"the ___________ is the highest-ranking is manager, responsible for all _____

A manufacturer of triaxial accelerometers wants to have $2,800,000 available 10 years from now so that a new product line can be

melomori [17]

Calculation of equal amount to deposit each year to get the future amount:

It is given that a manufacturer of triaxial accelerometers wants to have $2,800,000 available 10 years from now. So we can say that Future value is $2,800,000. We are also given that the deposit rate is 6% per year.

In order to find out the equal amount to deposit each year we need to calculate the annuity using the future value of annuity formula as follows;

Annuity = Future value of annuity / FV of $1 annuity

FV of $1 annuity (at 6% rate for 10 years) is 13.18079

Hence,

Annuity =2,800,000 / 13.18079 = 212,430.36

Hence , equal amount to deposit each year is $212,430.36

8 0

3 years ago

To ensure that people don’t waste their time trying to reach you, you should:

sleet_krkn [62]

Answer:

Keep your IM presence status current.

Explanation:

5 0

3 years ago

On December 31, Lowland, Inc., converts its $900,000 par value bonds (carrying value also $900,000) into 90,000 shares of $6 par

Alexeev081 [22]

Answer:

Lowland, Inc., entry to record this conversion includes a

Dr Bonds Payable $900,000

Cr Common Stock $540,000

( 90,000 shares x $6 par value per share)

Cr Paid-In Capital in Excess of Par Value $360,000

($900,000 -$540,000)

Explanation:

Since Lowland, Inc. converted its $900,000 par value bonds and carrying value also $900,000) into 90,000 shares of $6 par value common stock which means we have to Debit Bonds Payable with $900,000 and Credit Common Stock with $540,000 which is

( 90,000 shares x $6 par value per share) , then Credit Paid-In Capital in Excess of Par Value for $360,000 which is ( value of bonds converted of $900,000 - par value of shares of common stock issued of $540,000).

5 0

3 years ago

expenditures for residential care facilities ambulance providers medical care delivered in nontraditional settings such as senio

love history [14]

The expenditures such as the medicaid programs represent about 5 percent of the cost of health care.

<h3>What is medicaid?</h3>

This is an insurance program that is done as a health coverage to millions of Americans in the United States.

The insurance helps to trake care of the costs of health care for the people that are unable to afford health care.

Read more on medicaid here: brainly.com/question/517714

8 0

2 years ago

Metlock, Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at Decemb

AURORKA [14]

Answer:

The $5,434 is the the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis.

Explanation:

Based on the Generally Accepted Accounting Principles (GAAP), the inventory value should be recorded at the cost or net realizable value whichever is lower.

So, by using the above information. Now we can compute the ending inventory.

For Camera :

1. Minolta = Unit price × lower cost of Net realizable value or cost

= 3 × 156

= $468

2. Canon = Unit price × lower cost of Net realizable value or cost

= 10 × 147

= $1,470

For Light Meters:

1. Vivitar = Unit price × lower cost of Net realizable value or cost

= 15 × 104

= $1,560

2. Kodak = Unit price × lower cost of Net realizable value or cost

= 16 × 121

= $1,936

So, the ending inventory is sum of the value of all products which is equals to

Minolta + Canon + Vivitar + Kodak

$468 + $1,470 + $1,560 + $1,936

$5,434

Hence, $5,434 is the the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis.

7 0

3 years ago

"the ___________ is the highest-ranking is manager, responsible for all ______ planning in the organization"

"the _____ is the highest-ranking is manager, responsible for all planning in the organization"