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Which of the following do you not need to know in order to perform a present value calculation for a new project? O Last year's
Which of the following do you not need to know in order to perform a present value calculation for a new project? O Last year's consulting fee paid to design a project O Total project investment amount O Discount or interest rate o Number of periods for the project If Frank's Frisbees reports assets that total $525,000 and liabilities that total $325,000, how much is Frank's stockholder's equity? 0 $200,000 $325,000 0 $525,000 O $850,000 Kerch Enterprises was organized on July 1, 2019. Projected Sales for each of the first four months of operations are as follows: July August September October Sales (in dollars) 120,000 160,000 200,000 210,000 The company expects to sell 20% of its merchandise for cash. Of sales on account, 30% are expected to be collected in the month of the sale, 50% in the month following the sale, and the remainder in the second month following the sale. Compute the amount of total budgeted cash collections for September 0 $40,000 0 $171,200 O $118,400 0 131,2000 Accounting Rocks Inc. reported sales of $200,000 for the month of April. Beginning inventory on April 1 was $55,000, purchases during the month were $35,000, and Ending inventory on April 30 was $25,000. Determine the amount of cost of goods sold for Accounting Rocks Inc. as of April 30. $45,000 O $55,000 0 $25,000 O $65,000
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