Answer:
accrued interest owed at the end of the year = $400 x interest rate x 6/12 months
the interest rate was not given, but we can assume that it was 5% just as an example:
total accrued interest expense = $400 x 5% x 6/12 = $10
the journal entry would be
December 31, 2021
Dr Interest expense 10 million
Cr Interest payable 10 million
FIEJFIE GIEDEIJF EKEE DE E FIR FIE FID FIE DIW AODNF F
An air defense system can be divided into 2 categories.
Explanation:
The U.S. military relies on a variety of missiles launched from finger-held to vehicle assembled systems. The Air Defense Artillery was the anti-aircraft weapons branch (for example, surface-to-air rockets).
The Missile Defense Agency's purpose is to protect stationed forces, allies, and partners, via a layered missile defence system, against hypersonic and ballistic missile threats of all kinds.
For example, two strong radars have been used on a landing pad in the Pacific to detect ICBM, another on Wake Island. The destination also was tracked by satellites equipped with infrared sensors.
Answer:
annuity factor for 20% and 6 periods = 3.326
Explanation:
the IRR represents the discount rate at which a project's NPV = 0
NPV = initial outlay + PV of future cash flows
NPV = 0
initial outlay = -$831,500
PV of future cash flows = $831,500 = cash flow x annuity factor
annuity factor = $831,500 / $250,000 = 3.326
using an annuity table and looking for the annuity factors for 6 periods, we find that the annuity factor for 20% and 6 periods = 3.326.
So our IRR = 20%
