Answer:
Consider the following calculation
Explanation:
Under Veritical analysis of Income statement every line item is compared as a percentage of gross sales.
So, the cost of goods sold of the current year will be compared as a percentage of gross sales made.
Cost of goods sold in the current year = $ 417,720
Gross sales = $ 6,51,000
Cost of goods sold as a percentage = Cost of goods sold/ sales * 100
= 4,17,720 / 6,51,000 * 100
= 64%
Answer:
$399,000
Explanation:
We need to understand that deductible is a portion of a loss that is covered in the policy but must be paid by the insurance purchaser, these terms stated in the insurance contract.
Here, the actual value of the business personal property at the time of this report was $400,000. (Only the actual value is covered)
Deductible is = $1,000
Acme's insurer will pay an amount of $399,000 ($400,000 - $1,000) for the described loss.
Um maybe a taxi if u already figured out the answer sorry
Answer:
The correct answer is: A convenience product.
Explanation:
To begin with, a <em>''convenience product''</em> is the name given in the field of marketing to a product that is commonly buy by person most of the days and therefore it does not need so much thinking about it due to the fact that it is not very expensive and it does not affect in big ways the budget of the person. Moreover, this type of product is known due to their quick buying process that do not need second thoughts, so that means, that most of these type of products are find easily by the customers in convenience stores.
Answer:
$51,020.41
Explanation:
The net present value is the present value of after tax cash flows from an investment less the amount invested.
PV = FV × (1 + r) ^ (-n)
PV = 25,000 (1 + 5%) ^ (-1) + 30000 (1 + 5%) ^ (-2)
= 51020.41
Where PV = present value
FV = Future value = 25,000 In year 1 and 30,000 In year 2
I = interest rate = 5%
N = time = 1 ,2
I hope my answer helps you