Answer:
Present value deposit today = 216,886 (Approx)
Explanation:
Given:
Number of year (n) = 16 years x 4 quarter = 64
Rate of interest (r) = 1.6% = 0.016 / 4 = 0.004
Future value = $280,000
Present value = ?
Computation of present value deposit today:
Present value deposit today = 216,886 (Approx)
Answer:
The answer is: full disclosure principle
Explanation:
Full disclosure principle in accounting refers to the requirement that businesses are supposed to provide all material information pertaining to their operations to the stakeholders of the business so as to facilitate better decision-making frameworks when evaluating the business.
The going concern principle is based on the assumption that the business will not cease operating in the foreseeable future. The matching principle requires that the expenses incurred in carrying out an economic activity are recorded in the same period as the revenues earned from that activity. The historical cost principle requires assets or liabilities to be recorded at their acquisition value.
Answer:
Andrew Jackson (AJ for short) was a statesman. He reached the height of this career when he became the 7th President of the United States (POTUS, having served as a soldier and a general in the United States Army). His administration spanned two terms of 4 years each (1829 to 1837)
In direct reference to the question, it can be said that due to his action, he was rather tyrannical than monarchial.
Explanation
On the overall, AJ is regarded by may historians favorably due to his many big wins. Some of those wins which he achieved as POTUS are:
- The payment of a long standing national debt
- the conclusion of the "most favored nation" treaty with the United Kingdom, which settled claims of damages against France from the Napoleonic Wars,
- Prevention of the renewal of the charter of the Second Bank of the United States which was deemed as corrupt established created to enrich the wealthy at the expense of the plebian class and
- the recognition Texas as a Republic. It may be worthy of note that he was the first POTUS to have survived an assassination attempt as a sitting president.
Irrespective of the above, his career was marred by two major dents:
- The endorsement of the of the 1830 Indian Removal Act which forced many Native American tribes in the South to a space that became known as the Indian Territory. The forceful relocation was deemed necessary by the Blue Bloods (White Population) and resulted in mass suffering, mass death by many who where diseased during the forced relocation.
- The Nullification Crises: For some reason, the congress approved a bill which by itself was designed to fail or be disapproved. It placed a huge tariff (as much as 45%, a historic high) on the Southern Cotton Farmers. The bill became known as the "Tariff of Abominations". He later conceded to several downward revisions of the tariff, first to 27% and further downwards later but not after it had caused a lot of rift between the state of South Carolina and the Federal Government where in the South Carolina had declared the bill unconstitutional. This call out against the Federal Government became known as the Nullification Crises.
Cheers
Answer:
$65,000
Explanation:
The total cost of the additional order will be $46,000 of fixed costs and an additional $160 of variable costs for each of the 370 bikes. The additional production cost is:
If each bike is going to be sold for $460, then the additional income (excluding taxes) from accepting this order is:
Radar's additional income is $65,000.
Answer:
D. Principal and interest
