Answer:
$3,663.17
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $150,000 + $6,000 = $156,000
Cash flow in year 1 to 5 = $36,000
Cash flow in year 6 = $36,000 + $23,000 = 59,000
i = 12%
NPV = $3,663.17
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
1) <u>Calculating the interest amount at September 17, (using 360 days a year)</u>
Total Through Maturity
Principal $9,500
Rate 8%
Time 180/360
Total Interest $380
2) Preparing the Journal Entries for above transactions
<u>Date</u><u> </u><u>General Journal </u><u> </u><u>Debit </u><u> </u><u>Credit</u>
Mar 21 Notes receivable-T Jackson $9,500
Account receivable-T Jackson $9,500
Sept 17 Accounts receivable-T Jackson $9,880
Notes receivable-T Jackson $9,500
Interest Revenue $380
Dec 31 Allowance for Doubtful Accounts $9880
Accounts receivable-T Jackson $9,880
Explanation:
Answer:
The price would definitely increase
Explanation:
Inferior good are good that of low quality which are consumed by low income earners and with an increase in the income of the consumer of an inferior good, the demand for the good reduces.
Note: the demand for inferior good reduces because of increase in consumers income, so this has nothing to do with the price.
On an economic sense, increase in cost of production, will definitely lead to an increase in the price of the goods produced.
Answer:D. Cost- based pricing
Explanation:
This is when a fixed percentage is added to the cost of goods sold in determining the sales price. This guaranteed the cost are not only covered, but profits are also guaranteed on the transaction.
Answer: Behavioral addition
Explanation:
The behavioral addition is one of the process that helps in understand the behavior of an organization in terms of performance, change in the policies and productivity the firm.
It is also refers to the process performing the new behavior in an organization by the employees or the manager.
According to the given question, Trisha is the new CEO of the manufacturing firm and she introducing the various types of new policies for the purpose of improving the performance of the company.
Therefore, Trisha is using the behavioral addition for illustrating the given scenario.
