Account ing 3-5A page 125 what the Answer please?

An agreement that may be rejected by one of the parties for a legally acceptable reason is

Katena32 [7]

The answer is a voidable contract

5 0

4 years ago

You just deposited $6,500 in a bank account that pays a 4.0% nominal interest rate, compounded quarterly. If you also add anothe

yarga [219]

Answer:

The correct answer is $20,543.17.

Explanation:

According to given scenario, the given data are as follows:

1st Payment (Pmt) = $6,500 for 12 Quarters

Interest rate = 4%

2nd payment = $5,000 for 8 Quarters

3rd payment = $7,500 for 4 Quarters

So, future value can be calculated as follows:

FV = 1st PV (1 + r )^n + 2nd PV (1 + r )^n + 3rd PV (1 + r )^n

FV = $6,500 × ( 1 + 4%/4)^12 + $5,000 × (1 + 4%/4)^8 + $7,500 × (1 + 4%/4)^4

= $6500 × (1.01)^12 + $5,000 × (1.01)^8 + $7,500 × (1.01)^4

= $7,324.36 + $5,414.28 + $7,804.53

= $20,543.17

Hence, the correct answer is $20,543.17.

5 0

3 years ago

What is the key value proposition of Google Search campaigns? a. Appear as a text ad, a video ad, or a banner ad on one of Googl

Sophie [7]

Answer:

The correct answer is Option D.

Explanation:

The key value proposition of Google Search campaign is to show your advertisements when a client is looking for your item or administration.

You should realize that what value proposition is-

The value proposition is an offer that explains to possibilities why they ought to work with you as opposed to your rivals, and makes the advantages of your items or administrations completely clear from the start.

All the other options are not relevant in this scenario.

5 0

3 years ago

Assertions about account balances at year-end typically include _______.A. existence, completeness, and allocationB. existence,

Ksenya-84 [330]

Answer:

The correct answer is letter "B": existence, completeness, and rights and obligations.

Explanation:

Assertions are management claims about certain matters regarding a company. Those claims are raised as a result of auditing the firm's financial statements. There are three (3) types of assertions which are:

Transaction-level assertions: accuracy, classification, completeness, cutoff, and occurrence.
Account balance assertions: completeness, existence, rights and obligations, and valuation.
Presentation and disclosure assertions: accuracy, completeness, occurrence, rights and obligations, and understandability.

7 0

4 years ago

Reese, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December, she received

Alenkasestr [34]

Answer:

a. $44,200

b. $44,684

Explanation:

To calculate after-tax costs we just need to deduct the tax saving amount from the pre-tax amount. The tax saving amount can be calculated bt multiplying the pre-tax amount into the tax rate

Requirement A (If she pays the $65,000 in December)

After-tax cost = Pre tax cost - PV of tax saving

After-tax cost = 65,000 - 20,800

After-tax cost = $44,200

working

Tax saving = $65,000 x 32%

Tax saving = $20,800

Requirement B (If she pays the $65,000 in January)

After tax cost = $65,000 - $20,315

After tax cost = $44,684

working

Tax saving = $65,000 x 35%

Tax saving = $22,750

Pv of tax saving = $22,750 x 0.893

Pv of tax saving = $20,316

7 0

3 years ago

Account ing 3-5A page 125what the Answer please?