Answer:
21.11176754
Explanation:
storate cost: 0.30
as the storage is continusly we use continuos interest rate:
0.30 / 4 = 0.075 per quarter
this is paid in advance so we calculate the present values of this payment
PV = 0.295552053
Now we solve for the future value of silver using also a continuos rate
(20 + 0.295552053)e^0.04 = 21.11176754
Answer:
1.Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2.Interest expense 28,800
Principal Reduction 61,364
Explanation:
MM Co.
1 . Journal entry
Since MM Co. borrows $360,000 cash on January 1 from a bank this means we have to
Debit Cash with the amounts of money he borrowed which is $360,000 and Credit Notes Payable with the same amount.
Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2. Calculation of the amount goes toward interest expense and Principal reduction
Interest expense 28,800
(360,000*8%)
Principal Reduction 61,364
(90,164-28,800)
Answer: In market economies, buyers of inputs know that sellers want to earn profits.
Explanation: In a command economy, the state decides about what goods are to be produced, how much they must be produced and at what price they must be distributed in the society. While, in a market economy decisions about investment and production are determined by the forces of demand and supply. A command economy focuses on social welfare and equal distribution. While a market economy is driven by the profit motive. Thus, it is easy for firms to buy inputs in a market economy than in a command economy. In market economies, buyers of inputs know that sellers want to earn profits.
A distribution channel is a type of marketing channel that includes a retailer or other intermediaries in the delivery of goods and services to consumers.
A distribution channel is a network of companies or middlemen (such as suppliers, distributors, shipping hubs, retailers, and the internet) that products and services go through before they are delivered to the final customer. A distribution channel is a series of establishments or middlemen where the ultimate consumer makes their purchase of a product or service.
Retailers, distributors, wholesalers, and the Internet are examples of distribution channels. Manufacturers sell to consumers directly through a direct distribution channel. Before the product reaches the customer through an indirect channel, several middlemen are involved. All products and services must follow a distribution route in order to reach their target clients. On the other hand, it also depicts the payment route taken by funds from the final customer to the initial seller.
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