Answer:
a. What is the present value of the payments if they are in the form of an ordinary annuity?
present value = annual payment x annuity factor
- annual payment = $13,600
- PV annuity factor, 8.5%, 6 periods = 4.55359
present value = $61,928.82
b. What is the present value if the payments are an annuity due?
present value = annual payment x annuity due factor
- annual payment = $13,600
- PV annuity due factor, 8.5%, 6 periods = 4.94064
present value = $67,192.70
c. Suppose you plan to invest the payments for six years. What is the future value if the payments are an ordinary annuity?
future value = annual payment x annuity factor
- annual payment = $13,600
- FV annuity factor, 8.5%, 6 periods = 7.42903
future value = $101,034.81
d. Suppose you plan to invest the payments for six years. What is the future value if the payments are an annuity due?
future value = annual payment x annuity due factor
- annual payment = $13,600
- FV annuity due factor, 8.5%, 6 periods = 8.0605
future value = $109,622.80
Answer:
new technology
Explanation:
i also think that new tech nd self confidence also helps in improving the economy
Answer:
Option b: False
Explanation:
FICA is simply known as Federal Insurance Contributions Act. It is the act under which this tax is also deducted from the paycheck.The FICA tax rates and taxable wage bases are exactly the same for employees and employers.
Government uses FICA tax to provide
an income check to people at retirement age,health care, another service and others. It it a body that has its own rules, regulations and default in any of them may lead to penalty.
Answer:
true
Explanation:
An integrated cost leadership/differentiation strategy basically combines a cost leadership strategy (selling your products or services at a low cost) and a differentiation strategy (offering differentiated products or services). This way, the company offers differentiated products at the lowest possible price.
This strategy is very difficult to execute properly and successfully since generally differentiated products tend to be more expensive to produce than standard products.
Answer:
The reasonable explanation is that they are trying to take advantage of government tax incentives which are usually available to companies which retain their earning for investment purposes.
Explanation:
Many governments usually subject distributed profit to corporate tax. When this happens, a huge chunk of profit is eroded. So many companies would rather re-invest their earnings to increase the value of their stock in the secondary market.
The average corporate tax rate in the EU, for instance, is 21.77% whilst the average corporate tax rate in the OECD for is 23.59%.
OECD, by the way, stands for Organisation for Economic Co-operation and Development and the United States of America is a member.
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