The present value of $100 to be received 10 years from today, assuming an opportunity cost of 9 percent, is ________
A) $236
B) $699
C) $ 42
D) $ 75
C
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The ________ rule states that an ethical decision is one in which rewards and harms are distributed in a fair and impartial way.
A. utilitarian B. practical C. justice D. moral rights E. moral scruples
Which of the following reduces price competition?
a. Increasing the number of competitors. b. Increasing the number of substituting offers. c. Wider distribution of competitor and/or substitution offers. d. High switching costs for consumers. e. Increasing surplus capacity in the industry.
CPFR relies heavily on?
a. Firms retaining information b. Firms acting independently c. Firms acting in their own best interest d. Firms sharing information
Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $126,500, allowance for doubtful accounts of $885 (credit) and sales of $1,035,000. If uncollectible accounts are estimated to be 5.00% of accounts receivable, what is the amount of the bad debts expense adjusting entry?
A. $5775 B. $7210 C. $5625 D. $5440 E. $6325