Answer:
$12,500
Explanation:
Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.
Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.
$19,500+190,500-191,000= 19,000
Then, you have to subtract 19,000 from 31,500 to determine the amount that the company needs to attain its desired ending cash balance:
31,500-19,000= 12,500
According to this, the company should borrow $12,500.
Answer: pricing
Explanation:
Pricing is the determination of an exchange price acceptable to both the buyer and the seller of a product.
When a seller is determining the price of a product, she considers cost of production, projected revenue, price of competitors, market condition and regulation.
A buyer would consider the quality of the product ,economic conditions and utility when deciding on the price to acquire a product.
The different types of pricing strategies are -
1. Penetration pricing - when prices are set very low to attract customers and to gain access into a market.
2. Premium pricing- when prices are set very high so that the product would appeal to certain consumers.
Answer:
B. The lessor does not have the right to stop delivery in transit due to the lessee's breach of the lease agreement; instead, the lessor must deliver the goods to the lessee in spite of the breach, and then sue the lessee for damages.
Explanation:
During the transit of goods, if the lessor learns of a breach of the lease agreement, he has every right to stop the delivery of the goods in transit by notifying the goods carrier or bailee. Since the carrier of the goods reports directly to the lessor, once he receives instructions from the lessor to stop delivery of goods, and he still has sufficient time, the delivery should be stopped.
Once the goods are reclaimed, the lessor can then decide to sue to recover damages. He can also, decide to cancel the contract at that point
Answer:
$184,068.70
Explanation:
Given that
Annual payments = $31,000
Discount rate = 12%
Time period = 11 years
The computation of the present value is shown below:
= Annual payments × PVIFA factor for 11 years at 12%
= $31,000 × 5.9377
= $184,068.70
Simply we multiplied the annual payments with the PVIFA factor so that the present value could arrive
Refer to the PVIFA table
