Electronic retailing means selling goods and services to ultimate consumers over the internet.
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What are the advantages of Electronic retailing?</h3>
- Electronic retailing is the electronic purchase or sale of goods through online stores or the Internet.
- It has a quicker purchasing procedure. Customers may shop more quickly for what they desire.
- Construction of a store and product listings.
- Lowering of costs.
- Low-cost marketing and advertising.
- Customers' ability to be flexible.
- Compare products and prices.
- No restrictions on reach.
- Quicker reaction to consumer and market needs.
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Answer:
(a) $50,980.35
(b) $5,129.90
(c) $2,400
(d) $50,980.35
(e) $5,129.90
(f) $2,400
Explanation:
A constant payment for a specified period is called annuity. The future value of the annuity can be calculated using a required rate of return.
Formula for Future value of annuity is
F = P * ([1 + I]^N - 1 )/I
P =Payment amount
I = interest rate
N = Number of periods
(a) $1,000 per year for 16 years at 14%
F = $1,000 x ([1 + 14%]^16 - 1 )/14%
F = $50,980.35
(b) $500 per year for 8 years at 7%
F = $500 x ([1 + 7%]^8 - 1 )/7%
F = $5,129.90
(c) $600 per year for 4 years at 0%.
F = $600 x 4
F = $2,400
(d) $1,000 per year for 16 years at 14%
F = $1,000 x ([1 + 14%]^16 - 1 )/14%
F = $50,980.35
(e) $500 per year for 8 years at 7%
F = $500 x ([1 + 7%]^8 - 1 )/7%
F = $5,129.90
(f) $600 per year for 4 years at 0%.
F = $600 x 4
F = $2,400
Answer:
E) He will be able to rescind the agreement because Weaver committed fraudulent misrepresentation.
Answer:
The correct option is B,cash at bank.
Explanation:
In creating the fund,cash of $800 needs to made available to the petty cash account.
In order to achieve this,the cash is moved from the cash at bank to petty cash which effectively means that the cash at bank the giving account should be credited while the receiving account,the petty cash account is debited.
Option B is correct since it is the account meant to be credited in order that the petty cash fund account can be created
Answer:
A. inspect large firms annually
Explanation:
According to my research on Accounting Firms, I can say that based on the information provided within the question the PCAOB has the power to inspect large firms annually. The Public Company Accounting Oversight Board is in charge of overseeing the audits of public companies as well as other issuers.
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