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2 years ago

A co-worker has filed a document where you can access it if needed. This allows you to:

1 answer:

7 0

The filing of a document by a co-worker allows one to copy the document in case of an emergency, so both the person and the supervisor will be able to access it.

<h3>What is a document?</h3>

A piece of paper containing a material information, whether legally registered or not, is known as a document. However, as the times have evolved, a document can also be in an electronic form, other than paper.

Hence, option A holds true regarding the document of the co-worker.

Learn more about a document here:

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Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's pr

BartSMP [9]

Answer:

Option B, IRR is 14.42%

Explanation:

The IRR is the rate of return that equates the cost of the project to the present value of cash flows receivable from the project in future.

Using an excel approach, the formula formula IRR is given as:

=irr(values)

The values in this case are

-$1300 in year 0

$450 in year 1

$450 in year two

$450 in year 3

$450 in year 4

The irr gives 14.42% as shown in the spreadsheet attached

The cost of the investment of the investment project of $1300 equals the present values of its cash flows at 14.42% rate of return

Download xlsx

4 0

4 years ago

The government imposed a fine on the Not-So-Legal Company. The fine calls for a payment of $100,000 today, $150,000 one year fro

belka [17]

Answer:

The amount after 2 years will be $460590

Explanation:

The payment which is done 2 year from today = $200000

The payment which is done one year from today = $150000

Rate of interest = 3 %

So the amount after 1 year

$A=P(1+\frac{r}{100})^n=150000(1+\frac{3}{100})^1=$154500$

The amount which is done today = $100000

So amount after 2 years

$A=P(1+\frac{r}{100})^n=100000(1+\frac{3}{100})^2=$106090$

So total amount after 2 years = $106090+$154500+$200000 = $460590

8 0

3 years ago

Payments from customers received before performing services for the customers are recorded as

Pachacha [2.7K]

Answer:

B) liabilities.

Explanation:

When the payment is received from the customer before performing the services is known as unearned service revenue

The journal entry is

Cash A/c Dr XXXXX

To Unearned Service revenue A/c XXXXX

(Being advance payment is received)

We simply debited the cash account as cash is received and credited the respective account i.e unearned service revenue

7 0

3 years ago

You have just won the multi-state lottery jackpot of $500,000,000! you have the option of receiving a check for $25,000,000 ever

tekilochka [14]

(10,000,000) / (20) = 500,000

(10,000,000) * (0.069) = 690,000 in taxes.

So (10,000,000) - (690,000) = 9,310,000 in a lump sum.

In 20 payments it would be $500,000 minus the taxes.

($500,000) - [(690,000)/(20)]

($500,000) - [$34,500] = $465,500

One lump sum would be $9,310,00. If they don't charge you taxes if you get the 20 payments per year, you would get $500,000. If you're charged taxes you'd get $465,500 per year.

6 0

3 years ago

According to the law of demand, assuming Ceteris Paribus,

andrey2020 [161]

D I had this on a test and got it right

4 0

3 years ago

Read 2 more answers