Answer:
Explanation:
Dr Cash $6100000
Dr Discount on notes Payable $1933620
Cr Notes Payable $6100000
Cr Unearned Revenue $1933620
Discount on Notes Payable :
n=4
FV =6100000
I = 10%
PV= $6100000 - ($6100000 * PVIF)
= $6100000 - ($6100000 * 0.68301) = $4166382
Incoterms provide clarity on the responsibility for which activity associated with an international shipment--<u>- Incoterms cover all of these activities.</u>
<h3>What's meant by incoterm?</h3>
Incoterms, extensively- used terms of trade, are a set of 11 internationally honored rules which define the liabilities of merchandisers and buyers. Incoterms specify who's responsible for paying for and managing the payload, insurance, attestation, customs concurrence, and other logistical conditioning.
<h3>What's Incoterms rule?</h3>
The Incoterms rules are a encyclopedically- recognised set of norms, used worldwide in transnational and domestic contracts for the delivery of goods. The rules have been developed and maintained by experts and interpreters brought together by ICC. They've come the standard in transnational business rules setting.
Learn more about Incoterms :
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Under US GAAP, the cash flows that should be included in the Investing Section of the Statement of Cash Flows are purchases of physical assets, investments in securities, or the sale of securities or assets.
This implies that US GAAP does not allow interest paid or received and dividends received to be classified under the Investing Section, unlike IFRS that gives entities the flexibility to classify the above items as either investing or financing activities.
Instead, the US GAAP requires that the above items are classified as operating cash flows.
Thus, the only cash flows that are included in the Investing Section of the statement of cash flows under US GAAP are cash flows (inflows and outflows) related to long-term physical assets and investments.
Learn more about the Investing Section of the statement of cash flows under US GAAP here: brainly.com/question/18568838
Answer: 18.92%
Explanation:
The formula to find the compound amount :-
, where P is the Principal amount, r is the rate of interest and t is the time period.
Given : P= $1500
A = $6000
Time = 8 years
Then 
i.e. 
i
Taking natural log on both sides , we get
