Answer:
The answer is: $0
Explanation:
Government entities have to record grant revenue during the period that they occur. The city received notice of this grant last year, so they recorded the grant revenue in last year's financial statements. If they recognize any grant revenue this year, it must come from a new grant.
Answer: $40,121.29
Explanation:
Using Excel, you are finding the payment which is denoted PMT
The rate is:
= 10%/ 2
= 5% per semi annual period
The Nper or number of periods is:
= 10 * 2
= 20 semi annual periods
Present value of PV is $500,000
Future value is 0 because that is the balance after the payments are done.
Formula will look like:
=PMT(5%,20,-500000,0,0)
Payment will be:
= $40,121.29
Answer:
A. companies are more adversarial than ever before
Answer:
I was a later line of followers, and the leader didn't really regard me. However, the moment was a great success.
Explanation:
Answer:
a medium of exchange
a unit of account
a store of value,
Explanation:
Functions of money
1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $20 for your favourite jeans
2. Unit of account : money can be used to value goods and services, For example, $20 is the value of your favourite jeans
3. Store of value : money can retain its value over the long term, this it can be used as a store of value