Answer: Be undertaken because the rate of return is 5 percent greater than the interest rate
Explanation:
Given the following ;
Revenue increase = $10,000
Cost of machine = $8,000
Calculating the Rate of Return on the investment ;
FV = PV × (1 + r)^n
FV = Revenue increase = $10,000
PV = Cost of machine = $8000
n = period = 1 year
r = rate of return
$10000 = $8000 × (1 + r) ^1
1 + r = $10,000 ÷ $8,000
1 + r = 1.25
r = 1.25 - 1
r = 0.25 = 25 %
Interest rate = 20%
Rate of Return on investment = 25%
Rate of Return is 5% greater than interest rate
Answer:
1. Debit Utilities Expense $215; credit Accounts Payable $215.
Explanation:
The adjusting entry is as follows
On December 31
Utilities Expense A/c Dr $215
To Accounts Payable A/c $215
(Being the accrued utilities expense is recorded)
Since the utility is an expense so it would be debited to the utility expense and the payment is not made till yet that would become a liability so we credited the account payable
Percy Gray was focusing on the features of the camera. This would provide the intended output of a subject. Also, it would give versatility on taking pictures. Limited features cannot bring out better photo result. He learned that he would improve if himself gave that he has this kind of camera.
I think it's one and four but not so sure?
Did that help?
Answer:
The answer is letter D. Cognitive Dissonance
Explanation:
When people act contrary to their self-perceptions as reasonable and sensible people, they experience a feeling known as _cognitive dissonance_______.