Drebin Security Systems sold merchandise to a customer in exchange for a $50,000, five-year, noninterest-bearing note when an equivalent loan would carry 10% interest. Drebin would record sales revenue on the date of sale equal to:
a. $50,000.
b. Zero.
c. The future value of $50,000 using a 10% interest rate.
d. The present value of $50,000 using a 10% interest rate.
Answers: 1
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Business, 22.06.2019 10:20, christianconklin22
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
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Business, 22.06.2019 10:30, Uc34758
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Drebin Security Systems sold merchandise to a customer in exchange for a $50,000, five-year, noninte...
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