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hw help will upvote QUESTION 1 If Jane Key invests $18,527.74 now and she will receive $40,000 at the end of 10 years, what annual

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QUESTION 1 If Jane Key invests $18,527.74 now and she will receive $40,000 at the end of 10 years, what annual rate of interest will she be earning on her investment? 8.5% 10% 8% 9% QUESTION 2 The primary purpose of the statement of cash flows is to provide information about the cash receipts and cash payments during a period. facilitate banking relationships provide information about the investing and financing activities during a period prove that revenues exceed expenses if there is a net income QUESTION 3 On January 1, 2019, Violet Co. purchased a vehicle costing $64,000. The vehicle has an estimated 5-year lifo and a $2,000 residual value Violet uses the units-of-production depreciation method and Violet estimates that the vehicle will be driven 100,000 miles. What is the amount of accumulated depreciation reported on Violet's balance sheet at December 31, 2020, assuming the vehide was driven 18,000 miles during 2019 and driven 9,000 miles during 2020? 17,280 5,580 24,800 16,740 QUESTION 4 A cash register tape shows cash sales of $6,000 and sales taxes of $500. The joumal entry to record this information is Cash Sales Tax Revenue Sales Revenue. 6,500 500 6,000 Cash ... 6,500 Sales Revenue Sales Taxes Payable. 6,000 500 Cash Sales Tax Expense... Sales Revenue 6.000 ***... 500 ***** 6,500 Cash 6,000 Sales Revenue.. ***** 6,000

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