The amount at which Barrett should record the note payable and corresponding merchandise purchased on January 1, 2021 is $147,396.76.
First step is to calculate the present Value of 5 annual payments using this formula
PV of 5 annual payments = Annual payments x Present value annuity factor (i%, n)
Let plug in the formula
PV of 5 annual payments= $22,000 x Present value annuity factor (12%, 5)
PV of 5 annual payments= $22,000 x 3.60478
PV of 5 annual payments= $79,305.16
Second step is to calculate the present value of lump-sum payment using this formula
PV of lump-sum payment = Lump-sum payment x Present value factor (i%, n)
Let plug in the formula
PV of lump-sum payment = $120,000 x Present value factor (12%, 5)
PV of lump-sum payment =$120,000 x 0.56743
PV of lump-sum payment = $68,091.6
Third step is to calculate the amount that should be recorded as note payable and corresponding merchandise purchased on January 1, 2021:
n= 5 years
i= 12%
Cash flow Amount Present value
Payment $22,000 $79,305.16
Lump sum $120,000 $68,091.6
Amount recorded = $147,396.76
($79,305.16+$68,091.6)
Inconclusion the amount at which Barrett should record the note payable and corresponding merchandise purchased on January 1, 2021 is $147,396.76.
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Which statement about a money market account is true?
A. Depositors are offered an introductory interest rate.
B. A debit card is linked to your account.
C. Depositors are required to use 10 percent of the funds each
month.
D. Depositors are permitted to write a limited number of checks each
month.
SURMAT
Answer to your question is D. depositors are permitted to write a limited number of checks each month
The statement that is true about a money market account is Depositors are permitted to write a limited number of checks each month. The correct option is D.
What is a money market account good for?You get almost always-immediate access to your money with money market accounts. MMAs frequently allow customers to use their debit cards to obtain cash or write cheques. And be aware that, unlike with a certificate of deposit (CD), withdrawals are often free of charge.
Money market accounts are a type of savings account that typically pays a higher interest rate than a traditional savings account. They may also require a higher minimum balance to open and maintain the account. Money market accounts often allow a limited number of checks to be written each month, typically between three and six. This limit is designed to encourage saving and discourage excessive withdrawals or transactions.
Thus, the ideal selection is option D.
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HOW CAN COMMUNICATION AFFECT A COMPANY'S PUBLIC IMAGE?
Answer: In broad terms, corporate communication is the practice of creating, fostering, and maintaining a consistent brand image and identity. Effective corporate communication helps you mold a company image that promotes internal loyalty while also creating loyal external customers.
Answer:
if they don't communicate well with their workers, it will ruin the company's image since non of the workers wouldn't know what to do and then the company will have a downfall since they had no income.
Explanation:
sorry if I don't make sense
Calculate the interest for a loan of $10,000 with an interest
rate of 8% that is repaid in 2.5 years.
.
interest= PRT
10000*8/100*25/10
=$2000
What is
prioritizing?
prioritizing is treating something more important that others.
Explanation:
Answer:
Prioritization is the activity that arranges items or activities in order of importance relative to each other.
Explanation:
There are many different workplaces in the Agriculture, Food, and Natural Resources career cluster. Select the
workplaces that sound most interesting or enjoyable to you.
O a farm
O a forest
an underground mine
O an office
O a laboratory
O a veterinary clinic
a garden center
plss someone give me a 3 examples of business objectives with timeframe (our product is reselling the shoes) plss i need it
Answer:
campaign
store
fundraising
all great examples of buisness objective
Use this with "kind."
True
False
Answer:
??? what do you mean? please be more elaborate
Which of the following is an example of greenwashing?
A. A large office starts a recycling campaign to cut down on waste.
B. An event company uses recycled paper products instead of plastic
products.
C. A hair product company cuts back on certain chemicals.
D. A food company changes its packaging to look more natural in order to sell more.
Answer: i think it's D
Explanation:
can somebody plz help? ASAP
Answer:
More accessible goods
An increase in international trade
A rise in regional Jobs
: The primary goal of market research by entrepreneurs is to:
a. Reduce costs
b. Analyze data
c. Make better decisions
d. None of the above
The goal of market research by entrepreneurs is for them to make better decisions. The answer to this question is option c.
Market research can be described as an activity that is undertaken by the entrepreneur in order to get the required information about the needs and the preferences of the consumer in their target market.
Market research also helps the entrepreneur to know about his rivals in the business, sales of the product and the strategy that would help him to survive in the market.
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which of the following is a benefit of credit?
a. allows you to get what you want sooner
b. it damages your credit
c. puts your bank account in surplus
Answer:
a
Explanation:
the answer A hopefully this help
the investment demand curve will shift to the right as the result of
The investment demand curve will shift to the right due to "the availability of excess production capacity."
