Carol Mann and Gerald Harris worked for Helmsley-Spear, Inc. (HSI), as managers for various HSI properties. In 2005 each receive

Answer:

Explanation:

Current liabilities refer to obligations due within one year or less.

The classification is as follows:

a. A note payable for $100,000 due in 2 years. = Not classified as a current liability, as it is due in 2 years and classified as long-term liability.

b. A 10-year mortgage of $300,000 to be paid in ten annual payments of $30,000. = Only the first payment is a current liability; the rest are long-term liabilities.

c. An interest payment of $15,000 on the mortgage. = This is a current liability since it is due within one year.

d. Accounts payable of $60,000. = This is also a current liability because it is due within one year.

Current liabilities are recorded on the liability side of the balance sheet.

Answer:

NPV = negative 37,599

Explanation:

To determine the NPV of the new sewing machine, we subtract the investment from the present value of anticipated cash inflows.

Initial investment = Cost of machine + Training expenses - Salvage value

Initial investment = 2,450,000 + 85,000 - 250,000

Initial investment = 2,285,000

Year                                      DF(9%)   Present Value

1  Cash inflow     390,000  x 0.917      $357,798

2 Cash inflow     400,000  x 0.842    $336,672

3 Cash inflow     411,000   x  0.772     $317,367

4 Cash inflow     426,000  x 0.708     $301,789

5 Cash inflow     334,100  x 0.650     $217,077       (434,100 - 100,000)

6 Cash inflow     435,000  x 0.596    $259,376

7 Cash inflow     436,000 x 0.547     $238,507

7 Salvage value 400,000 x 0.547     $218,814  

Present Value of cash inflow             $2,247,401

Initial investment                                $2,285,000

NPV ($2,247,401 - $2,285,000)          (37,599)    

Conclusion: Hillsong should refrain from acquiring the new machine since the NPV is negative.      

Answer: The right answer is "subjective norm".

Explanation: If a college student contemplating a tattoo pauses to consider her parents' opinions regarding such an action, this thought process would reflect her subjective norm, as it specifically hinges on her parents' potential views about her behavior.

Answer:

A. Identifying several key ideas and determining the best way to structure them.

Explanation:

Effective communication occurs when the speaker conveys his thoughts accurately to the audience. The panel of experienced entrepreneurs is keen on investing in the project. With only 15 minutes for the meeting, it's crucial to focus on essential points and articulate their advantages for potential investors. The entrepreneur needs to deliver the key messages and arrange them effectively to create a lasting impression on the panel.