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Serhud [2]
3 years ago
13

The objective of present value when used to determine an accounting measurement for initial recognition purposes is to Capture t

he value of an asset or liability in the context of a given entity. Estimate fair value. Estimate value in use. Calculate the effective-settlement amount of assets.
Business
1 answer:
rusak2 [61]3 years ago
3 0

Answer:

The objective of present Value is to present a set of cash flows based on their estimated fair value; to help decision makers in assessing the viability or otherwise of an option of investments.

Values don't stay the same year on year, various influences act to most times make the same $ amount lessened by tomorrows valuation; some factors like inflation, obsolescence, opportunity cost of not investing in other activities (cost of capital)....all these play a role in determining time value of money.

Present value attempts to harmonize all these influences and present a fair value of our $ dollar estimate of future values based on the impact of these factors.

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Purchasing-power parity holds between the nations of Ectenia and Wiknam, where the only commodity is Spam. a. In 2015, a can of
Y_Kistochka [10]

Answer:

the exchange rate between two different currency is  6 pesos per dollar

Explanation:

The computation of the exchange rate between two different currency is

= Unit cost of spam in Wiknam ÷ unit cost of  spam in Ectenia

= 24 pesos ÷ 4 dollars

= 6 pesos per dollar

hence, the exchange rate between two different currency is  6 pesos per dollar

We simply applied the above formula so that the currency rate could come

And, the same is to be applied

5 0
2 years ago
Galvin has deposited $879 in a savings account that earns interest at a rate of 1.8% compounded quarterly.what will the account
Tju [1.3M]

$1,130.28

Formula is A = P (1 + [r/n])^(nt)

A= 879 (1+ [.018/4])^(4*14)

A= 879 (1.0045)^56

A= $1,130.28

A = future total amount

P = principle (amount initially deposited)

r = the annual interest rate (decimal)

n = times that interest is compounded per year  (quarterly is 4 times per year)

t = number of years

3 0
3 years ago
What is a well-informed, but often neglected, source of free marketing data? A. infomercials B. college professors C. Secondhand
klemol [59]

The correct answer is option B - COLLEGE PROFESSORS. The Academia is a brilliant source of free marketing data, and they are very knowledgeable and well-informed. However, the academia is often neglected because entrepreneurs usually ignore and/or overlook them

4 0
3 years ago
Prestwich Corporation has two service departments and two operating departments. Costs of the Building and Grounds service depar
shepuryov [24]

Answer:

$20,880

Explanation:

Under the direct method we ignore services that are provided to the other service departments.

In order to allocate the building operation costs to Operating department A, we need to determine what percentage of the building space taken up by Operating departments is used by Operation Department A.

There is a total of 50000 square feet and Operating Department A occupies 60%(30000/50000 of that.

So Operating Department A will get 60% of the building costs

  i.e., 60% × 34800 = 20,880

7 0
3 years ago
As an accountant for hartley enterprises, you are responsible for preparing the statement of cash flows. you have transactions f
Ganezh [65]

"Cash flow from financial activities" is the heading." This section of the cash flow statement displays all of your company's financing activity, including equity, loan, and dividend transactions.

<h3>What is cash flow statement?</h3>

A cash flow statement is a financial statement that outlines all cash inflows a company receives from ongoing operations and outside investment sources.

It also includes all cash outflows for business and investment operations over a set period of time.

Thus, "Cash flow from financial activities" is the heading.

For more details about cash flow statement, click here

brainly.com/question/21306581

#SPJ1

5 0
2 years ago
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