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Black_prince [1.1K]
3 years ago
6

Eagle Company reported Salaries and Wages Payable of $810 at the beginning of the year and $2,620 at the end of the year. The in

come statement for the year reported Salaries and Wages Expense of $57,400. How much cash was paid for salaries and wages during the year?
Business
1 answer:
nikitadnepr [17]3 years ago
7 0

Answer:50,000

Explanation:

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Net present value is the present value of after tax cash flows from an investment less the amount invested.

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Cash flow in year 2 = $9,500

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To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

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Explanation:

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