Answer:
S/N Account and Explanation Debit Credit
1. Rent expense $860
($4,300 / 5 month)
Prepaid rent $860
(To record adjusted rent expense)
2. Supplies expense $4,300
($7,250 - $2,950)
Supplies $4300
(To record adjusted supplies)
3. Depreciation expense $460
(($44,160/8)/12)
Accumulated depreciation $460
(To record depreciation)
Answer:
a. QUARTERBACK'S CONTRACT
Year Cashflow [email protected]% PV
$'m $'m
1-5 (3.60) 3.7908 (13.65)
PV (13.65)
b. LESS FAMOUS RECEIVER
Year Cashflow [email protected]% PV
$'m $'m
0 (4.00) 1.00 (4.00)
1-5 (2.60) 3.7908 (9.86)
PV (13.86)
The less famous receiver is better paid because he received the highest present value.
Explanation:
In this case, there is need to calculate the present value of each contract by multiplying the annual cash outlay by the discount factor. The discount factor is obtained from the present value of annuity factor table of 10% for 5 years.
<h3>In this case, it would be most wise for WFS to go for external trainers through subcontracting </h3>
Explanation:
Subcontracting is the process of transferring or outsourcing to another entity known as a subcontractor a portion of the responsibilities and duties under a contract. The person or business subcontracting reports to the primary contractor, who is responsible for overseeing the contract work from inception until completion.
Subcontracting refers to the process of bringing specific parts of a contract or project into an outsourced business or entity. In most cases, an organization subcontracts business to perform a task that cannot be handled internally.
Answer:
it depends on the ability to estimate the amount of payment
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