Much of our communication is nonverbal, which accounts for at least: select one:

A small craft store located in a kiosk expects to generate annual cash flows of $6,800 for the next three years. At the end of t

Dafna11 [192]

Answer:

The monetary value is $24,201.23

Explanation:

Giving the following information:

Cash flows:

Year 1= $6,800

Year 2= 6,800

Year 3= 6,800

Year 4= $15,000.

The discount rate is 15 percent.

We need to discount each cash flow to the present value:

PV= FV/(1+i)^n

Year 1= 6,800/1.15= 5,913.04

Year 2= 6,800/1.15^2= 5,141.78

Year 3= 6,800/1.15^3= 4,471.11

Year 4= 15,000/ 1.15^4= 8,576.30

Total= $24,201.23

6 0

3 years ago

Record the journal entry for Sales and for Cash Over and Short for each of the following separate situations. The cash register’

erica [24]

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr$598

To Sales $560

To Cash over and short $38

(Being the cash sales are recorded and the remaining balance is credited to the cash over and short account)

2. Cash A/c Dr $1,112

Cash over and short A/c Dr $36

To Sales A/c $1,148

(Being the cash sales are recorded and the remaining balance is debited to the cash over and short account)

4 0

3 years ago

Contingent liabilities should be recorded in the accounts when: it is possible the future event will occur the amount of the lia

slava [35]

Either of the above would be correct

3 0

3 years ago

Which building is widely regarded as the first skyscraper? empire state building chrysler building woolworth building home insur

s344n2d4d5 [400]

Further expansions led to the world's first skyscraper, the ten-story Home Insurance Building in Chicago, constructed in 1884–1885. It is the so-called “Father of the Skyscraper”. While its tallness of 138 feet is not measured very remarkable today, it was at that time. The designer of the building was Major William Le Baron Jenney.

5 0

3 years ago

Frolic Corporation has budgeted sales and production over the next quarter as follows: July August September Sales in units 46,5

Digiron [165]

Answer:

61,500 units

Explanation:

July August September

budgeted sales 46,500 58,500 <u> </u><u>61,500</u>

budgeted production 47,050 58,800 63,150

beginning inventory 5,300 5,850 6,150

ending inventory 5,850 6,150 7,800

ending inventory August = beginning inventory + budgeted production - budgeted sales = 5,850 + 58,800 - 58,500 = 6,150

units sold during September = beginning inventory + budgeted production - ending inventory = 6,150 + 63,150 - 7,800 = 61,500

8 0

3 years ago