Answer:
The minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying the annual membership dues is 23 years.
Explanation:
The question is incomplete.
<em>Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA), a professional organization for divorce attorneys. The membership dues for the ADLA are $600 per year and must be paid at the beginning of each year. For instance, membership dues for the first year are paid today, and dues for the second year are payable one year from today. However, the ADLA also has an option for members to buy a lifetime membership today for $6,500 and never have to pay annual membership dues. Obviously, the lifetime membership isn't a good deal if you only remain a member for a couple of years, but if you remain a member for 40 years, it's a great deal. Suppose that the appropriate annual interest rate is 7.4%. What is the minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying $600 in annual membership dues?</em>
<em />
We have to equal the price of the lifetime membership with the present value of the annual membership. The anual membership present value is equal to a annuityof n years.
Answer:
Net profit: 52,500
Explanation:
Sales revenue 125,000 (Only recogniced by the sold goods)
COSG -75,000 (Only recogniced by the sold goods)
Commission 12,500 (recognized even without being collected)
Freight cost <u>-10,000</u> (It´s an expence of the period)
Net Profit: 52,500
The rest of goods given to consignee is an Asset (Consignment inventory) for 25,000
The avertising paid for by consignee, to be reimbursed $5,000 is a liability.
Answer:
Crime has a huge impact on businesses. It can cause a business to lose customers, employees, and even their physical property. Crime is also a major factor in the cost of doing business.
Theft or vandalism of company property is an example of crime that can have a negative impact on businesses. Businesses that operate in high-crime areas are at risk for theft and vandalism to their facilities and equipment. The cost of replacing or repairing damaged assets can be costly for the business owner.
Pick out each sort of retirement account: it's miles a qualified retirement plan sponsored by means of an agency.
A few eligible employees can make contributions that are salary deferral. Contributions may be made put up-tax or pre-tax. There are a few regulations on the withdrawal restriction as personnel can not withdraw the assets to a positive extent, if employees do so, they will be penalized.
A man or woman's retirement account in America is a shape of pension furnished by many financial establishments that gives tax blessings for retirement savings. it's miles a belief that holds funding belongings bought with a taxpayer's earned earnings for the taxpayer's eventual advantage in the antique age.
An IRA, or personal retirement account, is an account on your retirement that enables you to postpone paying taxes till the money is withdrawn. it is similar to a 401(okay), however, in preference to the account being managed through your business enterprise, that is an account you pick and manage yourself.
Learn more about retirement account here: brainly.com/questia on/1637877
#SPJ4
D.) Empowerment because it's the ability to make changes to improve other peoples lives.
