Answer:
$,9789.97
Explanation:
Calculation to Find the payment (X) that he will receive at year 10
Using this formula
Let plug in the formula
Present Value = CF2/(1+r)^2 + CF6/(1+r)^6 + CF10/(1+r)^10 + CF4/(1+r)^4
Let plug in the formula
17,000 = 8,500/1.06^2 + 9,000/1.06^6 + X/1.06^10 - 3,000/1.06^4
Payment (X) = (17,000 - 13,909.61 + 2,376.28)*1.06^10
Payment (X) == $,9789.97
Therefore the payment (X) that he will receive at year 10 will be $,9789.97
Answer: d) Extreme programming
Explanation:
Extreme programming is one of the most significant programming improvement system of Agile models. It is utilized to improve programming quality and receptive to client's requirements. The extreme programming model suggests taking the prescribed procedures that have functioned admirably in the past in program improvement ventures to extreme levels. It also
tries to decrease cost of changes in requirements by having multiple short development cycles. Project are divided into smaller functions and developer cannot go to the next stage until it completes the current stage.
Answer:
Option B is correct for entry but value is wrong value should be $120
Explanation:
The options provided are not correct, where shares are issued at par value no additional capital is credited.
As the number of shares = 12,000
Par value per share = $0.01
Total par value = $0.01 
12,000 = $120
Therefore, issue of shares entry will be
Cash A/c Dr. $120
To Common Stock $120
Thus no option is correct, as for the entry option B is correct but the values are wrong.
Answer: $44,800
Explanation:
Given that,
Investment = $41,500
cash and equipment = $19,500
Office supplies purchases on credit = $220
Paid cash for the receptionist's salary = $2700
Cash received from selling custom frame service = $6000
Framing services = $350
Ending cash flow = Capital brought in by Larry Bar - Paid cash for the receptionist's salary + Cash received from selling custom frame service
= $41,500 - $2700 + $6000
= $44,800
Answer:
Option B
Explanation:
A bank makes profit when it gets more returns on the loan given as compared to the interest given on the deposited money.
Hence, option B is correct. In case A and C liability is greater than asset and hence this situation does not signify a profitable situation.
Also, option D is just the opposite of option B (profitable situation).
