To calculate a cash flow's present value (PV), you must compound it
Indicate whether this statement is true or false.
Answer: FALSE
You might also like to view...
Under current GAAP, volatility in asset returns translates directly into net income volatility because the actual return on plan assets reduces pension expense.
Answer the following statement true (T) or false (F)
Which of the following best describes a reason that companies would want assurance on their XBRL filings?
A. Companies may begin to tag XBRL filings in more detail than is currently disclosed, introducing new information to investors. B. XBRL International mandates assurance for all XBRL filings using current taxonomies. C. Statement on Auditing Standards number 32 mandates assurance on XBRL filings. D. The SEC requires assurance on XBRL filings.
Diego is a manager at a local retro game shop. He has recently had to overhaul the firm’s process of acquiring certain merchandise. In order to accomplish this new process, the entire staff had to be retrained. Although the change was initially met with some resistance, it is now becoming the standard within the company. At what stage in Lewin’s change model is Diego’s game shop in?
a. freezing b. unfreezing c. refreezing d. moving
Marisol Company has just completed operations for the year ended December 31, 2016. This is the second year of operations for the company. The following data have been assembled for the business
Accounts Payable $ 12,200 Office Expense $ 6,500 Accounts Receivable 14,500 Rent Expense 9,600 Cash 8,200 Retained Earnings, Jan. 1, 2016 8,300 Common Stock 9,000 Salaries Expense 36,000 Dividends 13,500 Service Revenue 84,000 Equipment 15,000 Utilities Expense 6,200 Insurance Expense 4,000 Prepare the statement of retained earnings. Use a proper heading. What will be an ideal response