Answer:
the option of $200,000 because the value of 1400 for 20 years every monthy is only 195,413.
Explanation:
To determine which is better, we compare the value of $200,000 with the future value of $1400 per month for 20 years at 6 per interest.
The formula for calculating the future value of annuities is as follows
PV = P × ( 1 − (1+r)−n)/ r
P V= present
P= $1,400
r =6 % or 0.06 % or 0.005 per month
n = 20 years or 240 periods
PV = $1400 x ( 1-(1+0.005]-240)/ 0.005
P= $1400 x (1-0.3020961415)/0.005
P =$1400 x (0.697903859/0.005)
P= $1400 x 139.5807718
P=$195,413.078
The future value of $1400 at 6 percent for 20 years is $195,413, which is less than $200,000.
Answer:
B. Capital budgeting is the process of planning and managing a firm's short-term investments
Explanation:
Capital budgeting is the process a business undertakes to evaluate potential major projects or investments
Answer:
a writ of attachment
Explanation:
Based on the scenario being described within the question it can be said that this is a request for a writ of attachment. This term refers to a court order made to "attach" or seize an asset, and is made in order to satisfy a judgement issued by the court. Such as in this case the the asset being seized would be Francie's property.
Answer:
(A) $390,000
Explanation:
Under LIFO method as the name suggests "Last In First Out"
the goods purchased in Last that is latest are sold first, that is goods purchased in 2015 will be sold first, therefore in the given case at the end of 2014 using LIFO we have,
Balance = $390,000
Because balance of goods purchased in 2014 i.e. $756,000 is sold first in 2014 remaining inventory at year end will be of 2013
Correct option is
(A) $390,000
Answer:
Answer is A
Explanation:
They are trying to get the word out to many people so their business grows. So they are using mass communication to do so.