C is the answer becaause if you do that then you get it
Answer:
$13,739.13
Explanation:
To determine the amount that Jackson borrowed today, we have to find the present value of $16,700
PV = FV (1 + r)^-n
FV = Future value
P = Present value
R = interest rate
N = number of years
$16,700 (1.05)^-4 = $13,739.13
I hope my answer helps you
Answer:
3. are not materially different from ethical principles in general.
Explanation:
As they apply to business conduct and business decisions, ethical principles are not materially different from ethical principles in general.
In other words, in business conduct and decision making ethical principles are the same.
Answer:
<u>The correct answer is</u>: a) the pizza and the wings are substitutes.
Explanation:
Analyzing the scenario of the question above, in the case of Peter's pizzeria, which sells pizza and wings and wants to increase the sale of pizzas by adopting a strategy of increasing the price of wings, in this case, he is assuming that pizza and wings are substitutes .
Substitute goods are those that can be consumed in substitution for another good, even if they are in different categories, as long as they perform the same function, but in a different way.
Here, there's an increase in cash and a decrease in receivables. Therefore, the journal entries will be as follows
Dr. Cash .... 85000
Cr. Receivables ..... 85000
Cash borrowed against receivables