Answer:
The correct answer is $1,114.64
Explanation:
According to the scenario, the given data are as follows:
Rate (Semiannual) = 6% ÷ 2 = 3%
Time period = 5 years
Time period (semi annual) (Nper) = 5 × 2 = 10
Face value (PV) = $1,000
payment (pmt) = $1,000 × 4%/2 = $20
We can calculate the FV by using financial calculator,
The attachment is attached below.
So, the Price = $1,114.64
Answer and Explanation:
The preparation of the bank reconciliation statement is presented below:
Balance as per bank $8,732.00
Add: Deposit in transit $3,500.00
Less: Outstanding checks -$1,486.00
Adjusted bank balance $10,746.00
Balance as per books $8,768.00
Add: EFT received from customer $2,023.00
10791.00
Less: Service charges -$45.00
Adjusted book balance $10,746.00
Answer:
$325,000
Explanation:
Given that,
Total variable costs = $219,600
Total fixed costs = $126,750
Total revenues = $360,000
Required sales in dollars to break even:
= [Total fixed cost ÷ (Total revenues - Total variable costs)] × Total revenues
= [$126,750 ÷ ($360,000 - $219,600)] × $360,000
= ($126,750 ÷ $140,400) × $360,000
= 0.9028 × $360,000
= $325,000
<u>Explanation:</u>
Remember, MTV is a cable TV company initially founded in the United States.
Political challenges:
There may be differences in administrative costs in each country of operations. For example, the manner and value of taxes paid in the USA may be different in another country like France.
Economic challenges:
The level of economic growth may affect the amount and number of people who spend on entertainment leading to a decline in revenue and an increased need for aggressive marketing campaigns.
Competitive challenges:
Each country may already have other cable TV companies that a percent of the market share and so this it becomes a challenge to compete with these domestic companies.
DTP or Desktop Publishing software is a software used to arrange element on a page in a way that makes communication more effective. In publishing houses, DTP are used to layout variety of printed materials such as magazines, books, pamphlets and menus