Answer:
B. False
Explanation:
This is false, as sales rebate is a different concept. The named contract is a <em>quantity flexibility contract</em>. Rebate is the discount which a buyer receives when buying a larger amount of goods. Rebate is determined by the contribution margin, as it has to be maintained to remain feasible for the seller.
Answer:
Amount borrowed = $69,418.30
Explanation:
<em>The amount borrowed by Texas Foods would be the present value of the $139,000 payable at the the ed of year 12 with a discount rate of 5.8% computed monthly</em>
PV = A× (1+ r/m)^(-m×n)
P= Amount borrowed-?
A= Lump sum payment- 139,000
r- interest rate- 5,8%
m- number of times compounding is done- 12
r/m= 5.8%/12=0.483%
PV - 139,000 × (1+0.004833)^(-12×
12)=69,418.30
Amount borrowed = $69,418.30
Answer:
Keep records of your recommendations and a written response from Eric
Explanation:
From the question, we are given an instance of a client, Eric,who is interested in purchasing an industrial property to start a new business. I have recommended that soil, air, and water testing be done, but Eric is on a tight budget and doesn’t feel these tests are necessary. In this case, I should Keep records of my recommendations and a written response from Eric. Since he's trying to invest by buying the property, then a record of all recommendation must be kept as as well as all expenses with the knowledge of accounting. And since this is a contract it should be in written form to be formal.
Answer:
1,616,667
Explanation:
January-February 28 1,000,000*2/12=166,667
March-June 30 1,200,000*4/12= 400,000
July-September 30 1,200,000*2*3/12=600,000
October-December 31 (2,400,000-600,000)*3/12=450,000
Weighted Average Shares for EPS for 2021=1,616,667
Answer:
If a Hummer is rated at 13 miles per gallon of gas, which costs approximately $2.85 per gallon, and I'm driving 2,890 miles from Orlando, FL, to San Francisco, CA, I will spend $633.55 in gas.
Explanation:
13 miles per gallon --- $2.85
2890 miles in total from Orlando, Florida, to San Francisco, California.
2890/13: total gallons of gas consumed --- 222,3 gallons of gas
222,3 x 2.85: total of money spent in gas --- $633.55