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11Alexandr11 [23.1K]
3 years ago
10

John is evaluating which investment would be best for his company. He wants to determine the future value of a certain investmen

t that has the following information:
PV = $200
INT = 0.1 or 10%
N = 1 (years)
According to this information, what would be the future value of this investment?
a) $110.67
b) $200.50
c) $220
d) None of the above
Business
1 answer:
ruslelena [56]3 years ago
6 0

Answer: $220

Explanation:

The following information can be derived from the question:

PV = $200

INT = 0.1 or 10%

N = 1 (years)

To calculate the future value of this investment, we will use the formula:

FV = PV( 1 + i)^n

FV = $200(1 + 0.1)

FV = $200(1.1)

FV = $220

The future value of this investment would be $220.

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Payne Company provided the following information relevant to its inventory sales and purchases for December 2013 and the first q
Rama09 [41]

Answer:

$159,000

Explanation:

This question is incomplete we attach the attachment below:

The computation of the budgeted cash payments for inventory is shown below:

But for that first we have to determine the purchase amount which is shown below:

Purchase = Ending inventory + cost of goods sold - beginning inventory

where,

Ending inventory = $120,000 × 25% = $30,000

Cost of goods sold = $180,000

Beginning inventory = $180,000 × 25% = $45,000

So, the purchase amount is

= $30,000 + $180,000 - $45,000

= $165,000

Now the cash payment would be

= 60% of $165,000 + 40% of $150,000

= $99,000 + $60,000

= $159,000

8 0
3 years ago
Which is NOT a requirement for consideration?
rodikova [14]

Answer: B. Intent to contact

Explanation: answer on Edg. 2021

4 0
3 years ago
Jax Recording Studio purchased $7,800 in electronic components from Music World. Jax signed a 60-day, 8% promissory note for $7,
AveGali [126]

Answer:  Debit Notes Receivable          7,800  

Sales(to record sales)   7,800

Explanation:

When a customer signs a promissory note in exchange for commodity then the entry to record sales is recorded by debiting notes receivable.

here,  sales = $7,800 = Debit Notes Receivable  

The entry to record the sales transaction would be

Debit Notes Receivable          7,800  

Sales(to record sales)   7,800

3 0
3 years ago
Melissa recently paid $610 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also
zavuch27 [327]

Answer:

A. $2,325

B. $2,325

C. $0; $1,715

D. $598.5

Explanation:

A. Calculation to determine the amount of the travel costs can Melissa deduct as business expenses

Round trip airfare $610

Conference registration fees $385

3 nights lodging $1,005

($335*3)

Meals $150

(300*50%)

Cab fare $175

Total deduction $2,325

Therefore the amount of the travel costs can Melissa deduct as business expenses will be $2,325

b. Calculation to determine What amount of the travel costs can Melissa deduct as business expenses

Based on the information given the amount of the TRAVEL COSTS that Melissa can deduct as BUSINESS EXPENSES will still be $2,325.

Round trip airfare $610

Conference registration fees $385

3 nights lodging $1,005

($335*3)

Meals $150

(300*50%)

Cab fare $175

Total deduction $2,325

c. Calculation to determine What amount of the airfare can Melissa deduct as a business expense

Based on the information given Airfare will NOT BE DEDUCTIBLE

Hence;

Total Airfare deductible = $0

Total expenses deductible = $2,325 - $610

Total expenses deductible = $1,715

d. Calculation to determine the amount of the travel costs can Melissa deduct as business expense

Registration fee $385

Mileage $43.5

($75*0.58)

Parking $170

Total deductible $598.5

Therefore the amount of the travel costs that Melissa can deduct as business expense is $598.5

3 0
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Model in which an organization outsources the equipment used to support operations including storage.
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A provision model known as Infrastructure as a Service (IAAS) allows an organization to outsource the hardware, servers, storage, and networking components necessary to support operations.

What exactly does "IaaS infrastructure as a service" imply?

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What exactly is infrastructure?

The business model known as Infrastructure as a Service (IaaS) offers pay-as-you-go access to IT resources like compute, storage, and network resources via the internet.You can request and configure the resources you need to run your IT systems and applications with IaaS.

Learn more about IAAS here:

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