Answer:
$60,936
Explanation:
Provided information,
$12,000 will be received at each year end from third year to 12th year end.
The discount rate provided = 10%
Therefore PVAF of 10% for third year end to 12th year end will be for $1
![= \frac{1}{(1 + 0.10)^3} + \frac{1}{(1 + 0.10)^4} + \frac{1}{(1 + 0.10)^5} + \frac{1}{(1 + 0.10)^6} + ............. \frac{1}{(1 + 0.10)^1^2} = 5.078](https://tex.z-dn.net/?f=%3D%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E3%7D%20%2B%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E4%7D%20%2B%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E5%7D%20%2B%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E6%7D%20%2B%20.............%20%5Cfrac%7B1%7D%7B%281%20%2B%200.10%29%5E1%5E2%7D%20%3D%205.078)
Here 0.10 = 10% discount rate
Value for $12,000 = $12,000
5.078
Present Value of $12,000 will be
= $60,936
Answer:
During Year 4, Tara wrote off $7,000 in receivables and recovered $4,000 that had been written off in prior years. Tara's December 31, Year 3, allowance for uncollectible accounts was $22,000. Under the aging method, what amount of allowance for uncollectible accounts should Tara report on December 31, Year 4?
$19,000.
Explanation:
Wrote off $7,000
recover $4,000
uncollected money stands at= 7,000-4,000= $3,000 in year 4
total uncollected money in year 3 is $22,000
then will be 22,000-3,000= $19,000
Answer:
The correct answer is letter "D": Class envy.
Explanation:
In behavioral economics, the endowment effect explains why an individual could give a higher value to an object that posses than giving a low value when the individual does not have it. The approach implies the object has symbolic importance for the individual while having it.
A good example of the endowment effect refers to a teacher that gives one of his classes' students mugs as gifts. The value of the students who received mugs was higher than the value of those who did not get one.
Answer: a. FIFO to LIFO, but not LIFO to FIFO
Explanation:
Well the inventory changes which would likely be accounted for is the FIFO ( first in first out system ) to LIFO ( last in first out system ). But not the LIFO ( last in first out ) to FIFO ( first in first out ). This system are mostly used in sales where for FIFO the first goods to arrive leaves first and for LIFO the opposite of FIFO
True.
Cash flows from activities include both inflows and outflows of cash from the external funding of a business.
<h3>Cash Flow from Financing Activities: What is it? </h3>
- The net amount of financing a business generates during a specific time period is called cash flow from financing activities.
- The issuing and repayment of equities, the payment of dividends, the issuance and repayment of debt, and capital lease obligations are all examples of financial activity.
<h3>What Are the Different Types of Cash Flows? </h3>
- Money coming into a business is known as cash inflow, and it may come through sales, investments, or financing.
- The reverse of a cash outflow is a cash inflow, which is money entering a business.
<h3>What three different forms of cash flows are there?</h3>
To assess the liquidity and solvency of the company, organizations should monitor and analyze three different types of cash flow:
- cash flow from operating operations
- cash flow from investing activities
- cash flow from financing activities.
The cash flow statement of a corporation includes all three.
- Items like dividends and interest payments are excluded.
- stock, debt, or alternative sources of funding.
- Asset depreciation for capital goods
To learn more about financing activities visit:
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