Answer:
Note: The full question is attached below
Date Accounts Title and Explanation Debit Credit
Mar-31 WIP-Fermenting Department $15,971
Raw Material Inventory $9,288
Wages payable $3,305
Manufacturing Overhead $3,378
(Being cost assigned to WIP-Fermenting department)
Answer:
on your goal or achievement
Answer:
$519,799.59
Explanation:
Discount rate = R = 14.50%
Year Cash flows Discount factor PV of cash flows
1 218,000.00 0.873362 190,393.0131
2 224,000.00 0.762762 170,858.6793
3 238,000.00 0.666168 <u>158,547.9011</u>
Total of PV = NPV = <u> $519,799.59</u>
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Note:
Df = 1/(1+R)^Year
PV of cash flows = Cash flows x Df
Nothing. The sentence is fine as it is.
