Answer:
Date Received Present Value Value in 1 Year Value In 2 Years
today $1,000 $1,050 $1,102.50
in 1 year $952.38 $1,000 $1,050
in 2 years $907.03 $952.38 $1,000
The present value of the gift is <u>LOWER (BY $45.35)</u> if you get engaged in two years than it is if you get engaged in one year.
Explanation:
to determine future value:
future value = present value x (1 + interest rate)ⁿ
to determine present value:
present value = future value / (1 + interest rate)ⁿ
The first step to show the problem the report focuses on is writing a clear problem statement. On the other hand, the most common sources for informal reports include observations, electronic sources, and printed materials.
In companies, the purpose of most reports is to describe or a process in a detailed way. In the case of reports that focus on problems, these reports aim at explaining through accurate data a problem or issue in the company.
One of the first elements in these reports is a clear problem statement, this means the problem the reports explain is summarized in a short but clear and accurate statement. This statement is usually one of the first elements in the report because it helps the writer know what the report is about.
On the other hand, reports need to illustrate and explain the problem based on realistic and accurate data. Because of this to write a report sources such as articles, observations, printed documents, etc.
In the case of informal reports the most common sources are:
- Observations: Information you obtain by monitoring a process or phenomenon.
- Electronic sources: Information related to the problem found on the internet or in electronic records.
- Printed materials: Documents such as letters, reports, etc. that provide information about the problem.
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The statement that comes with a check to identify the precise invoice being paid is known as a remittance advice. In addition to the money, it also contains information that a customer delivers to a seller. These details include the invoice amount, text notes, invoice number, and payment methods.
A document or contract may be amended, a signature of authorization may be used, or a public statement of support may be made. It is a letter of communication informing the seller of which unpaid invoices have been paid in full by the buyer and how.
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Explanation:
The journal entry is as follows
On February 1, 2020
Land Dr $36,400
To Common Stock $14,000
To Paid- in capital in excess of par value - common stock $22,400
(Being the common stock is issued for land)
The computation is shown below:
For common stock
= 2,800 shares × $5 per share
= $14,000
And, the remaining balance is credited to the paid in capital in excess of par value i.e $22,400
Answer:
Following are the responses to the given choices:
Explanation:
Please find the complete question:
1-year distance recovery = sensitive resources rate - liabilities sensitive rate
Rate sensitive assets = investments(<1 year) + short-term loans(<1 year)
Dependent Rate=sensitive rate of deposits+ fed fund borrowing

The difference in replicating gaps:

If interest rates decline by 1%, net income becomes down 