Nancy aspires to be a bussiness development manager what job requires does nancy need to fulfill

g You want to save sufficient funds to generate an annual cash flow of $50,000 a year for 20 years as retirement income. You cur

Nonamiya [84]

Answer:

You need to save $4,012.45 each year

Explanation:

Pertiuty in 20 years is $50,000.

So the amount must be in account after 30 years saving to enough for above pertiuty is calculated as below:

= $50000/(1+8%)+ $50000/(1+8%)^2+......+$50000/(1+8%)^20

= $50,000 * Annuity Factor ( 1-20 years) of 8%

=$50000*9.818

= $490,907

To have $490,907 (FV) in account after 30 years (tenor), now you have save an amount each year (PMT) calculated as below:

$490,907 = PMT*(1+8%)^30+....PMT*(1+8%)^2 + PMT*(1+8%)

= PMT * Discount Factor ( 1-30 years) of 8%

$490,907 = PMT * 122.346

-> PMT = $490,907/ 122.346

= $4,012.45

5 0

3 years ago

Watson Company has the following data: work in process beginning 18,000; work in process ending 25,000: direct labor costs incur

sergij07 [2.7K]

Answer:

Direct materials= $4,000

Explanation:

Giving the following information:

work in process beginning 18,000

work in process ending 25,000

direct labor costs incurred 5,000

Cost of goods manufactured 9,000

factory overhead 7,000.

To calculate the direct material we need to use the formula for the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

9,000= 18,000 + direct materials + 5,000 + 7,000 - 25,000

9,000= 5,000 + direct materials

4,000= direct materials

5 0

3 years ago

gossip is normal. i don't think it actually hurts anyone, said a new co-worker. what's the best way to respond? a. as long as no

dexar [7]

D is the correct answer. Gossip could be used as a good or bad thing. In general, it could wreck relationships with others.

Hoped this helped.

~Bob Ross®

3 0

3 years ago

Read 2 more answers

During the year, Octagon produced 8,000 units, used 24,000 direct labor hours, and incurred variable overhead of $120,000. Budge

Natali5045456 [20]

Answer:

Manufacturing overhead rate(spending) variance= $24,000 favorable

Explanation:

Giving the following information:

Actual direct labor hours= 24,000

Octagon produced 8,000 units and incurred a variable overhead of $120,000.

The hours allowed per unit are 2. The standard variable overhead rate is $3.00 per direct labor hour.

To calculate the variable overhead spending variance, we need to use the following formula:

Manufacturing overhead rate(spending) variance= (standard rate - actual rate)* actual quantity

Actual rate= 120,000/24,000= 5

Manufacturing overhead rate variance= (6 - 5)*24,000

Manufacturing overhead rate variance= $24,000 favorable

7 0

3 years ago

Ahmed's job with a communication company involves maintaining the relationship between it and the community. This involves inter

N76 [4]

Answer:

community relations manager

Explanation:

According to my research on different business roles and responsibilities, I can say that based on the information provided within the question it seems that Ahmed is performing the role of a community relations manager. Like mentioned in the question this role focuses on building and maintaining a relationship between the company and the community by taking an interest in the community's well-being which usually leads to community loyalty and an increase in business.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0

3 years ago