Answer:
Food, Drug, and Cosmetic Act is the correct answer.
Explanation:
<span>Car when parent bought it= 5000$
level when parent bought it =50
Car when I bought it= x$
level when I bought it =200
x=(5000*200) divided by 50
x=5000*4
=20000
Answer for parents car value today = 20000$</span>
This type of loan is called an unsubsidized loan. Hope I helped!
Answer:
Year Cashflow [email protected]% PV
$ $
0 (40,000) 1 (40,000)
1 12,000 0.9259 11,111
2 12,000 0.8573 10,288
3 12,000 0.7938 9,526
4 16,000 0.7350 <u>11,760</u>
NPV <u> 2,685</u>
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Explanation:
Net present value is the difference between present value of cash inflows and initial outlay. The present value of cash inflows were obtained by multiplying the cash inflows by discount factors. The discount factors were calculated using the formula (1 + r)-n, where n represents number of years and r denotes discount rate.
The three most frequent misconceptions are that net income equals cash, net income excludes estimates, and net income reports all changes in value that occurred during the accounting period.
One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. The balance sheet and the cash flow statement are the other two important statements. The income statement, which is often referred to as the profit and loss (P&L) statement or the statement of revenue and expense, primarily focuses on the company's revenue and expenses over a specific time period. Understanding how to study an income statement is the greatest approach to evaluate a business and choose whether or not to invest.
To learn more about income statement here
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