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goblinko [34]
3 years ago
7

Your employer contributes $60 a week to your retirement plan. assume you work for your employer for another 20 years and the app

licable discount rate is 9 percent. given these assumptions, what is this employee benefit worth to you today?.
Business
1 answer:
frutty [35]3 years ago
3 0
Present value annuity will be given by:
PVA=P[1-(1+r)^-n]/r
where:
PVA=present value annuity
P=periodic paymeny
r=rate per period
n=number of periods
substituting the value we get
PVA=60*[1-{1/(0.09/52)]^20})/(0.09/52)]
this will give us:
$28,927.38
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A _____ is a report based on research of compensation rates for workers performing similar jobs in other organizations.
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A Pay-Survey is a report based on research of compensation rates for workers performing similar jobs in other organisations.
5 0
2 years ago
an item selling for 46.40 was mark to obtain a gross profit of 45% on cost find the cost of this item​
Mila [183]

Answer:

32

Explanation:

Using Formula

Cost + (Cost*Margin) = Selling Price

Cost is not known...

Cost (1 + Margin) = Selling Price

Cost = Selling Price / 1 + Margin

Here, Margin is 0.45 of cost and selling price is 46.4

Cost = 44.4 / 1.45

Cost = 32

4 0
3 years ago
Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in most of the United States. Customers order
podryga [215]

Sonic corporation, founded as Sonic drive-In and more generally called Sonic "The force-In," is an American power-in speedy meals restaurant chain owned with the aid of inspire manufacturers, the discern employer of Arby's and Buffalo Wild Wings.

The agency, based by way of Troy N. Smith Sr. (1922–2009), opened its first location in 1953, below the name top Hat drive-In. Initially, a stroll up root beer stand out of doors a log cabin steakhouse selling soda, hamburgers, and hotdogs; Sonic, presently has three,549 locations inside the united states.

The employer's core products include the "Chili Cheese Coney", "Sonic Cheeseburger combo", "Sonic Blasts", "master Shakes", and "Wacky p.c. youngsters food." The organization also has a breakfast menu. although Sonic has operated because the early 1950s, Sonic Corp. incorporated in Delaware in 1990. It has its company headquarters in Oklahoma city; the headquarters building features a dine-in Sonic eating place in an adjacent building. prior to its acquisition by way of encourage manufacturers, its inventory traded on NASDAQ with the symbol SONC. Most eating places are owned and operated with the aid of franchisees. Total 2016 sales were around $100 million with internet profits of $18 million.

Learn more about Sonic Corporation here:-

brainly.com/question/25583824

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4 0
1 year ago
If the supply of a product decreases and the demand for that product simultaneously increases, then equilibrium: price must rise
MArishka [77]

Answer:

The correct answer is: price must rise, but equilibrium quantity may rise, fall, or remain unchanged.

Explanation:

If the supply of a product decreases the supply curve will shift to the left. At the same time, if there is an increase in demand, the demand curve will move to the right. This simultaneous shift in both demand and supply will lead to an increase in the price of the product.  

The change in the quantity demanded will depend on the extent of change in demand and supply.

If both changes by the same proportion the equilibrium quantity will remain the same. If demand increases more than the decrease in supply the equilibrium quantity will increase. If the demand increases less than decrease in supply, the equilibrium quantity will fall.

8 0
3 years ago
Provide the summary journal entry which shows the cash flow for each of the following for Mike Roe Computers during the reportin
IrinaK [193]

Answer:

a. DR Cash CR Customer

b. DR Suppliers (Liability) CR Cash

c. DR Employees (Salaries) CR Cash

d. DR Interest Expense CR Cash

e. DR Insurance Expense CR Cash

f.  DR Income Taxes CR Cash

Explanation:

This is an accounting question that attempts to test your understanding of Journal entries.

The logic behind journal entries rests on the understanding of double entry principle in accounting that states that for every debit entry, there must be a corresponding credit entry.

Furthermore, you credit the giver and debit the receiver for any transaction.

There is a simpler way to understand this though.

I will make a little assumption that you understand what assets, expenses, losses and liabilities are;

Based on this assumption;

whenever assets, expenses and losses go up or increase, you Debit (DR) them but when they go down or reduce, you Credit (CR) them

Also, whenever Capital, incomes, and Liabilities go up or increase, you Credit (CR) them and whenever they go down or decrease, you Debit (DR) them.

Please feel free to ask me further questions on this, I am sure the little explanation I have given above will help you with any journal entry question.

Thank you.

3 0
2 years ago
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