Answer:
closest to: B) $7777
Explanation:
NPV ( net presetn value) cashflow - investment
<u>cost savings present value (ordinary annuity):</u>
C $8,500
time 5 years
rate 0.12
PV $30,640.5977
salvage value present value:
Salvage $2,000
time 5
rate 0.12
PV 1,134.85
NPV: 30,640.60 + 1,134.85 - 24,000 = 7,775.45
A Wholesaler is an intermediary who sells hope spring's bottled water to retailers such as coffee collective. A wholesaler is person or company that buys large quantities of goods from various producers or vendors, warehouses them and resells goods in smaller quantities at low prices, typically to retailers. Wholesalers who carry only non-competing goods or lines are called distributors.
This question is mostly based on your personal opinion and experience, so I don't think that I'll be able to help you with this question.
Answer: c. can be voided based upon fraud in the inducement .
Explanation:
Brad knew exactly what kind of stone it was that Andrew had and yet proceeded to lie about it in order to induce a sale at a much lower price than the actual worth of the jewel .
The contract is therefore voidable because the Brad committed fraud by lying and obtaining the diamond at $50 under false pretenses. Andrew should therefore drag him to the Courts of law to face justice.
Answer:
Requirement: <em>Prepare journal entries to: (a) Accrue the salaries payable on December 31, b) Close the Salaries Expense account on December 31 (the account has a year-end balance of $250,000 after adjustments), (c) Record the salary payment on January 7</em>
Date Accounts title and Explanation Debit Credit
31-Dec Salaries expense $1,880
Salaries Payable $1,880
(To record accrued salaries )
31-Dec Retained Earnings $250,000
Salaries Expense $250000
(To close salaries expense account)
07-Jan Salaries Payable $1,880
Salaries expense $2,920
Cash $4,800
(To record payment of salary)
