Answer:
C. A lump sum of $70,000 today.
Explanation:
C.- Because the if the cash is received today then you will don't have to discounted at all.
The other option puts the 70,00 in the future, so the present value will always be lower than 70,000 today under normal condition.
The answer is
debit work in process inventory $140,000; debit factory overhead $24,000; credit raw materials inventory $164,000
Answer:
True
Explanation:
An "entrepreneur" is a person who operates a particular business. The business may include <em>selling goods, stocks and related items. </em>
An <em>ideal/good entrepreneur</em> possess several qualities such as being <em>honest, helpful, caring, prudent, determined, industrious, strategist, innovative, etc.</em> He knows that operating a business is not always successful and there'll be rough times. Thus, it is essential for him to possess the qualities to be successful in what he's venturing. He may also consider the loss of his business as part of his learning.
Answer:
$628.49
Explanation:
Cash flows Discount factor Future value
$100 1.1449 $114.49
$200 1.07 $214
$300 1 $300
Future value $628.49
The discount factor is as follows
= (1 + interest rate)^number of years
For $100 the year is 2
For $200 the year is 1
For $300 the year is 0