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N76 [4]
3 years ago
5

Sales revenue

Business
1 answer:
Ne4ueva [31]3 years ago
4 0

Answer:

may be recorded before cash is collected.

Explanation:

Sales revenue "may be recorded before cash is collected."

This is according to Accrual accounting, which unlike the cash model that requires payments to be made before sales revenue is recorded.

In the Accrual accounting model, sales revenue recording is not based on cash collection before it is recorded. Here, the revenue is recorded in as much the transferred goods are made and collection of payment is determined or expected.

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Calculate the presentvalue of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b.
kaheart [24]

Answer:

Given:

Amount = $5000

Tenure = 5 years.

Future value = Present value\times (1+r)^{n}

where

n is number of periods

r is rate per period.

(a) 6% compounded annually.

Interest is compounded annually

No of periods in 5 years = 5

Future value = 5000(1+0.06)^{5} = 5000 × 1.33823 = $6691.15

(b) 8% compounded annually

Interest is compounded annually

No of periods in 5 years = 5

Future value =5000(1+0.08)^{5} = 5000×1.46933 = 7346.65

(c) 10% compounded annually

Interest is compounded annually

No of periods in 5 years = 5  

Future value = 5000(1+0.10)^{5} = 5000×1.61051 = $8052.55

(d) 10% compounded semiannually

Interest is compounded semiannually

No of periods in 5 years is 5*2 = 10

Rate per period = 10÷2 = 5%

Future value =5000(1+0.05)^{10} = 5000×1.62889 = $8144.45

(e) 10% compounded quarterly

Interest is compounded annually

∴No of periods in 5 years = 5×4 = 20

Rate per period = 10÷4 = 2.5

Future value = 5000(1+0.025)^{20} = 5000×1.63862 = $8193.10

5 0
3 years ago
The dry cleaning business can be characterized as a perfectly competitive industry because the costs of entry are low and there
algol13

Answer:

The correct answer is option (d)

Explanation:

From the given question which is described as follows:if the disposal of this pollutant is unregulated, then which of the following statements about the dry cleaning market are correct

The following statements are true if the negative externality or external has not been considered which would mean there is an overproduction at a price less or lesser than the true cost. This is to say that, the marginal social cost is greater than marginal private costs

Note: Kindly find  an attached diagram that is apart of a solution to this question

8 0
3 years ago
12. What is OSHA's purpose?
asambeis [7]

Answer:

ansure safe and healthful working conditions for workers by setting and enforcing standards and by providing training, outreach, education and assistance.

Explanation:

4 0
3 years ago
a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?
aleksley [76]
That the phone has data without internet making the phone useable while not at home or out in public
3 0
2 years ago
What is one main feature of the free enterprise system?
SCORPION-xisa [38]

Answer:

People often use the terms free enterprise, free market, or capitalism to describe the economic system of the United States. A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition

Explanation:

People often use the terms free enterprise, free market, or capitalism to describe the economic system of the United States. A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition

3 0
3 years ago
Read 2 more answers
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