Answer:
$157,986.11
Explanation:
Given that
Amount = $75,000
Number of years = 3
Interest rate = 20%
The computation of the present value is shown below:-
Here we will use the P/A factor which is here
Present value = Amount × (1 + Interest rate)^number of years - 1 ÷ (Interest rate × (1 + Interest rate)^Number of years
= $75,000 × ((1 + 20%)^3 - 1) ÷ (0.20 × (1 + 0.20)^3)
= $75,000 × (0.728 ÷ 0.3456)
= $75,000 × 2.106481481
= $157,986.1111
or
= $157,986.11
Therefore for computing the present value we simply applied the above formula.
Answer:
True
Explanation:
Altruistic Corporate Social Responsibility is a philanthropic approach of the company which undermines the interests of the shareholders because such programs are not approved by the shareholders. This clash between the interests of shareholders and the society is the argue that critics quote to protect the shareholders rights.
Answer:
Decrease, $2,000
Explanation:
The premium on bonds payable will <u>decrease </u>total interest expense recognized over the life of the bond by <u>$2,000</u>. The difference between the face value & the issue value $2,000 ($62,000 - $60,000) should be amortize over a period of time and of which is reduced from interest expense.
Answer and Explanation:
Given:
Product 1 Product 2 Product 3
Cost of product $20 $90 $50
Selling price $40 $120 $70
Selling cost $6 $40 $10
Computation:
Product 1 Product 2 Product 3
Product Cost $20 $90 $50
N.R.V ($40-$6)=$34 ($120-$40)=$80 ($70-$10)=$60
Per Unit Inventory Value $20 $90 $50
Where is the link? I do not see the link in the comments
