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pashok25 [27]
2 years ago
8

S21: Tracing Algorithms Activity Page 1 of 4 128 points possible 1. A woman invests $200 on January 1 for each of three years in

a fixed income bond that pays interest of 8 per cent per annum, the interest being added to her account at the end of each year. The following algorithm gives the total value of her investment after the three-year peri
Business
1 answer:
Viefleur [7K]2 years ago
7 0

Algorithms are simply used as prototypes or guide of an actual program

<h3>Trace the algorithm</h3>

The complete question is added as an attachment

The variables in the algorithm are

Variables I and A

Where A represents the initial amount invested, I represents the number of years

So, the trace of the algorithm is:

  • Initialize A to 0
  • Iterate with I from 0 to 3
  • Add 200 to A
  • Multiply A by 1.08
  • Print A after the iterations

<h3>How the algorithm can be amended</h3>

From the question, the amendment of the algorithm is to print the investment after each year.

To do this, we simply include the print statement inside the loop statement

So, we have:

A = 0

FOR I = 0 TO 3

A = A + 200

A = 1.08 * A

PRINT A

NEXT I

<h3>Modify the algorithm</h3>

The modified algorithm is as follows:

A = 0

INPUT P

INPUT N

FOR I = 0 TO N

A = A + P

A = 1.08 * A

NEXT I

PRINT A

Read more about algorithms at:

brainly.com/question/22984934

#SPJ1

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babymother [125]

Answer:

2.34 million

Explanation:

Vasudevan incorporation reported an operating income of $2.90 million

The depreciation is $1.20 million

The tax rate is 40%

= 40/100

= 0.4

The firm's expenditure on fixed assets and net operating working capital is $0.6 million

Therefore, the free cash flow can be calculated as follows

Free cash flow= operating profit-tax+depreciation-expenditure

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4 0
3 years ago
ACME Drilling is evaluating an offshore oil-drilling platform for possible impairment. The company estimates the following: book
alekssr [168]

Answer:

ACME Drilling should record impairment loss of $6.9 million

Explanation:

According to GAAP, when the fair value of an asset is below the net carrying amount of that asset ( Asset's historical cost - Asset's accumulated depreciation or the net book value of the asset), the Company should record it as asset impairment loss.

In ACME's case, the net book value is $18.6 million while the estimated fair value is only $11.7 million meaning that the platform is actually worth less than it is recorded on ACME's book. Thus, an impairment loss of $6.9 million should be recorded ( $18.6 million - $11.7 million) to realize the fair value of the oil-drilling platform.

The sum of projected sum of future cash flows in this case is not suitable to be used to determine the oil-drilling platform because it has not been discounted to the present value amount, and also, it is not appropriate under GAAP.

6 0
4 years ago
When a business is more successful than its rivals at attracting customers and handling competition, it is said to have a(n) ___
densk [106]

Answer:

d. Marketing

Explanation:

Marketing advantage is the edge a company has at attracting customers by having superior products, lower prices, innovative distribution, and effective promotion.

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The theory that real shocks to the economy are the primary cause of business cycles is
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3 years ago
1. What determines the degree of specialization within an organization?
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6 0
4 years ago
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