Answer:
An information is missing on this question but I found the complete details as shown below;
"A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of
<em>10816</em> (round to the nearest dollar) at the end of each year. (The present value of an annuity of six
annual payments, discounted at 8% equals 4.6229.) "
Explanation:
An annuity payment is made in equal amounts for a specified period of time in this case 6 years.
Since the equal payments are made annually and you are given the Present value of the annuity as $50,000 & discount factor of 4.6229, divide the PV by the discount factor. The value of equal payments should be equivalent to the $<em>10816 ;</em>
<em>=50,000 / </em>4.6229
= 10815.7217
Next, round the answer to the nearest dollar;
When rounded to the nearest whole number it becomes $10,816.
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Answer:
online marketing
Explanation:
Through there u can communicate face to face
Answer:
The cost of goods sold for February is $1,525
Explanation:
For computing the cost of goods sold, the following equation should be used which is shown below:
Cost of goods sold = Opening stock of candy bar + Purchase of candy bar - closing stock of candy bar
= 200 + 3,000 - 150
= 3,050 candy bars
Now, the total cost of good sold is equal to
= Cost of good sold × cost per candy bar
= 3,050 × $0.50
= $1,525
The sale price for per candy bar should not be taken because we have to compute the value at cost not at sale price. Thus, it would not be taken in the computation part.
Hence, the cost of goods sold for February is $1,525
For example , motive could be simply because of necessity
Let's say that i want to be a programmer in the future, but i have no computer. I believe that buying one computer product would be a necessary thing to do to achieve my dream so i used my saved money to buy it
hope this helps
Answer:
$316,800
Explanation:
Cashflow from Operating activities = Cash sales - Paid wages - Bought Inventory for cash
Cashflow from Operating activities = $704,000 - $105,600 - $281,600
Cashflow from Operating activities = $316,800
So, the net cash provided by operating activities is $316,800