You should make note of the fact that no bill was received but you did make the payment.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The operating working capital that Alfred is going to have at the end of the day would be $12500.
<h3>How to solve for the working capital</h3>
The formula for the working capital = current assets - current liabilities
Current assets = $12500
current liabilities = 0
This is because, by the 10th day, he is supposed to have paid account payable.
The working capital would be = $12500 -0
= $12500
Read more on capital here: brainly.com/question/26214959
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Marliss will want to invest her money in a savings bond to help her save money for college. The correct answer is A.
Answer:
The answer is $5767641.92
Explanation:
PV of an Annuity = C x [ (1 – (1+i)-n) / i ]
PV of an Annuity = $1,600,000 x [ (1 – (1+0.12)-5) /0.12 ] = $5767641.92
The present value of the prize is $5767641.92
