Answer:
$77,686
Explanation:
The IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.
To find the amount invested, discount the cash flows using the IRR.
∑ 40,000 / 1.1 + 50,000 / 1.1² = $77,686 (to the nearest dollar)
The amount invested is $77,686.
I hope my answer helps you
Withdrawing money from an ATM is a good example of how a transaction processing works.
<h3>What is money?</h3>
It should be noted that money simply means a medium of exchange or a means of payment that can be used to carry out a particular transaction.
In this case, withdrawing money from an ATM is a good example of how a transaction processing works.
Learn more about money on:
brainly.com/question/24373500
#SPJ1
Answer:
c) capitalize in the machine account
Explanation:
Since it is given that there is an improvement made to a machine due to which it increases the machine fair market value and at the same time it also increases the production capacity of 25% without extending the useful life of the machine
So as the question is talking about the improvement of the machine so the same is to be capitalized in the machine account
Hence, the option c is correct
When a budget is revised by adding a new quarterly budget to replace a previous one, this is a D. Rolling budget.
<h3>What is a rolling budget?</h3>
This is a type of budget that is considered continuous and perpetual because it captures the needs of the company over a longer period.
For instance, a rolling budget might be for a year but divided into 4 parts for each quarter such that as each quarter comes along, the company will simply start using the next quarterly budget.
Find out more on rolling budgets at brainly.com/question/23209198.
Answer:
Journal Entry
01 July Debit Investment $240 million Credit Bank $200 million Credit Discount on investment $40 million
31 Dec Debit Bank $7,2 Million Debit Discount on Bond $0.8 million Credit Interest Income $8 million
Debit Fair Value loss on investment $30 million Credit Investment $30 million
Explanation:
Interest is received semiannually
6%/2 = 3%
interest = $240 million * 3% =7,200,000
8%/2 = 4%
Interest market $200 million * 4% =8,000,000
Fair value loss = 240 million - 210 million
= 30 million loss because cost is greater than fair value
