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2 years ago

Someone please help will mark as brainliest

Business

1 answer:

just olya [345]2 years ago

6 0

Answer:

a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, a private limited company, or other organizations such as government or not-for-profit entity.

Explanation:

hope you have a good day!!

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As winner of a breakfast cereal competition, you can choose one of the following prizes: a. $180,000 at the end of five years. b

Stolb23 [73]

Answer:

i. Discounted cashflow equations.

a. $180,000 at the end of five years.

This is a lump sum present value/ discounted cashflow which can be calculated as;

Formula = 180,000 / ( 1 + r)^n

= 180,000/ ( 1 + 12%)^5

= $102,136.83

b. $11,400 a year forever

This is a perpetuity. The present value/ discounted cashflow of a perpetuity is calculated as;

Formula = Amount/rate

= 11,400/12%

= $95,000

c. $19,000 for each of 10 years.

This is an annuity. The formula for calculating the Present value/ discounted cashflow of an annuity is;

$Formula = Annuity * [\frac{( 1 - (1 + i)^{-n} )}{i} ]$ where i is interest rate and n is number of periods

$= 19,000 * [\frac{( 1 - (1 + 0.12)^{-10} )}{0.12} ]$

= $107,354.24

d. $6,500 next year and increasing thereafter by 5% a year forever.

This is a growing perpetuity. The present value/ discounted cashflow formula is;

= Amount / ( discount rate - growth rate)

= 6,500 / ( 12% - 5%)

= $92,857.14

ii. Choose $19,000 for each of 10 years as it has the highest present value.

7 0

3 years ago

____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c

solong [7]

Answer:

Sacred consumption
Profane consumption

Explanation:

This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.

Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.

6 0

3 years ago

What are the two primary ways that media companies collect revenues? Select one: a. Economic and monopolistic practices b. Marke

hjlf

Answer: Option C

Explanation: Media houses collect their revenues from the corporations who wants to use them as mediums for their advertising and marketing purposes. The channels of media charge to them based on their popularity.

The popular channels charge extra as more people watch their content and they have a wider reach to the potential customers of those corporations willing to advertise. Hence the correct option is C .

7 0

2 years ago

Sales revenue for a sporting goods store amounted to $528,000 for the current period. All sales are on account and are subject t

weqwewe [10]

Answer:

The answer is A. A debit to Accounts Receivable for $ 586,080

Explanation:

Sales tax is an additional amount of money one pays based on a percentage of the selling price of goods and services that are purchased.

The sales tax amount will be added to sales revenue to form the total bill.

Sales revenue ----------------- $528,00

Sales tax -------------------------- 11%

Sales tax amount

$528,00 x 0.11

= $58,080

Therefore, total bill is:

$528,00 + $58,080

=$586,080.

Debit increases an asset(accounts receivable) while credit decreases an asset(accounts receivable).

Since the accounts receivable will increase, it will be on debit side.

8 0

3 years ago

Sandblasting equipment acquired at a cost of $40,000 has an estimated residual value of $8,000 and an estimated useful life of e

marta [7]

Answer:

a. $3,000 ; $4,000

b. $7,500 ; $8,125

Explanation:

The computation of the depreciation expense under each method is shown below:

a) Straight-line method:

= (Original cost - residual value) ÷ (useful life)

For year 1

= ($40,000 - $8,000) ÷ (8 years)

= ($32,000) ÷ (4 years)

= $4,000

In the first year, the nine months depreciation would be charged

= $4,000 × 9 months ÷ 12 months

= $3,000

The 9 months is calculated from April 1 to December 31

In this method, the depreciation is same for all the remaining useful life

So, in year 2, the depreciation expense is $4,000

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= Percentage ÷ useful life

= 100 ÷ 8

= 12.5%

So, the rate would be double i.e 25%

In year 1, the original cost is $40,000, so the depreciation expense is

= $40,000 × 25% × 9 months ÷ 12 months

= $7,500

The 9 months is calculated from April 1 to December 31

And, in year 2, the depreciation expense would be

= ($40,000 - $7,500) × 25%

= $8,125

5 0

2 years ago