This is based on the idea that when the production capacity increases, the investment demand also increases.
This situation is established because the firms would want to invest more as the production capacity increases, resulting in more revenue and profits.
Hence, in this case, it is concluded that the demand for supply or goods drives up demand for more investment.
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taxes and withholdings impact your , which is the amount of money you take home on your paycheck.
The amount of money that one takes home on their paycheck is known as the net income.
It should be noted that taxes are the compulsory levy that the employee pays which is deducted from their income. Also, pension allowance and some other fees can be deducted.
After all the deductions, the money that the person will then take home is known as the net income. This is the amount taken home after tax withholdings and every other deductions.
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Answer:
The amount of money that one takes home on their paycheck is known as the net income.
It should be noted that taxes are the compulsory levy that the employee pays which is deducted from their income. Also, pension allowance and some other fees can be deducted.
After all the deductions, the money that the person will then take home is known as the net income. This is the amount taken home after tax withholdings and every other deductions.
Explanation:
The Income Summary account can be defined as which of the following? (Check all that apply.) Multiple select question. A permanent account A temporary account An account whose balance equals net income or net loss An account that contains a credit for the sum of all revenues An account used during the closing process An account that contains a credit for the sum of all expenses
Answer:
An account that the balance is net income or net less
The Income Summary account can be defined as An account whose balance equals net income or net loss. Hence, option C is correct.
What is meant by net income?Net income is the amount that a person or business makes after expenses, reimbursements, and taxes. The amount left over after costs like salaries and wages, the price of goods or raw materials, and taxes have been paid is known as a company's net income.
The sum of an employee's paycheck that is left over after payroll deductions such as taxes, benefits, and other expenses is referred to as their gross pay. The amount that is left over after all withholding have been taken into account is referred to as net pay or take-home pay.
Net income is the amount of money that an individual has left over after taxes and other expenses.
Thus, option C is correct.
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In 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000. In 2010 it had a population of 5,100 and real GDP of 520,200. During 2009 real GDP in Viloxia grew by Select one: a. 2 percent, which is about the same as average U.S. growth over the last one-hundred years. b. 4 percent, which is about the same as average U.S. growth over the last one-hundred years. c. 4 percent, which is high compared to average U.S. growth over the last one-hundred years. d. 2 percent, which is high compared to average U.S. growth over the last one-hundred years.
The correct answer is A. During 2009 real GDP in Viloxia grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.
Given that in 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000, and in 2010 it had a population of 5,100 and real GDP of 520,200, to determine the growth of real GDP in Viloxia during 2009, the the following calculations must be made:
Total GDP / population = real GDP 500,000 / 5000 = X 100 = X 520,200 / 5100 = X 102 = X 102 - 100 = 2
Therefore, during 2009 Viloxia's GDP grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.
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Why does this occur?
This has to be asked in context.
Match the steps that marketing management performs to the scenarios that describe the steps
The steps that marketing management performs to the scenarios that describe the steps include the "Discovery Step --- Marketing management team are performing detailed research for the best target market for their products or services."
The other steps that marketing management performs to the scenarios that describe the steps include the following:
Strategy step -- the marketing management team determines the proper marketing channels for their product or services. Then, they formulate the messaging and finally plan the timing.Implementation step -- the marketing management team decides when and where to execute their targeted, cost-effective marketing campaigns and put them into action.Measurement step -- the marketing management team assesses the marketing campaign results to know the right methods or techniques before continuing with the marketing campaign.Hence, in this case, it is concluded that the Marketing management team plays a vital role in the product life cycle.
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1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?
Answer:
an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track
although the perpetual inventory system updates accounting records after each sale, a physical count is necessary at year-end to address issues such as ________ and
Even though the records of stock are updated frequently under the Perpetual Inventory approach, a physical count is still necessary to address C : customer theft and spoilage.
The Perpetual Inventory System ensures that there are lower issues with stock accounting because stock changes are recorded after every sale.
A physical count is still needed however to ensure that the stock that is recorded is the same as the actual stock. It might not be the same due to:
Customer thefts e.g. shoplifting Spoilage - some of the stock may have spoiled and become unusable.In conclusion, physical verification of stock is important to find instances of spoilage and theft.
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Options for this question include:
A : management performance; inventory records systems.
B : failing to meet sales goals; employee discounts.
C : customer theft; spoilage.
D : management performance; employee discounts.
Businesses want to produce better
products, at better prices, with
better service for customers. Which
of the following is true about
customers?
A. Customers want unlimited goods and resources
from businesses.
B. Businesses can provide unlimited goods and
services for customers.
C. Customers' needs will be satisfied by unlimited
resources.
Answer:
A
Explanation:
When trying to work efficiently, how should you prioritize your tasks?
