5. Do each of the following for each tableau: a) Find an initial solution using the Northwest Corner Rule b) If the solution you find using the Northwest Corner Rule is not optimal, apply the stepping stone algorithm to find an optimal solution. For a maʼximum profrt of $394 ni boeu o i. 3 nimile od seU.E 1 gahnst I 13 vode bns roy tet 29ti 3 81 4 5 II 4 Demands

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A: The adjustment entries are prepared to adjust the revenue and expenses of the current period. 

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Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.