Jerome could be taking inventory. This process ensures that the business has the raw goods it needs to operate.
Answer: Commercial paper is a form of short-term financing that is primarily used by large, strong, financially stable companies.
Explanation:
Commercial papers a promissory notes which are issued by companies on a short term basis that are unsecured. It should be noted that that they are used by the strong, large, and financially stable companies.
Commercial paper are issued in order to finance payroll, and also meet a company's short-term liabilities.
Answer:
b. and d.
Explanation:
Amanda is not required to pay any tax, as She is earning less than $12200s. And, Jason as well cannot be asked to pay tax as he is earning less than the required limit. However, Greg and Erin are required to file their returns, as they are earning more than the allowed free limit.
<span>A firm determines its profit by subtracting total cost from revenue</span>
Answer:
Periodic payment = $3,881.88 (Approx).
Explanation:
Given:
Present value of annuity = $36,500
Rate = 6.5% = 0.065
Number of payment = 15
Computation:
![Present\ value\ of\ annuity = periodic\ payment[\frac{1-(1+r)^{-n}}{r} ]](https://tex.z-dn.net/?f=Present%5C%20value%5C%20of%5C%20annuity%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5D)
![36,500 = periodic\ payment[\frac{1-(1+0.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-(1.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-0.388826524}{0.065} ]\\\\36,500 = periodic\ payment[\frac{0.611173476}{0.065} ]\\\\36,500 = periodic\ payment[9.40266886 ]\\\\periodic\ payment = 3,881.87658](https://tex.z-dn.net/?f=36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281%2B0.065%29%5E%7B-15%7D%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281.065%29%5E%7B-15%7D%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-0.388826524%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B0.611173476%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B9.40266886%20%5D%5C%5C%5C%5Cperiodic%5C%20payment%20%3D%203%2C881.87658)
Periodic payment = $3,881.88 (Approx).