Answer:
Have a list that contains all tasks in one Identify what's important: Understanding your true goals Highlight what's urgent Prioritize based on importance and urgency Avoid competing priorities Consider effort Review constantly and be realisticOr
Make your to-do list Rank your to-do list Post your to-do list Note your responsibilities Avoid unnecessary tasks Set realistic deadlines Set your break time Put away distractionsthe market for public goods such as – are often subject to – . private markets tend to – these goods and services because of the – problem. one solution to this problem is for – to use people’s – dollars to provide for public goods.
The market for public goods such as city parks are often subject to market failure . Private markets tend to undersupply these goods and services because of the free rider problem. One solution to this problem is for government to use people’s tax dollars to provide for public goods.
A public good is a good that consumers cannot be excluded from consuming and it is also non-rivalrous. For example, everyone has access to a city park.
A private good is a good that consumers can be excluded from consuming and it is also a rivalled good. For example, a private good is a pair of jeans. You would have to pay for the jeans and once you buy the jeans another person cannot buy the jeans.
Market failure occurs when the market is unable to efficiently distribute goods and services to consumers. The free rider problem is a type of market failure. It is when consumer enjoy the benefits of a public good but do not pay for these products.
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In 2009, the imaginary nation of Mainland had a population of 7,000 and real GDP of 210,000. In 2010 the population was 7,300 and real GDP of 223,380. Over the year in question, real GDP per person in Mainland grew by Select one: a. 2 percent, which is high compared to average U.S. growth over the last one-hundred years. b. 2 percent, which is about the same as average U.S. growth over the last one-hundred years. c. 4 percent, which is high compared to average U.S. growth over the last one-hundred years. d. 4 percent, which is about the same as average U.S. growth over the last one-hundred years.
Over the year in question, real GDP per person in Mainland grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.
Real GDP per person is used to determine the standard of living of a population. The higher the real GDP person, the higher the standard of living.
Gross domestic product is the total sum of goods produced in an economy over a period of time.
Real GDP is GDP that has been adjusted for inflation.
The first step is to determine the real GDP per capita in both years
2009 : 210,000 / 7,300 = 30
2010 : 223,380 / 7,300 = 30.60
Growth rate of GDP = (30.6 / 30 - 1) = 2%
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The manufacturer sells the article for a fixed price of $2.00. He guarantees to refund the purchase money to any customer who finds the weight of his article to be less than 8.25 oz. His cost of production is related to the weight of the article by the relation x/15 0.35. Find the expected profit per article.
The expected profit per article for this manufacturer is $1.10.
Data and Calculations:
Fixed selling price per unit = $2.00
Weight = 8.25 oz
Cost of production = x/15 + 0.35
where x = weight
Total cost of production = 8.25/15 + 0.35
= 0.55 + 0.35
= $0.90
Profit per unit = $1.10 ($2.00 - $0.90)
Thus, the expected profit per article is $1.10.
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See attached for complete question.
One advantage of increasing your own responsibilities is that you ______.
a. have more control
b. have to think less
c. have more to do
d. have to work less
Please select the best answer from the choices provided A B C D
Answer:
A. have more control.
Explanation:
Hope this helps :)
Skylar is looking to purchase real estate as an investment using all of her available funds, but she has
several concerns. Which of the following concerns are valid from an investment standpoint? (1 point)
11
She might be disappointed because real estate usually offers modest returns.
She might miss a better investment opportunity because real estate is not particularly
liquid.
She might lose her investment funds because real estate is notoriously risky.
O She might regret the purchase because she would not want to live on the property herself.
Answer:
she might miss a better investment opportunity because real estate is not particularly liquid.
Explanation:
i just took the test
The concern that should be valid from the investment standpoint should be that she misses the better investment opportunity.
What is an investment?Investment refers to the act where the money should be committed with an expectation to receive the extra income or the profit. Also, it should be grown in near future. Moreover, it leads to the risk of losses. Since she is looking to purchase real estate for investment so here she misses the investment opportunity.
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Difference between perpetual and periodic inventory system
Answer:
In a perpetual inventory system, the cost of goods is recorded at the time of sale. With a periodic inventory system, it's updated periodically.
business communication helps establish, build and maintain our __________ with our audience.
Business communication helps to establish, build and maintain our relationship with our audience.
Business communication is the act of sharing information and messages between those that work in a business and the public.
Effective communication in the business place is very necessary because it helps to foster a better relationship in the work place.
It helps the organization also to meet with its goals and improve the business as well as the reduction of errors.
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When you are in the good to excellent credit score range, you are likely going to get a better interest rate.
True
False
Answer:
True
Explanation:
a write about veterinary service available in your locality.
Answer:
neem vetenary shop is in my locality