Answer:
11.057 years
Explanation:
For computing the number of years we need to apply the NPER formula i.e to be represented in the attachment below:
Given that,
Present value = $1,000 × 8% ÷ 7.55% = $1,059.60
Assuming Future value = $1,000
Rate of interest = 7.2%
PMT = $1,000 × 8% = $80
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the number of years is 11.057 years
Answer:
$4,110 and 12.08%
Explanation:
The computation of the dollar return and the percent return is shown below:
Dollar Return = (Ending Value − Beginning Value) + Income earned
where,
Ending value is
= $126.69 × 300 shares
= $38,007
Beginning value is
= $113.39 × 300 shares
= $34,017
And, the income earned is
= Dividend per share paid × number of shares owed
= $0.40 × 300 shares
= $120
So, the dollar return is
= $38,007 - $34,017 + $120
= $4,110
And, the percentage return is
= (Dollar return ÷ Beginning value) × 100
= ($4,110 ÷ $34,017) × 100
= 12.08%
Answer:
Land, Equipment, and Inventory will be restated on the closing date i.e. December 31, 2020. The rate of the currency exchange from local to foreign currency for equipment is on the day of purchase which is February 1, 2020.
Explanation:
1-Balance sheet items are restated on the closing date.
2-P & L items are restated on the transaction date.
As the items Land, Equipment and Inventory are all the balance sheet items, thus they will be stated on the closing date i.e. December 31, 2020.
Furthermore, the functional currency is foreign currency. Since the equipment is purchased in the domestic currency it has to be translated into the foreign currency at the rate as on the date of purchase i.e; February 1, 2020.
Alan karbashian spends all day driving from customer site to customer site for sales meetings in his job with a national medical parts manufacturer. Alan is considered as an outside sales representative.
outside sales representative also referred to as area income representatives, outside sales representative close sales through face-to-face interaction with customers based totally within assigned income territories. They meet with potential and existing customers to give income proposals, tell them of product advantages and features, and negotiate costs.
What are outside sales representative?
outside sales representative confer with the sales of products or services by using sales employees that bodily exit into the field to fulfill with potential clients. outside sales representative have a tendency to paintings autonomously out of doors of a proper office putting or a formal crew environment.
What's the distinction among an inside and outside sales representative?
Internal income reps normally sell proper from their office or home table. outside sales representative, then again, travel and broker face-to-face deals. at the same time as out of doors income reps likely have an employer with physical office space, those salespeople are meeting with potentialities at trade suggests, conferences, and industry activities.
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Answer:
D) setting of capital stock prices.
Explanation:
Neither management nor the board of directors sets the price of the corporation's stock, the market does. You cannot impose a price to the market, even if you try to sell stock valued at par, the market may decide to purchase them at that amount, or not purchase any stock until the price decreases, or maybe the market loves your stocks and purchases the at an even higher price.
