Answer:
:(A) present value factors
Explanation:
Given that you need to have $35,000 on hand to buy a new Lexus five years from today. To achieve that goal, you want to know how much you must invest today in a certificate of deposit guaranteed to return you 3% per year.
i.e. we have to calculate how much to invest when we want to have 35000 dollars on hand after 5 years from today.
Rate is given as 3% per year.
So we have to find the present value factor
The formula used is if P is to be invested
P(1.03)^t = 35000 $ assuming compound interest.
So P = 35000 (1.03)^(-t)
Thus we are calculating present value factor
Answer is
:(A) present value factors
100000000000000000000000000
Answer:
The days' sales outstanding: C. 14 days
Explanation:
Average Accounts Receivable = (The beginning accounts receivable balance + The ending accounts receivable balance)/2 = ($69,000 + $37,000)/2 = $53,000.
Accounts Receivable Turnover = Net Credit Sales /Average Accounts Receivable = $1,431,000/$53,000 = 27 times
The days' sales outstanding = 365/Accounts receivable turnover ratio = 365/27 = 14 days
Answer:
It gives the child more protection so like say we didn't have seat belts then you got into a car accident then you would fly forward and if you had a seatbelt it wouldn't make you fly forward.
Explanation: