Answer: Option A
Explanation: In simple words, present value refers to the value of future cash flows in the present time in respect to monetary terms. It is calculated by discounting back the future cash flows with the current interest rate in the market.
Thus, if the interest rate declines in the market the value will be greater as the discounting factor will be smaller.
Hence the correct option is A .
Answer:
$6745
Explanation:
Given: Beginning inventory is 77 units at the cost of $19 per unit.
Purchased inventory is 476 units at $19 per unit.
Sales during the month is 355 units at $45 per unit.
Now, let´s find the cost of goods sold using LIFO method.
We know, LIFO method is Last in first out, which sell out inventory, which are most recently purchased. In a period of rising prices, LIFO inventory method tends to give the highest reported cost of goods sold.
As sales unit is 355 units.
Let´s take units from recent purchased inventory.
Cost of good sold= 
Hence, the cost of goods sold using the LIFO method is $6745.
Answer:
C. blogs
Explanation:
Personalized online journals where people and organizations can keep a running dialogue such as the one illustrated here are known as blogs
Answer:
Economic profit= $214,000
Explanation:
Giving the following information:
Business:
Units= 28,000 a month
Hours= 224 hours
Total cost= 150,000 a month
Selling price per unit= $15
Other work:
Income= $250 an hour
E<u>conomic profit includes the opportunity cost.</u>
Economic profit= 28,000*15 - 150,000 - 250*224
Economic profit= $214,000
Answer:
See below
Explanation:
Given the above information, Shelton should report the account receivable at a net amount as computed below;
= Accounts receivables - Allowance for doubtful account
Accounts receivables = $140,000
Allowance for doubtful account = $7,200
= $140,000 - $7,200
= $132,800
Therefore, account receivables at a net amount is $132,800
