Answer:
$2007.6
Explanation:
According to the scenario, computation of the given data are as follow:-
4th Year Cash Flow = Salvage Value + Expected End Year Net Cash Flow
= $1,200 + $11,300
= $12,500
Year Cash flow ($) PVF at 8% Present value ($)
0 36,300 1.000 -36,300
1 11,300 0.9259 10462.67
2 11,300 0.8573 9687.49
3 11,300 0.7938 8969.94
4 12,500 0.7350 9187.5
Net present value 2007.6
According to the analysis, net present value of machine is $2007.6
The correct option is this: TOTAL ASSET DECREASES WHEN THE LENDING TRANSACTION OCCUR BUT INCREASE WHEN THE AMOUNT BORROWED BY THE CUSTOMER IS REPAID.
When a loan is given out, the asset account will be debited while the cash account is credited. This means that, at the point of giving the loan, the value of one's asset has decrease. Asset value will increase when the loan is paid.
Answer:
all are False
Explanation:
1. Working in the US does nothing to ensure you will have an adequate retirement benefit. Social security may provide a little income, but usually won't pay the rent.
2. 403(b) plans may be offered by some tax-exempt organizations--not by corporations. Corporations may offer a 401(k) plan.
3. IRA stands for "Individual Retirement Account."
4. It is a good idea to invest in a retirement account at a young age so you can take advantage of interest compounding. Using the money for anything other than retirement is not recommended.
Answer:
$2,600
Explanation:
Calculation of the value of the company's inventory at the lower of cost or market.
Current FIFO inventory ×Net realizable value
Where,
Current FIFO inventory= 200 units
Net realizable value $13 per unit
Therefore,
200 units *$13 per unit = $2,600.
Lower cost of market can be said to mean that the inventory cost at either the purchase cost or replacement value .
Bases on the information given in the question, replacement cost is lower or lesser than the purchase cost which is why the inventory units are been cost at the replacement value of $13 each.
Answer:
lump sum money= $52653
Explanation:
Giving the following information:
Your child is going to college in 4 years.
Tuition fees amount to $16,000 a year for each of the 4 years.
You plan on depositing a lump sum of money today in a bank account paying 5% interest a year.
The first tuition fee payment you make will be 4 years from now.
FV= 16000*4= $64000
n= 4 years
i= 0.05
We need to find the annual payments:
PV= FV/(1+i)^n
PV= 64000/1.05^4= $52653
