Answer:
the gift shop must recognize 31 days of accrued interest payable, total interest = principal x interest rate x time passed
= $50,000 x 12% x 31/365 days = $509.59
the adjusting entry should be:
December 31, accrued interest on note payable
Dr Interest expense 509.59
Cr Interest payable 509.59
You should measure the inputs to a restaurant process in customers and the outputs in dollars is a false statement.
<h3>What is the flow of a restaurant?</h3>
This is known to be called the patron's flow and it is one that tends to originate from the entrance to the table of the host, and also to the restrooms as well as the back out.
Note that Flow is seen as a form of volumetric flow rate and it is one that is simply known to be the volume of fluid that moves per unit of time.
Therefore, saying that you should measure the inputs to a restaurant process in customers and the outputs in dollars is a false statement.
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Answer: Present value of the cash flows of the company is $1,158,824.
Explanation: Philips industries have the cash flow for $197,000. The industry needs to find the present value of the cash flow and the cash flows growth is decreasing every year by 6%.
The present value of the cash flows for perpetuity with decreasing growth rate is:

where, Cash flow for the year 1 (C1) = $197,000
Discount rate (r) = 11%
Growth rate (g) = -6%
![Present value of the cash flows (PV) = $197000/[0.11 - (-0.060)]](https://tex.z-dn.net/?f=%20Present%20value%20of%20the%20cash%20flows%20%28PV%29%20%3D%20%24197000%2F%5B0.11%20-%20%28-0.060%29%5D%20)

Present value of the cash flows (PV) = $1,158,824
Therefore the present value of the cash flows of the company is $1,158,824.
A.) personal income
with you using your own money nothing deducts or raises money for rent or wage.
Answer:
PV= $45,489.44
Explanation:
Giving the following information:
Discount rate= 10%
Cash flow= $12,000
Number of years= 5
First, we need to calculate future value. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {12,000*[(1.1^5) - 1]} / 0.1
FV= $73,261.2
Now, the present value:
PV= FV/(1+i)^n
PV= 73,261.2/1.1^5
PV= $45,489.44