Answer:
$2,668.67
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-28,000
Cash flow in year 1 = $12,000
Cash flow in year 2 = $13,000
Cash flow in year 3 = $12,000
I = 10%
NPV = $2,668.67
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I believe this would result to a debit to cash and a credit to common stock. This is because the transaction would result to an increase in cash (asset) and a decrease in stock (asset). A journal is a record used in accounting in which transactions are initially recorded in order of when they were undertaken.
Answer:
The correct answer is c) Include direct deposits and debit card transactions.
Explanation:
Electronic Fund Transfers (EFT) is an electronic transaction that moves money from one account to another. The accounts can be from the same institution of from different ones, and are processed through the Automated Clearing House (ACH). The ACH is a system that connects all the financial institutions in the United States.
EFTs are paper free and do not need human intermediaries to go through with a transaction. These can be done through direct deposits, wire transfers, debit cards, electronic checks, ATMs, personal computer banking and others.
1.5 units of good x can the consumer purchase if her income is $15 and she spends it entirely on purchasing good x.
A budget constraint in economics refers to all the combos of goods and services that a consumer can buy given current prices and his or her given income.
Consumer theory examines the parameters of consumer choices using the theories of a budget constraint and a preferential map.
In the two-good case, both theories have a ready graphical representation.
Consumers can only buy as much as their income allows, so they are limited by their budget.
The equation of budget constraint is:
*x + 
*y = m
where is the price of good X,
is the price of good Y,
x is units of good X,
y is units of goods Y,
and m is income.
m = 15
Px = 10
Py = 5
15 = 10x + 5y
Since she spends it entirely on purchasing good x
15 = 10x + 0
15 = 10x
x = 15/10
= 1.5
Hence, The consumer can purchase an amount of Good X = 1.5.
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