Answer:
$10,446
Explanation:
The Present Value is the Dollar today of the Future cash flows.
Use the time value of money techniques to calculate the Present Value (PV) of the annuity.
N = 4
P/Y = 1
Pmt = $2,250
FV = $3,000
i = 5%
PV = ?
Using a Financial calculator to input the values as above, the PV is $10,446
On November 21, Civic Company received $550 from customers in payment of their accounts. The journal entry to record this transaction will include a credit to accounts receivable.
<h3>What is meant by account receivable?</h3>
- The money clients owe your business for goods or services for which invoices have been issued is known as accounts receivable. On the balance sheet, current assets are listed as the total amount of all accounts receivable, including bills from clients for goods or services on credit.
- A person who works in accounts payable must ensure that their company receives payments for the goods and services it provides and record these transactions appropriately.
- Trade accounts receivable notes receivable and other receivables are the three categories into which receivables are typically broken down.
On November 21, Civic Company received $550 from customers in payment of their accounts. The journal entry to record this transaction will include a credit to accounts receivable.
To learn more about accounts receivable, refer to:
brainly.com/question/24848903
#SPJ4
Answer:
$19
Explanation:
The computation of the financial advantage or disadvantage is shown below:
= Sale value after processed further - cost of processed further - sale value without processed further
= $91 - $29 - $43
= $19
Simply we deducted the cost of processed further and the sale value without processed further from the Sale value after processed further so that the correct amount can come
All other information which is given is not relevant. Hence, ignored it
(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.
<h3>
What is revenue?</h3>
- The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
- Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
- A company's overall earnings or profit are referred to as income or net income.
- Although both revenue and profit are positive indicators for your company, they are not the same thing.
- The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.
Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.
Know more about revenue here:
brainly.com/question/16232387
#SPJ4
