Answer:
(A) $ 2,602.34
(B) $ 4,156.97
(C) $ 8,233.47
(D) $ 46,796.64
Explanation:
We need to solve for the PMT of an ordinary annuity:
(A)
FV 24,850
time 8
rate 0.05
C $ 2,602.337
(B)
FV 1,030,000
time: 43
rate 0.07
C $ 4,156.972
(C)
FV 856,000
time 29
rate 0.08
C $ 8,233.466
(D)
FV 856,000
time 14
rate 0.04
C $ 46,796.641
Answer:
Profitability index for Project 1 is 3.17
Profitability index for Project 2 is 1.75
The company should prefer project 1 based on the profitability index.
Explanation:
We calculate the profitability index by dividing the present value of future cash flows by the initial investment. So the profitability index for project 1 will be its future cash flows divided by the initial investment.
1,300,000/410,000=3
Profitability index for Project 1 is 3.17
We will do the same to calculate the profitability index for Project 2
7,000,000/4,000,000=1.75
Profitability index for Project 2 is 1.75
Answer:
(B.) Trust, justice and ethics
Explanation:
Trust refers to the faith employees put in their employers i.e the company to act in good faith.
Justice refers to acting without prejudice, or bias and acting with justness and fairness. It refers to taking morally sound decisions by the exercise of conscience.
Ethics refers to being guided by what is ethically right and following those practices which are acceptable to the society, government and stakeholders at large.
Thus, the degree to which an employee feels that their company does business with fairness, honesty and integrity relates to (B). Trust, Justice and ethics.
Answer:
The correct answer is option C.
Work in Process Inventory
Explanation:
Manufacturing overheads are the costs other than the direct materials and the direct labour which are related to the manufacturing process of the company. It is taken into account to find the exact cost of manufacturing.
Manufacturing Overhead are direct labour and direct material these cost will be transferred to work in process inventory.
