Answer and Explanation:
Future value = Present value x (1+i)^n, where
n = number of years
I = interest rate
From the question n = 8 years for the amount $400 ,
n= 7years for $250 ,
n=4years for $300
interest = 3%= 0.03
Future value of $400 = 400 (1 + 0.03)^8 = $506.71
Future value of $ 250 = 250 (1+0.03)^7 = $307.47
Future value of $ 300 =300(1+0.03)^4 = $337.65
Vrbfbnfndnnfndbf rnrnrnnrnrbrbrbrbrbvrvrbrb35(36)5
Answer:
Tropical Tours would report cash collected from customers of $403,000
Explanation:
The movement in the account receivables balance between the start and end of a given period is as a result of additional sales, payments/settlement received and debts written off.
This may be expressed as
Opening balance + sales - payments - write off = closing balance
This equation is applicable in determining the cash received to be reported in the cash flow statements through the direct method.
Hence using the equation,
$35,000 + $400,000 - payments = $32,000
Payments = $403,000
Answer:
FOB Shipping point; FOB Destination.
Explanation:
FOB shipping point: FOB stand for free on board and FOB shipping point is a shipping term used as an agreement between buyer and seller of goods, which says that seller can record sales once it leave the warehouse or shipping dock of seller and buyer receive the title of the product. In this case buyer will bear the delivery cost of goods and can not claim for any damage or loss of goods during transit from seller, however, buyer have complete control over the goods delivery.
FOB Destination: It is also a shipping term used as an agreement between buyer and seller that seller can only record the sale of goods, once it is delivered to the buyer´s shipping dock or any specific location as asked. Seller hold the title of the product during the goods in transit and have to bear all the cost and charges of transportation of goods as seller is responsible for the delivery of goods.
Answer:
Statement Revision for positive and courteous meanings:
1. Work will resume on the building construction as soon as the soil is dry.
2. Please, fill the application and attach a recent photo for the issuance of a passport.
3. We are sending you a replacement blade plus its installation manual.
4. Please, provide the discount code in order to access the 25 percent discount.
5. I will commence this new assignment immediately after I have completed the previous two research tasks.
6. The first 25 customers will enjoy a 50 percent discount.
Explanation:
After the revision of the above statements, they sound more positive and courteous. Moreover, they have been shortened to eliminate irrelevant phrases.