Answer:
Well it depends on the person. Are you scared of seeing bugs or scared of even thinking or knowing about them. If you are a truly scared I would suggest not becoming an exterminator.
If its just a general fear of insects you can give the job a try, since most exterminators don't come in direct contact with insects you will rather be spraying or preventing the insects to come in the first place.
Interesting is there a question?
Answer:
Explanation: from the above question, the total of cash and cash equivalent to be recorded in the balance sheet includes all cash balances in the bank and cash balance in the petty cash account.
From the above question, the cash and cash equivalent balance as at April 30 is $1,000 plus all bank balances as at that date.
Answer:
The lease payment will be for $ 113,751.173 during 5 years beginning at the moment the lease is signed
Explanation:
First, we discount the payment at the end of the lease
Maturity $150,000
time 5 years
rate 0.06
PV 112,088.7259
Now we subtract form the 620,000 to know the amount to be perceived form the lease payment:
620,000 - 112,089 = 507.911
Now we solve the PMT which makes the annuity-due of 5 payment at the beginning of the period:
PV $507,911.0000
time 5
rate 0.06
[tex ]507,911 \div \frac{1-(1+0.06)^{-5} }{0.06}(+0.06) = C\\[/tex]
C $ 113,751.173
Answer:
An investment readily convertible to a known amount of cash
Explanation:
Cash equivalents are items usually recognized in the balance sheet along with cash (then names Cash and cash equivalent) that are readily or easily convertible to cash at an amount that is measurable.
Examples of cash equivalents include commercial papers, bank certificate of deposit, treasury bills usually with a tenor of 3 months or less etc.
Cash equivalents are assets and help improve the company's liquidity.