1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
djverab [1.8K]
3 years ago
7

Lester's rented some equipment at a cost of $800 for Years 1 through 3 and $900 for Years 4 and 5. Which of these correctly depi

cts a portion of the present value of multiple annuities time line?
a. Year 1 has two cash flows in the amounts of $900 and $100.
b. Year 4 has two cash flows in the amounts of $800 and $100.
c. Year 1 has one cash flow in the amount of $800.
d. Year 3 has one cash flow in the amount of -$800.
Business
1 answer:
Irina18 [472]3 years ago
6 0

Answer:

d. Year 3 has one cash flow in the amount of -$800.

Explanation:

Timeline arranges an event in chronological order.

When there's a cash outflow- money is being paid for something - it is represented by a negative number.

When there's a cash inflow - money is being received- it is represented by a positive number.

Lester's rented an equipment. This means he would be paying someone for the equipment. So the cash flow should be represented with a negative number

I hope my answer helps you

You might be interested in
You oversee the $250 petty cash for your company. When an employee needs a special item that is not in inventory, you take money
sergey [27]

Answer:

Since this is the first time you have ever done this, is this a problem?

Of course this is a problem, you stole money. Stealing money is not right and it is a problem. If someone finds out, you will lose your job. legally, you could also be prosecuted, but the amount is very little. Another problem is that if you are able to go unpunished and no one finds out, this behavior will continue until you cannot hide it anymore. By then , the amount might be larger, not just a few dollars, and you will be in deep trouble.

If so, what steps should be taken to fix this problem? If not, why not?

Pay back the money you took. Simple as that. Sometimes, doing the correct thing is not difficult. Do not spend money on unnecessary things and pay the $30. Do it before this becomes a bad habit and you get into serious trouble that seriously damage your career. No company will hire someone fired for stealing money form their previous employer.

8 0
3 years ago
After the civil war, what became the major form of business organization because of its ability to raise money through the sale
Illusion [34]
After the civil war, CORPORATION became the major form of business organization because of its ability to raise money through the sale of shares of stock. A corporation is a type of business that is owned by stockholders who share its profits but are not personally responsible for its debts.
7 0
3 years ago
Airline Accessories has the following current assets: cash, $93 million; receivables, $85 million; inventory, $173 million; and
prohojiy [21]

Answer:

See below

Explanation:

1. The current ratio is the sum of current assets divided by current liabilities. It used to measure the ability of the airlines accessories to meet its short term obligation due within a year

Current ratio = $93 million + $85 million + $9 million / $80 million + $26 million

Current ratio = $187 million / $106 million

Current ratio = 1.76:1

Current ratio = 1.76 times

2. Acid test ratio. This measure liquidity but with adjustment for risky current assets i.e Inventory

Acid test ratio = Current assets - Inventories / Current liabilities

Acid test ratio = ($187 million - $173 million) / $106 million

Acid test ratio = $14 million / $106 million

Acid test ratio = 0.13:1

Acid test ratio = 0.13 times

6 0
3 years ago
4) Double-declining-balance depreciation: A) is an accelerated depreciation method. B) ignores the residual value in computing d
Oxana [17]

Answer:

Option D is correct.

Explanation:

Every single offered proclamation are right is the response in light of the fact that under the Double-declining-balance depreciation since it has more devaluation costs when contrasted with different strategies for depreciation.It isn't taking the leftover worth while figuring the deterioration it considers at end year depreciation is determined by taking the distinction of a year ago equalization and rescue value.Under this strategy deterioration is determined on balance measure of depreciation or book value of assets.

4 0
3 years ago
Which one of these is covered by a specific type of insurance policy?
irina1246 [14]

Answer:

A.Off grid homes

Explanation:

Specific type of insurance policy covers the most common perils except those specifically excluded perils such as earthquake, flood, nuclear disaster, landslide.

OFF GRID HOMES refer to homes which are self-sufficient without reliance on  modern technology and public utilities. That means that this homes do not have access to electricity, gas, water, etc.

Therefore, these homes can be insured by a specific type of insurance policy.

4 0
2 years ago
Other questions:
  • Which of the following accurately describes a shortage?
    14·1 answer
  • Larry can vote in person at the company’s annual meeting, through the mail, or by transferring the right to vote to another pers
    7·2 answers
  • An advertisement reads, "jena chairs are marked down by 20 percent to $110. the first six people to purchase a jena chair on may
    11·1 answer
  • A perfectly competitive industry exists under which of the following conditions? I. The product sold is similar across firms. II
    7·1 answer
  • At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to m
    7·1 answer
  • Price Company provides cleaning services to customers for $10,000 cash. What are the effects of this transaction on the accounti
    11·1 answer
  • A budget is used to do which of the following
    13·1 answer
  • USAco exports videos containing Brewer baseball highlights from the Lopes-Royster era (each video lasts only 30 seconds) on whic
    10·1 answer
  • The price of a Honda Accord
    9·1 answer
  • At what credit score range do you think it’s unlikely that banks would offer you a loan or credit card?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!