Just going on a whim:
primary beneficiary?
Answer:true
Explanation: just took the test
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 4500
PMTthe actual end-of-year payment?
R interest rate 0.12
N 4 equal annual installments
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT=4,500÷((1−(1+0.12)^(−4))÷(0.12))
PMT=1,481.55
Answer:
$290,700
Explanation:
The amount of net sales on the income statement is computed as shown below;
Net sales = Sales revenue - Sales discount - Sales return and allowance
Net sales = $320,100 - $12,400 - $17,000
Net sales = $290,700
Answer:
$1,680,000
Explanation:
Based on the information given we were told that the fair value of the building was the amount of $1,680,000 which means that the amount that the company would record the building is the fair value amount of $1,680,000.
Therefore the amount that the company would record the building is $1,680,000.