A small craft store located in a kiosk expects to generate annual cash flows of $6,800 for the next three years. At the end of the three years, the business is expected to be sold for $15,000. What is the value of this business at a discount rate of 15 percent
A) $30,100.07
B) $29,408.27
C) $25,388.67
D) $17,409.09
E) $19,477.67
C) $25,388.67
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Herndon Corp purchased merchandise on account from Likert Corp on November 18, 2014 . On November 21, 2014, Herndon returned damaged merchandise to Likert and was granted an adjustment on its account. Herndon uses the periodic inventory system. What effect does the merchandise return have on Herndon's accounting equation?
a. Assets and stockholders' equity decrease. b. Assets and liabilities decrease. c. Liabilities decrease and stockholders' equity increases. d. Liabilities and stockholders' equity decrease.
In a short essay, list and discuss at least three advantages and three disadvantages of using telephone interviewing to collect marketing research data
What will be an ideal response?
Which of the following costs usually would not be included in the inventory cost?
A) Storage costs B) Related tariffs C) Invoice price less purchases discounts D) Insurance on goods in transit
The preferred placement of page numbers in the report body is at the upper right
Indicate whether the statement is true or false