Charlie Cai needs to earn an internal rate of return of 8.41% on his $30,000 investment in order to keep his promise of depositing $120,000 for his granddaughter's college education 18 years from now.
To determine the internal rate of return that Charlie Cai needs to earn on his $30,000 investment in order to meet his promise of depositing $120,000 for his granddaughter's college education 18 years from now, we can use the following formula: FV = \(PV * (1 + i)^n\)
Where:
FV = future value (in this case, $120,000)
PV = present value (in this case, $30,000)
i = interest rate (the internal rate of return we're trying to find)
n = number of years (18)
Substituting the values we know, we get:
$120,000 = \(\$30,000 * (1 + i)^{18}\)
Dividing both sides by $30,000, we get:
\(4 = (1 + i)^{18}\)
Taking the 18th root of both sides, we get:
1.0841 = 1 + i
Subtracting 1 from both sides, we get:
i = 0.0841 or 8.41%
Therefore, Charlie Cai needs to earn an internal rate of return of 8.41% on his $30,000 investment in order to keep his promise of depositing $120,000 for his granddaughter's college education 18 years from now, assuming interest is compounded yearly.
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10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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The company pays cash for a piece of equipment. the list price was $9,100, but after negotiation, the final purchase price was $8,700.
Answer:
this question is part of a longer question where you had to state how this transaction affects the accounting equation of the company:
the journal entry would be
Dr Equipment 8,700
Cr Cash 8,700
Since both accounts are asset accounts, only the assets will be affected. Cash balance will decrease by $8,700 while equipment will increase by the same amount:
Assets = liabilities + equity
cash equipment
-8,700 8,700
SECTION B
ANSWER ALL ITEMS IN THIS SECTION.
1. Fill in the blanks by classifying the following activities as primary, secondary or
tertiary production.
(Total 5 marks)
A
= Banking
В.
= Forestry
С.
Canning of fish
D.
= Doctor
Е.
Working as a lumberjack
When writing a check, you complete all of these steps except for _____.
signing the back of the check
writing the date
writing the amount in numbers
writing the amount in words
signing the front of the ch
Answer:
SIGNING THE BACK OF THE CHECK
View Policies Current Attempt in Progress During 2022, its first year of operations as a delivery service, Sage Hill Corp. entered into the following transactions. 1. 2 3. 4. 5. Issued shares of common stock to investors in exchange for $88,000 in cash. Borrowed $39,600 by issuing a note. Purchased delivery trucks for $52,800 cash. Performed services for customers for $14,080 cash, Purchased supplies for $4,136 on account. Paid rent of $4,576. Performed services on account for $8.800 Paid salaries of $24,610. Paid a dividend of $9.680 to shareholders. 6. 7. B. 9. Using the following tabular analysis show the effect of each transaction on the accounting equation. Put explanations for changes to revenues or expenses in the right hand margin
During 2022, Sage Hill Corp. entered into the following transactions.
1. Issued shares of common stock to investors in exchange for $88,000 in cash.
2. Borrowed $39,600 by issuing a note.
3. Purchased delivery trucks for $52,800 cash.
4. Performed services for customers for $14,080 cash.
5. Purchased supplies for $4,136 on account.
6. Paid rent of $4,576.
7. Performed services on account for $8,800
8. Paid salaries of $24,610.
9. Paid a dividend of $9,680 to shareholders.
Using the following tabular analysis show the effect of each transaction on the accounting equation.
