Answer:
present value = $57.14.28
present value = $2857.13
Explanation:
given data
perpetuity value = $400
interest rate = 7% = 0.07
interest rate = 14% = 0.14
to find out
What is the present value
solution
we get her present value that is express as
present value = ............1
put here value for rate 7% and 14%
present value =
present value = $57.14.28
and
present value =
present value = $2857.13
An intangible concept that applies to all decisions being made within a business. Ethics is the moral standing of an individual to choose the right option even when a harmful profitable alternative exists.
Answer:
Income Statement for Swing Hard Incorporated for the month ended February 28.
Sales $20,935
Less Expenses
Wages ($2,600)
Electricity ($1,420)
Net Income / (Loss) $16,915
Net profit margin = 80.8%
Explanation:
<em>Income Statement for Swing Hard Incorporated for the month ended February 28.</em>
Sales ($20,600 + $155 + $180) $20,935
Less Expenses
Wages ($2,600)
Electricity ($1,420)
Net Income / (Loss) $16,915
<em>Company's net profit margin</em>
Net profit margin = net profit / sales × 100
= $16,915 / $20,935 × 100
= 80.8%
Note
The Income Statement is always prepared on <em>accrual basis of accounting</em> meaning Revenues and Expenses must the recorded when they occur or incur not as when they are paid.
Answer:
$69000
Explanation:
The Gross profit that is reported by Alistair at the end of the year, will be calculated as follow;
Formula is as follow;
Total revenues – (Cost of goods sold – unadjusted credit balance manufacturing overheads account)
Followings values are given in the question;
Total revenues ($158000 + $214000) = $372000
Cost of goods sold ($144000 + $184000) = $328000
Unadjusted credit balance manufacturing overheads account = $25000
Now let’s put the values in the formula;
$372000 – ($328000 – $25000)
$372000 – $303000 = $69000
<span>Institutions that support economic growth are the ones that provide incentives for entrepreneurs to take risks and innovate. Innovation is the key factor for the economic growth. in keeping the market demand and economic growth innovation plays a major role. innovation can be done by introducing new ideas and new working methods.</span>