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Aleks04 [339]
2 years ago
7

Grant Corporation is looking to purchase a building costing $900,000 by paying $300,000 cash on the purchase date, and agreeing

to make payments every three months for the next five years. The first payment is due three months after the purchase date. Grant's incremental borrowing rate is 8%. Each of the payments is closest to: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)
Business
1 answer:
Kazeer [188]2 years ago
8 0

Answer:

hsggsgtsgg hdhwovxgwivogf get zf66#(8 5578£+#8 k35792y6728 77 --(828)51&&#8'

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Answer:

Direct material= $51,000

Explanation:

Giving the following information:

Beginning inventory= $20,000

Ending inventory= $27,000.

Raw materials purchases during the month totaled $63,000.

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First, we need to calculate the total raw material used in production:

Raw material used= beginning inventory + purchases - ending inventory

Raw material used= 20,000 + 63,000 - 27,000= 54,000

Now, the direct material used:

Direct material= 54,000 - 3,000= $51,000

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Answer:

A <u>customs union</u> is an intermediate step in the transition from a free trade area to a common market.

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I hope it helps.

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