Answer:
$35,323
Explanation:
Present value = Future value * PVF of single sum(n=3, i=9%)
Present value = $240,000 * 0.77218
Present value = $185,323
Book value = Cost of building - Accumulated depreciation
Book value = $250,000 - $100,000
Book value = $150,000
Gain on sale of building = Present value of note - Book value
Gain on sale of building = $185,323 - $150,000
Gain on sale of building = $35,323
Answer:
The correct answer is A
Explanation:
Federal Reserve also called as Fed, is the one central banking system and it is responsible for setting the policy on the monetary matters.
Fed has 3 functions, which are supervise the operations of the banking, conduct the monetary policy of nation and maintain and provide an efficient and effective system of payment.
When it is established in the year 1913, it primary responsibility is to make the discount loans to banks, which are suffering from the large withdrawals made by depositors.
Answer:
A CVS/pharmacy store is an example of a national business.
Explanation:
Answer:
Equivalent units of production for materials = 5960
Explanation:
Given:
Units transferred out = 5800
Units in ending inventory = 400
%age of completion for conversion = 40%
To calculate the equivalent units of production by using the formula:
Equivalent units of production for materials = units transferred out + ( units in ending inventory × %age of completion for conversion)
= 5800 + ( 400 × 40/100)
= 5800 + ( 400 × 0.4)
= 5800 + 160
= 5960
Some examples of a personal risk include poor health and old age. Property risk includes having your property damaged by wind, lightning, etc. Liability risk is essentially you being responsible for something that happens that could lead to a lawsuit or anything of that nature. So yeah...