Answer:
Time value of money
Explanation:
The ability of money kept in a savings deposit to earn interest over time and the increase in the total interest in line with the length of time, brought us to a conclusion that <em>an amount of money to be received now, that is in the present, is worth more than the same amount if received in the future.</em>
The increase in the value of money as a result of interest earned on it, increases the value of money, this concept is what is referred to time value of money.
The interest rate offered on the bond is 11.94%.
<h3>What is the interest rate on the bond?</h3>
The interest rate of the bond can be determined by calculating the yield to maturity of the bond. The yield to maturity is the interest rate that equates the price of the bond to the future value of the bond.
The yield to maturity can be determined using a financial calculator:
- Cash flow in year 0 = $-134
- Cash flow in year 1 = $150
YTM = 11.94%
To learn more about yield to maturity, please check: brainly.com/question/26376004
Answer: Option B
Explanation: In simple words, turnkey operations refers to those projects which are related to the production of any good or service . These projects are intended to be sold or leased out once they are complete.
Thus, such kind of projects are usually made for the Govt. and after a long duration of completion the producer sells it to the govt.
Thus, the correct option is B
The correct answer is letter B. Providing a delivery service. Making an increase in possession is ensuring that you have the refrigerator or whatever product that you are getting. The ability to feel the tangible touch of a product gives you the possession.
Answer:
$6,666.67 and $10,000
Explanation:
The computation of the depreciation expense for the year 2017 and 2018 is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($88,000 - $8,000) ÷ (8 years)
= ($80,000) ÷ (8 years)
= $10,000
Since the machinery is purchased on April 30 and we assume the books are closed on December 31 so the number of months calculated is 8 months
Therefore for the year 2017 the depreciation expense is
= $10,000 × 8 months ÷ 12 months
= $6,666.67
And, for the year 2018 the depreciation expense is same i.e $10,000
