Answer:
Present Value of Annuity is $1,263,487
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where
P = Annual payment = $91,000
r = rate of return = 5.15%
n = number of years = 25 years
PV of annuity = $91,000 x [ ( 1- ( 1+ 0.0515 )^-25 ) / 0.0515 ]
PV of Annuity = $1,263,487
Answer: historical exchange rate
Explanation:
The temporal method is also referred to as the historical method. Under this method, the currency of a foreign subsidiary is being converted into the currency of the parent company.
It should be noted that under the temporal method, the income statement items which relate to newly recognized assets and liabilities generally are remeasured using the historical exchange rate.
Answer:
Top-down processing.
Explanation:
Top-down processing is the process by which the human brain uses information that it has been exposed to through one or more sensory systems. It is a cognitive process that starts with our thoughts and flows to lower level senses.
Information is processed through our senses and the brain creates perceptions of these information.
In this instance has been working as a tea taster for 15 years, so she has been exposed to various tea flavour through sensory organs of taste. When she visits tea gardens in the country of Bodonia to grade teas according to their quality and taste, she uses her previous knowledge of teas to grade the Bodonia teas.
Answer:
The correct answer is letter "C": joint venture.
Explanation:
Two or more firms in an international joint venture plan to contribute capital and resources to a common project. Developers, producers, and service providers usually get together to form a joint venture. The parties, if successful, split the profits based on the value of their respective contributions to the joint venture.
Answer:
Variable cost per unit= $0.5
Explanation:
<u>To calculate the variable and fixed costs under the high-low method, we need to use the following formulas:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (5,420 - 2,925) / (8,870 - 3,880)
Variable cost per unit= $0.5
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 5,420 - (0.5*8,870)
Fixed costs= $985
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 2,925 - (0.5*3,880)
Fixed costs= $985
