Answer:
Cash $3,848
Service Charge Expense ($4,000 ×3.8%) $152
To Sales Revenue $4,000
(Being the record of the sale of merchandise is recorded)
Explanation:
The journal entry is shown below:
Cash $3,848
Service Charge Expense ($4,000 ×3.8%) $152
To Sales Revenue $4,000
(Being the record of the sale of merchandise is recorded)
Since sale is made so we debited the cash it increased the assets plus there is service charge expense so the same is also debited as it increased the expenses and at the same time the merchandise is sold so it would be credited as it increased the revenue
Answer:
NPV= $31,808.91
Explanation:
Giving the following information:
Io= -$150,000.
The operating costs:
Year 1= $5,000
Year 2= $6,000
Year 3= $7,000
The benefits:
Year 1= $80,000
Year 2= $90,000
Year 3= $70,000
To calculate the Net Present Value (NPV) we need to use the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
Io= -150,000
Cf1= 80,000 - 5,000= 75,000/1.04= $72,115.39
Cf2= 90,000 - 6,000= 84,000/1.04^2=$77,662.72
Cf3= 70,000 - 7,000= 63,000/1.04^3= $56,006.77
NPV= $31,808.91
Answer:
4. The demand for gasoline-powered automobiles would increase and the equilibrium price of gasoline-powered automobiles would increase.
Explanation:
Substitute goods are goods that can be used in place of each other.
If the price of electric automobiles rises, the automobile becomes more expensive for consumers. Consumers would reduce the quantity demanded of the electric automobile and shift its demand to gas powered automobiles.
As a result, the demand for gas automobiles increases and the equilibrium price would increase too.
I hope my answer helps you
Answer:
B. who can immediately take over the family business
Explanation:
<em>Option A</em> is wrong because opportunity cost is not related to intelligence.
<em>Option C</em> is not correct because a high school graduate and a college attending student can access to student loans.
The family's wealth can not be a factor in terms of opportunity cost of attending college or a high school graduate. Therefore, <em>option D</em> is incorrect.
Option B is correct as a college attending student cannot take over the family business. So, it is his opportunity cost. On the other hand, a high school graduate can take over the business.
B. To raise money to a grow a company.
Stock is equity in a company that is used to help fund the expenses of a company, particularly when they are looking to grow beyond their current revenue sources. It is most useful when a company anticipates growing its revenues or decreasing its expenses through using this new capital in order to deliver a positive return for its equity investors who hold the stock certificates.
