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lilavasa [31]
3 years ago
6

Present value is: a. The future value of a current amount of money evaluated at a given interest rate. b. The current value of a

future amount of money, or a series of payments evaluated at a given interest rate. c. The value of an amount of money at a specific future date that is equivalent to a specified sum of money today.
Business
2 answers:
emmainna [20.7K]3 years ago
8 0

Answer:

B) The current value of a future amount of money, or a series of payments evaluated at a given interest rate.

Explanation:

One of the basic premises of finance is that the value of money changes in time, i.e. one dollar today is worth more than one dollar tomorrow.

The present value refers to the current value of a future amount of money or a series of future cash flows. It can be calculated using the present value formula:

present value = future value / (1 + r)ⁿ

  • r = discount or interest rate
  • n = number of periods, e.g. years, months
  • future value = the nominal future value of the amount of money

for example, $100 received in 1 year using a 5% discount rate:

present value = $100 / (1 + 5%)¹ = $95.24 of today's money

pogonyaev3 years ago
3 0

Answer:

Explanation:

Present value is calculated as the discounted sum of either a fixed amount or a series of payments in the future, at a given interest rates.

For example, at an interest of 5%, $100 in 10 years will be valued at $100 / 1.05^10 = $61.39 today

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Answer:

five subject areas: English, mathematics, reading, science, and writing

7 0
3 years ago
Which of the following is not a role of accounting in business?
Kipish [7]

Answer:

The correct answer is letter "D": To personally guarantee loans of the business.

Explanation:

Accounting is the recording of financial transactions of a business or organization. It also includes the process of summarizing, analyzing and reporting these transactions -given a method- in financial statements. The financial statements that accountants create provide critical information for many key people such as managers, stakeholders, and the corresponding agencies of the government.

However, <em>securing a loan for a company will rely on the credit history of the institution which directly does not involve one of the functions of corporate accounting.</em>

5 0
3 years ago
Mike and Tom debone chicken breasts for Ted's Chicken Co. Mike is new and can only debone 30 chicken breasts per hour, while Tom
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Answer:

Their average hourly productivity as a team for chicken breasts will be

45.

Explanation:

Here, it is given that Mike and Tom debone chicken breasts for Ted' chicken company.

Mike debones 30 chicken breasts,

Meanwhile Tom is having his own experience in this work and knows how to calculate the hourly work

So, Tom allows Mike to debone only 60 chicken breasts per hour.

Now its mentioned that both Tom and Mike had worked 40hrs per week.

So, their average hourly productivity as a team will be:

                 frac\ {{30} +{60}} {2}

                    ⇒ 45

So, their average hourly productivity as a team for chicken breasts will be 45.

7 0
3 years ago
The board of commissioners of the City of Hartmoore adopted a General Fund budget for the year ending June 30, 2017, that includ
Aleks04 [339]

Answer:

The Journal entry at the beginning of the year is as follows:

Estimated revenue A/c                      Dr. $1,342,500

Estimated other financing sources-Bonds proceeds A/c Dr. $595,000

To Appropriations control                                                                     $960,000

To Appropriations-Other financing uses-operating transfer outs     $532,500

To Budgetary fund Bal.                                                                        $445,000

(To record entry at the beginning of the year)

8 0
3 years ago
When Fisher-Price comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke
Dmitriy789 [7]

Answer:

The correct answer is Product Development Stage.

Explanation:

If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.

6 0
3 years ago
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