Answer:
Total PV= $864.11
Explanation:
Giving the following information:
Cash flows:
Cf3= $300
Cf5= $500
Cf7= $300
Opportunity rate= 5%
<u>To calculate the total present value, we need to use the following formula on each cash flow:</u>
PV= FV/(1+i)^n
PV1= 300/(1.05^3)= 259.15
PV2= 500/(1.05^5)= 391.76
PV3= 300/(1.05^7)= 213.20
Total PV= $864.11
Answer: Arraignment
Explanation:
Arraignment is bringing an individual charged for criminal offense for a formal where his defendant is present. The purpose is to read the accused crime before him or her, so they know what they committed, it is usually the first reading after an offense has been committed, which is read before the judge too.
The type of business organization recommended in this case is the sole proprietorship, which is a business managed by a single person, with greater facilities to start up.
<h3 /><h3>Sole Proprietorship characteristics</h3>
It is owned and managed by only one person, with no legal distinction between the company and the owner, that is, it is an unincorporated company, whose owner is responsible for paying personal income taxes on the company's profits.
Therefore, the advantages of a sole proprietorship are the reduction of bureaucracy and interest rates, giving the owner greater possibility of creating and maintaining the business.
Find out more about Sole Proprietorship here:
brainly.com/question/4442710
This is an example of a(n) Organisational tangible resource
Explanation:
Tangible resources include currency, inventory, equipment, land or buildings. Tangible resources The products can be liquidated quickly and have a given worth. They are important for accounting, and as they reach balance sheets and income statements, they make a business know their financial status.
Each organisation needs capital and assets to run.
A few of these commodities, including ability and entrepreneurship, are intangible, while the other commodities are measurable. Tangible means capital which can be observed, influenced or sensed.
<u>Solution and Explanation:</u>
The following journal entries will be passed in the book sof fasteners Inc., Co., which is a supplier of buttons and zippers for clothing
Date Accounts Titles and Explanation Post Ref Debit Credit
1 Nov-21 Notes receivable $ 72,000
Accounts receivable-McKenna Outer Wear Co. $ 72,000
2 Dec-31 Interest receivable 
$720
Interest revenue $ 320
3 Jan-20 Cash $ 73080
Interest revenue 
$360
Interest receivable $720
Notes receivable $72,000
Note: the figures have been calculated and rounded off in the nearest dollar amount.
