Ask question

Ask question

All categories

3 years ago

5

An investment of $10,000 today is estimated to return $11,500 a year from now. The $11,500 is called the ________ of the investm

ent.

1 answer:

zheka24 [161]3 years ago

8 0

The answer is future-value

You might be interested in

Jim and Lisa own a dog-grooming business in Champlain, New York, called JL Groomers. There are many buyers and many sellers in t

Elza [17]

The answer is marginal revenue (MR) curve above $22.

Explanation:

Jim and Lisa Groomers will maximize its accounting profit when taking it to 0 its economic profits when marginal revenue = marginal costs.

Economic profits are not the same as accounting profits because they include the opportunity costs of investing the money somewhere else. That is whythe long run firm is not able to make economic profits since as they exist, new competitors will enter the market. But in the case of the shoert run, the firms are able to make economic profit, but by doing so, they cannot maximize their accounting profit.

Economic profit = account profit = Opportunity profit

Opportunity cost are extra costs or benefitslost from choosing one activity or investment over another one.

3 0

3 years ago

Levenworth Company incurs unnecessary costs each period because of the excess quantities of inventory maintained to meet unexpec

Anon25 [30]

Answer:

The correct answer is C

Explanation:

JIT termed or stand for the Just in Time Inventory, it is a strategy or the plan of action, which is to increase the efficiency and decrease the waste through receiving the goods only as they are required in the process of the production, thereby decreasing the inventory costs.

So, the costs of the obsolescence, inventory financing and storage supervision could be decreased through the practice of the JIT (Just-in-time inventory).

8 0

3 years ago

Which coverage is not included in a typical renter’s insurance policy?

Vesnalui [34]

B additional living expenses because it’s additional

5 0

3 years ago

Cindy goes to the lumber yard to buy lumber for a deck that she is building. She tells the salesperson at the lumber yard that s

aivan3 [116]

Answer:

<em>c. Implied warranty of fitness for a particular purpose </em>

Explanation:

The warranty of fitness for a particular purpose is inferred whenever a purchaser depends on the supplier to pick the products to fit a particular query.

For instance, if a customer asks a mechanic to supply winter tires and receives tires that are unfit for use in weather, this warranty is breached.

It is also possible to explicitly revoke this implicit warranty by name, thus moving the threat of unfitness back to the purchaser.

7 0

3 years ago

Warren Company began the accounting period with a $32,000 debit balance in its accounts receivable account. During the accountin

ra1l [238]

Answer:

The answer is : $104,000

Explanation:

First, we have to lay out the particulars, and explain what each of them mean:

debit balance in account receivable = $32,000. This refers to an amount that cusomers owed the company at the beginning of the period.

revenue recorded = $88,000. This refers to the total sales made by the company.

At the end of the period, we are told that the account receivable contained a balance of $16,000

Therefore it means that after all the payments (both balance from previous period and sales transactions) have been made in cash, the amount which the customers owed the company = $16,000.

Hence the cash collected is calculated as follows

(debit balance at beginning + revenue) - debit balance at the end = cash collected

(32,000 + 88,000) - 16,000 = cash collected

120,000 - 16,000 = cash collected

cash collected = $104,000

6 0

3 years ago