Answer:
$65,076,885.59
Explanation:
We use the Present value formula that is shown in the spreadsheet attachment
Given that,
Future value = $0
Rate of interest = 6.5%
NPER = 10 years
PMT = $85,000,000 ÷ 10 annual payments = $8,500,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $65,076,885.59
Answer:
January 18, 202x, merchandise sold using credit cards
Dr Cash 18,430
Dr Credit card fees 570
Cr Sales revenue 19,000
When credit card sales are deposited immediately (e.g. VISA, MasterCard) they are considered cash sales. When the credit card companies delays the deposit, they are considered accounts receivable, e.g. American Express.
Answer:
D. Through the government purchases multiplier, the $1 increase in government spending will lead to an increase in aggregate demand and national income, which will lead to an increase in induced spending.
Explanation:
We know,
Multiplier = Changing real equilibrium GDP ÷Change of government spending.
If we increase the multiplier, government spending will lead to an increase in aggregate demand that is potential GDP is higher than actual GDP and national income, which will lead to an increase in induced spending. Therefore option D is the correct answer as options A, B, and C do not meet the requirements.
The examples of passive income are-
- portfolio income, including interest, dividends, annuities, and royalties
- income from rental real estate earned by a no real estate professional
- state and local refunds
Explanation:
Passive income is the incomes generated without the active participation of the person. In general, passive involves an upfront investment in the beginning after which a regular income source is generated. This constitutes mostly subsidiary activities. E.g. income generated from the rental properties, dividends, royalties and portfolio investment is considered to be passive in sense.
In the above examples-
- Interest, dividends, annuities, and royalties- It is a source of passive income since direct involvement of person is not required and involves initial investment in buying of stocks beyond which person enjoys annuities and dividends.
- Income from rental real estate earned by a no real estate professional- This is also an example of passive income. Once the investment is done, personal presence is not required for income generation. Hence it qualifies for passive income.
- winnings from gambling- it is not a source of passive income. A person presence is utmost (then only he can involve in gambling activities) for revenue generation.
- state and local refunds- This is a passive income since refunds are done by the concerned bodies and personal involvement is not needed.
Ok, I'm going to tell you how to calculate it and the answer.
so what you do is add up your assets and then add up your liabilities.
then you subtract your liabilities from your assets in this case your assets add up to 4,700 and your liabilities add up to 3,500.
then you subtract 4,700 from 3,500 since your liability is a lower number.
And then your answer would be $1,200 dollars hope it helped :D