The answer in this question is 105,546 dollars. The present value of the annuity is ($60,000 × 1.75911) or 105,546 dollars. The formula to get the present value of annuity is $60,000 * 1.75911 so we can get an answer which is 105,546 dollars.
Answer:
D. 6
Explanation:
Results from online research its only 6 percent of private businesses move from start-up to success. This shows that a majority of start-ups fail. Failure may occur at any phases of the business.
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Don't put anything that doesn't match with your documents, anything that stretches the truth, expect attain for salary, and too long position descriptions. Also many think you are not capable of the responsibility if you use sloppy handwriting on a paper application.
A company is involved in a lawsuit for which the contingent liability is remote. The liability should be treated on the balance sheet as unrecorded and undisclosed.
On the balance sheet, the liability should be treated in a manner that is unrecorded and undisclosed:
- The balance sheet stands for a financial statement that communicates the book value of a particular organization.
- Contingent liabilities rely upon the outcome of an unlikely event.
- These contingent obligations become liabilities in the future.
- If the contingent liability happens to be remote, then it must not be reflected in the balance sheet.
- The liability should be treated on the balance sheet as unrecorded and undisclosed.
Therefore, if a company is involved in a lawsuit for which the contingent liability is remote then the liability should be treated on the balance sheet as undeclared and undisclosed.
Learn more about liabilities here:
brainly.com/question/24534918
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