What is the main aim of business office

Many people who want to start investing for their future want to start today, which implies an annuity stream that is paid at th

navik [9.2K]

Answer:

b. annuities due

Explanation:

Annuities due -

It refers to the amount which need to be paid at the regular interval of time , just before the beginning of the new phase , is referred to as annuities due .

The most common example of annuities due is rent , which need to be paid after every month in the starting .

Hence , from the given information of the question ,

The correct option is annuities due.

4 0

3 years ago

Run Like the Wind sells ceiling fans. Target profit for the year is $470,000. If each fan's contribution margin is $32 and fixed

PSYCHO15rus [73]

Answer:

c. 21,645

Explanation:

The computation of number of fans required to meet the company's goal is shown below:

= (Fixed cost+ target profit) ÷ (Contribution margin per unit)

= ($222,640 + $470,000) ÷ ($32)

= ($692,640) ÷ ($32)

= $21,645

The contribution margin per unit = Selling price per unit - Variable expense per unit

Therefore, the number of fans equal to $21,645

We calculated by above formula.

4 0

3 years ago

The sentence, "our company experienced an increase in profits during the last fiscal year," uses precise vigorous wording.

ZanzabumX [31]

Answer:

The statement is: False.

Explanation:

Vigorous wording refers to the act of making information appear more than what it really is, in some cases exaggerating the attention in one point or another. The phrase:

"<em>our company experienced an increase in profits during the last fiscal year</em>";

provides direct, objective information about an event that happened. There are not adjectives that might distort the main message that is intended to be provided.

8 0

3 years ago

On January 2, 2020, Pull Corp. paid $516,000 for 24% (96,000 shares) of the outstanding common stock of Olivia Co. Pull used the

cestrela7 [59]

Answer:

(a). Journal entry shown below:

(b). Balance in the investment account = $649,167

Explanation:

As per the data given in the question,

A)

Journal entry to record the sale of the 20,000 shares:

Cash A/c Dr. $240,000

(20,000×$12)

Loss on sale of investment A/c Dr. -$69,166.67

($170,833-$240,000)

To Investment in Olivia co. A/c $170,833

($820,000÷96,000×20,000 shares)

(To record the sale of 20,000 shares)

B)

Balance in the investment account in Jan 1 2020 = $820,000

Investment in Oliver Co. sold = $170,833

Balance in the investment account after the sale = $820,000-$170,833

=$649,167

6 0

2 years ago

After much deliberation you decide to pay $8.00 to get one dozen of kk donuts for breakfast this friday instead of spending the

alexdok [17]

<span>The opportunity cost is $8 for buying the dozen donuts. Even though the prices are the same, there is still the cost of the foregone entertainment that will not be enjoyed because of the purchase of the donuts. Had the donuts not been purchased, one would have gone to see the movie, and now this will not happen due to the donut purchase.</span>

7 0

3 years ago

What is the main aim of business office​

What is the main aim of business office