pv = previous value =2,000
r =rate= .05/4
n= number of periods = 5*4=20
This is the formula.
Answer: Your answer is true! C:
The condition for which revenues are recognized even when the cash is collected in a different accounting period is;
- Services are provided even if cash has not yet been collected, in cases of accrual basis accounting
<h3>Revenue recognition</h3>
Two major forms of revenue recognition exist;
- When Cash is collected from customers. This is the case when the organisation uses cash basis accounting
- When services are provided even if cash has not yet been collected. This is the case when the organisation used accrual basis accounting
Read more on revenue recognition;
brainly.com/question/26274038
Answer: False
Explanation:
These are financial assets that has existing market invariably there prices are determined by market forces.
Discounting flows refers to project that are to produce inflows into the future the discount helps to determine the present value of the future inflows.
Answer:
their prices are usually lower due to low overhead.
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace and enhance international trade.
Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Small businesses have an advantage over large business in international trade in all of the aforementioned ways except that, their prices are usually lower due to low overhead cost such as office space, equipment, travel expenses, utilities, etc.,
An overhead cost is simply the cost associated with the smooth running the business.
In international trade, both small businesses and large businesses typically have the same price or amount of money set for the purchase of their goods regardless of the overhead cost.
