a. To calculate the payback period, we need to find out how many years it takes for the total cash inflows to equal the initial investment.
Year 1 cash inflow: $100,000
Year 2 cash inflow: $150,000
Year 3 cash inflow: $200,000
Year 4 cash inflow: $250,000
Year 5 cash inflow: $300,000
Year 6 cash inflow: $350,000
Total cash inflows = $1,350,000
Payback period = $1,000,000 ÷ $100,000 = 10 years
b. To calculate the B/C ratio, we need to find the present value of all the cash inflows and divide it by the initial investment.
PV of Year 1 cash inflow: $100,000 ÷ (1 + 10%)^1 = $90,909.09
PV of Year 2 cash inflow: $150,000 ÷ (1 + 10%)^2 = $113,636.36
PV of Year 3 cash inflow: $200,000 ÷ (1 + 10%)^3 = $136,363.64
PV of Year 4 cash inflow: $250,000 ÷ (1 + 10%)^4 = $159,090.91
PV of Year 5 cash inflow: $300,000 ÷ (1 + 10%)^5 = $181,818.18
PV of Year 6 cash inflow: $350,000 ÷ (1 + 10%)^6 = $203,214.23
Total present value of cash inflows = $885,032.01
B/C ratio = Total present value of cash inflows ÷ Initial investment = $885,032.01 ÷ $1,000,000 = 0.885
c. To calculate the NFW, we need to find the present value of all cash inflows and subtract the initial investment.
Total present value of cash inflows:
PV of Year 1 cash inflow: $90,909.09
PV of Year 2 cash inflow: $113,636.36
PV of Year 3 cash inflow: $136,363.64
PV of Year 4 cash inflow: $159,090.91
PV of Year 5 cash inflow: $181,818.18
PV of Year 6 cash inflow: $203,214.23
Total present value of cash inflows = $885,032.01
NFW = Total present value of cash inflows - Initial investment = $885,032.01 - $1,000,000 = -$114,967.99 (negative NFW means the investment is not worthwhile)
d. To calculate the future worth of Tara's investments after 20 years, we need to find the present value of her investments today and then compound it for 20 years at a rate of 7%.
Present value of Tara's investments today:
Investment 1: $2,500
Investment 2: $1,500 ÷ (1 + 7%)^1 = $1,401.87
Investment 3: $1,600.87 ÷ (1 + 7%)^1 = $1,491.10
Investment 4: $1,700.97 ÷ (1 + 7%)^1 = $1,583.05
Investment 5: $1,802.12 ÷ (1 + 7%)^1 = $1,676.76
learn more about initial investment here:
https://brainly.com/question/15610379
#SPJ11
during a restructuring, managers can best help the company recover by managing multiple choice multiple teams. layoff survivors. basic supplies. laid-off employees. new employees.
During a restructuring, most managers can best help the company recover by managing the layoff survivors. The Option B is correct
Who are the layoff survivors?The layoff survivors is a term that psychologists give to experiencing remorse that one has "survived" a layoff when co-workers did not. A layoff survivor syndrome for the worker is best defined as the emotional, psychological and physical reaction to the layoffs in workers who remain in the job.
In conclusion, during the phase of restructuring, most of the managers will help the company recover by managing the layoff survivors, who are still nursing the layoff survivor syndrome.
Read more about layoff survivors
brainly.com/question/26647514
#SPJ1
the path to recovery using fiscal policy involves a jump start of increased government spending followed by multiple rounds of decreased?
The path to recovery using fiscal policy involves a jump start of increased government spending followed by multiple rounds of decreased spending.
Initially, the government increases spending, which stimulates economic activity. This can be in the form of infrastructure projects, investments in education or healthcare, or other public services.
As a result of this increased spending, businesses and consumers receive more income, leading to an increase in consumer spending and demand for goods and services.
The increased demand for goods and services leads businesses to hire more workers, further fueling economic growth.
Once the economy has recovered and is growing steadily, the government can then gradually decrease spending to reduce the budget deficit and stabilize public finances.
This strategy, which involves an initial increase in government spending followed by multiple rounds of decreased spending, is an effective way to stimulate economic growth and promote recovery using fiscal policy.
