Answer:
The administrative expenses in the planning budget for June would be closest to:
- d. $5,670 ⇒ $5,400 + (2,700 x $0.10) = $5,400 + $270 = $5,670
The net operating income in the planning budget for June would be closest to:
- c. $16,220 ⇒ ($47.80 x 2,700) - [$50,200 + (2,700 x $23.20)] = $129,060 - ($50,200 + $62,640) = $129,060 - $112,840 = $16,220
The medical supplies in the flexible budget for June would be closest to:
- d. $18,440 ⇒ $1,700 x (2,700 x $6.20) = $1,700 + $16,740 = $18,440
Answer:
What is the present value of the payments if they are in the form of an ordinary annuity?
Discount all cash flows
12,000/1.09=11,009
12,000/1.09^2=10,100
12,000/1.09^3=9,266
12,000/1.09^4=8,501
12,000/1.09^5=7,799
Add all these discounted cash flows= $46,675 is the present value of ordinary annuity
a-2. What is the present value of the payments if the payments are an annuity due?
In an annuity due payment is made at the beginning of the year so we subtract one from each compounding period so,
12,000/1.09^0=12,000
12,000/1.09=11,009
12,000/1.09^2=10,100
12,000/1.09^3=9,266
12,000/1.09^4=8,501
add all these discounted cash flows = $50,876= PV of annuity due
FV of ordinary annuity
PV= 0
PMT=12,000
I= 9
N= 5
FV=? Put these in financial calculator= $71,816
Fv of annuity due=
12,000+
PV=0
PMT=12,000
I=9
N=4
FV=?=66,877
Pv of annuity due is higher and FV or ordinary annuity is higher.
Explanation:
one could be food im not really
tbh idk some people has said he escaped others say hes still in there but whatever it is he needs to make another album.
Answer:
$1,200
Explanation:
during 2019, Harry can deduct:
- 50% of the costs of meals while on he is on business trips
- 100% of airfare and other travelling costs
- 100% of lodging costs while doing business
Harry's deductions = (50% x $200) + (100% x $600) + (100% x $500) = $100 + $600 + $500 = $1,200
Any expenses incurred during vacation are not deductible.
