Answer:
The Future value at year time is $4,260
Explanation:
The future value at the end of the year one can be found by using the compounding formula which is as under:
Future Value = Present Value * (1 +r)^n
Future Value = $4,000 * (1.065)^ 1 = $4,260
Borrowed money obtained through loans of various types is
called debt capital. capital is a loan made to a company that is normally
repaid at some future date. Debt capital is the loan that a business raises by
taking out a loan.
Answer:
The cost of goods available for sale is $345,000
Explanation:
Beginning finished goods inventory $25,000
Cost of Goods manufactured $320,000
Cost of Goods available for sale,
= Beginning finished goods inventory + Cost of Goods manufactured
= $25,000 + $320,000
= $345,000
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