He business decisions of a corporation are made by whom?

Your cousin is currently 9 years old. She will be going to college in 9 years. Your aunt and uncle would like to have $ 100 comm

yawa3891 [41]

Answer:

They need to put into the account a total of $67,290 to ensure that they will have $ 100,000 in 9 years.

Explanation:

We have to calculate the present value of the sum needed in 9 years ($100,000), with a annual fixed interest rate of 4.5%.

This can be calculated as:

$PV=FV/(1+i)^n\\\\PV=100,000/(1.045)^9\\\\PV=100,000/1.486\\\\PV=67,290$

They need to put into the account a total of $67,290 to ensure that they will have $ 100,000 in 9 years.

7 0

3 years ago

On January 1, 2018, David Mest Communications granted restricted stock units (RSUs) representing 25 million of its $1 par common

natima [27]

Answer:

See the explanation below.

Explanation:

Total compensation expenses = 25 million * 15 = $375 million

1. On December 31, 2018.

Compensation expenses = $375 million / 3 = $125 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 125

Paid-in Capital - Restricted stock 125

To record the compensation expenses for 2018.

2. On December 31, 2019.

Compensation expenses = [$375 million * 96% * (2/3)] - $125 million = $115 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 115

Paid-in Capital - Restricted stock 115

To record the compensation expenses for 2019.

3. On December 31, 2020.

Compensation expenses = ($375 million * 96%) - $125 million - $115 million = $120 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 120

Paid-in Capital - Restricted stock 120

To record the compensation expenses for 2020.

5 0

3 years ago

Why does a taxminusdeferred retirement account accumulate more money than a taxable account, assuming the same amount is contri

skad [1K]

Answer:

Simply because tax-deferred accounts are taxed only when the investor receives or withdraws money from them. For example, a 401 (K)'s interest and capital gains are not taxed until the beneficiary retires and starts to receive payments, and that may take a long time.

It is not the same to be taxed immediately, because that reduces the amount invested. For example, you invest have $100 to invest and your income tax rate is 22%.

a tax-deferred account that earns 5% per year will earn $5, and then the principal will increase to $105 for the next, and keep earning more money.
a taxable account will only have a $78 after taxes are paid, and if it earns 5%, then it will only earn $3.90 at the end of the year, and the principal will increase to $81.90.

8 0

3 years ago

I got some answers here on brainly and all of your answers were wrong?

cricket20 [7]

Answer:

LOL BRO Thats how I be sometimes

4 0

2 years ago

Flexible Budget for Various Levels of Production Budgeted amounts for the year: Materials 2 leather strips $7.00 Labor 1.5 hr. $

trapecia [35]

Answer:

Results are below.

Explanation:

Giving the following information:

Materials 2 leather strips $7.00

Labor 1.5 hr. $18.00

VOH 1.5 hr. $1.20

FOH $6,800

First, we will determine the total cost at different production levels:

3,500:

Direct material= 3,500*7= 24,500

Direct labor= 18*3,500= 63,000

VOH= 3,500*1.2= 4,200

FOH= 6,800

Total cost= $98,500

4,000:

Direct material= 4,000*7= 28,000

Direct labor= 18*4,000= 72,000

VOH= 4,000*1.2= 4,800

FOH= 6,800

Total cost= $111,600

4,500:

Direct material= 4,500*7= 31,500

Direct labor= 18*4,500= 81,000

VOH= 4,500*1.2= 5,400

FOH= 6,800

Total cost= $124,700

Finally, the unitary cost:

3,500:

Unitary cost= 98,500 / 3,500= $28.14

4,000:

Unitary cost= 111,600 / 4,000= $27.9

4,500:

Unitary cost= 124,700 / 4,500= $27.71

The production costs are essentially variable. In unitary bases, they remain constant. The fixed costs vary with the level of production on a unitary basis. Therefore, the higher the units produced, the lower the fixed unitary cost.

3 0

3 years ago