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3 years ago

What is the current value of a future sum of money called?

1 answer:

6 0

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.

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This year Maria works 1,200 hours as a computer consultant, 320 hours in a real estate development business, and 400 hours in re

Gnesinka [82]

Answer:

$ 25000 can be deducted under the exception for real estate

Explanation:

of the $26,000 real estate passive activity loss generated, $ 25000 can be deducted under the exception for real estate. The limit is of special allowance of $25000.

7 0

3 years ago

In 2021, Adonis Industries changed its method of valuing inventory from the average cost method to the FIFO method. At December

Elena-2011 [213]

Answer:

Retained earnings under the Balance sheet

Explanation:

Making comparisons between the two inventory value when using FIFO or Average cost method=

63.0M - 47.1M = $15.9M

We see an increase in the ending inventory.

Thus, this increase in income has been unprecedented, and may not have been distributed to the shareholders of Adonis Industries. On the balance sheet journal entry this extra income would be indicted on the balance sheet on the retained earnings column for year 2021.

7 0

3 years ago

Read 2 more answers

Read the following actual bill. Sawtooth National Recreation Area and Jerry Peak Wilderness Additions Act Designates specified p

JulijaS [17]

The answer is "Amendments can be added to the bill in committee." This is because they can add some legal document to the bill and more programs to it. Programs such as building the subjects like cemeteries and funerals, forests, land transfers, parks, recreation areas, and trails.

8 0

3 years ago

Match each hypothetical country’s aging structure to its most likely economic situation.

worty [1.4K]

It should be noted that the aging structure data is important as it allows the rate of growth to be associated with the population in a country.

Your information is incomplete. Therefore, an overview of the topic will be given. There are typically three age structures which are:

The children who are under 15 years old.
The working-age who are between 15 - 64 years.
The elderly ones who are 65 years and older.

It should be noted that an aging population lower the labor-force participation and slows down economic development in the country.

Learn more about aging population on:

brainly.com/question/14540910

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3 years ago

Nash's Trading Post, LLC has assets of $4200000, common stock of $1000000, and retained earnings of $600000. What are the credit

Anastasy [175]

Answer:

The correct answer is $2,600,000.

Explanation:

According to the scenario, the given data are as follows:

Total Assets = $4,200,000

Common stock = $1,000,000

Retained earnings = $600,000

So, we can calculate the creditors' claims on their assets by using following formula:

Creditor's Claim on their Assets = Total Assets - ( Common stock + Retained earnings)

= $4,200,000 - ( $1,000,000 + $600,000 )

= $4,200,000 - $1,600,000

= $2,600,000

Hence, Creditors' claims on their assets will be $2,600,000.

3 0

4 years ago