Answer:
The boat today is worth 100,440 dollars
Explanation:
We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:
We will apply the formula for lump sum to each
cash flow and then add them together
Year Nominal Present Value
1 20000 18, 518
2 40000 34,293
3 60000 47,630
TOTAL 100,441
Answer:
Option C. Public relations
Explanation:
A public relation strategy plays vital role in promoting organization's services and products to create brand awareness and place the product among the customer priorities. Furthermore, public relation strategy also helps the organization to promotes its product by increased communication with the customers and repositioning of product or service. So the Wild Plus is using public relation strategy increase its brand awareness through repositioning of its services and increased communication with its customer to opt to its product offerings.
Answer:
1)
Debit Cash/Bank 27,000 (4,500 shares x $6 per share)
Credit Common Stock 13,500 (4,500 shares x $3 per share)
Credit Paid-In Capital in Excess of Stated Value—Common 13,500 (4,500 shares x $3 per share)
2)
Debit Cash/Bank 135,000 (4,500 shares x $30 per share)
Credit preferred Stock 135,000 (4,500 shares x $30 per share)
Explanation:
any issuing price of stock above par value will be credited in "Paid-In Capital in Excess of Stated Value—Common"
Answer: 70,000 units
Explanation:
You can use the formula for the ending inventory to get this:
Ending inventory = Opening inventory + Production for the year - Projected sales
12,000 = 7,000 + 75,000 - Projected sales
12,000 + Projected sales = 82,000
Projected sales = 82,000 - 12,000
Projected sales = 70,000 units