To know more about fiscal policy, refer here:
https://brainly.com/question/31442914#
#SPJ11
I have been wanting to write a script for a while now but i dont have a plot, please give me a plot idea most creative gets brainliest
Answer:
plot : in suburbs
oh girl who was abused all her life the forced into human trafficking ♀️
Grouse Corporation, a calendar year C corporation, had taxable income of $1,400,000, $1,200,000, and $700,000 for 2019, 2020, and 2021, respectively. Grouse has taxable income of $1,600,000 for 2022. What are Grouse Corporation's minimum required estimated tax payments for 2022
It's important to note that specific deductions, credits, and other factors can affect the final tax liability, so consulting with a tax professional or using tax software is recommended for accurate calculations.
To calculate Grouse Corporation's minimum required estimated tax payments for 2022, we need to consider the IRS rules for estimated tax payments.
For corporations, the IRS generally requires estimated tax payments if the expected tax liability for the current year is $500 or more. The estimated tax payments are typically equal to the lesser of:
100% of the tax shown on the corporation's current year's tax return (based on the prior year's taxable income), or
100% of the tax shown on the corporation's current year's tax return (based on the current year's taxable income).
In this case, Grouse Corporation had taxable incomes of $1,400,000, $1,200,000, and $700,000 for 2019, 2020, and 2021, respectively. Grouse Corporation's taxable income for 2022 is $1,600,000.
To determine the minimum required estimated tax payments for 2022, we will use the lesser of the two calculations mentioned above.
100% of the tax shown on the corporation's current year's tax return (based on the prior year's taxable income):
For 2022, the prior year is 2021, and the taxable income for 2021 was $700,000. We will calculate the tax liability based on this amount.
Learn more about calculations here
https://brainly.com/question/27846658
#SPJ11
An offeree whose acceptance is not a mirror of the offer has made a counter offer.
True
False
What is the monthly interest payment for an
account with a balance of $120.00 and an A.P.R.
of 10%?
A. $12.00
C. $10.00
B. $1.00
D. $4.00
Answer:
B. $1.00
Explanation:
Here,
=10% of $120
=$12
Then,
or, 1 year = 12 months
or, 12 months = $12
1 month = $1
So, the monthly interest payment for an
account with a balance of $120.00 and an A.P.R. of 10% is option b, $1.
A company using public relations sends information to media outlets such as newspapers and ratio stations. Who decides what Information about the company the outlets will publish?
Answer:
The media outlets should be correct
Explanation:
A P E X
If the U.S. dollar-British pound exchange rate is $1.30 per pound, and the U.S. dollar-euro rate is $1.12 per euro: Instructions: Enter your response rounded to the nearest two decimal places. a. What is the pound-per-euro rate?
Given that the U.S. dollar-British pound exchange rate is $1.30 per pound, and the U.S. dollar-euro rate is $1.12 per euro.A rate of exchange is the number of units of one country's currency that has to be surrendered to get one unit of another country's currency.
It is used to compare the relative value of the two currencies.So, to find the pound-per-euro rate, we can use the cross-rate formula.Cross-rate = rate of currency 1 / rate of currency 2Given that the rate of U.S. dollar-British pound exchange is $1.30 per pound.Rate of GBP/USD = $1.30 per pound.To calculate the rate of USD/GBP, we can take the reciprocal of $1.30 per pound.USD/GBP rate = 1/1.30 per pound or 0.7692 pounds per dollar.Similarly, given that the rate of U.S. dollar-euro exchange is $1.12 per euro.Rate of USD/EUR = $1.12 per euro.To calculate the rate of EUR/USD, we can take the reciprocal of $1.12 per euro.EUR/USD rate = 1/1.12 per euro or 0.8929 dollars per euro.We can now use the cross-rate formula:GBP/EUR rate = GBP/USD rate ÷ EUR/USD rate= 0.7692 pounds per dollar ÷ 0.8929 dollars per euro= 0.8617 pounds per euro (rounded to the nearest two decimal places)Therefore, the pound-per-euro rate is 0.86.
