Answer:
Instructions are below.
Explanation:
Giving the following information:
You expect to receive a payment of $600 one year from now.
A) Discount rate= 6%
We need to use the following formula:
PV= FV/(1+i)^n
PV= 600 / (1.06)= $566.04
B) Discount rate= 7%
PV= 600 / (1.07)= $560.75
C) The future value of a certain cash flow declines when the interest rate (discount rate) increases or "n" (time) increases.
Answer:
$45,000 revenue to be recorded
Explanation:
If the seller is purchasing the goods and service from customer at fair value of those goods, so will account for that purchase as separate transaction.
Computing overpayment as:
Overpayment = Amount paid - Fair value
where
Amount paid is $10,000
Fair value is $7,000
So,
Overpayment - $10,000 - $7,000
Overpayment = $3,000
Now,
Computing the Net revenue which should be recorded as:
Net revenue = Sale amount - Overpayment
where
Sale amount is $48,000
Overpayment is $3,000
So,
Net revenue = $48,000 - $3,000
Net revenue = $45,000
Answer:
inflation rates are unrelated to money supply growth.
Explanation:
purchasing power parity which is regarded as (PPP) is a macroeconomic analysis metric which gives comparison between economic productivity aas well as standards of living existing between countries. It can be regarded as economic theory which gives comparison of currencies of different countries using an approach of "basket of goods". The PPP theory can hold in reality for instance, when inflation rates are unrelated to money supply growth.
EXCEPT Group of answer choices monopolistic or oligopolistic practices in goods markets. restrictions on trade. the inflation data reported in different countries are based on different commodity baskets.
The answer to the given situation is "the result of this oversight is that the liabilities are understated".
We can define understated as if someone say to you that your account is understated, it means that either the amount is incorrect or the amount is too small or it is less than the actual or true amount. In the given case the entry was not made due the understatement of liabilities.
Answer:
C. increased diversification of Sierra Infusion.
Explanation:
The top management team at Sierra Infusion is concerned about the declining performance of firms in their industry. The team members are becoming concerned about the security of their jobs at Sierra Infusion. At a meeting over dinner, the top management team agrees to go to the Board of Directors with a proposal for increased diversification of Sierra Infusion.
