Answer: Difference = $185,948.5 - $147,285. = $38,663.5
Explanation:
To calculate the future value, you have to use the formula
fv = PA (1 + r/100)ⁿ
where
FV = future value
PA = Present Amount
r = rate
n = number of years
calculating for the future value if you earn a percent of 7.5 =
fv = 5,000 (1 + 0.075) ⁵⁰
fv = 5,000 ( 1.075)⁵⁰
fv = 5,000 (37.1897)
fv = 185,948.5
calculating the Fv when the rate is 7%
fv = 5,000 (1 + 0.070) ⁵⁰
fv = 5,000 ( 1.070)⁵⁰
fv = 5,000 (29.4570)
fv = 147,285
Then find the difference between the Fv when the rate is 7.5 and when the rate is 7
Therefore difference = $185,948.5 - $147,285. = $38,663.5
Answer:
the segment margin for the Domestic division is $162,200
Explanation:
The computation of the segment margin is as follows:
Segment Margin is
= Sales Revenues, Domestic - Variable Expenses, Domestic - Traceable Fixed Expenses, Domestic
= $541,000 - $314,000 - $64,800
= $162,200
Hence, the segment margin for the Domestic division is $162,200
Answer:
The answer is to Conduct an orientation session
Explanation:
Orientation programs no t only improve the rate at which an employee are able to perform at their jobs but also help employees satisfy their personal desires to feel they are part of the organization's social fabric.
401(k) plans<span> which are offered by for-profit companies, 403(b) plans are only available to employees of tax-exempt organizations. These are usually either schools, hospitals or religious groups. The names simply refer to the section of the tax code that outlines these plans. So Hopefully, He may go with 401k</span>
Answer:
VIGELAND COMPANY
Journal Entries
Date Description DR CR
Jan 15 Merchandising Inventory 14,400
Cash 14,400
Being record of inventory purchase
April 1 Cash 708,000
14% Note payable 708,000
Being the record of note payable issued
June 14 Bank 26,000
Unearned Income 26,000
Being the record of deposit received
July 15 Unearned Income 2,850
Service Revenue 2,850
Being the payment for the services rendered
Dec 12 Electricity bill payable 26,760
Electricity bill expenses 26,760
Being the unsetled bill for the year
Dec 31 Wages payable 29,000
Wages Expenses 29,000
Explanation:
