Answer:
To know what things they should buy and how much they should pay
Explanation:
Is the multiple chose in it right or nah? <span />
Answer:
The amount collected from customers on accounts receivable during year 3 is $535,000.
Explanation:
Cash received from accounts receivable = Opening balance of AR + Credit Sales - Bad debts written off - Closing balance of AR.
- The opening balance for year 3 account receivables was 150000.
- Credit Sales = 600000
- Bad debts = 40000
- Closing Balance = 175000
We can solve this question either by making a T account for accounts receivable or using the equation given above.
Cash = 150000 + 600000 - 40000 - 175000 = $535000
Answer:
$386,080
Explanation:
In order to find the Coverage of sally's investment in life insurance for 10year can be done by making 10-year table
Year Cashflow Discount factorI5%) Present Value
$ $ $
1 50,000 0.9524 47,620
2 50,000 0.9070 45,350
3 50,000 0.8638 43,190
4 50,000 0.8337 41,135
5 50,000 0.7835 39,175
6 50,000 0.7462 37,310
7 50,000 0.7107 35,535
8 50,000 0.6768 33,840
9 50,000 0.6446 32,230
10 50,000 0.6139 30,695
NPV = Sum of all present values
NPV = $386,080
Answer:
The overall cost of buying a market basket of goods and services by a typical customer.
Explanation:
The question is incomplete, but I figured that the question is trying to find out the correct meaning of CPI with different options provided. The correct question should be:
<em>The CPI is a measure of </em>
- <em>the overall cost of goods and services produced in the economy </em>
- <em>the overall cost of inputs purchased by a typical producer </em>
- <em>the overall cost of buying a market basket of goods and services by a typical consumer </em>
- <em>the overall cost of stocks on the New York Stock Exchange</em>
<em>Which option is correct?</em>
<em />
CPI or Consumer Price Index evaluates the average prices of a basket of consumer goods and services, for instance, medical care, food, and transportation. It is evaluated by analyzing the changes in and averaging the price of each item in the basket of consumer goods and services.
The CPI is usually used especially to discover situations of inflation of deflation.