Answer:
The value of n is 16
Explanation:
Note: Organized table is as attached
Present Worth of Cash-inflow = Present worth of Cash Outflow
$1 [(1+i)^n -1 / i(1+i)^N] = $35.95[1 / (1+i)^n]
$1 [ (1+0.10)^n - 1/ 0.10(1+0.10)^n] = $35.95[ 1 / (1+0.10)^n]
$1 [ (1.1)^n - 1 / 0.10(1.1)^n] = $35.95 [1/(1.1)^n]
Let (1.1)n be x
[x-1/x] = [$35.95 * 0.10 / $1] * [1/x]
[x-1/x] = 3.595[1/x]
x - 1 = 3.595
x = 3.595 + 1
x = 4.595
(1.1)^n = 4.595
<u><em>Take log on both side</em></u>
nlog (1.1) = log (4.595)
n(0.041392685) = 0.662285515
n = 0.662285515 / 0.041392685
n = 16.000062
n = 16
Thus, the value of n is 16
Answer:
The answer is A.
Explanation:
a. subtract the balance of Allowance for Doubtful Accounts from Accounts Receivable
, because
the account receivables is an asset account, so must be subtracted the allowance of doubtful receivables, which functions as a regularizing account of the asset.
Option B is not appropriate since it subtracts the expense recognized in the period and not the total forecast
.
and option C and D <em><u>add </u></em>the receivables that are considered doubtful or uncollectible, so it is not appropriate either.
Answer:
A)Tax preparation
Explanation:
Gross domestic product is the sum total of all goods and services produced by a country within a given period.
Goods are tangible products that are produced by the country and in this scenario includes photographs, reclining chairs, and photographs.
Services on the other hand are those intangible actions that produce value to the end user. An example of service is tax preparation.
If an individual requires his taxes to be prepared but does not have the skill to do it. They will hire someone to do it and pay for the service.