What is the present value of a $750 payment made in three years when the discount rate is 5 percent?
A. $712.50
B. $646.96
C. $868.22
D. $647.88
Answer: D
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The corporate ____________________, together with the charter, provide the general guidelines for conducting the business
Fill in the blank(s) with correct word
Explain how a marketer determines whether an identified market segment is viable
What will be an ideal response?
Select the incorrect statement from the following.
A. Actual costs are not relevant in many decisions because actual costs cannot be determined until after the decision has been made. B. Actual costs are useful for evaluating managerial performance. C. When accumulating the cost of a specific cost object, the indirect costs are allocated to the cost object. D. The difference between a direct cost and an indirect cost is that a direct cost relates to a given cost object while an indirect cost does not.
Swift Company paid $18,650 in advance for six months of rent. What journal entry will Swift prepare to record this transaction?
A. Debit Cash and credit Prepaid Rent for $18,650. B. Debit Cash and credit Deferred Rent for $18,650. C. Debit Rent Expense and credit Cash for $18,650. D. Debit Prepaid Rent and credit Cash for $18,650.