Answer:
The correct answer is option d.
Explanation:
Sam is planning to start a pool cleaning company from his home.
He has decided on a radius of 30 miles from his home as a region of operation.
He found that 43% of the homes in the region have a swimming pool.
There are 36,248 homes within a 30-mile radius of Sam’s home.
The amount of potential customers Sam has
= 
= 15,586.64
So, Sam has approximately 15,587 potential customers.
Answer:
Following would be the journal entries in the books of Elizabeth Procter,
On July 1, 2013.
Notes Receivable A/C Dr. $80,000
To Equipment A/C $80,000
(Being equipment sold against notes receivable being recorded)
On June 30, 2014
Notes Receivable A/C Dr. 9600
To Interest Revenue A/C 9600
(Being accrued interest on notes receivable recorded)
On Sept 2014,
Cash A/C Dr. 92,000
To Notes Receivable A/C $80,000
To Interest Receivable A/C $9600
To Interest Revenue A/C $2400
(Being notes receivable and interest received receipt being recorded)
Interest Revenue refers to the income which has been earned as on a date.
Interest Receivable refers to the income which has not been received and which has been outstanding.
It is a list of assets or it could detailing the balance of income of a business for a period of time.
I don’t know if your supposed to use vocab or something but it would make you a responsible person in my opinion. Hope this helps:)
Answer:
$156 million
Explanation:
The computation of the value of the project is shown below:
Value of the Project = Present Value of Incremental cash Inflows - Upfront Cost
where,
Present Value of Incremental cash Inflows equals to
= (Incremental Cash inflows) ÷ (Discount rate - Growth rate)
= ($50 million) ÷ (12% - 3%)
= ($50 million) ÷ (9%)
= $556 million
Now the value of the project is
= $556 million - $400 million
= $156 million
