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Sveta_85 [38]
3 years ago
14

You receive​ $100 today,​ $200 in one​ year, and​ $300 in two years. If you deposit these cash flows into an account earning 12​

percent, the value in the account three years from now is​ ________.
Business
1 answer:
Lisa [10]3 years ago
3 0

Answer:

$628.49

Explanation:

Cash flows                     Discount factor      Future value

$100                         1.1449                $114.49

$200                         1.07                   $214

$300                          1                        $300

Future value                                                  $628.49

The discount factor is as follows

= (1 + interest rate)^number of years

For $100 the year is 2

For $200 the year is 1

For $300 the year is 0

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Answer:

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Explanation:

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8 0
3 years ago
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Answer:

Applied Overhead is higher than actual overhead. Hence, manufacturing overhead is $ 4,000

Explanation:

Given data:

estimated overhead = $2,40,000

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Overhead\  rate = \frac{Estimated\  Overhead}{Estimated\ direct\ labor\ cost}

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Applied\ Overhead = Actual\  Labor\ cost\times Overhead\ rate      

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6 0
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Answer:

$850,000

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