To know more about Euro visit
https://brainly.com/question/30941856
#SPJ11
2. A flexible tape with different type of measurements essential for taking
body measurements.
a. ruler
b. yard stick
c. hem gauge
d. tape measure
5 Ayesha is a business adviser. Her financial year ends on 30 September. She provided the following trial balance at 30 September 20-3: $ Capital $ Drawings 15200 125000 Premises 95 000 Office equipment Fees from clients 21600 Insurance 3110 Printing and stationery 2480 Wages Office expenses 59 650 3120 Rent receivable Trade receivables 6150 6000 9510 Bank overdraft Cash 65950 150 206460 206460 Prepare Ayesha's income statement for the year ended 30 September 20-3 and a statement of financial position at 30 September 20-3.
From the income statement, the net profit is $49,870(loss), the total assets is $181,250 and the total liabilities is $125,000
What is the income statementFees from clients: $21,600
Expenses:
Wages: $59,650
Rent: $3,120
Office expenses: $3,110
Printing and stationery: $2,480
Insurance: $3,110
Total expenses: $71,470
Net profit: $21,600 - $71,470 = -$49,870 (Loss)
Statement of Financial Position at 30 September 20-3:
Assets:
Premises: $95,000
Office equipment: $6,000
Rent receivable: $6150
Trade receivables: $6,000
Bank overdraft: $65,950
Cash: $150
Total assets: $181,250
Liabilities:
Drawings: $125,000
Capital:
Capital balance: $15,200
Total liabilities and capital: $181,250
Learn more on income statement here;
https://brainly.com/question/15169974
#SPJ1
Explain how apple corporation helped the world to get better by its contribution in different fields of life
Explanation:
Apple is one of the largest companies in the world, and has contributed positively to the world in different fields of life. It can be said that the company has the highest standards of environmental management that contributes to the reduction of impacts caused by the company to the environment, as well as to the preservation and investments in environmental programs.
It is also correct to say that the company has revolutionized the way people communicate, with the creation of its technological devices that provided greater interaction between people, greater speed with which communication is exercised, helping in business, in the way of living, to buy and interact with the world.
3. Cash Short and Over is classified as a(n) (A) asset. (B) liability. (C) expense.
(D) equity.
Answer:
(C) expense
Explanation:
Cash over and short are treated as business expenses. They are recorded in the cash and over the account. It means businesses have cash and over an account in the General ledger.
Since the cash over and short account is an expenses account, cash over is debited, while a short is credited.
On November 14, Thorogood Enterprises announced that the public and acrimonious battle with its current CEO had been resolved. Under the terms of the deal, the CEO would step down from his position immediately. In exchange, he was given a generous severance package. Given the information below, calculate the cumulative abnormal return (CAR) around this announcement. Assume the company has an expected return equal to the market return.
Date Market Return % Company Return %
11/7 .5 .4
11/8 .3 .4
11/9 -.2 -.3
11/10 -.6 -.5
11/11 1.3 1.1
11/14 -.1 1.8
11/15 .1 .1
11/16 .9 .7
11/17 .2 .3
11/18 -.2 .0
11/19 .3 .0
To calculate the cumulative abnormal return (CAR) around the announcement, we need to compare the company's return with the expected market return for each trading day.
First, we calculate the expected market return by averaging the market return percentages:
(0.5 + 0.3 - 0.2 - 0.6 + 1.3 - 0.1 + 0.1 + 0.9 + 0.2 - 0.2 + 0.3) / 11 = 0.28
Next, we calculate the daily abnormal returns by subtracting the expected market return from the company's return:
Date | Market Return % | Company Return % | Abnormal Return %
11/7 | 0.5 | 0.4 | 0.4 - 0.28 = 0.12
11/8 | 0.3 | 0.4 | 0.4 - 0.28 = 0.12
11/9 | -0.2 | -0.3 | -0.3 - 0.28 = -0.58
11/10 | -0.6 | -0.5 | -0.5 - 0.28 = -0.78
11/11 | 1.3 | 1.1 | 1.1 - 0.28 = 0.82
11/14 | -0.1 | 1.8 | 1.8 - 0.28 = 1.52
11/15 | 0.1 | 0.1 | 0.1 - 0.28 = -0.18
11/16 | 0.9 | 0.7 | 0.7 - 0.28 = 0.42
11/17 | 0.2 | 0.3 | 0.3 - 0.28 = 0.02
11/18 | -0.2 | 0.0 | 0.0 - 0.28 = -0.28
11/19 | 0.3 | 0.0 | 0.0 - 0.28 = -0.28
Finally, we calculate the cumulative abnormal return (CAR) by summing up the daily abnormal returns:
CAR = 0.12 + 0.12 - 0.58 - 0.78 + 0.82 + 1.52 - 0.18 + 0.42 + 0.02 - 0.28 - 0.28 = 1.28
Therefore, the cumulative abnormal return (CAR) around the announcement is 1.28.
