Answer:
$199,576,970,307.56
Explanation:
Given:
Price paid for the island = $24
Annual interest rate, r = 6%
Duration, n = 392 years
Now,
Future value is given as:
Future value = Present value × ( 1 + r )ⁿ
on substituting the respective values, we get
Future value = $24 × ( 1 + 0.06 )³⁹²
or
Future value = $24 × 8315707096.148
or
Future value = $199,576,970,307.56
Answer:
Option A Principal Amount
Explanation:
Because the amount paid additional to the interest is repayment of loan which is the principal amount. So the option A is only correct. The other options discusses about interest which is not the portion of the amount initially borrowed.
If accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. based on this information, the adjustment to net income for the period will be reported as: a decrease of $4,000 which will be added to net income.
<h3>How to find the
adjustment to net income?</h3>
Using this formula to determine the adjustment to net income
Adjustment to net income = accounts receivable had a debit balance - Beginning debit balance
Where:
Accounts receivable had a debit balance = $10,000
Beginning debt balance = $6,000
Let plug in the formula
Adjustment to net income = $10,000 - $6,000
Adjustment to net income = $4,000
Therefore we can conclude that the adjustment to net income for the period will be reported as a decrease of $4,000 which will be added to net income.
Learn more about adjustment to net income here:brainly.com/question/6748270
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Answer: True
Explanation:
Decision regarding an asset replacement is usually based on both the internal rate of return and the net present value of the incremental cash flows.
Therefore, it should be noted that this brings about the complications when comparing the development of relevant cash flows to the expansion decisions.
Answer:
The complete question is given in the explanation box below and the solutions to the problem is shown in the pictures attached herewith accordingly. Thank you.
Explanation:
a. Determine the degrees of freedom for this test.
b. Compute the test statistic.
c. Compute the p-value.
d. What is your conclusion? Let α = .05.
