Answer:
Present Value (PV) of cash flows are as follows.
(i) Discount rate = 0%
= - 1
Since PV < 0, the project should not be undertaken.
(ii) Discount rate = 2%
= 156
Since PV > 0, the project should be undertaken.
(iii) Discount rate = 5%
= 772
Since PV > 0, the project should be undertaken.
(ii) Discount rate = 10%
= - 351
Since PV < 0, the project should not be undertaken.
Answer:
advertizing expense 387 debit
prepaid expense 387 credit
--to record expired advertizing at year-end ---
Explanation:
1,548 is the value of 36 months
from April to December 31th 9 months has expired thus:
1,548 x 9/36 = 387 expired advertizing
we will decrease our prepaid and post the advertizing expense for the expired amount
the prepaid is considered an asset as we have the right to receive advertize of our product and brand for the term of the contract thus, to decrease it we credit
the expense as decrease our equity will be debited
Answer: $0
Explanation: The total amount of an individual's Gross income which is taxed is called the taxable income. An individual's Adjustable Gross Income may include expenses such as charitable contribution, mortgage interest, medical and some other eligible expenditure which are are deducted in other to lessen the taxable income of such individual. Such deductions are called the Itemized deductions.
However, personal expenses DO NOT CONTRIBUTE to an individual's Itemized deduction and as such, MIKE HANSEN'S ITEMIZED DEDUCTION IS ZERO.
The $6000 incurred is classed under personal expenditure and is not deductible.
Answer:
in food they provide day-to-day nutrients that the body needs in order to function
Explanation:
Answer:
Explanation:
The four primary ways to protect intellectual property are:
Copyrights.
Trademarks.
Patents.
Trade secrets.
