Answer:
$250,939,550
Explanation:
Data provided in the question:
Payout, P = $25 million = $25,000,000
Number of years, n = 15 years
Rate of return, r = 5.50% = 0.055
Now,
Present value = ![P \times\left[ \frac{1-(1+i)^{-n}}{i} \right]](https://tex.z-dn.net/?f=P%20%5Ctimes%5Cleft%5B%20%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%20%5Cright%5D)
on substituting the respective values, we get
Present value = ![\$25,000,000\times\left[ \frac{1-(1+0.055)^{-15}}{0.055} \right]](https://tex.z-dn.net/?f=%5C%2425%2C000%2C000%5Ctimes%5Cleft%5B%20%5Cfrac%7B1-%281%2B0.055%29%5E%7B-15%7D%7D%7B0.055%7D%20%5Cright%5D)
Present value = ![\$25000000 \cdot \left[ \frac{1 - 1.055^{-15}}{ 0.055} \right]](https://tex.z-dn.net/?f=%5C%2425000000%20%5Ccdot%20%5Cleft%5B%20%5Cfrac%7B1%20-%201.055%5E%7B-15%7D%7D%7B%200.055%7D%20%5Cright%5D)
Present value = ![\$25,000,000 \cdot \left[ \frac{1 - 0.447933}{ 0.055} \right]](https://tex.z-dn.net/?f=%5C%2425%2C000%2C000%20%5Ccdot%20%5Cleft%5B%20%5Cfrac%7B1%20-%200.447933%7D%7B%200.055%7D%20%5Cright%5D)
Present value = 25000000 × 10.037582
or
Present value = $250,939,550
the answer is: B. Promote a distinct Canadian culture and avoid saturation by U S programming
The entertainment industry in Canada surpass 15 Billion dollars in Gross Domestic Product each year. If the Canadian government does not support it, the huge chunk of Canadian economy would be taken by companies form united states (which is the most dominant force in entertainment industry globally).
Beside the economic benefit, When programs from Canadian entertainment is watched by people form other country, Canada could promote its culture and improve its relationship with people from different cultures.
Answer:
assembly labor
Explanation:
Overhead costs are the costs incurred in the operation. It is also known as operating expenses. The expenses excluding the expense of the manufacturing, selling and in providing the service are included in the overhead costs. It depends upon the nature of the business which decides the overhead cost. Rent, salaries, utilities, office supplies, and office equipment are some of the examples of overhead costs.
A financial plan is nothing more than a summary of your company's present financial situation and growth expectations. Consider any records that show your current financial status as a snapshot of the state of your company, and the projections as your hopes for the future. The financial plan is a snapshot of your company's current status,
As was previously stated. Your short- and long-term financial goals are informed by the predictions, which can serve as a springboard for establishing a plan of action. It aids you in establishing reasonable goals for the achievement of your company as a business owner.
Simply said, if you are well-versed in your finances, you are less likely to be taken aback by your current financial situation and better equipped to handle a crisis or rapid growth.
To learn more about financial plan, click here
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Answer:
$16,400
Explanation:
The formula for Retained Earnings = Total assets - Total Liabilities except Retained Earnings
Under the Balance sheet in accordance with this question, the asset recognizable are Cash Account Receivables Prepaid Rent and Merchandise inventory. The liability recognizable are Account payable, Salary Payable, Notes Payable and Common stocks
Therefore Retained earnings = (12000+3000+700+25000)-(14000+1500+800+8000)
Retained earnings = 40700 - 24300
Retained earnings = $16,400
