Answer:
D) $26,688
Explanation:
The computation of the present value is shown below:
= Annual payment × PVIFA for 7 years at 6%
= $4,781 × 5.5824
= $26,688
Refer to the PVIFA table
Simply we multiply the annual payment with the PVIFA so that the accurate amount can come.
The present value is come after considering the discount rate for the given number of periods
Answer:
1.68
Explanation:
Calculation to determine what The current ratio for 2018 is
Using this formula
Current ratio=Current assets/Current liabilities
Let plug in the formula
Current ratio=$109,000/$65,000
Current ratio= 1.68
Therefore The current ratio for 2018 is 1.68
The average wedding costs 24,000$ "According to The Wedding Report, in 2010 the average wedding cost a little more than $24,000." found this in my study guide :) I hope it helps.
Answer:
EMBG Corporation
Balance Sheet
For year ending December 31, 2016
Assets: $376,000
- Cash $44,000
- Accounts receivable $28,000
- Equipment, net $304,000
Liabilities
Equity
- Common stock $130,000
- Retained earnings $186,000
Total liabilities + equity $376,000
net income = $326,000 - $44,000 - $116,000 - $42,000 = $124,000
retained earnings = previous balance + net income = $62,000 + $124,000 = $186,000
Answer:
Mix of debt and equity that would be used to finance the specific project.
Explanation:
This is the amount of capital that can raised which include examples like issuance of common stock.
