenue
Collected $2200 for services to be performed in 2019 - This is deferred revenue as the service is yet to be rendered.
Paid $1600 cash in salaries - This expense has been incurred.
Purchased airline tickets for $230 in December for a trip to take place in 2019 - This is a prepayment and not yet an expense in p/l.
Net income = sales - expense
= $4600 - $1600
= $3,000
Waterway’s 2018 net income using accrual accounting-basis after accrual is $3,000.
Supply is the total quantity of a specific good and service that are available to the consumers in the market while demand is the amount or quantity of goods and services that consumers are able and willing to buy in the market. Equilibrium point is the point at which the demand curve meets the supply curve such that the quantity demanded is equal to the quantity supplied. Therefore, at this point prices in the market will be at equilibrium (equilibrium price) which are not too high or too low.
