Answer:
Dr. Truck $80,869
CR. Note Payable $80,869
Explanation:
Note issued is a liability instrument. It is a promise of payment f principal amount and interest after a specific period of time. Zero interst interest bearing not does not offer any interest payment but it is issued at a discounted price . Present value of Note payable is the value that should be recognised as a cost of the truck.
Now calculate the present value of the Note.
PV of Zero coupon bond = FV / ( 1 + r )^n
Where
FV = FV maturity value of the note = $118,400
r = Interest rate = 10%
n= numbers of period = 4 years
Placing Values in the formula
PV of Zero coupon bond = $118,400 / ( 1 + 10% )^4
PV of Zero coupon bond = $80,869
Answer:
2. Stakeholders can potentially impact project development.
Explanation:
Stakeholders -
It refers to a party , which is interested in a company and the business can affect the stakeholder or the stakeholder can affect the business , is referred to as a stakeholder.
The type of primary stakeholder are , the suppliers , customers , employees and the investors.
The stakeholder have the capability to affect any project .
Hence , from the question,
The correct option is 2.
Adam Smith's invisible hand theory is the concept that in a market where people are free to buy and sell as they please, buyers will buy goods that sellers offer at prices that work for all parties.
