1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lys-0071 [83]
3 years ago
5

You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $28,000, $32,000, $66,000,

and $99,000 to you each year over the next four years, respectively. All payments will be made at the end of the year. If the appropriate interest rate is 3.6 percent, what is the value of the settlement offer today
Business
1 answer:
larisa86 [58]3 years ago
6 0

Answer:

$202,137.90  

Explanation:

Year Annual payment Discount factor  Present value  

1 $28,000          0.965250965 $27,027.03  

2 $32,000          0.931709426         $29,814.70  

3 $66,000          0.899333423         $59,356.01  

4 $99,000          0.868082454 $85,940.16

Total present value                                         $202,137.90  

The discount factor should be computed by  

= 1 ÷ (1 + interest rate)^years  

where,  

rate is 3.6%  

Year = 0,1,2,3,4 and so on  

You might be interested in
Trevor Company expects sales of Product W to be 60,000 units in April, 75,000 units in May, and 70,000 units in June. The compan
Sedbober [7]

Answer:

65000 units

Explanation:

Given:

Expected sales of product W in April  = 60000 units

Expected sales of product W in May  = 75000 units

Expected sales of product W in June  = 70000 units

Inventory in hand at the end of each month = 40% of the next month's expected sale

Inventory expected at the end of the April = 40% of the expected sales in May

or

Inventory expected at the end of the April = 0.4 × 75000 = 30000 units

Therefore, the total units required in April =  Expected sales of product W in April + Inventory expected at the end of the April

or

the total units required in April = 60000 + 30000 = 90000 units

Now,

Excessive production in March (inventory) = 25000 units

Hence, the units required to be produced in April = the total units required in April - Excessive production in March (inventory)

or

the units required to be produced in April = 90000 - 25000 = 65000 units

7 0
3 years ago
Tony has been sent to sales training and the final examination requires delivering an effective sales presentation. If he passes
vazorg [7]

Answer: interactional

Explanation:

Based on the information given, the trainer’s failure to discuss these aspects of Tony’s presentation performance demonstrated a lack of attention to the interactional justice.

Interactional Justice involves the communication of the procedures that are used in judging the performance of a person. It focuses on the treatment that individuals get when there are implementation of certain procedures. This standard is utilized by the employees at work.

In this scenario, the trainer failed to interact with Tony as he didn't explain his flaws to him and didn't tell him the reason that he wasn't chosen. Thereby, the trainer didn't pay attention to interactional fairness.

8 0
2 years ago
Concord Company on July 15 sells merchandise on account to Pharoah Co. for $3800, terms 3/10, n/30. On July 20 Pharoah Co. retur
babunello [35]

Answer:

The amount of cash received from this sale on July 24 is $1940.

Explanation:

The sell of merchandise on July 15 will result in an increase in sales revenue of $3800 and accounts receivables of $3800. The entry would be,

July 15 Accounts receivable     $3800 Dr

                 Sales revenue              $3800 Cr

The sales return of $1800 will reduce the amount of accounts receivables. The amount of accounts receivables outstanding and eligible to receive payment from will be (3800 - 1800) = $2000

The accounts receivables are offered a 3% discount if they pay within the 10 days of sale. On July 24, the payment is received within discount period and the discount allowed will be,

Discount allowed = 2000 * 0.03 = $60

The cash received will be $2000 - $60 = $1940

6 0
2 years ago
Among the various kinds visual aids, tables are what?
pochemuha

The most difficult to construct.

6 0
3 years ago
Direct costs typically include the cost of direct labor as well as other direct costs for items such as material, travel, subcon
borishaifa [10]

Answer:

True

Explanation:

The direct cost is that cost which is directly related to the manufacturing process of the product or the production process of the product

The example of the direct cost involves direct material cost, direct labor cost, supplies cost of manufacturing, travel, subcontracts, computer time, etc

Hence, the given statement is true.

8 0
3 years ago
Other questions:
  • The two basic sources of​ stockholders' equity are​ ________.
    10·1 answer
  • Tempo Corp. will issue preferred stock to finance a new artillery line. The firm's existing preferred stock pays a dividend of $
    9·1 answer
  • In recent years, foreign firms were reluctant to merge with or acquire American corporations.a. Trueb. False
    9·1 answer
  • When economists study aggregate supply and aggregate demand, what are they studying? the supply and demand of a good produced by
    11·2 answers
  • And i oop.................
    14·2 answers
  • The nth term of the GP is (-1)^n(2)^n.
    11·1 answer
  • quantum mechanics shop sells a bicycle to reniel, a costumer who uses a local card(a national credit card, but not issued by an
    13·1 answer
  • In an inventory control system, the annual demand is 12,000 units, the ordering cost is GHS 30 per order and the inventory holdi
    7·1 answer
  • How to increase a website traffic
    13·1 answer
  • Can someone Plss help with this I’m not sure if that the right answer
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!