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Anastaziya [24]
1 year ago
15

What is the maximum amount you would pay for an asset that generates an income of $250,000 at the end of each of five years, if

the opportunity cost of using funds is 9 percent?
Business
1 answer:
Serggg [28]1 year ago
3 0

250,000/1.08 + 250,000/1.08^2 + 250,000/1.08^3 + 250,000/1.08^4 + 250,000/1.08^5 = $998,177.51 is the correct answer

<h3>What is an asset?</h3>

An asset is a resource having economic worth that a person, organization, or nation owns or manages with the hope that it may someday be useful.

The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. They are acquired or produced in order to raise a company's value or improve the operations of the company.

Whether it's manufacturing equipment or a patent, an asset can be viewed of as anything that, in the future, can generate cash flow, lower expenses, or increase sales.

An asset is anything that can increase sales, lower costs, or generate cash flow, whether it be a patent or manufacturing equipment.

To learn more about asset, visit:

brainly.com/question/14404094

#SPJ4

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B. legal and regulatory requirements

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A $100 petty cash fund has cash of $17 and receipts of $86. The journal entry to replenish the account would include a :
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Answer:

The correct option is C, credit to cash over and short for $3

Explanation:

The requirement targets the balancing entry in the cash account,with cash of $17 in the petty cash account coupled with receipts of $86, the total amount in the petty cash is $103 ($86+$17) and the established float is just $100, which implies that the petty cash has an excess fund of $3 that must be returned to the main cash account.

The excess is the difference between $103 cash in the petty cash account and the maximum float of $100($103-$100)

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For regular tax purposes, with regard to the itemized deduction for qualified residence interest, home equity indebtedness incur
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For regular tax purposes, with regard to the itemized deduction for qualified residence interest, home equity indebtedness incurred during a year: Is limited to $100,000 on a joint income tax return.

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The debt of household property is entitled to a joint return of $100,000. Home equity debt is any mortgage not obtained by a qualifying property.  

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The debt to purchase, create, and substantially improve a qualifying residence is the debt owed in the purchasing, construction and securing of such house (a 1 million dollars limited).  

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7 0
3 years ago
Difference between information desired and information provided is:_______.
mylen [45]

Answer:

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3 years ago
The plant assets section of the comparative balance sheets of Anders Company is reported below.
kobusy [5.1K]

Answer:

Cash Anders received from the sales of equipment was $37,000

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The equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000

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The equipment was sold at a loss of $3,000. Therefore:

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Cash Anders received from the sales = The carrying amount of the equipment - $3,000 = $40,000 - $3,000 = $37,000

8 0
3 years ago
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