Transactions Assets = Liabilities + Stockholders' Equity
1. Issued shares of common stock to investors in exchange for $88,000 in cash.
$88,000 = $0 + $88,000
2. Borrowed $39,600 by issuing a note.
$39,600 = $39,600 + $0
3. Purchased delivery trucks for $52,800 cash.
$52,800 = $0 + $52,800
4. Performed services for customers for $14,080 cash.
$14,080 = $0 + $14,080
5. Purchased supplies for $4,136 on account.
$4,136 = $4,136 + $0
6. Paid rent of $4,576.
$4,576 = $4,576 + $0
7. Performed services on account for $8,800.
$8,800 = $8,800 + $0
8. Paid salaries of $24,610.
$24,610 = $24,610 + $0
9. Paid a dividend of $9,680 to shareholders.
$9,680 = $9,680 + $0
Explanation for changes to revenues or expenses in the right-hand margin: Revenue is recognized when services are performed, while expenses are recognized when incurred. In the provided transactions, the company performed services for $14,080 cash, received $8,800 on account for services performed, and paid salaries of $24,610. Hence, the effect on revenues and expenses would be:
Revenues: + $14,080 + $8,800 = + $22,880
Expenses: - $24,610 = - $24,610
Net loss for the year 2022 would be:
Net Loss = Total Revenues - Total Expenses
= $22,880 - $24,610= -$1,730
As the net loss is negative, it would reduce the Stockholders' Equity.
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In cell B10, enter a formula using PV to calculate the value today (the present value) of the four-year tuition plan. Use cell references wherever possible.
Click the Financial button under the Function Library section of the Formulas page. PV, click. Fill out the Rate box with B8/12. In the Nper box, type B7. In the Pmt box, enter -B6. In the Type box, enter 1. Select OK.
A unique kind of policy that exclusively includes user-defined functions is called a function library. Similar to how you construct ordinary policies, you build this policy and identify the functions it includes. The parameters of the functions can be used as input and output variables. Application functions are similar to C++-coded database procedures that are invoked from outside to carry out sophisticated actions involving a lot of data. AFLs, such as the Predictive Analytical Library (PAL) or the Business Function Library, are collections of functions related to a specific subject (BFL). Universities and colleges use academic libraries. Every kind of city and municipality is served by public libraries. Students in Kindergarten through grade 12 have access to school libraries.
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In cell B10, enter a formula using PV to calculate the value today (the present value) of the four-year tuition plan. Use cell references wherever possible. The annual interest rate for your investment account is stored in cell B8, the number of monthly payments in cell B7, and the monthly payment amount in cell B6. Payments will be made at the beginning of every period. Pay attention to the time periods for the interest rate and payment schedule. Remember to express the Pmt argument as a negative.
In which of the following investment classifications are unrealized gains in marketable securities reflected in the income statement of the investor company?A. Trading securitiesB. Available-for-sale securitiesC. Controlling securitiesD. Influential securitiesE. Held-to-maturity securities
Unrealized gains in marketable securities are reflected in the income statement of the investor company under the investment classification of Trading securities (A).
What are trading securities?Trading securities are securities that are purchased with the intention of being sold in the near future in order to make a profit from price fluctuations.
Trading securities are considered part of the company's current assets and are reported at fair market value. They are reported on the income statement as gains or losses based on changes in fair value.
Trading securities are the only investment category for which unrealized gains and losses are reflected in the income statement of the investor company.
Therefore, in the trading securities classification, unrealized gains in marketable securities are reflected in the income statement of the investor company.
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What is the Congress or Legislative branch?
Answer:
The legislative branch is made up of the House and Senate, known collectively as the Congress. Among other powers, the legislative branch makes all laws, declares war, regulates interstate and foreign commerce and controls taxing and spending policies.
Explanation:
kristi and rebecca sell lemonade on the corner for $0.50 per cup. it costs them $0.10 to make each cup. on a certain day, their producer surplus is $20. how many cups did kristi and rebecca sell? a. 50. b. 200. c. 8. d. 40.
Kristi and Rebecca sold 40 cups of lemonade on a certain day.
How to calculate number of cups sold?When Kristi and Rebecca sell lemonade on the corner for $0.50 per cup, it costs them $0.10 to make each cup. On a certain day, their producer surplus is $20.
