Answer: $321,020
Explanation:
The cash flow is expected to grow at a rate of 8%.
This means that in the next year it will be 8% higher than the $297,241 it is in the current period.
= 297,241 * ( 1 + rate)
= 297,241 * ( 1 + 8%)
= $321,020
Answer:
Debit Credit
Unearned revenue $2,500
($7,500/3)
Revenue $2,500
Explanation:
The following adjusting entry shall be recorded in the accounts of the Biddle and Biddle, on January 31, in respect of revenue earned by it from accounting services:
Debit Credit
Unearned revenue $2,500
($7,500/3)
Revenue $2,500
Answer:
Letter B is correct. Participation
Explanation:
Employee participation in a changing situation is effective in breaking down resistance barriers.
When an employee feels part of a process of organizational change, he or she develops a sense of belonging, appreciation of his or her capabilities, which is an important factor in breaking insecurities and resistance to change.
Answer:
If oligopolists engaged in some sort of collusion, industry output would be smaller_____ and price would be _higher____ than under perfect competition.
Answer:
c)$568; $378; $54
Explanation:
($1,120 - $1,000)/$1,000 = 12%
(0.6)14% + (0.4)10% = 12.4%
12% = w5% + 12.4%(1 - w)
w = .054
1-w = .946
w = 0.054($1,000)
= $54 (T-bills)
1 - w = 1 - 0.054 = 0.946
0.946($1,000) = $946
$946 x 0.6 = $568 in X
$946 x 0.4 = $378 in Y.