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3 years ago

3. Equivalent cash price is the present value that is equal to a payment. O True O false

Business

2 answers:

EleoNora [17]3 years ago

7 0

Answer: True
Hope this helps you!

gulaghasi [49]3 years ago

4 0

Answer:

Pretty sure its true

Explanation:

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One of the challenges Uniqlo faced when moving to large cities in the United States was the expense of maintaining a building lo

Yuki888 [10]

The issue above, where expense of maintaining a building location in a downtown area serves as challenge that was faced by Uniqlo can be attributed to Capital requirements.

<h3>What is Capital requirements?</h3>

Capital requirements can be regarded as the regulatory standards for banks, and this put them on check about how much liquid capital they must keep on hand.

Capital requirements is been used as a tool to tighten an economic after recession.

Learn more about Capital requirements at;

brainly.com/question/13186211

7 0

3 years ago

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. Assume that in 2015, an

xenn [34]

Answer:

-3.41%

Explanation:

The computation of the annual rate of return is shown below;

We use the formula:

Future value = Present value × (1 + rate of interest)^number of years

$10,710,500 = $12,738,500 × (1 + rate of interest)^5

($10,710,500 ÷ $12,738,500)^(1 ÷ 5) = (1 + rate of interest)

(1 + rate of interest) = 0.965913622

r = (0.965913622 - 1) × 100

= -3.41%

3 0

3 years ago

The average height of members of the high school basketball team is six feet, three inches. Jerry is on the high school basketba

tigry1 [53]

Answer:

The argument is confusing an average for the individuals who make up that average.

Explanation:

The argument assumes that the height of all members of the team is above 6 ft. this is flawed because it assumes that the average height is equal to the height of the members of the team

for example, there are two members in the team

assume that the height of each member is 6 ft 3 inches. the average height is 6 ft 3 inches

Assume that the height of one member is 10.6 in and jerry's height is 2.0. the average height is 6 ft 3 inches. Here Jerry's height is less than 6ft

3 0

3 years ago

In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra

uysha [10]

Answer:

C. Stella, Capital will be debited for $4,000.

Explanation:

As for the provided information, we have,

Out of all the partner's Tiffany is retiring.

Tiffany's capital balance = $50,000

On his retirement he is paid $60,000

Since no goodwill is recorded, the excess amount paid over capital = $60,000 - $50,000 = $10,000, will be debited in remaining partner's ratio.

Ron's share in these $10,000 = $10,000 $\times$ 3/(3+2) = $6,000

Stella's share = $10,000 $\times$ 2/(2+3) = $4,000

Thus, Correct answer is debiting Ron's capital by $6,000 and Stella's capital by $4,000

3 0

3 years ago

Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeM

Step2247 [10]

Answer:

Total cash receipts in October = $137,300

Total cash receipts in November = $120,825

Total cash receipts in December = $164,925

Explanation:

As per the data given in the question,

Total cash receipts in October = Cash sales in October + September sales collection in October + October sales collection in October

= $108,000 × 30% + $86,000 + $108,000 ×70% × 25%

= $137,300

Total cash receipt in November = Cash sales in November + October sales collection in November + November sales collection in November

= $135,000 × 30% + $108,000 × 70% × 75% + $135,000 × 70% × 25%

= $120,825

Total cash receipt in December = Cash sales in December + November sales collected in December + December sales collected in December

= $198,000×30% + $135,000 × 70% × 75% + $198,000 × 70% × 25%

= $164,925

5 0

4 years ago