Answer:
Adjustments for enterprise fund-basis statements from their original modified accrual basis would not be included in the required reconciliation of the Governmental Fund Balance Sheet to the governmental activities Statement of Net Position.
The future worth of money that is invested currently can be calcualted through the equation,
F = P x (1 + i)^n
where F is the future worth, P is the present worth, i is the interest, and n is the number of years.
a. F = (5,000)(1 + 0.09)^2 = $5,940.5
b. F = (5,000)(1 + 0.06)^3 = $5,955.08
c. F = (5,000)(1 + 0.03)^6 = $5,970.26
Hence, the answer to this item is letter C.
C. Discretionary is something purchased that is not necessary. You have the decision to buy or not buy. You might want it, but do. Not NEED it.
Answer:
2 days freight
Explanation:
The computation is shown below:
The compression is done by considering the holding cost
Holding cost = 2,125 items shipped × $9 per unit
= $19,125
Time Savings = 3 days
Now
Holding Cost for 3 days = $19,125 × (3 days ÷ 365 days )
= 157.19
This is more than than the given amount i.e $145
Therefore, it is advisable to go for 2 days freight as it contains the less amount as compared to 5 days