PLEASE HELPPP!! Human Resources class

Mustard's Inc. sold the rights to use one of its patented processes that will result in cash receipts of $2,500 at the end of ea

sp2606 [1]

Answer:

PV= $10,030.27

Explanation:

Giving the following information:

Cash flow= $2,500

Lump sum= $4,000

i= 9%

n= 5

First, we need to calculate the future value of the cash flows:

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {2,500*[(1.09^4) - 1]} / 0.09

FV= 11,432.82

Now, the total future value:

FV= 11,432.82 + 4,000= 15,432.82

Finally, the present value:

PV= FV/(1+i)^n

PV= 15,432.82/1.09^5

PV= $10,030.27

3 0

3 years ago

Sanford Corp. bought new technological systems to inspect the quality of products as they come off the production line. The expe

Lisa [10]

Answer: b. Appraisal cost

Explanation: Appraisal cost, also known as inspection costs, are those costs incurred by a company, as part of the quality control process, to detect defective products before the products are moved to the market, in order to meet consumers' expectations.

This is done because the losses that will be made when defective products are sold, outweigh the appraisal costs.

Therefore, Sanford Corp. has incurred appraisal cost in buying the new technological systems, knowing that if the quality of the Company's products is not up to consumer standards, the losses that will be incurred will surpass that of the appraisal cost.

4 0

4 years ago

Hi ig. I'm Damien- I was told I need to make more friends. Warning, I'm not always the nicest to my friends, but it's in a light

vesna_86 [32]

Answer:

yep

Explanation:

:-)

6 0

3 years ago

The August current year bank statement for Allison Company and the August current year ledger account for cash follow:

Gnom [1K]

The August current year bank statement for Allison Company and the August current year ledger account for cash follow is

1. Deposits in transit as on August 31 are $5,400.

2. Outstanding checks are $280 and $460 amounting to a total of $740 (280+460).

3. Bank reconciliation statement-

Particulars Amount ($) Particulars Amount ($)

Balance as per cash account* 22,475 Balance as per bank account 20,235

Add: Interest collected 2,550 Add: Deposits in transit 5,400

25,025 25,635

Less: Bank service charge (130) Less: Outstanding checks (740)

Adjusted book balance 24,895 Adjusted bank balance 24,895

*Balance as per cash account = 16,470+11,800+4,450+6,900+5,400-185-860-280-460-750-260-19,750

= 22,475

4. Journal entries-

S.No. Accounts titles and Explanation Debit ($) Credit ($)

1. Cash 2,550

Interest received 2,550

(To record the interest collected)

2. Bank service charges 130

Cash 130

(To record the bank service charges)

5. Balance sheet

Current assets

Cash and cash Equivalent 24,895

In accounting, a well-known ledger is used to fill all of an agency's transactions. inside a general ledger, transactional data is organized into assets, liabilities, sales, fees, and proprietor's equity. After each sub-ledger has been closed out, the accountant prepares the trial stability.

Ledger wallets are USB storage devices that hold more than one currency offline. It shops your non-public keys on the tool, making it tough for online hackers to get admission to your bills. If the bodily tool is stolen, customers depend upon a 24-word backup recovery word to get the right of entry to saved cryptocurrencies.

Learn more about ledger here brainly.com/question/1436327

#SPJ4

4 0

2 years ago

Which of the following is a typical outcome of free trade? Unrestricted international trade generally increases the overall pros

d1i1m1o1n [39]

Answer:

Unrestricted international trade generally increases the overall prosperity of poor countries.

Explanation:

According to my research on free trade agreements, I can say that based on the information provided within the question usually free trade or Unrestricted international trade generally increases the overall prosperity of poor countries. This is because it removes import and export barriers and allows for new markets to develop and an inflow of cash to come into the country. This is why free trade agreements were created even though it sometimes has an opposite effect like bad working conditions, job loss, and economic decline for some countries but these are very situational effects.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0

3 years ago