In conclusion, the cumulative abnormal return (CAR) of 1.28 indicates that there was a positive reaction to the announcement of the CEO stepping down and receiving a generous severance package. The market perceived this event as favorable for the company, leading to an abnormal increase in the company's stock return compared to the expected market return.
To know more about return, visit :
https://brainly.com/question/23988082
#SPJ11
The amount of time I live in one place is an example of Capacity from the 5 Cs?
O True
O False
It is true One of the 5 Cs's capacity examples is how long I stay in one spot.
What is Capacity?Capacity, Lenders examine your business plan's revenue, expenses, cash flow, and payback schedule to assess your ability, or your capability to repay a loan. They also check your credit ratings from agencies like Equifax, Experian, and TransUnion as well as your personal and corporate credit reports.
By evaluating the borrower's debt-to-income (DTI) ratio and comparing income to recurrent debts, capacity calculates the borrower's capacity to repay a loan. DTI is determined by multiplying the borrower's gross monthly income by the sum of all monthly debt payments. The applicant's chances of being approved for a home loan are better the lower their DTI .
To know more about Capacity, visit:
https://brainly.com/question/14645317
#SPJ1
Actionow and becca enter into an oral contract in which becca agrees to work on a project for actionow for eighteen months. This contract is enforceable by?.
ActioNOW and Becca entered into an oral contract protected by the Statute of Frauds where Becca agrees to work on a project for ActioNOW for eighteen months, the enforcers of this contract are (b) none of the choices.
Who can make this agreement enforceable?
Being an oral contract, the deal between Becca and ActioNOW is protected by the Statute of Frauds. An oral agreement must, however, be less than $500 in value of it to be recognized as valid under this statute.
The duration of the goods or services must also be less than a year. The government cannot enforce this contract since Becca and ActioNow committed to a contract that would last 18 months, which is longer than a year, and it is not enforceable under the Statute of Frauds.
Choices consist of:
• ActioNOW.
• Becca.
• any third party, such as ActioNOW’s clients.
• none of the choices
Learn more about Statute of Frauds here
brainly.com/question/14854791
#SPJ4
The question was incomplete. Check below the full question
ActioNOW and Becca enter into an oral contract in which Becca agrees to work on a project for ActioNOW for eighteen months. This contract is enforceable by: Select one:
a. ActioNOW.
b. none of the choices.
c. Becca.
d. any third party, such as ActioNOW's clients.
rate this photo...............
Answer:
ok
Explanation:
black and white
Answer:
um id.k maybe a 5 1/2 ig?
Explanation:
Oliver is a small manufacturing business owner. He has a limited number of employees working under him. He usually helps his employees with their respective insecurities and helps them grow. He thus inspires his employees to work better. Which character trait helps Oliver be a good entrepreneur?
A. aggression
B. timeliness
C. creativity
D. intuitiveness
E. confidence
Answer:
D. intuitiveness
Explanation:
It is Oliver's intuitiveness that makes him a good entrepreneur. Remember, an entrepreneur who has the character trait of intuitiveness is able to easily understand issues facing their employees and then bring out solutions to those problems.
Hence, we are told, Oliver not only helps his employees with their respective insecurities but also them grow, this shows he has a high sense of intuition such that he can inspire others to imitate his example.
Answer:
Confidence
Explanation:
Plato
If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.
which involved the training of postal workers to perform a keyboarding skill, demonstrated that distributed practice was better for learning than massed practice in a real-world training situation
Longman and Baddeley is the study that involved the training of postal workers to perform a keyboarding skill
What is the study about?In this research study they looked into how distributed practice (spreading out learning sessions over time) differs from massed practice (cramming together multiple learning sessions at once) on verbal recall tasks.
