Answer:
Having invested $ 300 per month for the past 8 years, the total accumulated investment amount would be $ 28,800 (8 x 12 x 300). Now, having a total amount of $ 43,262, we find an increase of $ 14,462, which corresponds to the interest accumulated during said period. To know the percentage of the increase, we must perform a cross multiplication:
28,800 = 100
14,462 = X
(14,462 x 100) / 28,800 = X
1,446,200 / 28,800 = X
50.21 = X
As we can see, the investment had an increase of 50.21% during these 8 years. Now, the average increase in investment arises from the division of the total percentage of increase by the number of years. So, given that 50.21 / 8 = 6.27, the average annual return rate of this investment is 6.27%.
Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiated a <u>blanket purchase order</u> with a client that represented the customer's long-term commitment to buy components from Hung.
<u>Option: D</u>
<u>Explanation:</u>
Here Ngai announcement means that the firm's consumers with their suppliers are going to enable several distribution dates across a period of time, often structured to reap the benefits of fixed prices which showcase the long-term relation between firm and consumer, thus understood as a blanket purchase order.
It is basically utilized when expendable products are recurrently needed. Blanket orders are commonly used when a consumer purchases large amounts and receives special discounts. Calculating the predicted amount planned by the recipient of the commodity is the toughest part of getting an agreement.
A buyer submits an offer to purchase to the listing agent. He finds out that more than several offers are coming in for the same property. He can expect that all offers will probably be presented at the same time, and the seller will select among them.
Explanation:
In certain situations buyers have to consider multiple rival purchase deals. Sellers will deal with different deals in several ways.
Sellers should consider the "highest" bid; warn all potential buyers that other deals are "at the table;" they can "compare" one offer by put the another offer on the side pending a counter-offer vote, or they can "fight" one offer and refuse the other.
The various bargaining tactics that you can use in multiple deals agreements are advantages and disadvantages. The low initial bid may lead to the purchase of the property you want for less than the quoted price, or may lead to the acceptance of a higher offer from another bidder.
Answer:
attached below is the missing part of the question
$17000
Explanation:
1) calculate the cash dividends
= beginning earnings + net income for the period - ending retained earnings
= $44000 + $57000 - $68000 = $33000
2 ) calculate the amount of cash receipt from the sale of plant assets
first we will calculate the dep on sale of plant products
= beginning accumulated depreciation + depreciation expense - ending accumulated depreciation
= 22500 + 12000 - 24500 = $10000
next we calculate the cost of sale of plant assets
= beginning plant asset + acquisition new plant assets - ending plant asset
= $123500 + $29000 - $131500 = $21000
Hence the cash receipt from the sale plant assets = cost of sale of plant assets - dep on sale of plant products + gain on the sale of plant assets
= 21000 - 10000 + 6000 = $17000
Answer:
The land should be reported in the financial statements at $40,000
Explanation:
At the time of recording of the fixed assets, the fixed assets should be recorded at purchase cost or historical price
Since in the question, the land was purchased at $40,000 and moreover, it is assessed for the tax purpose for $27,000 and by other appraisers it was valued at $48,000 plus there is an offer of cash payment for $46,000
But at the time of recording, the balance sheet would show at the purchase price i.e $40,000
