Present Value involves discounting, and future value involves compounding.
The find present value of a dollar a year from now, we must discount by the discount rate, since a dollar a year from now is not worth as much as a dollar today.
To find the future value (in a year) of a dollar we receive today, we increase the dollar by the discount rate, since our dollar today is worth more than a dollar a year from now.
Answer: $570000
Explanation:
The book-tax difference, that's associated with its federal income tax expense that Seatax should have reported when computing its year 1 taxable income will be $570000.
It should be noted that the $570000 for the book tax difference is permanent as it isn't reversible for.the next fiscal period.
Answer:
Answer sheet required more space then was available so I attached it as a picture.
Answer:
completed units = 13,650
Explanation:
given data
Beginning inventory = 1,300 units
completed = 40 %
started = 13,000 units
inventory consisted = 650 units
completed = 70%
solution
we get here completed units that is express as
completed units = Beginning inventory + started unit - ending inventory ..............................1
put here value and we get
completed units = 1,300 + 13,000 - 650
completed units = 13,650
Risk-based financing is a way that lenders determine your interest rate for a loan based on how likely you are to repay that loan.
