Answer:
Value of scholarship today = $30,484.90
Explanation:
The value of the Scholarship is the present value of the annual payment of $9,000 discounted as the annual interest rate of 7% per annum.
This can be computed using the formula below
Present Value = Annual cash flow × (1- (1+r)^(-n)/r)
n -number of years, r-interest rate
rate r- 7%, n=4, Annual cash flow = 9,000
Present Value = 9,000× (1-1.07^-4)/0.07
= 9,000× 3.3872
= $30,484.90
Value of scholarship today = $30,484.90
Answer:
interest expense 3,654 debit
cash 3,654 credit
Explanation:
For the first 6 month the note will pay 5.80% interest for the subsequent 6 month will pay at 6.70%
We do for the period Jan 2,2017 to June 30,2017
variable LIBOR rate:
126,000 x 5.80% / 2 = 3654
fixed rate of the promissory note:
126,000 x 6.00% / 2 =3,780
difference: 126 in our favor.
We pay the variable rate, not the fixed rate. THerefore, we made the entry for the variable rate
Answer:
8.43 %
Explanation:
Weighted Average Cost of Capital (WAAC) is the Cost of long term permanent sources of finance. We consider WACC on the Market Weight of sources of Finance.
WACC = ke × E/V + kd × D/V
where,
ke = cost of equity
= 11.08 %
E/V = Market Weight of Equity
= 100 % - 34 %
= 0.66
kd = cost of debt
= interest × ( 1 - tax rate)
= 5.38 % × (1 - 0.39)
= 3.2818 %
D/V = Market Weight of Debt
= 0.34
Therefore,
WACC = 11.08 % × 0.66 + 3.2818 % × 0.34
= 8.43 %
This is the concept of algebra, we are required to calculate the total time that Karla should spend in in reviewing, homework assignments and preparation for the next class.
Total number of classes=2
Number of credit hours=6 hours
Time taken for each class=6/2=3 hours
Number of hours for reviewing, homework and assignments should be equal to the amount of time spent in each of the classes. This will give us:
[number of hours]*[activities]
=3*3
=9 hours
Answer:
Explanation:
There is a difference between business management and technology management.
Business management refers to managing the organization's business perspective so that the direct business objectives of the organization is served.
Business management involves managing the domain, employees, looking after the business processes of an organization, etc. whereas
While technology management is used to make the business process simple and convenient through various aspects like managing the technical aspect of each and every business process and that is possible by having details about the technical aspects that are involved in all the business process of the organization.
For an organization to be successful it should possess all the required management techniques that include the business and technical aspects both.
Today the way of doing business has changed a lot and hence the organizations need to be quite diligent and effective in order to sustain and remain competitive in the industry.
