Answer:. CSV and PDF
Explanation:
QuickBooks is an Accounting software that was developed to mainly help small to medium size companies maintain a proper accounting system.
The Wholesale billing option enables the owner to pay the subscription for the clients that they moved to the wholesale billing list.
When downloading an itemized invoice for this there are 2 file formats that QuickBooks permits people to use which are CSV and PDF file formats.
Answer:
1. 3 years
2. 3.375 years
3. The storage facility project
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recouped from cummulative cash flows.
When there are more than 1 project to be chosen from, the project whose payback period is the least should be chosen.
Therefore, the storage facility project should be chosen.
Explanations on how the payback period is calculated can be found in the attached images. Please contact me if you need clarification.
I hope my answer helps you.
Answer:
The monthly deposit is calculated using PMT function :
rate = 1.2%/2 (converting annual rate into monthly rate)
nper = 12 * 5 (5 years of deposits with 12 monthly deposits each year)
pv = -3200 (Amount put into account now. This is entered with a negative sign because it is a cash outflow)
fv = 26865 (Required value of account after 5 years)
PMT is calculated to be $379.70.
The monthly deposit is $379.70.