Answer:
Total= $98,000
Explanation:
Giving the following information:
You plan on saving for a large home improvement project using the following cash flows: $50,000 today, $25,000 next year, and $10,000 the following year. The account earns a 10% return per year.
We need to use the following formula:
FV= PV*(1+i)^n
FV= 50,000*1.10^2= 60,500
FV= 25,000*1.1= 27,500
FV= 10,000
Total= $98,000
Compounding. If you compound your interest, then your interest rate will go up, and you get more interest.
Answer:
Legal approach of green management Utilimotors use
Explanation:
we use here Legal approach
because Legal approach is the type of green management approach and which is simply following that what is required by the law
and They try to comply with the current laws and regulations
but do not go anything further.
so here Utilimotor is using the legal approach by following the EPA regulation and ensuring to release emissions only within the permissible limit
so Legal approach of green management Utilimotor use
Answer:
$400,000
Explanation:
The compensation expense to be recognized in 2021 is portion of the options value for one year.
Total value of the options=200,000*$6=$1,200,000
Compensation expense per year=fair value of the options/vesting period
fair value of the options is $1,200,000
vesting period is 3 years
compensation expense per year=$1,200,000/ 3 years=$400,000
The $400,000 compensation expense is debited to compensation expense account and credited to paid in capital-stock options $400,000 for each of the vesting period until the paid in capital -stock options account balance becomes $1,200,000 at end of year 3
<span>Credit cannot be denied based on unrelated factors.</span>