Answer:
Total future value= $645.8
Explanation:
Giving the following information:
Year 0 1 2 3 4
CFs: $0 $75 $225 $0 $300
Interest rate= 6.5%
<u>To calculate the future value, we need to use the following formula on each cash flow:</u>
FV= PV*(1+i)^n
Cf1= 75*1.065^3= 90.60
Cf2= 225*1.065^2= 255.20
Cf3= 0
Cf4= 300
Total future value= $645.8
Answer:
C Liabilities are understated, and net income is overstated.
Explanation:
To accrue for interest expense, the required entries are;
Debit Interest expense (p/l)
Credit Accrued Interest (B/s)
Being entries to recognize accrued interest expense.
If this is not posted, liabilities and expenses for the period would be understated. As such, net income would be overstated.
Hence the right answer is C Liabilities are understated, and net income is overstated.
The Tet offensive was considered to be one of the great debacles of foreign intelligence, wherein it yielded a military success however suffered a great political defeat. In addition, the military operation was considered to be one of the largest military offensive in the course of the Vietnam War.
Answer:
Several types of intanigle property, also known as intangible assets, are protected by law. The three main types are: copyrights, patents, and trademarks.
A copyright is a protection of a creative work like a book, a song, or a film
A patent is a legal protection for a scientific or technological invetion.
And a trademark is a protection of a phrase, name, brand, or symbol that identifies a particular company.