The number of cups that Kristi and Rebecca sell is given by the equation below:
No of cups sold = (Producer surplus + Total cost)/Price per cup
Price per cup = $0.50
Total cost = Cost of producing one cup * No of cups sold= $0.10 * No of cups sold
Putting the above values in the equation for the number of cups sold, we get:
(Producer surplus + Total cost)/Price per cup= (20 + 0.10x)/0.5
where x is the number of cups sold by Kristi and Rebecca.
Now, the number of cups sold can be found by substituting the given values as follows:
(20 + 0.10x)/0.5 = x
Solving the above equation for x, we get:x = 40
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can you write checks or pay bills directly from an online savings account?
Customers are not permitted to cash checks against their savings accounts in accordance with federal regulations.
What is saving account ?You will typically make your request to open a traditional saving account online, in-branch, or over the phone, although the procedures for doing so vary from financial institution to financial institution. After that, you'll deposit a sufficient amount to meet the minimum, if any, requirement. To reach your savings goal, set up a regular, recurring deposit from your paycheck or checking account, whichever you prefer. Make any necessary adjustments and keep an eye on your spending to see if this amount is within reach. Despite the fact that they typically only pay a low interest rate, these accounts are a great way to store money for immediate needs due to their safety and dependability.
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What is true about contemporary Indian Economy
Answer:
There is a great scope for its growth in the future.
Hope this helps.
To be a kindergarten teacher do you need university
Choose a bank in your community and ask for the forms that you need to fill out in order to open a checking account and a savings account. You may be able to get the forms from the bank branch or to download them from the bank’s website. Fill out both forms.
Then, for each account type, describe the following requirements:
- the information the bank wants
- the documentation required to support the information you provided
- the agreement you’re entering into with the bank by signing the form
(for finance class)
Answer:
This applies for the Bank of America
- the information the bank wants
For opening a savings or a checking account, the Bank of American only needs some basic personal information, and at least $25 from you, in order to start the account.
- the documentation required to support the information you provided
You need to provide the Bank with these documents:
A primary ID (for example, a driver's license, or a state's issued ID with photo)
A secondary ID (For example, a college ID)
Current mailing address
Social Security Number
Email address
Account number (in case you already have an account)
- the agreement you’re entering into with the bank by signing the form
The agreement is too long to transcribe in this answer, but it essentially compromises you to accept the terms or service of Bank of America. It also gives you information about how the Bank of America will manage your account, and how it will protect its security.
Answer:
Bank of America
- the data the bank needs
For opening an investment funds or a financial records, the Bank of American just necessities some fundamental individual data, and at any rate $25 from you, to begin the record.
- the documentation needed to help the data you gave
You need to furnish the Bank with these reports:
An primary ID (for instance, a driver's permit, or a state's given ID with photo)
A secondary ID (For instance, a school ID)
Current postage information
Social Security Number
Email address
Account number (on the off chance that you as of now have a record)
- the understanding you're going into with the bank by marking the structure
The arrangement is too long to even think about interpreting in this answer, however it basically bargains you to acknowledge the terms or administration of Bank of America. It likewise gives you data about how the Bank of America will deal with your record, and how it will ensure its security.
Explanation:
Part A Include an equals approach in each the CreditCard and DebitCard lessons to examine gadgets.
Part B - Wallet magnificence Write a category referred to as Wallet to save statistics approximately the present day country of a pockets. A pockets has special cubicles for the greenback payments, free alternate, credit score / debit playing cards and ID playing cards.
Data Members have to include: • Amount of coins - preserve song of fee of greenback payments and fee of alternate separately. • Array of ChargeCards – it may include each CreditCards and DebitCards. • Array of ID playing cards – this will be definitely an array of Strings. It’s as much as you the way to save this statistics.
