Bade bhai sahab umar bhar ek hi darje mein pade rehne ka dar kyu dhikata tha .
Answer:
The sales price of the appraised property is $26,400
Explanation:
The sales price of of the appraised property can be expressed as;
SA=(A/C)×SC
where;
SA=selling price of the appraised property
A=appraised rent per month
C=comparable rent per month
SC=selling price of the comparable property
In our case;
SA=unknown
A=$165 per month
C=$150 per month
SC=$24,000
replacing;
SA=(165/150)×24,000=$26,400
The sales price of the appraised property is $26,400
Agriculture describes the practice of growing crops and raising animals.
Answer:
Betty Incorporated
Journal Entries:
June 3:
DR Inventory $7,100
CR Accounts Payable (North Inc.) $7,100
To record the purchase of goods on account with terms 2/10, n/30.
June 5:
DR Accounts Payable (North Inc.) $2,600
CR Inventory $2,600
To record the return of goods on account.
June 6:
DR Inventory $2,500
CR Accounts Payable (South Corp.) $2,500
To record the purchase of goods on account with terms 2/10, n/30.
June 11:
DR Accounts Payable (North Inc.) $4,500
CR Cash Account $4,410
CR Cash Discount $90
To record the payment of balance owed to North Inc.
June 22:
DR Accounts Payable (South Corp.) $2,500
CR Cash Account $2,500
To record the payment of balance owed to South Corp.
Explanation:
The trade terms 2/10, n/30 mean that both North Inc. and South Corp. offered 2% cash discounts on amount paid by Betty Incorporated if it could settle its bills within 10 days. The net allowed credit days are 30 days, after which Betty Incorporated could be charged interest for late payment. It did not utilize the discount offered by South Corp. as it paid its bills after 16 days instead of within 10 days as stated in the trade terms.
Answer:
Present value = FV / (1 + r)^t
1. PV = $19,415 / (1 + 0.07)^15
PV = $19,415 / (1.07)^15
PV = $19,415 / 2.759031
PV = $7,036.89
2. PV = $47,382 / (1 + 0.11)^8
PV = $47,382 / (1.11)^8
PV = $47,382 / 2.3045378
PV = $20,560.31
3. PV = $312,176 / (1 + 0.10)^13
PV = $312,176 / (1.10)^13
PV = $312,176 / 3.4522712
PV = $90,426.27
4. PV = $629,381 / (1 + 0.13)^25
PV = $629,381 / (1.13)^25
PV = $629,381 / 21.230542
PV = $29,645.07
