Answer:
$60,936
Explanation:
Provided information,
$12,000 will be received at each year end from third year to 12th year end.
The discount rate provided = 10%
Therefore PVAF of 10% for third year end to 12th year end will be for $1
![= \frac{1}{(1 + 0.10)^3} + \frac{1}{(1 + 0.10)^4} + \frac{1}{(1 + 0.10)^5} + \frac{1}{(1 + 0.10)^6} + ............. \frac{1}{(1 + 0.10)^1^2} = 5.078](https://tex.z-dn.net/?f=%3D%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E3%7D%20%2B%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E4%7D%20%2B%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E5%7D%20%2B%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E6%7D%20%2B%20.............%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E1%5E2%7D%20%3D%205.078)
Here 0.10 = 10% discount rate
Value for $12,000 = $12,000
5.078
Present Value of $12,000 will be
= $60,936
Answer:
The use of the allowance method of accounting for bad debts.
Explanation:
We use the allowance method to match the expected ad debt with the sales or account receivables which generates.
As sales of a givne month can be declared uncollectible after several month using a direct method we are putting the burden of the uncollectible in another accounting period while leaving the one which did that sale untouched.
The allowance makesthe expense in the same time period thus, it follows the recognition principle.
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<em>is</em><em> </em><em>answer</em><em>.</em><em>.</em>
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Answer:
balance the rights of both parties
Explanation:
Based on the information provided within the question it can be said that in a situation like the one being described a court will generally balance the rights of both parties. This is done in order to make sure that both parties are being treated fairly and investigate both sides of the case before making a decision in regards to who is in the right and who is in the wrong.
<span>Jean Piaget was a Swiss philosopher and psychologist who introduced a theory of cognitive development like Sigmund Freud Jean thought human development can be described in stages (of course leaving the sexuality part of Freud out). The stages are:
</span>Sensorimotor. Birth through ages 18-24 months (Explorer)
Preoperational. Toddler-hood (18-24 months) through early youth (age 7)
(<span> children learn to think abstractly, understand symbolic concepts, and use language etc.)
</span>
Concrete operational. Ages 7 to 12 (Understanding complexities)
Formal operations: Pre-adulthood through adulthood (H<span>ypothetical, and theoretical reasoning)</span>