Answer:
Dr. Truck $80,869
CR. Note Payable $80,869
Explanation:
Note issued is a liability instrument. It is a promise of payment f principal amount and interest after a specific period of time. Zero interst interest bearing not does not offer any interest payment but it is issued at a discounted price . Present value of Note payable is the value that should be recognised as a cost of the truck.
Now calculate the present value of the Note.
PV of Zero coupon bond = FV / ( 1 + r )^n
Where
FV = FV maturity value of the note = $118,400
r = Interest rate = 10%
n= numbers of period = 4 years
Placing Values in the formula
PV of Zero coupon bond = $118,400 / ( 1 + 10% )^4
PV of Zero coupon bond = $80,869
Answer:
interchangeable parts and assembly lines
Explanation:
Y’all really be posting the whole passage on here, at this point y’all are just lazy to actually work it out
Answer:
True
Explanation:
Local inventory ads show people that are using Google the information about a nearby store and the products that are available there which helps to increase the sales in the stores.
According to this, the answer is that the statement that says that Local Inventory Ads allow retailers to promote their in-store inventory and drive shoppers to their brick-and-mortar stores is true because these ads show people the inventory available in a nearby store which helps to get more customers to go there.
Answer:
The legislature budget board and the governor are authorize to transfer money from one agency to other.
Explanation:
Given:
Money needs to be transferred from 1 agency to other when legislature is not in session:
Solution:
When Legislature is not in session, the legislature budget board and the governor are authorize to transfer the money from one agency to other during emergencies.
