Answer:
TRUE The Statement is correct
Explanation:
We need to add up both advertizement contract to knwo the total acquisition cost of the advertizement.
<u>First contract cost:</u>
365 daysper year / 7 dayts per week = 52 week per year
52 week per year x $20 dolllar per weke = $1,040
<u>Second contract cost:</u>
12 months per year x $100 per month = $1,200
Total acquisition cost: 2,240
Answer:
$44,955.10
$38,131.84
Explanation:
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Investment X
Cash flow each year from year 1 to 9 = $6900
I = 7%
PV = $44,955.10
Investment Y
Cash flow each year from year 1 to 5 = $9300
I = 7%
PV = $38,131.84
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
a.a debit to Cash Dividends for $120,000.
Explanation:
The amount of dividend paid is dependent on two function; the number of shares and the amount declared for payment per share.
When it is paid, a credit is posted to cash account and the corresponding debit is posted to the dividend paid account.
As such, since the company has 80,000 shares and the declared dividend was $1.50,
Total dividend paid = $1.50 × 80000
= $120,000.
Hence cash dividend is debited with $120,000 on payment.
Answer:
The definition of a flame is burning gas, fire or blaze, or a strong passion. An example of a flame is a fire from a lighter. An example of a flame is an intense desire for a particular person.
Explanation:
Answer:
c. corporate officers.
Explanation:
In the case when the potential obligation is to be avoided for any misconduct while having operations in the corporate so the directors could refrain from the supervision of the delegated work to the corporate officers so that the work could not harm that result in help in attains the goals & objectives
Therefore the option c is correct
