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Answer: Option (C)
Explanation:
SWOT analysis is defined as or referred to as a strategic planning process that is used in order to help an individual or a company identify the strengths, opportunities, weaknesses, and threats that are related to their business competition or the project they are planning. It is mostly intended in order to specify objectives of a business project or venture and thus identify external and internal factors which are unfavorable and favorable in order to achieve these objectives.
Answer:
$100
Explanation:
The present value of a cash flow can be found by discounting the cash flow at the annual interest rate.
The formula for finding present value can be found in the attached image.
The present value can be calculated using a financial calculator.
Cash flow in year one = 0
Cash flow in year two = $121
Discount rate = 10%
Present value = $100
I hope my answer helps you
Answer and Explanation:
The two adjusting entries are as follows:
On May 31
Rent expense ($1,200,000 ÷ 5 months) $240,000
To Prepaid rent $240,000
(Being rent expense is recorded)
Here the rent expense is debited as it increased the expenses and credited the prepaid rent as it decreased the assets
On May 31
Unearned rent revenue Dr $148,800
To Ticket revenue $148,800
(Being unearned revenue is recorded)
Here the unearned rent revenue is debited as it decreased the liability and credited the ticket revenue as it increased the revenue
Answer:
cost of goods available for sale= $220,000
Explanation:
Giving the following information:
Beginning inventory of $80,000
Purchased merchandise for $140,000
<u>To calculate the cost of goods available for sale, we need to use the following formula:</u>
<u></u>
cost of goods available for sale= beginning inventory + purchase
cost of goods available for sale= 80,000 + 140,000
cost of goods available for sale= $220,000