Answer:
Present value of annuity = $102,785.2
Explanation:
<em>An annuity is a series of cashflow expected to be received or paid yearly for a certain number of years</em>
The present value of annuity = A×( 1 - (1+r)^(-n) )/r
Where A is the annual cash flow= 25,000
n- number of years = 6
r- rate per period = 12%
25,000 × 1- (1.12)^(-6)/0.12
25,000× 4.111=$102,785.2
Present value of annuity = $102,785.2
Answer:
Income statement.
Revenue 900
Expenses 1.000
Loss -100
Explanation:
(1) $900 worth of services were performed and billed but not collected at May 31
Accounting guideline requiring that revenues be shown on the income statement in the period in which they are earned, not in the period when the cash is collected.
(2) $1,000 of gasoline expense was incurred but not paid.
In accrual accounting, the revenue recognition principle states that expenses should be recorded during the period in which they are incurred, regardless of when the transfer of cash occurs
Organizational culture are simply regarded as a system of shared beliefs and values that rises within an organization and shapes the behavior of its members.
- The benefit of division of labor is that complex tasks can be parceled out to specialists, improving productivity, which results in greater efficiency.
Division of labor or simply called work specialization is the sharing of work among employees of an organization.
It allows arrangements of work so as to have greater efficiency, complex work effort to be divided out and performed by experts and also task is done by different people.
Conclusively, Division of labor involves sharing work bit by bit to expert of an organization who perform the job with greater efficiency.
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Answer:
well, sell 2000 canoes per year at 460.... and de rest?
Answer:
Calcium carbonate reacts w/stomach acid according to the following chemical equation.
CaCO3+2HCl(aq)-> CaCl2(aq)+H2O(l)+CO2(g)
