Answer:
5.78%
6.59%
8.85%
11.40%
Explanation:
The formula for determining future value (FV) given present value is(PV) :
FV = PV (1 +r)^n
r = interest rate
n = number of years
1. $338 = $270 x (1 + r)^4
( $338 /$270)^0.25 = 1 + r
1.0577 = 1 +r
r = 1.0577 - 1
r = 5.78%
2. 1231 = 390 (1 + r)^18
(1231 / 390)^0.055556 = 1 + r
1.065941 = 1 + r
r = 1.065941 - 1
r = 6.59%
3. 210390 = 42000 (1 +r)^19
(210390 / 42000)^0.052632 = (1 +r)
1.088505 = 1 + r
r = 8.85%
4. 613,284 = 41,261 (1 + r)^25
(613,284 / 41,261)^0.04 = (1 + r)
1.113999 = 1 + r
r = 11.40%
Answer:
Trade credit
Explanation:
Trade credit is an agreement between two businesses where the supplier agrees to supply goods to a trader and collect payments later. There is no payment at the delivery of the products, but the supplier allows for later payments.
Trade credit allows traders to sell the product at first, deduct profits from the revenue and pay the supplier later. Trade credit can harm a business if the credit aspect is expensive. Should the trader negotiate for good credit terms, then trade credit is a viable option for inventory purchases.
<span>An opportunity cost is the value or benefit that must be given up to acquire or achieve something else. In this case whatever you choose (Coke, Dr.Pepper or 7-UP) everything would be free , at zero cost. This means that the opportunity cost in this case is zero, because the drink is free.</span>
Answer: B. Indirect channel
Explanation: The channel of distribution is defined as a network of organizations that connect the producer/manufacturer of goods and services with the end-users or consumers of those goods or services. By employing the services of wholesalers and retailers, the shoe manufacturer is using the indirect channel of distribution, specifically the two-level channel (Manufacturer to Wholesaler to Retailer to Customer). Also known as selling to intermediaries, it involves wholesalers buying the bulk of goods from the manufacturers, then selling to retailers (after breaking them down into small packages) who eventually sell it to the end customers.
Answer:
cash 1,000 debit
inventory 2,000 debit
land 5,000 debit
note payable 3,000 credit
Krug capital Account 5,000 credit
Explanation:
The land and inventories will be accepted at his market value.
Along with cash this are assets which enter the partnership so they are debited.
The note payable decreases the Krug capital contribution. It is credited.
Krug capital account balance will be to complete the entry and make debit = credit.
