Answer:
$354,500
Explanation:
First find the amount invested ie the Present Value as follows :
n = 25 × 2 = 50
i = 5%
P/yr = 2
Pmt = $0
Fv = $500,000
Pv = ?
Using a Financial Calculator to enter the amounts as above, the Present Value is $145,471
Total Interest = Future Value - Present Value
= $500,000 - $145,471
= $354,529
Thus interest is $354,500 (nearest hundred dollars).
Answer:
The correct answer is the option A: True.
Explanation:
To begin with, the contracts inside the law are regulated by the Anglo-America common law that defines a contract as the agreement between two or more parties in which they establish the basis and principles of the agreement and the clauses that could cause to end the contract. Moreover, a contract is also part of the civil law and therefore that it does not implicate the public as a whole in any way due to the fact that in order to be a correct contract the parties must accept the bond between only them and nobody else.
Answer:
The correct answer is C
Explanation:
Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.
In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.
Therefore, the one which is not the function of money is that it has the operations in the open market.
Answer:
The correct answer is:
Selling furniture to appliance customers.
Explanation:
In this case, the company can take advantage of the fact that consumers who buy furniture for their homes are usually interested in the line of appliances. This is a very good strategy, because in this manner they will realize about the need or desire at the same time this fact will have good consequences, so that they can make a single purchase and a single shipment, giving them the feeling of saving a lot leading them to Buy more in the store. Therefore, using this strategy the company will have more cash flow in this way.
Answer:
A. 300
Explanation:
the difference in demand and the closing inventory
= 1000 - 900
= 100
And 20% of the demand (2000) = 200
the safety stock = 200 + 100
= 300
Therefore, The the beginning inventory is 300.