the earliest is the year the year 2018 and the first time one was invented was 1804! crazy huh it is really funny tho... hope this helps!
Answer:
This question has a missing information. I have found the complete version and pasted it down below;
"Your neighbor offers you an investment opportunity, which will pay a single lump sum of S2,000 five years from today. The investment requires a single payment of <em>$1,500 today</em>. The return on the investment is % A. 4.195 B. 4.729 C. 5.361 D. 5.922 E. 6.961 "
Explanation:
This question requires you to find that discount rate given a single future cashflow. $2,000 is expected 5 years from today, hence the future value. $1,500 payment today is the dollar value today, hence the Present value.
Using a financial calculator, you will key in the following inputs;
Total duration; N = 5
Present value; PV = -1,500 (it's a cash outflow hence negative)
Recurring payment; PMT = 0
Future value; FV = 2,000
then find the rate by keying in CPT I/Y = 5.922%
Therefore, the return on the investment is 5.92%
Answer:
Explanation:
When preparing tax returns, a company uses different rules from those used to prepare financial statements.
Answer:
The correct answer is the option E: Obtaining additional equity is dependent on the owner's personal finances.
Explanation:
To begin with, a <em>sole propietorship</em> is the name given to a type of company whose main characteristic is that <em>the ownership belongs to a single person</em> and that<u><em> there is no distinction between that person and the company</em></u>, therefore that the owner obtains all the profits but also has unlimited responsibility for all losses and debts.
Secondly, it is understandable that for this type of company it is difficult to obtain financing and that can only be done by two ways: debts or equity. Moreover, in order to do that, <em>the owner's personal finances have to go well according to the fact that the owner is equal to the entity</em> and therefore there is no distinction from the finances of both.
Accounting software?????????????????
