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goldfiish [28.3K]
2 years ago
5

Please help me thankssss !!!!

Business
1 answer:
fredd [130]2 years ago
7 0

Answer:

Money owing to bank, Motor Van, Stock of goods

Explanation:

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Which of the following is true about finding the present value of cash flows? Finding the present value of cash flows in future
Neko [114]

Answer:

The correct answer is A: %70,154

Explanation:

Giving the following information:

True: Finding the present value of cash flows in future years tells you how much you would need to invest today so that it would grow to equal the given future amount.

What is the value today of a $158,000 cash flow expected to be received 12 years from now based on an annual interest rate of 7%?

We need to use the following formula:

PV= FV/(1+i)^n

FV= final value

i= interest rate

n= number of years

PV= 158000/(1.07^12)= $70,154

3 0
3 years ago
Claremont Company specializes in selling refurbished copiers. During the month, the company sold 180 copiers at an average price
Bess [88]

Answer:

B

Explanation:

Since the average copier was sold $3000

Budgeted 175 copier was sold $3200

Therefore $3000+$3200= $6200

6200*180=$1116000

We subtract it from the 180*$3000=$54000

$1116000-$540000

=$576000

4 0
3 years ago
Sunland Company compiled the following financial information as of December 31, 2017: Service revenue $842000 Common stock 17700
posledela

Answer:

555,000

Explanation:

Sunlad assets on December 31 2017 can be calculated as follows

= equipment + cash + supplies + account receivables

= 229,000 + 203,000 + 33,000+ 90,000

= 555,000

Hence Sunland total assets in December 31 2017 is 555,000

7 0
3 years ago
Read 2 more answers
The situations presented here are independent of each other. For each situation, prepare the appropriate journal entry for the r
77julia77 [94]

Answer:

1. April 30

Dr Bonds payable $158,000

Dr Loss on redemption of bonds payable $18,486

Cr Discount on bonds payable $15,326

Cr Cash $161,160

2. June 30

Dr Bonds payable $179,000

Dr Premium on bonds payable $14,320

Cr Gain on redemption of bonds payable $23,270

Cr Cash $170,050

Explanation:

1. Preparation of the appropriate journal entry for the redemption of the bonds.

April 30

Dr Bonds payable $158,000

Dr Loss on redemption of bonds payable $18,486

($161,160+$15,326-$158,000)

Cr Discount on bonds payable $15,326

($158,000-$142,674)

Cr Cash $161,160

($158,000*1.02)

(To record redemption of bonds)

2. Preparation of the appropriate journal entry for the redemption of the bonds.

June 30

Dr Bonds payable $179,000

Dr Premium on bonds payable $14,320

($193,320-$179,000)

Cr Gain on redemption of bonds payable $23,270

($179,000+$14,320-$170,050) .

Cr Cash $170,050

($179,000*.95)

(To record redemption of bonds)

6 0
2 years ago
Choose the best inference based on the following statement from a corporation president: “Our employees are the greatest resourc
lord [1]
If this question has the same choices like the previous ones posted here, then the answer would be letter letter C. <span>The speaker is willing to improve workplace safety.
</span><span>
Choices to this question are:
a. The speaker is an environmentalist and wants to preserve resources.
b. The speaker is concerned that employees will be lazy.
c. The speaker is willing to improve workplace safety.
d. The speaker will not allow OSHA or the EPA to inspect their job site.</span>
4 0
2 years ago
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