Methods have to include: • at the least constructors • accessor, mutator methods • TotalCashOnHand - overall fee of greenback payments and alternate • TotalCanSpend - consists of each coins and quantity that may be spent on credit score / debit playing cards. • a technique that tells you what number of ID Cards are withinside the pockets • a technique that tells you what number of credit score / debit playing cards are withinside the pockets • a technique that helps you to upload a credit score / debit card to the set • a technique to append an ID card to the set • toString approach - have to delegate to CreditCard magnificence to print statistics approximately every credit score card and DebitCard magnificence to print statistics approximately every debit card.
Remember to preserve the layout paradigms of records hiding and encapsulation in thoughts as a whole lot as feasible. Delegate responsibilities to the factor lessons (of ChargeCard, DebitCard, CreditCard) every time you can.
Perform enter validation as appropriate.
Part C - Menu Driven Program Write a menu-pushed application that lets in the person to have interaction with a unmarried Wallet object.
1. Print all statistics approximately Wallet. [This should call the toString method of the Wallet class.]
2. Add a Credit Card. [Prompt the user for information about the Credit Card]
3. Add a Debit Card. [Prompt the user for information about the Debit Card.]
4. Add an ID Card. [Prompt the user for information about the ID card.]
5. Add Cash. [Prompt the user for the value of additional coins or dollar bills.]
6. Make a purchase. [Should ask for purchase amount. Then let the user choose whether to pay with cash or charge card. If cash, make sure there is sufficient cash in the wallet to cover the purchase, and then deduct accordingly. If charge card, there should be a submenu in which the user chooses a card from the list to use. Then the system should check that the card can be used for that purchase, i.e., that there are sufficient funds available on that card, and actually process the purchase on the selected ChargeCard.]
Part D Use an ArrayList to save the units of ChargeCards and ID playing cards withinside the Wallet. Incorporate those adjustments to your menu-pushed application in order that the person can save an infinite wide variety of playing cards withinside the Wallet.
Part E The debit and credit score playing cards have to put into effect the Comparable interface. This manner the listing of playing cards may be looked after earlier than they're exhibited to the person. You can use the Collections.type approach to type an ArrayList.
It is as much as you to determine how the gadgets have to be compared. The fields that appear significant for ordering gadgets are ID wide variety and present day balance. It is as much as you to determine whether or not the interface have to be applied withinside the ChargeCard magnificence or in every of the subclasses.
Extra credit score: 1. Add extra capability in your primary application in order that the person can get rid of an ID card or debit / credit score card from the Wallet. Let the person choose the cardboard he would really like to get rid of. This is feasible given that they're saved in ArrayLists and an ArrayList can develop and reduce as necessary.
2. Design a GiftCard magnificence that still extends ChargeCard and combine it withinside the Wallet magnificence. Gift playing cards come preloaded with a selected sum of money and the person can by no means spend greater than that predetermined quantity.
The task requires implementing classes and methods related to a wallet, including storing information about cash, credit/debit cards, and ID cards.
To complete the task, you need to implement several classes, including Wallet, Credit Card, Debit Card, and ID Card. The Wallet class will have data members such as the amount of cash, arrays of Charge Cards and ID cards, and methods for calculating total cash on hand, total spendable amount, and adding cards. The menu-driven program will allow users to interact with a Wallet object by selecting various options. The program should display wallet information, add credit/debit cards, add ID cards, add cash, and make purchases. Additional functionality, such as removing cards and implementing a Gift Card class, can be implemented for extra credit.
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Why did Constantine establish a new capital of the Roman Empire in Byzantium?
Answer:
From the year 330 and by order of the Emperor Constantine, the city of Byzantium became the capital of the Roman Empire. The main motivation behind this decision was strategic: the city of Byzantium, later renamed Constantinople, was located in what we know today as Istanbul, Turkey, on the intercontinental passage between Europe and Asia. Thus, this city was right in the middle of the main route that connected the Roman Empire with the cities of the Middle East, India and China, being fundamental for the control of said trade and the exercise of a notable political and economic influence in the region.
1
The use of a wholesale warehouse in the chain of distribution [Q
Aenables direct selling from manufacturer to retailer.
