Answer:
Allied Merchandisers
Journal Entries
Date General Journal Debit Credit
03-May Merchandise Inventory $20,000
To Cash $20,000
05-May Accounts Receivable $21,000
To Sales $21,000
05-May Cost of goods sold $15,000
To Merchandise Inventory $15,000
07-May Sales Returns and allowances $1,750
To Accounts Receivable $1,750
07-May Merchandise Inventory $1,250
To Cost of goods sold $1,250
08-May Sales Returns and allowances $300
To Accounts Receivable $300
15-May Cash $18,571
Sales Discounts $379
($18950*2%)
To Accounts receivable $18,950
($21000-$1750-$300)
Answer:
The correct answer is B.
Explanation:
Giving the following information:
An investment of $115 generates after-tax cash flows of $50 in Year 1, $90 in Year 2, and $150 in Year 3.
Rate of return= 20%
To calculate the present value, we need the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
Io= 115
Cf1= 50/ 1.20= $41.67
Cf2= 90/1.2^2= $62.5
Cf3= 150/1.2^3= $86.81
NPV= -115 + (41.67 + 62.5 + 86.81)
NPV= $75.98
Tesla has created over 1,500 jobs at its ATVM-supported facilities. The Department of Energy's investment in Tesla supports the commercial deployment of advanced technologies that help U.S. automakers remain competitive in the growing global advanced vehicle market. This is the purpose of tesla serving the economy.
The economy is the field of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
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Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
.
<h3>What is the student union?</h3>
The student union is known to be a body that is composed of student of any university, polytechnic or college institution.
It is known to be a body that is autonomous and one whose internal life set up its own by-laws.
Note that the student unions are often allocated funds by the university or polytechnic and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.
Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
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Answer:
1. Qatar
2. Macao SAR
3. Luxembourg
Explanation:
The 3 wealthiest countries in the world according to GDP (PPP) is Qatar - $134,623, Macao SAR - $122,201 and Luxembourg - $108,813
