Answer:
the present value is $4,316.35
Explanation:
The computation of the present value of given cash flows is shown below:
Present value is
= Cash flows at year 1 ÷ (1 + rate of interest) + Cash flows at year 2 ÷ (1 + rate of interest)^2 + Cash flows at year 3 ÷ (1 + rate of interest)^3 + Cash flows at year 4 ÷ (1 + rate of interest)^4
= $880 ÷ 1.08 + $1,250 ÷ 1.08^2 + $1,510 ÷ 1.08^3 + $1,675 ÷ 1..08^4
= $4,316.35
Hence, the present value is $4,316.35
Answer:
e. $3,200
Explanation:
According to accrual concept the expense which is incurred but not been paid should be recorded in the same period when it is accrue.
At the end of the period only 4 days from Monday to Friday is pased for which the wages have not been paid. The expense is accrued and unpaid.
Pay per day = $800
Pay for 4 days = $800 x 4 = $3,200
Answer: The managers of Kendall’s Home Decorators are making a projection for the future, also known as a <em><u>forecast.</u></em>
<em>Forecasting is know as the technique of predicting future supported on past and present event or data , commonly done by analyzing trends. </em>
<em>Here in this case the managers of Kendall’s Home Decorators are predicting the demand.</em>
<u><em>Therefore the correct option is (a)</em></u>
During the process of making financial decisions, the three primary decisions are spending, saving, and <u>planning</u>.
What is a financial decision?
A financial decision can be defined as a strategic process through which an individual or business firms save, plan, and decides on how to spend its revenues over a specific period of time.
This ultimately implies that, the three primary decisions during the process of making financial decisions include the following:
Read more on financial decisions here: brainly.com/question/12482082
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Answer:
The answer your looking for is option A - Process costing would be appropriate for a jeweler who makes custom jewelry to order.
