Answer:
FOUR types of visual aids are, but not limited to, physical samples, models, handouts, pictures, videos.
Answer:
can revoke the contract as informal verbal agreements are not binding
Explanation:
Since in the question it is mentioned that sherry would pay her $5,000 in the case when she runs marathon now once she starts running so here alan can revoke the contract legally as there is only verbal agreements not the written agreement also they are not binding to each other
So as per the given situation, the above statement should be considered
Answer:
Reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.
Explanation:
FASB is an acronym for Financial Accounting Standards Board. The financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining standard financial accounting and reporting for general guidance of individuals such as investors, issuers and auditors. It was founded in 1972 but began operations fully on the 1st of July, 1973 by replacing the Accounting Principles Board (APB) and American Institute of Certified Public Accountants (AICPA).
When the operating activities section of the statement of cash flows is reported using the indirect method, the FASB requires that, you report net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.
Hence, the indirect method for the preparation of the operating activities section of the statement of cash flows reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.
Some examples of operating activities are cash revenue from the sales of a product, cash paid as an expense for merchandise etc.
9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.
<h3>What is annual rate interest ?</h3>
The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.
The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.
To learn more about annual rate of interest refer to:
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The question is incomplete. The complete question is :
A manufacturer of mountain bikes has the following marginal cost function:
where q is the quantity of bicycles produced.
When calculating the marginal revenue and marginal profit in this problem, use the approach given for the marginal cost and marginal revenue in the discussions in your textbook.
a) If the fixed cost in producing the bicycles is $2800, find the total cost to produce 30 bicycles?
b) If the bikes are sold for $200 each, what is the profit (or loss) on the first 30 bikes?
Solution :
Given :
a). Fixed cost, FC = $ 2800
Total cost to produce 30 bicycles is :
![$= 2800+700\left[\frac{\ln (0.7q+8)}{0.7}\right]^{30}_0$](https://tex.z-dn.net/?f=%24%3D%202800%2B700%5Cleft%5B%5Cfrac%7B%5Cln%20%280.7q%2B8%29%7D%7B0.7%7D%5Cright%5D%5E%7B30%7D_0%24)
![$=2800+1000[\ln ((0.7 \times 30)+8)- \ln 8 ]$](https://tex.z-dn.net/?f=%24%3D2800%2B1000%5B%5Cln%20%28%280.7%20%5Ctimes%2030%29%2B8%29-%20%5Cln%208%20%5D%24)
![$= 2800 +1000 [\ln 29 - \ln 8]$](https://tex.z-dn.net/?f=%24%3D%202800%20%2B1000%20%5B%5Cln%2029%20-%20%5Cln%208%5D%24)
= 2800 + 1287.85
= $ 4087.85
b). Total selling price = $ (200 x 30)
= $ 6000
Profit = 6000 - 4087.85
= $ 1912.15
