Renaldo would earn <span>2817.63. You take the $ of sales and multiply it by the commissions percentage, then add the number you get with the flat salary to get his total $ earned that month.</span>
68000 is what they have left
Answer:
Explanation:
The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. It is made of: the non-market sector (public administration, education, human health, social work activities).
The journal entry to record the purchase the shares is that investment account will be debited with $200000 and bank account credited with $200000.
Given that on March 1, 2016, Rain Technology purchased 20,000 shares of Lightyear Services Company for $ 10 per share.
We are required to pass a journal entry for the recording of the purchase of the shares.
Journal is the book in which the transaction is recorded first time in the company. It helps in the formation of ledger as well as other books also.
The journal entry will be as under:
1) Investment A/c Dr. $200000
To Bank A/c $200000
(Purchase of shares by Rain Technology)
Hence the journal entry to record the purchase the shares is that investment account will be debited with $200000 and bank account credited with $200000.
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Answer: A. All cash flows other than the initial investment occur at the end of periods.
C. All cash flows generated by the investment project are immediately reinvested at a rate of return equal to the discount rate.
Explanation:
The Net Present Value is one of the most popular Capital Budgeting methods used in Project analysis. It works by subtracting the cost of an investment from the present value of it's future cashflows.
One assumption it makes is that the cashflows occur at the end of each period. This allows for easier calculations as partial discounting will not be done but rather full discounting for the year.
Another key assumption it makes its that the cashflows generated from the project are reinvested at the Cost of Capital which is a rate of return equal to the discount rate. This is why all cashflows are discounted at this rate of return.
