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sergiy2304 [10]
4 years ago
6

Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash fl

ows you would like to receive: Option A: Receive a one-time gift of $ 10,000 today. Option B: Receive a $1400 gift each year for the next 10 years. The first $1400 would be received 1 year from today. Option C: Receive a one-time gift of $17,000 10 years from today. Compute the Present Value of each of these options if you expect the interest rate to be 3% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Business
1 answer:
Finger [1]4 years ago
3 0

Answer:

The best option is Option A.

Explanation:

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exercise 4-9A Calculate the balance of cash using a bank reconciliation (LO4-5) Spielberg Company's general ledger shows a check
algol13

Answer:

$22,789

Explanation:

One of the uses of the Bank Reconciliation Statement is to check the accuracy of the Cash Balance.

The Balance on the Bank Statement and that of the Cash Book in the Ledgers should always agree.

Bank Reconciliation Statement as a July 31

Balance as per Bank Statement                      $22,364

Add Lodgments not yet credited                       $1,745

Less unpresented checks                                 ($1,320)

Balance as per Cash Book                               $22,789

Therefore,

The balance of cash using a bank reconciliation is $22,789

5 0
3 years ago
What’s the best business in the world
nirvana33 [79]
Technology wise: Apple or Microsoft

Food wise: McDonalds or KFC
4 0
3 years ago
Direct Materials Variances Bellingham Company produces a product that requires nine standard pounds per unit. The standard price
Amanda [17]

Answer:

The correct answer is:

(a) -7783

(b) 6800

(c) -983

Explanation:

According to the given values in the question:

(a)

The price variance will be:

= (8.5-8.93)\times 18100

= -0.43\times 18100

= -7783 (Favorable)

(b)

The quantity variance will be:

= (2100\times 9-18100)\times 8.5

= (18900-18100)\times 8.5

= 800\times 8.5

= 6800 (Unfavorable)

(c)

The cost variance will be:

= (2100\times 9\times 8.5)-(18100\times 8.93)

= (160650)-(161633)

= -983 (Favorable)

4 0
3 years ago
Who wants 100 points
atroni [7]

Answer:

me pls

Explanation:

5 0
3 years ago
Read 2 more answers
6. What does Rose argue should be the last part of a presentation to the VC? Why?
Lubov Fominskaja [6]

Rose argued that the last part of a presentation to the VC should be " a wrap-up that leads to the final pitch."

David S. Rose is a prominent angel investor famous for being the founder and Chairman Emeritus of New York Angels.

In one of his entrepreneurship discourses, Rose claimed that the last part of a presentation to the VC should be the overall presentation in a short form that would comprise the main points of the all-around presentation.

Rose concluded that these key points should be the reason to convince a Venture Capitalist to invest in the business.

Hence, in this case, it is concluded that the last part of a presentation is crucial to convince a Venture Capitalist.

Learn more here: brainly.com/question/23471689

6 0
3 years ago
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