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Answer:
$1,551,222.84
Explanation:
We should assume the interest are implicity charged in the note payments.
In order to record the equipment at their fair value at the momnet of purchase, we will discount the note using 11% discount rate
The note will be an annuity for $500,000 during 4 year at rate 11%
C 500000
time 4
rate 0.11
PV
This is the value of the equipment at present value, without the interest charged on the note.
Under this value it should be recorded.
In this case, they would understand the revenue, report the money owed receivable fee, and record the expenses for the sale all at the same time.
Revenue is the total quantity of earnings generated with the aid of the sale of goods or services associated with the business enterprise's number one operations. sales, also referred to as gross sales, is frequently referred to as the "top line" as it sits on the top of the profits announcement. earnings, or internet income, is a business enterprise's total income or income.
Revenue = fee of goods or offerings × variety of units offered or quantity of customers. for instance, if a corporation sells 10 computer systems at ₹50,000 each, it can use this system to calculate its gross revenue: Gross sales = ₹50,000 × 10 = ₹500,000.
Revenue refers to the overall income a company generates via its center operations like sales of services or products, rents on a property, routine payments, interest on borrowings, and so on. sales calculations come earlier than doing away with any fees, together with discounts and returns.
Learn more about Revenue here:brainly.com/question/25623677
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Answer:
A gallon of gasoline cost 1.36 carton of milk
Explanation:
We should divide the given product over the base product
In this case, gasoline is the product we want to express based on carton of milk:
2.39 gallon of gasoline / 1.76 carton of milk = 1,35795454
A gallon of gasoline cost 1.36 carton of milk
