1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
topjm [15]
3 years ago
13

What is the definition of present value?

Business
1 answer:
Alexxx [7]3 years ago
4 0
B is the correct answer
You might be interested in
The Freed Corporation produces three products, X, Y, Z, from a single raw material input. Product Y can be sold at the split-off
dexar [7]

Answer:

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

Explanation:

Giving the following information:

Product Y can be sold at the split-off point for total annual revenues of $50,000, or it can be processed further at a total annual cost of $16,000 and then sold for $68,000.

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

3 0
3 years ago
Here is the ledger for Blossom Company.
Alex777 [14]

Answer:

1/Oct : Cash (Dr.) $8,660

Accounts Receivable (Cr.) $8,660

10/Oct : Equipment & Supplies (Dr.) $9,660

Notes Payable (Cr.) $9,660

20/Oct : Accounts Receivable (Dr.) $2,640

Service Revenue (Cr.) $2,640

Explanation:

Debits $16,960

Cash 6,600

Accounts Receivable 1,840

Supplies 1,840

Equipment 4,660

Dividend 2,020

Credits : $16960

Accounts Payable 4,660

Notes Payable 9,660

Service Revenue 2,640

3 0
3 years ago
Organizing as a corporation makes it easier for the firm to raise capital. This is because corporations' stock-holders are not s
My name is Ann [436]

Answer:

A) True

Explanation:

Organizing a partnership has several advantages; it is much faster, simpler and easy, start up costs are very low, etc.

But it has one huge disadvantage over a corporation, the partners are completely liable for the partnership's debts and obligations. That means that if the partnership goes bankrupt, the partners must pay all the debts and obligations. While a corporation's stockholders are only liable for the amount they invested in stock, i.e. you buy $10,000 in stock, then all you can lose is $10,000.

Also a corporations stocks are easily traded while a it is very complicated to transfer partnerships' rights.

3 0
3 years ago
The relation resulting from mapping a weak entity (with a 1:M identifying relationship) has a composite primary key that is comp
Natali [406]

Answer:

(A) True

Explanation:

5 0
3 years ago
On January 1, 2020, HD Corp. paid $60,000 and issued a 5-year noninterest bearing note payable with a face value of $120,000 in
Sunny_sXe [5.5K]

Answer:

The carrying value of the note payable on 12/31/2021 is $95,260

Explanation:

First, we need to calculate the present value of note

Present value of note = Face value / ( 1 + Interest rate )^numbers of years

Where

Face value = $120,000

Interest rate = 8%

Numbers of years = 5 years

Placing vlaues in the formula

Present value of note = $120,000 / ( 1 + 8% )^5

Present value of note = $81,669.98

Present value of note = $81,670

12/31/2020

Interst expense = Present value at issuance x Interest rate = $81,670 x 8% = $6,533.60

Carrying Value = Present value at issuance + Interest for 2020 = $81,670 + $6,533.60 = $88,203.60

12/31/2021

Interst expense = Present value at issuance x Interest rate = $88,203.60 x 8% = $7,056.29

Carrying Value = Present value at issuance + Interest for 2021 = $88,203.60 + $7,056.29 = $95,259.89 = $95,260

Hence, the carrying value of the note payable on 12/31/2021 is $95,260

7 0
2 years ago
Other questions:
  • ou open a business selling art supplies and lessons. In your first month, you had the following total sales: $4,000 in paint, $2
    15·2 answers
  • The inductive approach to writing a business argument:
    9·1 answer
  • 2 2 user: the cost to mail a package is $7 for the first 2 pounds and 30 cents for each additional ounce. which of the following
    7·1 answer
  • The production department is proposing the purchase of an automatic insertion machine. It has identified 3 machines and has aske
    8·1 answer
  • Me. Gareth owns a toy-manufacturing company. Which of these items in his company is an intermediate good?
    14·2 answers
  • Of the following occupations, which is predicted to have the greatest job growth?
    14·2 answers
  • You are the international manager of a U.S. business that has just developed a revolutionary new personal computer that can perf
    5·1 answer
  • Which discipline studies the decision-making process of customers, workers, households, and business firms on an individual basi
    13·1 answer
  • What is the future value of a 500 annuity payment over wight years if interest rates are 14 percent?
    9·1 answer
  • If a nation has gdp of $12,500 billion and gdp per capita of $62,500, what is the nation's population?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!