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3 years ago

6

Ron offers to pay Sara to pick up and deliver certain business documents if she is able to do it within thirty minutes of his ph

one call. Sara can accept the offer only by completing the task within the specified deadline. This is an example of

1 answer:

Marizza181 [45]3 years ago

5 0

Answer:

This is an example of a unilateral contract.

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A flower shop makes a large sale for $1,500 on June 30th. The customer is sent an invoice on July 5th, and a check is received o

Likurg_2 [28]

Answer:

June 30

Explanation:

According to the revenue recognition principle, the transaction should be recorded in the books of accounts when the sale is made. It records that revenue which is earned and the possibility of the receipt of cash should be high.

It records that when the product and services are sold to the customer and in return customer received it. Whether the payment received later but the sale is made.

So, on June 30, the revenue should be recognized.

6 0

3 years ago

1-a. Calculate the future value at the end of six years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(

Digiron [165]

Complete Question:

Calculate the future value at the end of six years of an investment of $605,000 made on January 1, 2020. The investment compounds interest semi-annually at the rate of 8% per annum. FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.)

Answer:

The future value of the investment is:

$968,624.49

Explanation:

a) Data and Calculations:

Present value of the investment = $605,000

Interest rate = 8% p.a.

Interest is compounded semi-annually (or 2 times in a year)

Period of investment = 12 (6 x 2)

Using an online finance calculator:

FV (Future Value) $968,624.49

PV (Present Value) $605,000.00

N (Number of Periods) 12.000

I/Y (Interest Rate) 4.000%

PMT (Periodic Payment) $0.00

Starting Investment $605,000.00

Total Principal $605,000.00

Total Interest $363,624.49

5 0

3 years ago

Ally just bought a plane ticket. She notices that the fare includes a September 11 Security Fee. What is the government’s purpos

lana66690 [7]

Answer:

The fee is included for the security services that the airport provides.

Explanation:

The basic structure of a air far includes a base price of travel, contingency charges, extra charges for service and various taxed that are levied by the government on the aircraft carriers that use the domestic air space in a country. The sum of all these charges in addition to the profit that the plane carrier charges becomes the base fare of the ticket. In the given condition since an extra fee is imposed on the grounds of security so that the travel becomes secure and safe and hence the extra tax is imposed. This tax is used to meet the charges of security personnel and operating costs of various machines that help in scanning the baggage of the passengers.

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3 years ago

Jessica completed a four-year degree program in Finance and Accounting. She hasn’t yet gained any work experience in this field.

Mademuasel [1]

number five might be the answer

6 0

3 years ago

Read 2 more answers

Gerritt wants to buy a car that costs $29,250. The interest rate on his loan is 5. 53 percent compounded monthly and the loan is

xxTIMURxx [149]

Answer and Explanation: The answer is in the 1st image, and the explanation is in the 2nd image.

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3 years ago