Answer:
The statement is: True.
Explanation:
Installment payments are those paid on a regular basis as part of the terms of a loan. A debtor requires a loan to the creditor who after an evaluation determines if the debtor is approved or not. If approved, the debtor commits to make regular installments that partly cover the principal of the loan and the interest rate inherent of the amount borrowed.
Answer:
The company issued common stock for $250,000. Management expects to use the proceeds to purchase land next year.
- Cash flows from financing activities increased by $250,000. Cash flows from investing activities are not affected during this year (they should decrease next year).
A new office building was purchased by issuing a $700,000 long-term note payable to the seller.
- Cash flows from financing activities increased by $700,000. Cash flows from investing activities decrease by $700,000.
A-2-Z acquired equipment from one of its suppliers. In exchange, A-2-Z offers to provide design services to its supplier over the next two years. The services are valued at $90,000.
- Cash flows from financing and investing activities are not affected since this transaction is part of operating activities.
Answer:
The present value of $4,300=$3,624.13
Explanation:
The present value is always used to estimate the value of an asset be it financial or financial equivalents to determine their current value accounting for annual interest rates. Continuous compounding is the mathematical limit that can be reached if it's calculated and reinvested into an account's balance over a theoretically infinite number of periods. The formula is expressed as;
F.V=P.V×e^(i×t)
where;
F.V=future value
P.V=present value
e=mathematical constant approximated as 2.7183
i=stated interest rate
t=time in years
In our case;
F.V=$4,300
P.V=unknown
e=2.7183
i=5.7%=5.7/100=0.057
t=3 years
replacing;
4,300=P.V×e^(0.057×3)
4,300=P.V×e^(0.171)
1.1865 P.V=4,300
P.V=4,300/1.1865
P.V=3,624.13
The present value of $4,300=$3,624.13
Answer:
N= 15
FV= 1,000
PV= 974
I= 4.03
Compute PMT
Put these values in a financial calculator
PMT = 37.9
Explanation:
Answer:
The correct answer is True.
Explanation:
Cost allocations move costs and revenues between cost types, cost centers and cost objects. You can define as many assignments as you need. Each assignment consists of:
- An origin assignment.
- One or more assignment destinations.
The allocation source establishes what costs should be allocated, and the allocation destinations determine where the costs should be allocated. For example, an origin of allocation may be the costs of the type of cost Electricity and Heating. Assign all electricity and heating costs to three cost centers: Workshop, Production and Sales. These cost centers are the allocation destinations.
For each assignment source, you can define an assignment level, a validity period and a variant as a group identifier. You can use a batch job to define filters to select assignment definitions and then run cost assignments automatically.
