Answer:
B. $215 million
Explanation:
The present value of the payment can be found by discounting each cash inflow by the 6% discount rate.
The present value can be found using a financial calculator:
The cash flow for year one = $89
The cash flow for year two = $58
The cash flow for year three = $42
The cash flow for year four = $32
The cash flow for year five = $25
All cash flows are in millions
I = 6%
NPV = $214.87 Million
I hope my answer helps you
These benefactors would earn around $600,000 USD per hour. Many poachers often earn a lot from wildlife trade because of its rarity. Many endangered animals like the elephants and rhinos are often hunted because of their ivory tusk which cost around $1,500 USD per pound. The greater the number they get the higher the price they received.
Answer:
From all indications,it is very clear that the question requires a journal entry to record the unpaid interest.
Dr Interest expense $1125
Cr Interest payable $1125
Explanation:
This is a typical case of an omitted entry in the books of accounts,specifically it relates year-end close accounting adjustments.
Under the accrual basis, which is prevalent in the private sector,expenses are to recorded when incurred not when they are settled in cash,as result it is imperative that the above transaction needs be adjusted by debiting interest expense account and crediting same amount to interest payable account to affirm that the company has an obligation to $1125 to mortgage providers.
Answer:
The answers are:
A) non cash investing and financing activity
B) financing activity
C) non cash investing and financing activity
D) financing activity
E) investing activity
F) operating activity
G) operating activity
Explanation:
- operating activity: relative to the functions of a business directly related to producing and selling goods or services
- investing activity: refers to buying and selling long-term assets and other investments
- financing activity: refer to transactions with creditors or investors used to fund company operations
- non cash investing and financing activity: refer to investing and financing activities that do not directly affect cash
