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3 years ago

A dollar available today is always worth more than a dollar not available until a future period.

Business

1 answer:

Lostsunrise [7]3 years ago

8 0

Answer:

The statement is: True.

Explanation:

The Time Value of Money is a concept that states a dollar today is always worth more than a dollar tomorrow. The theory relies on the earning capacity of money. The approach is the reason why entrepreneurs prefer to capitalize on their investments the soonest so the more money available now will represent for them more money accrued in the future.

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An ethical decision-making process should be followed to ensure sound moral judgments are made (Harman, 2017). In the profession

emmasim [6.3K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

Download xlsx

7 0

4 years ago

During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw

user100 [1]

Answer:

Debit to work in process for $79,000

Explanation:

The journal entry is shown below:

Work in process Dr $79,000

To Direct material $79,000

(Being requistion from the storeroom is recorded)

Here work in process is debited as it increased the assets and credited the direct material as it decreased the assets

Working note

Total material requisitions. = $ 83,000

Less : Indirect material. =. ($ 4000)

Direct material $79,000

3 0

3 years ago

huck Ponzi has talked an elderly woman into loaning him $30 comma 000 for a new business venture. She has, however, successful

user100 [1]

Answer:

The woman will receive $ 4,171.96 per year.

Explanation:

We need to determinate the PTM of a 15 years' ordinary annuity which present value is 30,000 discounted at 11%

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $30,000.00

time 15

rate 0.11

$30000 \div \frac{1-(1+0.11)^{-15} }{0.11} = C\\$

C $ 4,171.957

3 0

4 years ago

The following information pertains to the Flying Fig Corporation: Total Units for information given 5,000 Fixed Cost per Unit $

valentina_108 [34]

Answer:

Break-even point (dollars)= $1,000,000

Explanation:

Giving the following information:

Total Units for information given 5,000

Fixed Cost per Unit $100

Selling Price per Unit $500

Variable Costs per Unit $125

Target Operating Income $250,000

Break-even point (dollars)= (fixed costs+ profit)/ contribution margin ratio

Fixed costs= 5,000*100= 500,000

Break-even point (dollars)= (500,000 + 250,000)/ [(500 - 135)/500]= $1,000,000

6 0

3 years ago

In 3 or 4 sentences, explain how increasing the money supply can result in economic growth.

3241004551 [841]

The value of the American dollar would go down drastically. By doing that it would increase the prices of basically anything and everything. It will place our country in an immense debt and could potentially have our country fail.

8 0

4 years ago