Answer:
PV= $1,006,512.21
Explanation:
Giving the following information:
Annual payments= $150,000
Discount rate= 8%
Number of periods= 10 years
<u>First, we need to calculate the future value using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {150,000*[(1.08^10) - 1]} / 0.08
FV= $2,172,984.37
<u>Now, we can determine the present value:</u>
PV= FV/(1+i)^n
PV= 2,172,984.37/(1.08^10)
PV= $1,006,512.21
Answer: $324,000
Explanation:
Cedar Corp. paid $432,000 for a year in advance. According to the Accrual principle in Accounting, expenses are to be recorded only when incurred.
The rent will therefore have to be apportioned to the months that it has paid for in the current period.
Rent for year = $432,000
Rent for month = 432,000/12 = $36,000
April - December = 9 months
Rent for the year = 9 * 36,000
= $324,000
Note; <em>Question is about Rent expense which is how much Cedar Corp has paid not about how much they have received. </em>
Answer and Explanation:
Please find answer and explanation attached
Answer: b. Increase
Explanation:
The Economy of Catsylvania is in a Recession and Aggregate Expenditure has fallen below Real GDP. This means that demand will fall as customers will no longer buy as much as they used to because they can't afford to.
This leads to sales reducing in the country. As sales have slowed down, Inventory will pile up. This inventory was unplanned because it was expected that they would be sold.
Answer:
Pressure
Explanation:
Influence Tactic are ways a leader tries to influence people working with him to do a particular task or improve performance.
Among the influence tactics available, the influence tactic that Andy is most likely utilizing when he says that everyone would lose their jobs if the company goes out of business, regardless of guild protection is Pressure.
Pressure as an influence tactic tries to influence people through the use of threats, demands, or intimidation to get them to agree with a request.
