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3 years ago

What is the process of determining the present value called?

Business

1 answer:

Naddika [18.5K]3 years ago

4 0

Answer:

Discounting

Explanation:

The present value of a payment or strings of payments is the future worth of the payment at a later date.

Discounting, according to the question, can be defines as a process of determining the present value of a commodity or payments that are to be received at a later date.

It can also be called compound discounting. This is because it can also be used to determine the present value of a series of payments as well.

Present value is involves discounting the interest rate from the future amount.

Cheers.

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3 years ago

The amount by which government expenditures exceed revenues during a particular year is the:A. public debt.B. budget deficit.C.

slava [35]

Answer:

The correct answer is

B. budget deficit

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4 years ago

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3 years ago

One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and

hichkok12 [17]

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<h3>What is the meaning of GATT?</h3>

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2 years ago

Searcy has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2020, it is learned

raketka [301]

Answer:

d. Credit to Accounts Receivable.

Explanation:

Hutley Inc. is not going to pay the $8,000 to Searcy, therefore Searcy will make the following entry to write off the balance from Account Receivables.

Debit: Allowance for Doubtful Accounts $8,000

Credit: Accounts Receivables $8,000

To write-off Hutley Inc. receivables.

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4 years ago