Answer:
The entries are made as follows;
Explanation:
Oct 1. Petty Cash Dr.147
Cash Cr.147
Petty Cash (197-147) Dr.$50
Cash Cr.$50
Supplies Expense Dr.$24.69
Petty Cash Cr.$24.69
Miscellaneous Expense Dr.$14.99
Petty Cash Cr.$14.99
Postage Expense Dr.$14.99
Petty Cash Cr.$14.99
Freight Expense Dr.$5.39
Petty Cash Cr.$5.39
Answer:
An emergency fund should not be used for buying things you wan't, but an emergency fund should be used for buying the nessecities like things you need
Explanation:
Hope this helps!!! ✌
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<span>Absorbing markov chains are used in marketing to model the probability that a customer who is contacted by telephone will eventually buy a product. consider a prospective customer who has never been called about purchasing a product.</span>
Answer:
The answer is D). 1.15, hope this helps, have a great day/night, stay safe, happy thanksgiving!
Answer:
The NPV = $1578.185602 rounded off to $1578.19
As the NPV is positive, the project should be accepted.
Explanation:
The Net Present Value or NPV is a tool used to evaluate projects. It is used with various other tools to decide whether to undertake a project or not. To calculate the Net Present Value or NPV, we take the present value of the cash inflows provided by the project and deduct the initial cost of the project. If the NPV is positive, we should proceed with the project and vice versa.
NPV = CF1 / (1+r) + CF2 / (1+r)^2 + ... + CFn / (1+r)^n - Initial Cost
Where,
- CF1, CF2, ... represents cash flow in Year 1, Year 2 and so on.
- r is the required rate of return
NPV = 3200 / (1+0.17) + 3200 (1+0.17)^2 + 3200 (1+0.17)^3 +
3200 (1+0.17)^4 + 5700 (1+0.17)^5 - 9800
NPV = $1578.185602 rounded off to $1578.19
