Answer:
a.
NPV X 44352,90
NPV Y 38729,29
b.
NPV X 28619,86
NPV Y 29008,94
Explanation:
To get the present value of each cash flow we use excel or spreadsheets.
File is attached with the comparison of both investments.
<u>Investment X </u>
Net Present Value (NPV) 44353 (Interest rate 8%)
Net Present Value (NPV) 28620 (Interest rate 20%)
<u>Investment Y </u>
Net Present Value (NPV) 38729
(Interest rate 8%)
Net Present Value (NPV) 29009 (Interest rate 20%)
The answer is <span>when second republic bank lends out all of its new excess reserves to hubert</span>
Answer:
B) $665,000
Explanation:
Total pledges receivable are $700,000 but they should be reported minus the allowance for uncollectible pledges = $700,000 - 5% = $665,000
The journal entry to record the pledges receivable:
- Dr Pledges Receivable account 700,000
- Cr Allowance for Uncollectible Pledges account 35,000
- Contributions Revenue account 665,000
The allowance for uncollectible pledges account is a contra asset account that reduces the value of the pledges receivable account.
<span>I think the answer is an estimate or forecast of a future situation or trend based on a study of present ones</span>
B. Free market economy is the idea associated with laissez-faire economics, which can be translated as "let it be" economics. It refers to the belief that prices for goods are set freely by consumers.