Answer:
The answer is C.
Explanation:
Dr. Cost of Goods Sold and Cr. Merchandise Inventory for $400
Answer:
$952,853.88
Explanation:
The lump sum payment can be calculated using the present value of annuity formula which shall be calculated as follows:
Present value of annuity=R((1-(1+i)^-n)/i)=lump sum payment today
Where R=semi annual payment=$202,000
n=number of semi annual payments=4 since first payment is to be received today
i=interest rate=3%(6/2) in this case since the payments are semi annual.
Lump-sum payment=202,000+202,000((1-(1+3%)^-4)/3%)
=$952,853.88
This question does not make sense could you just write out the question?
The complete statement is "One natural consequence of mastering your job can be increased interest." Option C. This is further explained below.
<h3>What is interest?</h3>
Generally, interest is simply defined as the desire to understand more about something.
In conclusion, When you've mastered your profession, it's normal to feel more enthusiastic about it.
Read more about interest
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Home usually in increase in value while cars decrease in value.
