Answer:
$188,625.23
Explanation:
Data provided in the question:
Annual payments made : $27,000, $31,000, $64,000, and $96,000
Now,
Present value = ( Cash flow ) ÷ ( 1 + r )ⁿ
Here,
r is the interest rate = 4.9% = 0.049
n = year
thus,
Year Cash flow Present value
1 $27,000 $25,738.79
2 $31,000 $28171.55
3 $64,000 $55443.86
4 $96,000 $79281.03
======================================
Value of settlement today = $188,625.23
Answer:
Pose-for-Pics
Trial Balance
For the month ended August 31
DEBIT CREDIT
b. Cash 8,539
c. Offices 2,280
d. Prepaid insurance 2,300
e. Photography equipment 51,600
f. Common stock 63,600
g. Photography fees earned 2,000
<u>h. Utilities expense 881 </u>
i. Totals 65,600 65,600
Explanation:
In trial balance, all accounts in general either real or nominal is posted here whether on debit or credit side. It shows the balances of debits and credits entries from the transaction of the general journal that the company have made for the period. There are 2 types of trial balance, the unadjusted trial balance and the adjusted trial balance.
You want to record all of that stuff inna journal
Answer:
options-based planning
Explanation:
Options-based planning is defined as one that focuses on what could go wrong in a given business venture. Resources are now used to mitigate the projected issues that can arise.
In the give scenario Plastbolt is trying to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns.
So they have an option of going ahead with the venture that has better returns.
Average propensity to consume (APC) counts how much money is spent each year versus saved.
What is Average propensity to consume (APC)?
Average propensity to consume (APC) counts how much money is spent each year versus saved. This might be done by a single person who is curious about where their money is going or by an economist who is interested in tracking the spending and saving patterns of a whole country. In all scenarios, the tendency to consume can be calculated by dividing average household spending by average household income. A high average propensity to consume is typically advantageous for the economy from a larger economic perspective. When customers have a high propensity to consume, they save less and spend more on products and services. This rising demand fuels economic development, corporate growth, and widespread employment.
To learn more about Average propensity to consume (APC)
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