Answer: See explanation
Explanation:
September 1:
Debit Common stock $6000
Credit: Cash $60000
September 1:
Debit: Rent $1500
Credit: Cash $1500
September 3:
Debit: Cash $10000
Credit: Note payable $10000
September 3:
Debit: Cleaning Equipment $5,500
Credit: Cash $3,000
Credit: Account payable $2,500
September 4:
Debit: Supplies $4200
Credit: Cash $4200
September 10:
Debit: Cash $3500
Credit: Service revenue $3500
September 21:
Debit: Account receivable $3800
Credit: Service revenue $3800
September 23:
Debit: Account payable $2500
Credit: Cash $2500
September 28:
Debit: Bank $2800
Credit: Account receivable $2800
September 29:
Debit: Electricity expense $85
Credit: Electricity payable $85
September 30:
Debit: Wages $1950
Credit: Cash $1950
September 30:
Debit: Gasoline $275
Credit: Cash $275
September 30:
Debit Dividend $900
Credit Cash $900
Answer:
B) $(1,813)
Explanation:
Initial investment = 17,550
Annual cashflows = 2,650
Terminal Cashflow = 500
You can solve for NPV using financial calculator with the following inputs;
CF0= -17,550
C01 = 2,650
F01 (Frequency) = 19
C02 = 2,650 + 500 = 3,150
I=16%
Net present value; NPV = -1,812.879 or -1,813 rounded off to the nearest whole number.
Answer:
calculate the NAV based on the total value of assets held divided by the number of fund shares outstanding and may experience fluctuations in the number of shares outstanding on a daily basis
Explanation:
In the Open-end mutual funds it does not limit the no of shares what they are offering, purchase and sold on demand. In the case when the investor buy the shares in the opne-end fund so in this the fund is issued and at the time when the shares are sold by someone so they would be bought back from the fund
It should be determined the NAV depend upon the total amount of assets divided by the number of fund oustanding shares and might be experience fluctations
Answer:
Net present value
Explanation:
Below is the given values:
Net present value is the correct answer.
Initial cost of the project = $31800
Market value of the project = $29600
The difference between these two are = 31800 - 29600 = $2200
Net present value shows that the present value of cash inflows minus cash outflows. Moreover, the present value comes by discounting the cash flows at an applicable discount rate.
Answer and Explanation:
Dynamic expenses are pointed to as operating expenses that are the production cost and important to run a business.
common example of the variable cost that depends on sales volume.
- The cost of goods sold, that is the equivalent of goods sold to consumers.
- Commissions charged from their selling to salespersons.
- Fees charged by a company when a customer requires a credit or debit card.
so, we say that when a business increase or decrease their sale volume, their variable cost also gets affected.
