Answer: $3,593.75
Explanation: Multiply the principal balance by the interest rate: $750,000 x . 0575 = $43,125;. Then find the monthly rate by dividing $43,125 by 12 to get $3,593.75.
Answer:
Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management,
The correct question is:
The discounted payback period of a project will decrease whenever the:
a. discount rate applied to the project is increased.
b. initial cash outlay of the project is increased.
c. number of cash inflows is increased.
d. amount of each cash inflow is increased.
e. costs of the fixed assets utilized in the project increase
Answer:
d. amount of each cash inflow is increased.
Explanation:
Discounted cash flow of a project is an analysis that considers the time value of money, future cash inflows re calculated as a discount of present value.
Discounted payback period is how long it will take for future cash flows to meet a certain amount.
For example if $100 is estimated to be $200 in 10 months at future inflows of $10 per month (that is $10*10 months= $100 profit)
If the inflow is now increased to $20 it will reduce repayment time from 10 months to 5 months (that is $20* 5months = $100 profit)
Answer:
Explanation:
Debit $ Credit$
a. Cash 3000000
Sales revennue (500*6000) 3000000
Warranty expenses 55000
Estimated warranty liability 55000
Estimated warranty liability 20000
Cash account 20000
b. Cash account 3000000
Sales revenue (500*6000- 56000) 2944000
Unearned warranty revenue 56000
Warranty expenses 20000
Cash account 20000
Unearned warranty revenue 20364
Warranty revenue (56000*20000/55000) 20364
