I think it’s around 18 million or more people that make more than 1 million or 1 million yearly
Jan has just found out that she has been appointed to raise and provide the personal care of the children of her best friend in her will. Jan considered in this will as guardian.
What does guardian do?
A guardian is answerable for an elder or minor ward's personal care, which includes housing and medical care. Guardian make certain that their ward has an area to stay, including the guardian's domestic, with a caretaker, or in an assisted living or full-care facility.
Who's guardian in own family?
A guardian is normally a close blood relative of the kid. this is usually a person who has spent some time with the kid, has some emotional or relational connection to them, and is acquainted with the kid's needs. this will be the kid's grandparent, aunt/uncle, or different relative.
What is a guardian for a kid?
A guardian is a person who has the legal authority to attend to a baby have to whatever appear to the parents. Guardians are answerable for taking all parental choices and can also be chargeable for coping with a toddler's property and inheritance.
Why might a infant want a guardian?
A child guardian will be needed in a toddler matter wherein the pursuits of the kid won't be represented. this may generally occur when the social services are involved in the court cases and there is an problem with the dad and mom potential to appearance after the wishes and interests of the kid.
Learn more about guardian here:- brainly.com/question/27768834
#SPJ4
Answer:
A. 136.2 days
Explanation:
To compute the average days inventory outstanding, first, we have to find out the inventory turnover ratio
Inventory turnover ratio = Cost of goods sold ÷ average inventory
where,
Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2
= ($546,745 + $585,764) ÷ 2
= $566,254
And, the cost of good sold is $1,517,397
Now put these values to the above formula
So, the answer would be equal to
= $1,517,397 ÷ $566,254.50
= 2.67 times
Now, Days in inventory = Total number of days in a year ÷ inventory turnover ratio
= 365 days ÷ 2.67 times
= 136.70 days approx
Option 1: PV = $400,000
Option 2: Receive (FV) $432,000 in one year
PV = FV(1/(1+i)^n), where i= 8% = 0.08, n = 1 year
PV = 432,000(1/(1+0.08)^1) = $400,000
Option 3: Receive (A) $40,000 each year fro 20 years
PV= A{[1-(1+i)^-n]/i} where, n = 20 years
PV = 40,000{[1-(1+0.08)^-20]/0.08} = $392,725.90
Option 4: Receive (A) $36,000 each year from 30 years
PV = 36,000{[1-(1+0.08)^-30]/0.08} = $405,280.20
On the basis of present value computations above, option 4 is the best option for Kerry Blales. This option has the highest present value of $405,280.20
