Explanation:
The computation of present value of the return is shown below:-
Present value of the return = Expected return ÷ (1 + r)^n
= $5,637 ÷ (1 + 0.09)^n
= $5,637 ÷ (1.09)^1
= $5,637 ÷ 1.09
= $5,171.56
Since as we can see the present value is more than the investing amount. So, the investment can be done in this project.
Answer:
a. Patent development and registration costs incurred in 2020.
Dr Patent 11,200 (only patent registration fees)
Dr Research and development expense 49,600
Cr Accumulated depreciation 6,400
Cr Cash 54,400
b. Legal fees paid in 2021.
Dr Patent 4,800
Cr Cash 4,800
c. Amortization expense in 2021.
Dr Amortization expense 607.50
Cr Patent 607.50
($11,200/20 x 9/12) + ($15,000/20 x 3/12) = $607.50
d. Amortization expense in 2022
Dr Amortization expense 750
Cr Patent 750
Before the current time, the study of finance has always included the section of acquisitions, raising capital, bankruptcy etc.
<h3>What is
Finance?</h3>
Finance is like an umbrella of activities including banking, leverage, debt, credit, capital markets, funds, investments etc
Hence, before the current time, the study of finance has always included the section of acquisitions, raising capital, bankruptcy etc.
Hence, the Option C is correct because study of finance includes all the following option.
Read more about Finance
<em>brainly.com/question/25773057</em>
Answer:
Consumer Goods means
<h2>goods bought and used by consumers, rather than by manufacturers for producing other goods.</h2>
Explanation:
Hope this helps!
Answer:
A. Take $1 million now.
Explanation:
A. If we take $1 million now the present value of the money is $1 million.
B. If we choose to take $1.2 million paid out over 3 years then present value will at 10% will be;
$300,000 + $300,000 / 1.2 + $300,000/ 1.44 + $300,000 / 1.728
$300,000 + $250,000 + $208,000+ $173,611 = $931,944
The present value of option B is less than present value of option A. We should select option A and take $1 million now.