B.enables production to be ahead of demand.
C. reduces the chain of distribution.
Direduces the cost of goods to consumers.
Answer:
B.enables production to be ahead of demand.
Explanation:
One of the benefits of a wholesale warehouse in the chain of distribution is that it enables production to be ahead of demand.
A warehouse generally represents a large house where goods/products are kept prior to their distribution for sale.
The use of a warehouse offers several advantages to producers. These include:
adequate protection and preservation of productsregular flow of goods irrespective of their period of productioncontinuity in the production process in order to stay ahead of market demandeasy handling of productsetc.Hence, the correct option is B.
An NOL has the potential to lower income and reduce taxes for the taxpayer
Answer:
The correct response is "for the carryover or carryforward year".
Explanation:
NOL usually happens that whenever a taxpayer's corporate taxable income exceeds his corporation yearly revenue. The whole NOL could be utilized to back split from several other taxable incomes, which have become perhaps throughout the future, in other words, managed to carry forward. Throughout the current environment, and there'll be revenue, NOL would be adapted and the tax burden would be whittled down either by NOL proportion.currently, fixed costs are $540,000, the unit selling price is $95, and the unit variable cost is $60. what would be the break-even sales (in units) if the unit selling price is increased by $10?
The break-even sales, if the unit selling price is increased by $10 is 12,000 units
What is a variable cost in accounting?A variable cost is a cost that changes essentially depending on the volume of output or the number of services offered. In addition, there should be no variable expenses in the absence of any goods or services.
Variable costs may increase or decrease in response to the company's output. Variable costs include things like direct labor, commissions, and credit card fees. Variable costs are specific kinds of costs that will alter in response to shifts in production levels.
The break-even sales = Fixed costs / (Unit selling price - Unit variable cost)
Given:
= $540,000 / ($105 - $60)
= $540,000 / $45
= 12,000 units
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Explain how to identity bottleneck operations of a process that has six sequential operations. (b) Also, explain how can Theory of Constraints be used to improve output rate of this process. Do not type the answer; write the answer by hand. Only hand-written material will be evaluated, Also, do not attach any file or screenshot or computer output of PPT/Excel/pdf, etc.
A bottleneck operation refers to the stage of the production process, which slows down the overall process. If one of the stages in the production process is slow, the whole production process is likely to be slow and can lead to delays. Bottlenecks can be discovered by using two methodologies:
statistical process control (SPC) and theory of constraints (TOC).To identify bottleneck operations of a process that has six sequential operations, we can use the following steps:
Step 1: Create a flow chart or process map of the process being studied.
Step 2: Measure cycle times or completion rates for each step in the processStep .
3: Identify the longest cycle time or slowest completion rate among the six operations.
Step 4: Verify the bottleneck identified by observing the flow of work between steps and making any necessary adjustments.
Step 5: Repeat the process as necessary.
Bottleneck operations can be identified by measuring the cycle times and completion rates for each step in the process. The slowest completion rate or the longest cycle time is the bottleneck. This can be verified by observing the flow of work between steps and making any necessary adjustments. Once the bottleneck is identified, it should be prioritized for improvement.Bottlenecks can be improved by using the theory of constraints. The TOC is a management philosophy that focuses on identifying and removing bottlenecks to improve efficiency and productivity. It can be used to improve the output rate of a process in the following steps:
Step 1: Identify the bottleneck and prioritize it for improvement.
Step 2: Increase capacity at the bottleneck, either by increasing the capacity of the bottleneck operation or by offloading some of the work to other operations.
Step 3: Manage work-in-progress (WIP) by reducing inventory levels and limiting the amount of work in progress to improve flow.
Step 4: Monitor the performance of the process to ensure that the bottleneck has been eliminated or reduced and that new bottlenecks have not been created.
