Answer:
$2,100,000
Explanation:
Given:
Profit generated = $100,000
Profit growth rate = 5% per year
Discount rate = 10% per year
Now,
The present value of the future profit can be calculated using the formula as:
Present value = 
or
Present value = 
or
Present value = $2,100,000
The present value of all the shop's future profits will be $2,100,000
Answer:
to explain any difference between the depositor’s balance per books with the balance per bank
Explanation:
The goal of this process is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:
1. The process flow starts with the bank’s ending cash balance
2. Add any deposits made by the company to the bank that are in transit
3. Deduct any cheques that are uncleared by he bank
4. Add or deduct any other items available as necessary
5. In the company bank records, once again start with the ending balance
6. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.
7. Add interests earned
At the end of this process, it is likely that both accounts would be equal and tally.
Answer:
Job shadowing
Explanation:
Job shadowing is a kind of on - the job training for new employees that requires them to follow and observe trained employee and professionals in the organisation to help them gain more knowledge and exposure about their duties, the workplace and their general Job requirement. It is an effective means of training newly employed workers because it assists them in getting first hand knowledge and information about how the work is done.
Answer:
$26,730
Explanation:
The explanation for this question is given in the attachment below.
