Answer: $250,096
Explanation:
To find out the amount that should be invested today, one should find the present values of both figures and add them up:
Interest rate should be periodically adjusted so: 8% / 2 = 4% per semi annum
No of periods should be adjusted as well.
Amount to be invested today:
= $250,096
Flexible budgeting will show a change in the total of what fixed costs, variable costs and what revenues should have been at the actual level of activity.
Flexible budgeting differs from static budgeting in that it includes a leeway in organizational budgets according to production or sales in a given period.
This type of budget is prepared at the end of the accounting period and is used for organizational control purposes, as it allows for unforeseen situations that may occur in the micro or macro environment.
Therefore, flexible budgeting is used as a control instrument that considers costs as variables based on defined estimates.
Its main advantage is its greater flexibility and ability to keep budgets up to date.
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Answer:
no it depends the age and how good u are at your job.
Explanation:
Answer:
12.18%
Explanation:
Present value = $34,700
Future Value = $173,500
Time (n) = 14 years
Interest Rate = i
Future Value = Present Value * (1+i)^n
$173,500 = $34,700 * (1 + i)^14
(1 + i)^14 = $173,500/$34,700
(1 + i)^14 = 5
1 + i = 5^(1/14)
1 + i = 1.1218284
i = 1.1218284 - 1
i = 0.1218284
i = 12.18%
So, the annual interest rate she must earn is 12.18%.
Answer: b. Yes, he can subpoena records during the discovery process from both, but the bank and the app store may ask the judge to deny the request or limit the request due to privacy concerns.
Explanation:
Marcus can indeed compel the bank or the app store to provide additional information about the creator of the app should he wish to find out the creator's location and its potential assets so he can purse the case appropriately legal wise.
He can do this by subpoenaing the required information when laying the background for the suit. As this information is considered private and confidential however, both the bank and the store could appeal to the Judge to refuse Marcus's request on the grounds of privacy concerns.
