Answer:
b) 0
Explanation:
In this case, the manager observed that a worker spent 50% of his/her time mowing the garden, but in case this is correct, it would only apply to this worker. She would need to collect data and analyze it from a much larger sample which includes other workers in order to determine if this proportion applies to whole group. You cannot infer a conclusion based on a limited amount of data collected from just one subject. The methodology is incorrect.
Answer:
PV=$10,593,984.88
Explanation:
This cash-flow described represents a growing annuity.
Present value of a growing ordinary annuity is calculated as follows:
PV=
where P = the annuity payment in the first period
i = interest rate per period that would be compounded for each period
g = growth rate
n = number of payment periods
from the question. P= $1,000,000; i=0.1; g= 0.04;n=18
PV= = $10,593,984.88
refuse to exert due diligence to cause the contingency to be satisfied within the time specified in the contract.
<h3>What is
contract?</h3>
A contract is a legally binding agreement that establishes, defines, and governs the mutual rights and obligations of its parties. A contract usually involves the exchange of goods, services, or money, or the promise to exchange any of these at a later date.
The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
A contract for difference (CFD) is a contract between a buyer and a seller in which the buyer agrees to pay the seller the difference between the current value of an asset and its value at the time of the contract.
To know more about contract follow the link:
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Answer:
Chartered Accountant or Certified public accountant.
Explanation:
Chartered accountant is a designation or degree provided to the Accounting professional across the world except in United states, they have another equivalent designation of Certified public accountant. This designation required knowledge on accounting, tax, auditing, etc. They need to qualify in a rigorous accounting examination. As a professional their responsibility is to create financial statement, filling or helping company to file or calculate tax and providing financial advice.
Answer:
$8,721.5
Explanation:
As per the question details provided, we are required to calculate the value of levered firm. Difference between the levered and unlevered firm is that the levered firm compromises of both the equity and debt in its valuation while the unlevered firm only has equity and no debt.
Therefore, the value of levered firm is the sum of the value of unlevered firm and the tax shield available to firm as interest expense on the debt which is tax deductible. The calculation is as follows:
Value of Unlevered Firm (VU) = {Expected Earnings x (1 - Tax Rate)} / Cost of capital
VU = [$1,900 x (1 - .34)]/.16 = $7,837.5
Value of Levered Firm (VL) = VU + Tax Rate (Debt Value)
VL = $7,837.5 + .34 ($2,600) = $8,721.5
Hence, value of the firm is $8,721.5