Find present value of cash flows-discounted at four percent
Joseph has just accepted a job as a stockbroker. He estimates his gross pay eah year for the next 3 years is $35.00 in 1 year, $21,000 in year 2, and $32,000 in year 3. What is the present value of these cash flows if they are discounted at 4%?
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Catseye Marble Co is thinking of replacing a manual production process with a machine. The manual process requires three relatively unskilled workers and a supervisor.
For this assignment, you are to create a poster using Pop art or Op Art influences. Research the following artists for inspiration:
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Snake Creek Company has one trusted employee who, as the owner said, handles all of the book-keeping and paperwork for the company. This employee is responsible for counting, verifying, and recording cash receipts and payments.
He estimates his gross pay eah year for the next 3 years is $35.00 in 1 year, $21,000 in year 2, and $32,000 in year 3. What is the present value of these cash flows if they are discounted at 4%?
Flyer estimates bad debt expense assuming that 1.5% of credit sales have historically been uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded?
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Imagine that you run a photography printing store. Your employees have been using punch cards for time entry since you started the business. This has lead to many problems including lost cards.
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