Researchers conducted this experiment involving postal workers training a keyboarding skill. Distributed practice was found to be more successful for learning than massed practice.
Read more on research study here:https://brainly.com/question/968894
#SPJ4
Aiden has not received the foot spa that he paid for months ago. When thinking about his rights as a consumer, Aiden is most likely concerned about _____.
A.
purchase satisfaction

B.
unfair business practices

C.
credit card protection

D.
product safety
Aiden exists most likely concerned regarding credit card protection.
What is credit card payment protection?Credit card payment protection exists as an optional insurance program that permits you to set your card's lowest payments and fees on storage following specific life circumstances. Payment protection may enable your credit card account to stay in a good place - even when something incredible happens. The (truth) in lending act, is even comprehended as the consumer credit protection act. Therefore, the correct answer is option C. credit card protection
To learn more about Aiden's concern refer to:
https://brainly.com/question/25420137
#SPJ2
Lisa Lasher buys 430 shares of stock on margin at $20 per share. If the margin requirement is 40 percent, how much must the stock rise for her to realize a 20-percent return on her invested funds? (Ignore dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent.
The stock price needs to rise by $1,720 for Lisa to realize a 20 percent return on her invested funds.
To determine how much the stock must rise for Lisa Lasher to realize a 20 percent return on her invested funds, we need to calculate the initial investment and the target final value.
Initial Investment:
Lisa bought 430 shares of stock at $20 per share, so the initial investment can be calculated as follows:
Initial Investment = Number of shares * Price per share = 430 * $20 = $8,600
Margin Requirement:
The margin requirement is 40 percent, which means Lisa needs to provide 40% of the initial investment. Therefore, the margin amount is:
Margin = Margin Requirement * Initial Investment = 0.4 * $8,600 = $3,440
Target Final Value:
To calculate the target final value, we need to consider the desired return on the invested funds. Lisa wants to realize a 20 percent return on her invested funds. This means the final value should be 120 percent of the initial investment.
Target Final Value = (1 + Desired Return) * Initial Investment = 1.2 * $8,600 = $10,320
Now, we can determine how much the stock must rise to reach the target final value. Let's denote the required increase in stock price as "x."
New Final Value = Initial Investment + Margin + Increase in Stock Price
$10,320 = $8,600 + $3,440 + x
Simplifying the equation:
x = $10,320 - ($8,600 + $3,440)
x = $10,320 - $12,040
x = -$1,720
Since the value of "x" is negative, it means the stock price needs to rise by $1,720 for Lisa to realize a 20 percent return on her invested funds.
To know more about stock price click here
brainly.com/question/1674639
#SPJ11
plssss help
what is india’s comparative advantage in global competition?
a. low cost labor
b. access to natural resources
c. production of agricultural commodities
d. open land for building growth
e. innovation and expertise in manufacturing
India's comparative advantage in the global competition will be "Low-cost labor".
Over the past couple of years, India however has preserved significant competitive advantages throughout the production of medicines as well as a variety of tradeable commodity manufactured goods.Despite the reality that the requirements for becoming a distribution center continuously improving, certain manufacturing investments are expected to somehow be untouched by technology.
Thus the above answer i.e., "option a" is the right answer.
Learn more about the global competition here:
https://brainly.com/question/15637941
Is this statement true or false?
Businesses react to contractions in the economy by increasing output.
true
false
Answer:
This statement is false.
Businesses don't react to contractions in the economy by increasing output.
Explanation:
The reason behind this answer is that if companies increase their production to sell more, they are going to drive the price down. This is what happened with the recent oil crisis. The demand was down (this is the major phenomenon in a contraction, consumption goes down) and they didn't stop producing or reducing their production. U.S. oil production increased. Driving its price down. So, because this happened their business models were not efficient anymore and they required bailouts to not go bankrupt. So, they don't act like this. They reduce their costs, prices, and look for government subsidies in their products.
Tom is setting up a business as a boarding kennel. He will look after dogs while the owners are away. He has found a barn that he can rent. It will need fitting out with secure kennels and runs for the dogs. Identify three start up costs he may have. 1. Feeding bowls/dog leads and other dog care items
2.
3.
