Answer:
b. 30.29
Explanation:
Perpetuity is the state that lasts forever. In statistics the benefit that last for an indefinite period of time is calculated through perpetuity method.
1/1.06 + 1/1.06^2 +1/1.06^3 + 1/1.06^4 + 1/1.06^5 + 1/1.06^6 + 1/1.06^7 + 1/1.06^8 + 1/1.06^9 =
0.942 + 0.893 + 0.87 + 0.821 + 0.791 + 0.752 + 0.691 + 0.652 + 0.604
= 7.017
7.017 / 0.23 = 30.29
Answer:
Interactive sites where users write about personal topics and comments to a threaded discussion are called <u>Blogs</u>.
Explanation:
Blog is an online system where a writer or sometimes multiple writers describe any particular topic. The users can comment on these writings and conversations can be made. Blogs are an excellent platform to discuss any topics.
Blogs can be of different kinds depending on how a blogger chooses to write. Some types of blogging include a personal blog which is more like a diary of a person, group blogs, and microblogging.
Third-party check. check negotiated through a bank, except one payable to the writer of the check, that is, a check written for cash. The primary party to a transaction is the bank on which a check is drawn. The secondary party is the drawer of the check against funds on deposit in the bank.
Answer:
a) An addition to the cash balance according to the bank statement. (4)
b) Deduction from the cash balance according to the bank statement. (3)
c) An addition to the cash balance according to the company's records. (1)
d) A deduction from the cash balance according to the company's records. (2), (5), (6).
Explanation:
1. Company has understated its cash balance by recording a credit amount of $960 instead of $690, so add the Balance to Cash Account.
2. Company has overstated its cash balance by recording a credit amount of $240 instead of $420, so deduct the Balance from Cash Account.
3. Company has recorded a Payment but Bank hasn't yet updated its records. So, deduct from Bank Account.
4. Company has recorded a Deposit but Bank hasn't yet updated its records. So, Add to Bank Account.
5. Bank Service Charges are deducted from Cash Account maintained by Company.
5. Company has recorded a collection from customer in its accounts. When the check was sent to Bank, the banking authority found that the balance in the customer account is not sufficient and declared the check as "NSF". So, deduct it from Cash Account maintained by Company to reconcile.
Defense Contract Management Agency (DCMA) is the EVM (earned value management) agency that is responsible for ensuring EVM is applied with integrity and is an effective process. The Earned Value Management is a project management measure that tracts performance and process. Earned Value is equal to the % of completed work X the budget for work to be completed.