Answer:
credit is like owing someone money for a long period of time and isn't payin it
Answer:
Daily saving (NPV) is $33
Annual saving is $12,045
Explanation:
1.What is the NPV of accepting the lockbox agreement?
The total about to be deposited in bank lockbox per day = average receipt size * number of checks per day
= $135 * 7,300 = $985,500
The daily interest to be received = $985,500 * 0.016% = $158
Daily saving (NPV) = Interest received – lockbox fee = $158 - $125 = $33
2. What would the net annual savings be if the service were adopted?
Annual saving = daily saving * 356 days = $33 * 365 = $12,045
I’m not 100% sure but if I had to answer I would pick (A)
Answer: Choose alternatives
Explanation: Decision processes consist of different parts:
1. Define problems
2. Analyze problems
3. Evaluate alternatives
4. Choose alternatives
5. Apply the decision.
Salvatore is focused in considers each car against his own criteria and has already chosen the available alternatives, now he must prepare to make the decision on which car he is going to buy.
Answer:
Assets increase by $10,000
Total stockholders' equity increases by $10,000
Explanation:
To see impact of transcation mentioned in question on asset, liability and equity lets first begin with journal entry. Journal entry is given below.
Debit New Asset 110,000
Credit Cash Asset 40,000
Credit Old Asset 60,000*
Profit on disposal 10,000
*Old asset net book value = cost - accumlated depreciation
=100,000- (4*10,000) = 60,000
So this is clear that the asset and equity will increase as result of transaction mentioned above them. There will no impact on liability.