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love history [14]
4 years ago
5

If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would b

e most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement
Business
1 answer:
riadik2000 [5.3K]4 years ago
8 0

Answer:

The answer would be D. Income Statement!

Explanation:

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Based on the information given the type of research is: Experimental research.

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2 years ago
Four companies were sued by customers for injuries sustained from faulty products. All four companies settled out of court for $
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d. A company with assets totaling $50 billion.

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3 years ago
Your lease calls for payments of $500 at the end of each month for the next 12 months. Now your landlord offers you a new 1-year
Mamont248 [21]

Answer:

Change in Net worth= $133.62

Explanation:

The two lease options require  that the leasee ( the tenant) commit himself to pay a series of equal amount of rent installment at the different time period in the future.

These series of equal periodic cash flows occurring in the future  are called annuities.  

To have a meaningful comparison, the two annuities should be compared based on their present values. So we compute the present value of the two using the formula below:

Present Value (PV) =( A × (1- (1+r)^(-n))/r

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PV = 500 × 1-(1+0.05)^(12)

    = 500 ×  8.863251636

    = $4,431.62

Option 2: New Offer

This will be done in two steps:

PV of lease in year 3

PV =700 × (1-(1+0.05)^(-9))

     = 700 × 7.107821676

     =4,975.47

PV of lease in year 0

PV = FV × (1+r)^(-3)

     =4,975.47 × 0.8638

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My net worth would change by the amount of the difference between the two PV of the two annuities:

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