Answer:
-$414,444.44
Explanation:
The computation of the net present value is shown below:
Net present value = Initial investment + net cash flows ÷ (required rate of return - projected growth rate)
= -$1,570,000 + $104,000 ÷ (12% - 3%)
= -$1,570,000 + $1,155,555.56
= -$414,444.44
Hence, the net present value is -$414,444.44
Since the net present value comes in negative so the project is rejected
The answer is high unemployment and low inflation. The money related emergency of 2007–2008, otherwise called the worldwide monetary emergency and the 2008 budgetary emergency, is considered by numerous business analysts to have been the most exceedingly terrible monetary emergency since the Great Depression of the 1930s.
Answer:
E. $330 credit to allowance for doubtful accounts
Explanation:
With regards to the above, the adjusting entry on December 31st is computed as;
= [($15,000 - $1,500)× 0.1)]
= $135
1% of the balance less than 30days
= $1,500 × 0.1 = $150
Total = $45 + $135 + $150 = $330
Answer:
a gain of $12,000 should be recorded on this exchange.
Explanation:
Hint : <em>Treat the Old Sailboat as if it was Sold for an Amount equal to the trade-in allowance since the transaction has commercial substance</em>
<u>Journal Entry to record the Exchange of the Old Sailboat</u>
Trade - In Allowance $192,000 (debit)
Accumulated depreciation $120,000 (debit)
Sailboat - Cost $300,000 (credit)
Gain on Exchange of Old Sailboat $12,000 (credit)
<span>The first step in developing brand image for the Coffee Collective would be to develop positive brand awareness and an association of the brand in consumers' minds to give the brand an identity.
Brand image refers to the image of the company that is painted in the mind of the consumer/future consumer. It is important to have positive brand awareness and that the consumer believes there is value within the brand they are going to purchase from. This is even more important when you are referring to a brand that has a lot of market competition like food, drinks, and/or coffee because there are many options, you want the consumer to pick yours. </span>
