Answer:
beginning inmediately: $ 140,095.127
after a year: $ 152,703.688
with a salvage value: $ 148,227.912
Explanation:
We need to find the PMT of 980,000 dollars being ordinary annuity or annuity-due discounted at 9%
Annuity-due:
PV $980,000.00
time 10
rate 0.09
C $ 140,095.127
Annuity:
PV $980,000.00
time 10
rate 0.09
C $ 152,703.688
If there is a salvage value, we discounted from the lease value:
980,000 - present value of salvage value:
Maturity $68,000.0000
time 10.00
rate 0.09
PV 28,723.93
980,000 - 28,724 = 951,276
<u>Now we calculate the PMT:</u>
PV $951,276.00
time 10
rate 0.09
C $ 148,227.912
To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for;
- Rent expense is debited, prepaid rent is credited
<h3>Prepaid rent account</h3>
A prepaid rent account simply a current asset account that's responsible for reporting the amount of future rent expense that was paid in advance of the rental period.
On this note, the amount reported on the balance sheet is the amount that has not yet been used or expired as of the balance sheet date.
Read more on prepaid rent account;
brainly.com/question/1202504
Answer:
An economic system is defined by the way scarce resources are distributed in an economy.
There are 4 types of major economic systems which are following;
- A mixed economy is an economic system, like its name is a mix of elements of planned economies, free markets with intervention of the state and public enterprises.
- A command economy is a system where the government is key decision maker of what goods and services will be produced and introduced by the economy.
- A market economy is the one in which the investment, production and distribution are dictated by the forces of demand and supply.
- A traditional economic system is a result of customs, history and cultural norms which include the rules and manner of their distribution as well.
Answer:
The correct answer is letter "B": controlling.
Explanation:
In strategic planning, controlling is the step in which the project is being carried out but monitoring is needed to track the progress of work. Controlling will allow the company to find out if it is ahead or behind the scheduled plan and if there are corrections to be made or simple adjustments.
The plans that must be involved are the strategic planning, the mid level, the low level, the operational planning, the top level planning.
Explanation:
In the strategic planning the company's stakeholders will ask them were they want their company to be in five years
The middle level staff will decide to focus in recruiting the new clients and to increase the productivity and they will find the way to give back to the company
Being a low level employee it is necessary that one must interact with the customers and contribute to the company's performance
In the operational planning it will be difficult to manage the customers meet their day to day needs and satisfy them
A meeting will be held with the top level staff and hence they will be coming up with the new tools of the operational planning