Answer:
$155,000
Explanation:
Given that,
Service revenues in 2017 = $200,000
Credit sales for 2017 = $170,000
Company also paid cash for 2017 wages = $25,000
Wages for 2017 not paid yet in cash = $20,000
Therefore,
Net income for 2017:
= Service revenues in 2017 - Cash paid for wages - Wages not paid yet in cash
= $200,000 - $25,000 - $20,000
= $155,000
Hence, the company’s net income for 2017 is $155,000.
<span>Yes, because i now know that i shouldn't just charge every things i buy on a credit card and should only buy something if i have the cash.
If i'm forcing myself to buy something with the money that i don't have, i will only stacking up my debts and will restrict my financial situation which will prevent me from growing my assets</span>
Answer:
The bond's issue(selling) price is $1,085,308.00
Explanation:
The price of the bond is the present values of the future cash flows discounted to present values.Instead of discounting the coupons an annuity factor was used instead but the par value receivable at maturity was discounted using the discounting factor in the question.
Kindly find attached.
Answer:
The correct answer is $18.206.
Explanation:
The yield percentage is given as 4.8%.
The stock price is given as $85.
The exercise price of the call option is given as $70.
Value of the call option will be
= Stock price- present value of the exercise price
= 
= $85 - $66.79
= $18.206
So, the value of call option is $18.206.
