Answer:
$519,799.59
Explanation:
Discount rate = R = 14.50%
Year Cash flows Discount factor PV of cash flows
1 218,000.00 0.873362 190,393.0131
2 224,000.00 0.762762 170,858.6793
3 238,000.00 0.666168 <u>158,547.9011</u>
Total of PV = NPV = <u> $519,799.59</u>
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Note:
Df = 1/(1+R)^Year
PV of cash flows = Cash flows x Df
Answer:
PV= $9,355.78
Explanation:
Giving the following information:
If $ 9,000 is invested in a certain business at the start of the year, the investor will receive $ 2,700 at the end of each of the next four years.
Interest rate= 6%.
First, we need to find the final value
FV= {A*[(1+i)^n-1]}/i
A= payment
FV= {2,700*[(1.06^4)-1]}/0.06= 11,811.46
Now, we calculate the present value:
PV= FV/(1+i)^n
PV= 11,811.46/1.06^4= $9,355.78
Answer:
Yes, Amelia responsible for the $75,000
Explanation:
It is given that Kendra and Amelia are jointly operating the art gallery, they are working together as a partnership. If a person does any work in the partnership business, other has full responsibility for partnership.
In the given question Kendra Has embezzled a $75,000 government grant, which will be responsible for partnership business but in the absence of Kendra, Amelia will also be responsible for all this.
There are different kinds of activities. The process of undertaking activities to enhance and service a sponsorship once a sponsorship deal has been agreed to
<h3>What are sponsorship activities?</h3>
Sponsorships are is known to be the financial or also called an in-kind support of any kind of activities.
Businesses often sponsor things such as events, trade shows, groups, etc. so that they can reach also their business goals and boast their competitive advantage.
Learn more about sponsorship activities from
brainly.com/question/9433922
Answer:
<h2>Post-Closing trial balance is usually prepared after the closing entries are posted to the ledger account.Hence,the correct answer is the third option or after closing entries are posted to the ledger accounts.</h2>
Explanation:
In Accounting,the main objective of preparing a post-closing trial balance is to ensure the completion and closure of all the temporary accounts and the equality between all the debit and credit entries have been consistently established once the closing entry has been done.Once the closing entries have been put into journal and finally posted in ledger,a detailed account or list of all the individual accounts along with their respective balances is prepared which is basically known as Post Closing Trial Balance Account.It includes all the unbalanced accounts from the original trial balance or the accounts which are not balanced based on debt and credit entries,at the end of the accounting or reporting year.Therefore,post-trial balance basically ensures that all the accounts entered in the original trial balance are zero balance or the debit and credit entries of all the individual accounts in trial balance are balanced or equal.