Bottleneck operations are the slowest steps in a process that can lead to delays and reduced output. They can be identified by measuring cycle times and completion rates for each step in the process and prioritizing the slowest step as the bottleneck. The theory of constraints can be used to improve the output rate of a process by identifying and eliminating bottlenecks and managing work-in-progress.
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Briefly explain economics
Answer:
The branch of knowledge concerned with the production, consumption, and transfer of wealth.
Explanation:
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. The building blocks of economics are the studies of labor and trade.
what tool involves assessing the probability or relative frequency of an event against the aggregate severity of the loss? A. Risk mapping B. Activity-sistem maps
Analyzing the likelihood or frequency of an event in relation to the total magnitude of the loss is done using a risk mapping tool.
The required details for risk mapping in given paragraph
Risk mapping is a method for displaying the risks connected to a company, project, or other system in a way that helps you better understand them, including what risks are crucial and which ones are not, as well as if the overall risk picture is complete. Risk mapping is primarily qualitative, and its advantages include improving your comprehension of the risk profile and your ability to communicate it, forcing you to think through the nature and implications of the risks that have been identified with rigor.
Improving your risk models by creating an intermediary link between the risk register and the model, and improving your risk register by basing it on the model.
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By understanding the competency gaps that are generally perceived by employers, you should Multiple Choice be motivated to learn. seek high levels of achievement. believe in personal control of destiny. share diverse experiences.
A number calculated by an independent party which represents what he current market rate as calculated using various factors is called a
A number calculated by an independent party which represents the current market rate as calculated using various factors is called an Index.
What is an Index?
Index is an entity that helps to compare the returns yielded during any investments. This tool is used by financial managers and investors of the market to describe the market face.
It is also essentially a roadmap to the book, listing names, places, and things in alphabetical order and giving the page numbers associated with each topic.
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Answer:
index
Explanation:
I jus did it.
TIME VALUE OF MONEY (Future Value)
Exercise 1:
You want to invest to a house and started to have savings today at
$1,000 for 10 years . What will be the future value of money you
will received in 10 years with the annual compound interest of 5%.
Exercise 2:
Muthu planned to pay a house deposit in one year
from now. The amount of deposit needed is
RM10,000. The interest given by the bank is 10% per
year. How much does Muthu need to save today?
Exercise 3:
• The Xavier Motor Company makes outdoor would like to consider tractor and snowblower as a demand
for more powerful equipment in the company and due to some competitors are already moving in that
direction.
• Management wants to make a decision based on only five years of projected cash flow because it feels
the future beyond that is too vague to form a basis for current decisions.
• A financial analysis has put together a set of projected incremental cash flows for each project with a
cost of capital 9%
Net Present Value
Year Tractor (cash flow) Snowblower (cash flow)
Co (3000) (3,500)
C1 (250) (700)
C2 500 800
C3 1,000 1,200
C4 1,500 2,000
C5 1,500 2,000
Exercise 4:
AG company would like to spend RM 700,000 on buying equipment.
The cash inflows as in the Table. Calculate the payback period.
Payback Period
Year Cash Flow
1 150,000
2 150,000
3 200,000
4 600,000
5 900,000
Exercise 5:
• AJK company is considering two independent projects, L and M.
Both projects require RM180,000 of initial outlay. The projected
net cash flow for both projects as follows:
Year Project M Project L
1 80,000 40,000
2 70,000 50,000
3 60,000 60,000
4 50,000 70,000
5 40,000 80,000
• Calculate the Payback period
• Which project promising a good payback period?
Exercise 6:
Compute the Profitability Index (PI) for a project with the following cash flows if the cost of
capital is 13%. Is the project acceptable on a stand alone basis?
