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frez [133]
3 years ago
10

The present value of a lump sum future amount:

Business
1 answer:
QveST [7]3 years ago
4 0

Answer: <em>Increases as the interest rate decreases. </em>

Explanation:

From the given options, we can state that <em>"the present value also known as present discounted value of the lump sum future value will increase if the interest rate decrease"</em>, this is due to the fact that if in case the interest rate tends to decrease then the Present Value Factor would respectively become higher which in terms would signify that Present Value would become higher.

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A cash register tape reflected total sales equaling $100, but the cash in the cash register drawer equaled $105. Review the stat
Zolol [24]

Answer:

The answer is given below;

Explanation:

The $ 5 collected will be treated as miscellaneous revenue.The cash over and short account will be credited for $5.

As the cash receipts are $ 105 and sales revenue is $100.The difference amount will be treated as miscellaneous revenue.

The journal entry will be;

Cash   Dr.$105

Sales Revenue    Cr.$100

Miscellaneous revenue Cr.$5

7 0
3 years ago
Read 2 more answers
Bonds with a face value of $384000 and a quoted price of 98.5 have a selling price of?
lbvjy [14]

Answer: The selling price would be $378,240.

6 0
1 year ago
An investment project provides cash inflows of $570 per year for eight years. what is the project payback period if the initial
Aloiza [94]
Payback period is the time you have to wait for your funds to recover from its initial investment through cash inflows generated by your project. This is how economists appraise their project's viability. For even cash inflows, the equation is

Payback period = Initial investment/Cash inflows
Payback period = $1675/$570 per year
Payback period = 2.94 or approximately 3 years.
4 0
3 years ago
Current Attempt in Progress The ledger of Windsor, Inc. on March 31, 2017, includes the following selected accounts before adjus
Karo-lina-s [1.5K]

Answer:

31-Mar

Dr Insurance expense $ 330

Cr Prepaid Insurance $ 330

31-Mar

Dr Supplies expense $ 1,865

Cr Supplies $ 1,865

31-Mar

Dr Depreciation expense $ 170

Cr Accumulated Depreciation - Equipment $ 170

31-Mar

Dr Unearned Service Revenue $ 4,640

Dr Service Revenue $ 4,640

Explanation:

Preparation of the adjusting entries for the month of March

Windsor Inc.

Journal entries

31-Mar

Dr Insurance expense $ 330

Cr Prepaid Insurance $ 330

31-Mar

Dr Supplies expense $ 1,865

(2,820-955)

Cr Supplies $ 1,865

31-Mar

Dr Depreciation expense $ 170

Cr Accumulated Depreciation - Equipment $ 170

31-Mar

Dr Unearned Service Revenue $ 4,640 (11,600*2/5)

Dr Service Revenue $ 4,640

5 0
3 years ago
The organization that works with companies on recalls of unsafe products (such as lead-paint laden Thomas the Train toys) is
Elza [17]

The organization that works with companies on recalls of unsafe products is known as The Consumer Product Safety Commission (CPSC)

<h3>What is Consumer Protection?</h3>

This refers to the agency or body that is charged with the quality of goods and/or services that consumers buy and use.

Hence, we can see that the Consumer Product Safety Commission (CPSC) in America is the agency that is charged with helping with the safe recall of defective or unsafe products to protect the consumers.

Read more about consumer protection here:

brainly.com/question/15216453

5 0
2 years ago
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