<span>Lower price increases the real incomes of buyers, enabling them to purchase more.</span>
If you do t plan on having it for a long time, then you don’t have to worry about the maintenance issues and upkeep.
Answer:
Cash in-flow in the last year.
Explanation:
Salvage value, also known as residual value, is the amount that you receive from sale of Property, Plant, and Equipment at the end of useful life. When computing the NPV of any project, we consider all the relevant cash flows of that project. Since, $45,000 will be received when project ends from sale of Fixed asset, so this figure will be treated as Cash in-flow and discounted.
Answer:
11.7%
Explanation:
The common stock of a shaky building has a beta of 22%
The market risk premium is 9.56%
The US treasury bill is 3.3 %
Therefore the cost of equity can be calculated as follows
= 3.3/100 + (1+22/100)(9.56)
= 0.033 + (1+0.22)(9.56)
= 0.033 + 1.22×9.56
= 0.033 + 11.6632
= 11.7%
Answer:
a. Record the adjusting entry related to outstanding checks, if necessary.
No adjusting entry is necessary for recording outstanding checks.
b. Record the adjusting entry related to bank service charges, if necessary.
June 30, 202x, bank fees expense
Dr Bank fees expense 20
Cr cash 20
c. Record the adjusting entry related to Check No. 919, if necessary.
June 30, 202x, adjusting entry for mistake on recording Check No. 919
Dr Cash 9
Cr utilities expense 9
d. Record the adjusting entry related to the June 30 deposit, if necessary.
No adjusting entry is necessary for recording deposits on transit.
