Answer:
B. consumption bundles
Explanation:
Customer preference is defined as the likes and dislikes that a customer has that determines his choice in making purchases.
For exams a customer may want to buy shoes that are black in colour, but shoes that are yellow in colour are ignored.
Preferences of buyers are independent not prices and income level.
Rather it is dependent on consumption bundle. That is the set of goods that will give highest satisfaction to the buyer.
Answer:
Revenue recognition principle.
Explanation:
The revenue recognition principle states that revenue is recognized in the accounting period in which the performance obligation is satisfied. The cash-basis of accounting is in accordance with generally accepted accounting principles.
Answer:
a. linear regression.
Explanation:
Based on the information provided within the question it can be said that in this scenario the best choice would be a linear regression model. That is because this type of approach deals with seeing to what extent there exists a relationship between two variables. Which in this case would be the quantitative data/prices and the square footage of the home.
Answer:
1
Dr Fixed asset equipment_________$10000
Cr Cash_______________________________$10000
purchased equipment
2
Dr Depreciation expense____________$1800
Cr Acummulate Depreciation_______________$1800
Anual depreciation
Explanation:
1
Dr Fixed asset equipment_________$10000
Cr Cash_______________________________$10000
purchased equipment
2
Dr Depreciation expense____________$1800
Cr Acummulate Depreciation_______________$1800
Anual depreciation
Answer:
Present value= $3,642,651.54
Explanation:
Giving the following information:
You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments will increase by 4 percent per year. The appropriate discount rate is 10 percent.
First, we need to calculate the final value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment= 530,000
i= 0.04 + 0.10= 0.14
n= 25
FV= {530,000*[(1.14^25)-1]}/0.14
FV= 96,391,538.43
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 96,391,538.43/ (1.14^25)
PV= $3,642,651.54
