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arlik [135]
3 years ago
14

Your company will generate $67,000 in annual revenue each year for the next seven years from a new information database. if the

appropriate interest rate is 8.75 percent, what is the present value of the savings?
Business
1 answer:
zimovet [89]3 years ago
4 0

Answer:

Present Value= $340,055.22

Explanation:

Giving the following information:

Cash flow= 67,000

Number of years= 7

Interest rate= 8.75 percent

To calculate the present value, first, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= cash flow

FV= {67,000* [(1.0875^7)-1]} / 9.0875

FV= $611,722.28

Now, we can calculate the present value:

PV= FV/ (1+i)^n

PV= 611,722.28 / (1.0875^7)

PV= $340,055.22

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The word that completes the sentence is bureaucratic. bureaucratic control is one of the control systems that are defined as systems of rules that are devised and implemented that are applicable to global business and maybe unique to a specific business. it is an important tool for risk management as well. 
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The following transactions were selected from among those completed by Hailey Retailers in the current year:
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The appropriate journal entry for each of these transactions,

Date                         Journal entry                        Debit                    credit

Nov 20                Cash    a/c                                441

                           credit card discount                  9

                         To sales revenue                                                        450

Nov 25        Accounts receivable                      2800

                    To sales receivable                                                   2800

Nov 28        Accounts receivable                 7200

                    To sales receivable                                               7200

Nov 30        Sales return                            600

                To account for receivable                                           600

Dec 06      Cash                                         6468

                  sales discount                         132

                 To accounts receivable                                   6600

Dec 30      Cash                                          2800

                 To accounts receivable                                   2800

Net sales:450+2800+7200-600-132

              = 9718

Examples of transactions are as follows: Paying a provider for offerings rendered or goods introduced. Paying a vendor with cash and a note so one can obtain ownership of assets formerly owned by the seller. Paying an employee for hours worked.

A transaction is a finished settlement between a client and a seller to exchange items, offerings, or monetary property in going back for cash. The term is also commonly utilized in company accounting. In business bookkeeping, this simple definition can get complex.

A cash transaction is the immediate charge of coins for the acquisition of an asset. some market stock transactions are considered cash transactions although the exchange might not settle for some days. A futures agreement isn't always considered a cash transaction.                

Learn more about transactions here brainly.com/question/5007419

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Younger employees also are more likely to use the Internet and social media to accomplish their tasks. This is an example of the
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It is automatically assumed that young employees will use more technology as their generation is the when where the technology gained its pace. Thus, the assumption in the statement shows expectations and norms.

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