<span>Present
value is the current value of a future sum of money. Present value of money is
used to compute the time value of money. It is also known as ‘present discounted
value’ or ‘discounted value.’ It is the worth of money now to be paid in series
of payments at a certain interest rate to arrive at the future value.</span>
Answer: D) As stated in our contract,we are liable to pay compensation only when our personnel repair the equipment
Explanation:
Based on the information given in the question, the best way to phrase the refusal of Marie's claim for adjustment is that "As stated in our contract, we are liable to pay compensation only when our personnel repair the equipment".
Since a service executive in the company discovers that the mower was dismantled by someone, then Marie's claim for adjustment can be refused since it wasn't dismantled by someone from the company.
Answer:
a. Cash 7,000 Accounts Receivable 7,000
Explanation:
As for the information provided, the payment is received for a sales made in last month, and thus entry at the time of sales shall be:
Accounts Receivables A/c Dr. $7,000
To Sales $7,000
Therefore, when the amount is collected today it will increase cash by debiting cash for the same amount.
Further, balance of accounts receivables will be decreased by crediting such account.
Therefore, correct option is
a. Cash 7,000 Accounts Receivable 7,000
Answer:
2nd option is correct.
Explanation:
Variable over head = (Actual Qty. - Standard Qty. ) * Standard cost
Efficiency variance
= (10125-9000) * 30
= $ 33750 (Un-Favorable)
2nd option is correct.
Variance is unfavorable because actual quantity used to produce is more than budgeted quantity allowed at that level of production.
Answer:
ok man. Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to delete it.Copied text is stored in the clipboard for 1 hour.Copied text is stored in the clipboard for 1 hour.Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to pin it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to pin it.Copied text is stored in the clipboard for 1 hour.Press and hold an item to pin it.Press and hold an item to delete it.Copied text is stored in the clipboard for 1 hour.
