Answer:D $197,289
Explanation:
Compounding a present value for a future sum is calculated thus:
FV= PV(1+r/n)^nt
FV= $270,000
Rate= 8%
Time= 4yrs
Compounded semi annually
$270,000= PV(1+0.08/2)^2*4
270,000=PV(1.04)^8
270,000=PV(1.368569050405)
270,000/1.3685690504052736
PV= 197,289
Answer:
this is an amount of payment in which an amount of money or credit is directly transfered to another account
Answer:
The contribution margin per unit is 0.98$
Explanation:
<em>4.25 revenue</em>
1.75 copo paper
1.18 shipping cost
.34 sales commision
<em>3.27 total variable cost</em>
Contribution 4.25 - 3.27 = 0.98
The contribution margin per unit is 0.98$ This is what is left after paying the variable cost.
The document that explains your rights and responsibilities as a federal student loan borrower is A. your master promissory note.
The master promissory note refers to the legal document where one promises to repay their loans and any fees or accrued interests to the Department of Education.
The <em>master promissory note</em> also explains the terms and the conditions of the loan that's taken. It's simply a legally binding document. One has to understand the rights and then responsibilities before one takes the loan.
In conclusion, the correct option is your master promissory note.
Read related link on:
brainly.com/question/25077675
Answer:
$4,260
Explanation:
The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense is given below:
Estimated Uncollectible Accounts is
= $104,000 × 5%
= $5,200
Now
Bad debt expense is
= Estimated Uncollectible accounts - credit balance in Allowance account
= $5,200 - $940
= $4,260