Period Cash Flow
0 (3,000,000)
1 100,000
2 500,000
3 1,000,000
4 1,500,000
5 200,000
6 500,000
7 1,000,000
Exercise 1:To calculate the future value of money, we can use the formula for compound interest:
Exercise 2:To calculate the amount Muthu needs to save today, we can use the formula for present value:Exercise 3:To calculate the net present value (NPV) for each project, we discount the projected cash flows to their present values using the cost of capital of 9%. Then we subtract the initial investment from the sum of the present values. To calculate the present value (PV) needed, we can use the formula:PV = FV / (1 + r)^n Given: FV = RM10,000 r = 10% (0.10) n = 1 year Plugging in the values into the formula: PV = RM10,000 / (1 + 0.10)^1 PV ≈ RM9,090.91 Muthu needs to save approximately RM9,090.91 today to have RM10,000 for the house deposit in one year.
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explain reasons for NGO's and CBOs to be part of the market environment
Answer:
explain reasons for NGO's and CBOs to be part of the market environment
Explanation:
explain reasons for NGO's and CBOs to be part of the market environment
Explanation:
NGOs exist for a variety of purposes, usually to further the political or social goals of their members. Examples include improving the state of the natural environment, encouraging the observance of human rights, improving the welfare of the disadvantaged, or representing a corporate agenda.
What does a mission statement do?
A) tells your business concept.
B) reflects the purpose of the company.
C) tells the major goals of a business.
PLEASE ANSWER
I think C) tells the major goals of a business
Hope it helped
absorption costing is to gross margin as variable costing is to a.territory margin. b.gross profit. c.net income. d.contribution margin.
Option D. Absorption costing is to gross margin as variable costing is to d.contribution margin.
What is meant by absorption costing?A managerial accounting technique known as "absorption costing," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.
The absorbed-cost technique accounts for and combines—or, in other words, absorbs—all direct and indirect costs and expenses associated with producing a unit of a good.
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Which of these describes information that can appear in a consumer’s credit report?
A. The name of a company that gave the consumer a car loan two years ago
B. The amount of money that the consumer loaned to a family member
C. The amount of money the consumer will need to borrow in the next five years
D. The name of a store where the consumer pays cash for all purchases
Answer:
A. The name of a company that gave the consumer a car loan two years ago
Explanation:
A credit report is the statement that contains the information related to your credit activity & the present credit situation like history of loan payment, the status of your credit accounts. This would help lenders to use these reports whether they will give you loan and if they are agree than what rate of interest they would offer you
So according to the given situation, the option A is correct
What is the value today of a money machine that will pay $1,269.00 per year for 20 00 years? Assume the first payment is made 10.00 years from today and the interest rate is 11.00%.
In the problem we are given that $1269 will be paid every year for 20 years and the first payment will be made after 10 years. We are also given that the interest rate is 11%. The value of an annuity due after n years is given by the formula.
Present value of annuity due = A [(1+i)n-1/i][1+i]Where, A = annuity i = interest rate n = time period Therefore, we can calculate the present value of the annuity due as follows :Present value of annuity due = $1269[(1+0.11)20-1/0.11][1+0.11] × 1/(1+0.11)10Present value of annuity due = $1269 × 15.469 × 0.349Present value of annuity due = $5581.09The value today of a money machine that will pay $1269.00 per year for 20 years, assuming that the first payment is made 10 years from today and the interest rate is 11% is $5581.09.
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the amateur ideology employed in intercollegiate athletics has tended to keep commercialization out of college sports
In addition, the presence of intercollegiate athletics promotes student involvement, provides a method of community outreach, and is often considered an important part of the overall collegiate experience (Bush et al., 2009; Williams et al., 2008; Williams & Pennington, 2006).
A fundamental tenet of collegiate athletics and the NCAA is amateur competition. To preserve a learning atmosphere where getting a good education comes first, amateurism must be maintained. For instance, the middle and lower classes like team sports that require toughness, risk-taking, and teamwork, like football or boxing, whereas the upper class prefers non-contact sports like golf or tennis. Prole sports are those that are harsher. As the National Collegiate Athletic Association (NCAA) had been doing for men's sports, the AIAW served the same purpose for collegiate women's teams.
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