Answer:
Decrease in the interest rate
Explanation:
Present value is the sum of discounted cash flows
let me use an example to illustrate
the present value of $100 in year 0 discounted at 6% = $100
the present value of $100 one year from now discounted at 6% = $94.33
the present value of $100 two years from now discounted at 6% = $89
We can see that present value decreases with an increase in time
2. the present value of $100 one year from now discounted at 6% = $94.33
the present value of $90 one year from now discounted at 6% = $84.91
We can see that present value decreases with a decrease in the future value.
3. the present value of $100 one year from now discounted at 6% = $94.33
the present value of $100 one year from now discounted at 5% = $95.24
We can see that the lower the discount rate, the higher the present value
Answer:
the difference in value between a country's imports and exports.
is an accounting of a country's international transactions for a particular time period.
<span>He is a quality control associate. This employee looks for the best ways to perform a task and makes sure that the company adheres to these quality control measures. The associate also makes sure that the output of the job meets up with company and regulatory standards.</span>
Answer:
$22,020
Explanation:
Given, (Before Adjustment)
Unearned Service Revenue $6,600
Service revenue $17,190
The adjusting entry to record the expired unearned revenue is
Debit Unearned Service Revenue $4,830
Credit Service revenue $4,830
Therefore, the amount of Service Revenue Earned to be reported in the March income statement is as follows:
Service revenue before adjustments = $17,190
<u>Unearned Service Revenue earned in March = $4,830 </u>
Service revenue after adjustment = $22,020
