At the end of the day, the cash register's record shows $1,282, but the count of cash in the cash register is $1,261. The correct entry to record the cash sales is Multiple Choice Debit Cash $1,261; debit Cash Over and Short $21; credit Sales $1,282. Debit Cash $1,282; credit Cash Over and Short $1,261; credit Sales $21. Debit Cash $1,282; credit Sales $1,282. Debit Cash $1,261; Credit Sales $1,261. Debit Cash Over and Short $21, credit Sales $21.

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

You have just received notification that you have won the $2.0 million first prize in the centennial lottery. however, the prize will be awarded on your 100th birthday (assuming you're around to collect), 66 years from now. what is the present value of your windfall if the appropriate discount rate is 8 percent?

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?