Individual marketing across segments creates more total sales than any other type of marketing.

On December 31, 2016, Bart Inc. purchased a machine from Fell Corp. in exchange for a noninterest-bearing note requiring eight p

iragen [17]

Answer:

Bart Inc.

The initial value of the machine is:

= $114,240.

Explanation:

a) Data and Calculations:

Date of purchase of machine from Fell Corp. = December 31, 2016

Annual payments for a non-interest-bearing note = $20,000

Appropriate present value of the annuity due = 5.712

PV of the annual payments for 8 years = $114,240 ($20,000 * 5.712)

First payment date = December 31, 2016

Period of payments = 8 years

Prevailing interest rate for this type of note = 11%

Check from an online financial calculator:

N (# of periods) 8

I/Y (Interest per year) 11

PMT (Periodic Payment) 20000

FV (Future Value) 0

Results

PV = $114,243.93

Sum of all periodic payments = $160,000.00

Total Interest = $45,756.07

8 0

3 years ago

Describe what a petty cash fund is by completing the following sentence. A petty cash fund is used for (large/small) payments in

exis [7]

A petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.

<h3>What is petty cash?</h3>

A petty cash fund is a small amount of cash, used to pay for minor expenses, such as office supplies or employee reimbursements.

It is the pet a actual ledger book, rather than a computer record.

Hence, a petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.

Learn more about petty cash here : brainly.com/question/6893535

#SPJ1

4 0

2 years ago

A Quality Analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that

ZanzabumX [31]

On Monday and Tuesday, the process appears to be out of control.

<u>Explanation</u>:

There are five days Monday, Tuesday,Wednesday, Thursday and Friday. Monday and Tuesday have weight up to 21. Wednesday weights up to 21.
Thursday and Friday weigh up to 20. Except for Monday and Tuesday, all the days have packaged up to the value of 21. So Monday and Tuesday are the days that appear to be out of control.
On checking the package for each day he came to know that Monday and Tuesday have process out of control.

7 0

3 years ago

American Chemical Company manufactures a chemical compound that is sold for $52 per gallon. A new variant of the chemical has be

Shalnov [3]

Answer:

If American produces the new compound, profit will increase by $88,000

Explanation:

increase in selling price = selling price of new variant of chemical - selling price of chemical compound

= $83 - $52

= $31

Net increase in profit = total increase in selling price - additional processing cost

= $31*8000 - $160000

= $248000 - $160000

= $88,000

Therefore, If American produces the new compound, profit will increase by $88,000.

net increase in profit =

3 0

3 years ago

The competitive equilibrium rent in a standard two bedroom apartment in lawrence (a city) is $600. now suppose the city council

Mekhanik [1.2K]

<span>Setting a rent control price ceiling will cause the same impact as any other price ceiling that is below the market equilibrium price: it will create a shortage in the market. At the price equilibrium of $600, the number of renters would exactly meet the number of available 2 bedroom apartments. However, with this fixed price ceiling, the position along the demand curve will shift to one of higher demand, with no analogous change in the supply curve. Thus there will be more renters than can be supported, and renters will have to look for alternatives and substitutes.</span>

8 0

4 years ago

Individual marketing across segments creates more total sales than any other type of marketing. ​

Individual marketing across segments creates more total sales than any other type of marketing.