Answer:
PV = $188,653.22
Explanation:
Given the following information, firstly we need to calculate present value of cash flow for the last 9 years. The present value of cash flow therefore
PVA2= $1,800 {[1 – 1 / (1 + 0.10 / 12)^108] / (0.10 / 12)}
PVA2= $127,852.84
Thus, present value of Cashflow today
PV = $127,852.84 / [1 + (0.08 / 12)]^84+ $1,800{[1 – 1 / (1 + 0.08 / 12)^84] / (0.08 / 12)}
PV = $188,653.22
Answer:
The Carolina Christmas Tree Corporation’s total revenue is $32,500.
Explanation:
The total supply of Carolina Christmas Tree Corporation (Q) = 500
The selling price of a tree (P) = $65
The total revenue (TR)of Carolina Christmas Tree Corporation = Total supply (Q) * Selling price of a tree (P)
TR = 500 * $65 = $ 32500
Therefore, the answer to the given question is option C = $ 32,500
Answer:
Profit centre
Explanation:
Packrall maintenance department is very efficient and well trained in designing and maintaining circuit board equipment. They are usually hired by other customers to maintain their equipment which is helping to add more profits for Packrall Company. As the maintenance department is a source of making identifiable profits, the department is likely organised as a profit centre.
Answer:
One way to make money on stocks for which the price is falling is called short selling (or going short). Short selling is a fairly simple concept—an investor borrows a stock, sells the stock, and then buys the stock back to return it to the lender. Short sellers are betting that the stock they sell will drop in price.
Explanation:
Hope it helps
Answer:
The journal entry and the computations are shown below:
Explanation:
The journal entry is shown below:
Allowance for doubtful accounts $7,300
To Account receivable $7,300
(being the written off amount is recorded)
And, the cash realizable value of the accounts receivable is
1. Before the write off
= $729,400 - $61,200
= $668,200
2. After the write off
= $729,400 - $7,300 - $61,200 - $7,300
= $668,200