Answer:
Explanation:
1) Feeding bowls / dog leads and other dog care items. These are important for a safe upkeep and care of dogs that will be in his custody.
2)Tom should also have good insurance policy in place in order to make provision for future potential loss, The insurance policy should cover all the breeds of dogs for maximum economic benefit.
3)Another cost is the cost of obtaining a boarding license at the rate set by the covering local council . This is necessary to obtain a full government approval .
What does qualitative research and quantitative research means?
Answer:
Quantitative research is expressed in numbers and graphs. It is used to test or confirm theories and assumptions. This type of research can be used to establish generalizable facts about a topic.
Common quantitative methods include experiments, observations recorded as numbers, and surveys with closed-ended questions.
Qualitative research
Qualitative research is expressed in words. It is used to understand concepts, thoughts or experiences. This type of research enables you to gather in-depth insights on topics that are not well understood.
Common qualitative methods include interviews with open-ended questions, observations described in words, and literature reviews that explore concepts and theories.
Answer:
Qualitative research involves collecting and analyzing non-numerical data (e.g., text, video, or audio) to understand concepts, opinions, or experiences. It can be used to gather in-depth insights into a problem or generate new ideas for research.
Quantitative research is a research strategy that focuses on quantifying the collection and analysis of data.
An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
Read more about business at:
https://brainly.com/question/26106218
#SPJ1
Complete question:
State An innovative business idea that no one has never had
Here are the summary statistics for the weekly payroll of a small company: do you think the distribution of salaries is symmetric, skewed to the left, or skewed to the right? explain why.
To determine whether the distribution of salaries is symmetric, skewed to the left, or skewed to the right, we need to analyze the summary statistics. Unfortunately, the summary statistics were not provided, so I cannot provide a specific answer based on the information given.
However, in general, we can assess the skewness of a distribution by looking at the measures of central tendency (mean, median) and the shape of the distribution. If the mean and median are close in value and the distribution is roughly symmetric, then the distribution can be considered symmetric.
If the tail of the distribution is longer on the left side and the median is smaller than the mean, the distribution is left-skewed. Conversely, if the tail is longer on the right side and the median is larger than the mean, the distribution is right-skewed. Without the specific summary statistics, it is not possible to determine the skewness of the salary distribution.
To learn more about salaries, click here.
https://brainly.com/question/33849741
#SPJ4
Help please... This is due in an hour...
Answer:
but where the key word to it
Kendra needs to organize information about last year's sales. She wants to calculate how much revenue was generated and compare it to sales data from previous years. Which type of program will be the best for Kendra to use to help her achieve task
Answer:spreadsheet program - apex
Explanation:
Just took the test and failed that question
Scarlet Company received an invoice for $77,000.00 that had payment terms of 4/5 n/30. If it made a partial payment of $15,700.00 during the discount period, calculate the balance of the invoice.
Round to the nearest cent
Scarlet Company received an invoice for $77,000.00 that had payment terms of 4/5 n/30. If it made a partial payment of $15,700.00 during the discount period, calculate the balance of the invoice. Invoice is a document that is used by business owners to bill their customers for goods or services rendered.
Given: Scarlet Company received an invoice for $77,000.00 that had payment terms of 4/5 n/30. If it made a partial payment of $15,700.00 during the discount period, calculate the balance of the invoice. Invoice is a document that is used by business owners to bill their customers for goods or services rendered. It is a written agreement between the seller and the buyer that outlines the terms and conditions of the sale. The discount is a reduction in the price of an item or service. In business, a discount is often used as an incentive to encourage customers to purchase more goods or services. It is important to calculate the balance of the invoice to know how much the buyer still owes the seller.
Answer: Given that the invoice amount is $77,000 and the payment terms are 4/5 n/30.4/5 n/30 means a discount of 4% can be availed if payment is made within 5 days. Otherwise, the full amount needs to be paid within 30 days. Now, if the company made a partial payment of $15,700 during the discount period, the amount of discount that the company can avail will be: Discount = $77,000 × 4% = $3,080
The balance amount after the partial payment and discount is: Balance amount = $77,000 - $15,700 - $3,080= $58,220
Hence, the balance of the invoice is $58,220.
To know more about invoice visit:
https://brainly.com/question/32570394
#SPJ11