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3 years ago

7

What is the present value of the following series of payments: $300 made at the end of every year starting in year 1 and ending

in year 30 EXCEPT there will be no payment of any kind at the end of year 10? Interest is 7% annual rate compounded annually..

1 answer:

grandymaker [24]3 years ago

8 0

Answer:u are a wierdo mister

Explanation:u dont need brainly

JK

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Jones Corporation purchased merchandise inventory with a 10%, 120-day note payable for $10,000. The company uses the perpetual i

MrMuchimi

Answer:

Debit Credit

Note payable $10,333.33

*(10,000+10,000*10%*120/360)

Cash $10,333.33

Explanation:

The following journal entry shall be recorded in the accounts of the Jones Corporation on the payment of note payable on due date:

Debit Credit

Note payable $10,333.33

*(10,000+10,000*10%*120/360)

Cash $10,333.33

* The interest rate of 10% is for 360 days but since the payment is made after 120 days, therefore it has been accordingly apportioned for 120 days.

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2 years ago

True or False When evaluating the choice you made you should never second guess your decision? Pls help

kondaur [170]

Answer:

False. When you want to make a decision, you have to think about the consequences. Good or bad? Will it affect someone mentally? Will it help you in the future? It's about the consequences.

Explanation:

5 0

2 years ago

An equipment cost $80,000 initially. The market value has been declining at the rate of $15,000 yearly. The O & M costs in y

Oksi-84 [34.3K]

Answer:

D.5 years

Explanation:

Annual Depreciation = Cost/Useful life

$15,000=$80,000/Useful life

Useful Life=$80,000/$15,000

Useful Life=5.33

8 0

3 years ago

On the one hand, a gerund is a verb that acts as a noun, know for the -ing form. On the other hand, an infinitive is the basic f

slavikrds [6]

Answer:

To give is one of the best thing which people do. Volunteering the time show that they are caring people.

Explanation:

The ing form is considered as forth form of verb which acts as noun. The first form of verb is used for present tense normally with to. The first form of verb is basic form of verb used for describing an action. It is infinitive form of verb used before the word to.

6 0

3 years ago

The budget components for Park Company for the quarter ended June 30 appear below. Park sells trash cans for $12 each. Budgeted

Dmitry [639]

Answer:

$96,000

Explanation:

Production 26,000 units

<u>Materials Purchase Budget</u>

Production Materials Required (5×26,000 units) 130,000

Add Budgeted Closing Materials (50,000×20%×5) 50,000

Total Materials 180,000

Less Budgeted Opening Inventory (4,000×5) (20,000)

Budgeted Materials 160,000

Material Cost per pound $0.60

Total Material Cost $96,000

Therefore, the materials purchases budget will be for the month ending April 30 will be $96,000.

7 0

3 years ago