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Alja [10]
3 years ago
10

The present value of a single sum is: Select one: A. The amount that would be paid today to receive a single amount at a specifi

ed date in the future B. The amount that would be paid today to receive a single amount at an unspecified date in the future C. The amount that would be paid at a specified date in the future to receive a single amount today D. The amount that would be paid at an unspecified date in the future to receive a single amount today E. None of the above
Business
1 answer:
Marina86 [1]3 years ago
8 0

Answer:

The correct answer is letter "A": The amount that would be paid today to receive a single amount at a specified date in the future.

Explanation:

The present value (PV) of a single sum tells us how much a future sum of money is worth today given a specified rate of return. This is an important financial concept based on the principle that money received in a specific time in the future is not worth as much as an equal sum received today.

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Suppose the U.S. government encouraged consumers to trade in their old automobiles for more​ efficient, new models by paying up
VARVARA [1.3K]

Answer:

B. people respond to economic incentives.

Explanation:

Economic incentive is material given by someone, that is capable of motivating the other person to behave or act in a certain way. If economic incentives come from a government, it can be in form of tax incentives, subsidies or any monetary gift in form of cash or near cash.

To the economist, human being being rational, will respond to economic incentives in various forms.

7 0
3 years ago
Flower farming is earning popularity day by day in Nepal justify this statement
ankoles [38]

Importance of flower cultivation is increasing day by day in Nepal because they understood the income which can be generated by floriculture and the soil also permits the cultivation of the plants at a large scale.

3 0
3 years ago
At each calendar year-end, Mazie Supply Co. uses the percent of accounts receivable method to estimate bad debts. On December 31
polet [3.4K]

Answer:

Explanation:

The journal entries are shown below:

(a) a $415 credit balance before the adjustment.

Bad debt expense A/c Dr  $685

     To Allowance for Doubtful Accounts   $685

(Being bad debt expense recorded)

Since the allowance for doubtful debts have a credit balance so this amount will be deducted. The computation is shown below?:

= (Outstanding accounts receivable × uncollectible rate) - credit balance

= ($55,000 × 2%) - $415

= $1,100 - $415

= $685

(b) a $291 debit balance before the adjustment.

Bad debt expense A/c Dr  $1,391

     To Allowance for Doubtful Accounts   $1,391

(Being bad debt expense recorded)

Since the allowance for doubtful debts have a debit balance so this amount will be added. The computation is shown below?:

= (Outstanding accounts receivable × uncollectible rate) + debit balance

= ($55,000 × 2%) + $291

= $1,100 -+$291

= $1,391

6 0
3 years ago
FlanCrest Enterprises is a mid-sized auto supply company that manufactures electronic components for cars. It has approximately
Nadusha1986 [10]

Answer: d. Control, because they are attempting to minimize labor costs

Explanation:

By trying to reduce labor costs, FlanCrest is engaging in a Control HR Strategy that will see them control the costs being expended on human resources.

This case shows how Controling activities such as cost cutting can be done to keep customers because if FlanCrest did not do what they did, they might have lost Widespread Motors as customers.

7 0
4 years ago
What is the opposite of fade-in, when the image goes black?
Flura [38]

Answer:Umm fade out is the opposite if fade in, but it might not be correct.

Explanation:

;)

5 0
3 years ago
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