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Elenna [48]
3 years ago
13

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

Business
1 answer:
Dennis_Churaev [7]3 years ago
6 0

<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>

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Your company emphasizes the important of conserving (not wasting)
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Your answere would be A, Use the Print option for two-sided printing.
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3 years ago
Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount repor
Brrunno [24]

Answer:

the  cash and cash equivalents is $15,800

Explanation:

The computation of the cash and cash equivalents is given below:

= Cash deposit + U.S. Treasury bill due in 1 month + currency and coins

= $7,000  + $7,000 + $1,800

= $15,800

hence, the  cash and cash equivalents is $15,800

The same is to be considered and relevant

5 0
3 years ago
Tasty Subs acquired a delivery truck on October 1, 2018, for $19,500. The company estimates a residual value of $2,100 and a six
dem82 [27]

Answer:

The question is calculating the depreciation expense using straight-line method for 2018 and 2019?

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Yearly Depreciation expense = (Original cost - Salvage value) / Useful life = (19,500 - 2,100) /6 = $2,900.

For 2019, depreciation expense is recorded for the full-year at $2,900.

For 2018, depreciation expense is recorded for only three months ( as delivery truck was bought on Oct 1st 2018), which is calculated as: Yearly Depreciation expense / 12 * 3 = $725.

So, the answer is:

Depreciation expenses for 2018: $725;

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3 0
3 years ago
When Whitney took over her father's sporting goods store, she evaluated some of her father's vendor relationships. She found tha
kolezko [41]

Answer:

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Explanation:

For two companies to maintain a strategic relationship, there must be open communication.  Whitney displayed correct understanding of this ingredient for strategic relationships.

That was why she was open enough to work out a more amicable relationship with Rodney.  She discussed her sales goals and new ideas for the business.  On Rodney's part, he showed no interest.  He was not ready to discuss his own sales goals.

Rodney lost a golden opportunity offered by Whitney by opening up communication.  He should have embraced the chance to bring up his concerns and discuss his goals openly, unless he is hiding something.  He could be deliberately overcharging on price.  These comments remain mere guesses as Rodney failed to open up.

7 0
3 years ago
Determine the finance charge on a 8,000 loan with a monthly payment of 162,80 for 60 months
Fittoniya [83]
Well 162,80 divided by 8,000 is 2.035 so thats going to be your answer hope this helps
5 0
3 years ago
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