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ad-work [718]
2 years ago
13

Which type of technology is best for laying out financial projections?

Business
1 answer:
lina2011 [118]2 years ago
5 0

Answer: Spreadsheets

Explanation: Spreadsheets allow you to

foresee and edit data, while also seeing

the past data to help towards ones

future business goals.

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The graph above shows how the price of video games varies with the demand quantity. Suppose that the price of video games is set
ira [324]
Price floor.
A floor, in real life, is at the bottom, below you — this then makes sense in business to say that a ‘floor’ represents the minimum value of something — in this case the price of video games.
In real life, a ceiling is above you, indicating that it could be used as a representative of a maximum value of something, like the price of a video game.

So, if we were to say that $120 was the ‘price ceiling’ for video games, then we would basically be saying that $120 is the most a video game could cost. If we were to say that $100 was the ‘price floor’ for video games, we would be saying that $100 is the minimum value that the price of a video game could assume.
6 0
3 years ago
"when buying or selling a futures contract, the trader commits what amount of funds"
Nadusha1986 [10]
When buying or selling a futures contract, the trader commits what amount of funds the amount of the initial margin. A futures contract is a legal agreement to buy or sell assets, mainly commodities, at a set price but it will be delivered and paid for later. Based on the definition of a futures contract, the trader will have to commit to the initial amount that was set to be traded when the legal agreement was made. 
8 0
3 years ago
You decide to invest in a period annuity that offers 4.5% APR compounded monthly for 20 years. How much money will you need to i
USPshnik [31]
$553,229.03 this is the answer for APEX
7 0
3 years ago
Bridge City Consulting bought a building and the land on which it is located for $175,000 cash. The land is estimated to represe
Darya [45]

Answer:

Part 1

D.E = $5,300

Part 2

a. Book Value = $61,900

b. Book Value = $122,500

Explanation:

Step 1 : Determine the Cost of Buildings

<em>Separate the Cost of Land and the Cost of Building from the Purchase Price</em>

<u>Calculation of the Cost of Building</u>

Purchase Price ($175,000 x 30%)   $52,500

Building Renovations                      $20,000

Total                                                  $72,500

Step 2 : Depreciation calculation

<em>Depreciation expense = (Cost - Residual Value) ÷ Useful Life</em>

                                      = ($72,500 - $19,500) ÷ 10

                                      = $5,300

After Year 2

<u>Buildings :</u>

Accumulated Depreciation = $10,600

Book Value = $72,500 - $10,600 = $61,900

<u>Land </u>

Book Value = $175,000 x 70% = $122,500

Note : Land is not depreciated

5 0
3 years ago
A city's Enterprise Fund issued revenue bonds with a face value of $10,000,000. The bonds were issued with a 2% premium and the
Mrac [35]

Answer:

The correct answer is $9,850,000

Explanation:

The Enterprise fund which will be reported, total other financing sources of the amount is computed as:

= Face Value - Cost of issuance

where

Face Value is $10,000,000

Cost of issuance is $150,000

Putting the values above:

= $10,000,000 - $150,000

= $9,850,000

Note: Premium will not be considered as it is asked for when the bonds are issued.

5 0
3 years ago
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