Answer:
d.$150,000
Explanation:
The grant is given for purchase of vans for challenged individuals. It means grant is given subject to purchase of vans.
As the vans have been purchased, therefore whole amount is recognized as accrued revenue as it is probable that amount will be received and amount of revenue is also certain/determinable.
Answer:
-$5,114.07
Explanation:
The computation of the net present value is shown below:
= Present value of all year cash flows - initial investment
where,
Present value of all year cash flows = Annual cash flows × PVIFA factor at 9 years for 8% + Salvage value × discount factor at 8%
= $38,000 × 6.2469 + $15,000 × 0.500248967
= $237,382.20 + $7,503.73
= $244,885.93
Refer to the PVIFA table and discount factor table
And, the initial investment is $250,000
So, the net present value is
= $244,885.93 - $250,000
= -$5,114.07
I believe the answer would be D. I think
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Answer:
76.40%
Explanation:
Calculation for What was the percentage decline
Using this formula
Percentage decline=+Fallen stock market bubble-Peaked stock market bubble)÷Peaked stock market bubble
Let plug in the formula
Percentage decline=(1,285 - 5,445) ÷5,445
Percentage decline=-4,160÷5,445
Percentage decline=-0.7640*100
Percentage decline=-76.40%
Therefore the percentage decline will be -76.40%