3 years ago

How often do most entrepreneurs

Business

1 answer:

madam [21]3 years ago

7 0

Answer:

B. they spend every other day making decisions, because with every passing day trends changes.

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4 years ago

On September 1, a company established a petty cash fund of $230. On September 10, the petty cash fund was replenished when there

storchak [24]

Answer:

September 1, petty cash fund is established

Dr Petty cash fund 230

Cr Cash 230

September 10, petty cash expenses

Dr Supplies expense 53

Dr Postage expense 80

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September 10, petty cash is replenished

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3 years ago

Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $8,000 a year for the next

Allushta [10]

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b. $5,360

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Using a financial calculator with CF function, find the Net present value (NPV) of this projects cashflows;

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Yr 1 cash inflow; C01 = 8,000

Yr 2 cash inflow; C02 = 8,000

Yr 3 cash inflow; C03 = 8,000

Yr 4 cash inflow; C04 = 8,000

and annual interest rate; I/Y = 10%

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Therefore, the NPV will be closest to $5,360

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