The present value of the following set of cash flows discounted at 10 per year $104.18
<h3>What are the 3 kinds of cash flows?</h3>
There are three cash flow types that organizations should track and analyze to resolve the liquidity and solvency of the business: cash flow from operating movements, cash flow from investing activities, and cash flow from financing activities. All three are included on a company's cash flow statement.
<h3>What are cash flows illustrations?</h3>
Cash and cash matches include currency, petty cash, bank accounts, and other highly liquid, short-term assets. Examples of cash matches include saleable paper, Treasury bills, and short-term state bonds with adulthood of three months or less.
To learn more about cash flow, refer
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Answer:
profit margin is 16.0 %
gross profit rate is 39.6 %
Explanation:
given data
net sales = $248,700
cost of goods sold = $146,900
operating expenses = $58,000
net income = $39,900
beginning total assets = $473,900
ending total assets of $635,400
to find out
profit margin and gross profit rate
solution
we will apply here profit margin formula that is
profit margin =
..............1
put here value
profit margin =
profit margin = 16.04 = 16.0 %
and
gross profit rate formula is
gross profit rate =
..............2
put here value
gross profit rate = ![\frac{245700 - 146900}{248700} * 100](https://tex.z-dn.net/?f=%5Cfrac%7B245700%20-%20146900%7D%7B248700%7D%20%2A%20100)
gross profit rate is 39.72 = 39.6 %
Answer:
$1,950 more than expected
Explanation:
In this question ,we have to compare the revenues based on expected and the actual
So, the expected revenues would be
= Number of customers × per hour rate × expected time spent
= 30 customers × $26 × 8 hours
= $6,240
And, the actual revenues would be
= Number of increased customers × per hour rate × average time spent
= 42 customers × $26 × 7.5 hours
= $8,190
The revenue is increased by
= $8,190 - $6,240
= $1,950 more than expected
This is the answer but the same is not provided in the given options
The gross debt is the total amount of debt the gov. has issued . the difference is that the net debt does not include debt owned by the gov. to itself
Answer:
c) credit to Accounts Receivable - ZRT.
f) debit to Allowance for Doubtful Accounts.
Explanation:
As for the information provided,
We know in allowance method, provision is created as and when there are doubtful debts, for which entry is
Bad Debts Expense Account Dr.
To Allowance for doubtful debts.
And when the bad debts are actually written off then,
The entry will reduce the balance of accounts receivables and that of allowance as well.
Entry will be:
Allowance for Doubtful debts A/c Dr.
To Accounts Receivables.
Thus, correct options shall be:
Option c) and f)