Answer:
$11,160.097
Explanation:
Data provided in the question:
Future value of machine = $44,309.00
Time, n = 16 years
Discount rate, r = 9.00% = 0.09
Now,
The amount Derek is will to pay will be the present value of the machine
Also,
we know
Future value = Present value × (1 + r)ⁿ
on substituting the respective values, we get
$44,309.00 = Present value × (1 + 0.09 )¹⁶
or
$44,309.00 = Present value × 3.97
or
Present value = $44,309.00 ÷ 3.97
or
Present value = $11,160.097
Answer:
13.00 percent
Explanation:
IRR is the rate at which the NPV equal to zero. Using the CF key on a financial calculator, use the following inputs to solve for Internal Rate of Return (IRR) ;
Initial investment; CF0 = -127,900
Yr 1 cashflow; C01 = 43,800
Yr 2 cashflow; C02 = 40,200
Yr 3 cashflow; C03 = 46,200
Yr 4 cashflow; C04 = 41,800
then compute the IRR by keying in IRR, CPT = 13.00%
Easter Corporation purchased a new manufacturing building during the current year. The building has an estimated useful life of 30 years. The appropriate
year-end adjusting entry would be Debit Depreciation expense and credit Accumulated depreciation.
<u>Explanation:</u>
With time the value of the fixed asset reduces due to wear and tear, This reduction in the value is called Depreciation.
At the end of year the adjusting entry would be like this, we will debit the depreciation expense account and credit the accumulated depreciation account.
When we debit the depreciation account it will be shown in the income statement as an expense on the debit side and on the other hand the accumulated depreciation will appear in the balance sheet as a contra account . This will reduce the amount of fixed asset i.e building.
Considering the available options, the one that is Life Instinct is "<u>Pleasure oriented."</u>
<h3>What is Life Instinct?</h3>
Life Instinct is a term used to describe the activities of humans that are conducted towards survival.
<h3>Examples of Life Instinct</h3>
- Sexual instincts
- Drive to live
- Basic instinctual impulses like thirst and hunger, etc.
Hence, in this case, it is concluded that the correct answer is option D. "<u>Pleasure oriented."</u>
Learn more about Life Instinct here: brainly.com/question/9004069
The answers to the blanks provided above are DECREASES and INCREASES, respectively. This is based on the concept of what a business cycle is. What happens during recession is that they try to restore the economy by expansion, and therefore, through this, the government increases their spending and cutting taxes as well.
