Answer:
You will pay $744,680.85 for the policy
Explanation:
Step 1
Since cash flow is a perpetuity, we can derive the following expression;
P.V=C/r
where;
P.V=present value of the investment
C=cash flow
r=annual rate of return
In our case;
P.V=unknown
C=$35,000
r=4.7%=4.7/100=0.047
replacing;
P.V=35,000/0.047
P.V=744,680.8511
744,680.8511 rounded off to 2 decimal places=744,680.85
You will pay $744,680.85 for the policy
Answer:
Liabilities until the product or service is provided
Explanation:
The accrual principle of accounting implies that cash received in advance will be treated as liability until its earned in form of cash
Accounting treatment of advance payments is: Cash Dr and Liability Cr
The cash received from customer in advance would not be treated as revenue until the goods are delivered or services are rendered to the customer.
.
Answer:
guilty of misrepresentation
Explanation:
Based on the information provided within the question it can be said that in this scenario Abby is most likely guilty of misrepresentation. This is because she is making it seem as though the whole house has hardwood floors without specifying that the bedrooms do not, in order to close the deal with a client that prefers hardwood flooring.
Answer:
Elective surgery due to its lower marginal return rates
Explanation:
In the given instance it is provided that the government wants to increase the reach of medicare benefits to more people. Also for achieving this it has to decrease the current expenditure.
As it is clear that the benefits from elective surgery in terms of utility are not equivalent to the proportional amount spent on such surgeries in terms of dollar, then the surgeries do not stand to provide effective results.
Accordingly such elective surgeries can be withdrawn.
Answer:
The responses can be defined as follows:
Explanation:
The placement is essentially a network infrastructure facility in which a company can charge rent for servers as well as other equipment. A company can choose a site to build a server farm. However, one of the key drivers is the operating expenses for the building, maintenance, and updating of a computer system. We acquire and own the hardware (servers) as well as the software to support your presence online with the collocation, and thus are responsible for the correct setup and customization of a two. According to your needs, it may be possible to also buy a computer network or two to control traffic out into your servers (switching, router, firewalls, VPN devices, etc). The cost of the work for business continuity was often used by private companies over the years. Today, cloud providers particularly attractive among cools.