Answer:
N=5
, PV=-120
, PMT=4
, FV=145
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $120
Assuming figure - Future value or Face value = $145
PMT = 4
NPER = 5
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
This is the answer and the same is not given in the options
Answer:
The acquisition cost is $38140
Explanation:
acquisiton cost = invoice price + applicable sales tax - cash discount + freight paid + cost of insurance + installation cost +testing and adjusting costt
= $34000 + $2000 - $400 + $260 + $125 + $2000 + $425
= $38410
Therefore, The acquisition cost is $38140.
Answer:
The point of present perfect (e.g. has witnessed)is that it deemphasizes the time at which the event occured and even the number of times it occured,and emphasizes merely that there was at least one occurrence before the present.
Answer:
Date Account title and Explanation Debit Credit
Investment in nursery supplies share $69 million
Cash $69 million
(To record equity investment)
Investment in nursery supplies share $8 million
(40 million*20%)
Investment revenue $8 million
(To record share in net income reported by N' supplies)
Cash $7.5 million
(20 million*25%*1.50)
Investment in nursery supplies share $7.5 million
(To record share in dividend received from N' supplies)