Answer:
The amount of money that must be deposited to day to fund this gift is<u> $2,568,807.34</u>.
Explanation:
In order to determine this, we employ the formula for calculating the present value of a perpetuity since the fund is meant to provide $140,000 a year forever.
A perpetuity can be described as payments that is made or received periodically forever or indefinitely.
The formula for calculating the present value of a perpetuity is given as follows:
PV = M / i ............................. (1)
Where;
PV = the amount of money that must be deposited today = ?
M = yearly amount to receive forever = $140,000
i = expected rate of return = 5.45, or 0.0545
Substituting the values into equation (1), we have:
PV = $140,000 / 0.0545
PV = $2,568,807.34
Therefore, the amount of money that must be deposited to day to fund this gift is<u> $2,568,807.34</u>.
Answer:
Here is a sample of the most common marginalized groups:
GLBT.
Senior citizens.
Racial/Cultural minorities.
Military Combat Veterans.
Persons of below average intelligence.
Hearing, visually, and Physically Challenged Persons.
Persons with a serious and Persistent Mental Illness (SPMI)
Persons with Cognitive Impairments.
Post-closing trial balance is a list of <u>permanent</u> accounts and their balances<u> ledger</u> all <u>closing- </u>entries have been journalized and posted.
The post-closing trial balance is a balance sheet report that is made after the closing journal in order to ensure that the total balance in the general ledger is balanced or in accordance with the balance. This method is made in order to convince every accountant or businessman who makes closing journals so that they do not have an error in the calculation difference.
Generally, this balance sheet is able to produce real accounts, namely capital, assets and debt. However, nominal accounts, such as income and expenses, are closed by closing entries. Thus, the next step in making good financial statements is to present a statement of financial position, profit and loss, and capital so that later there will be no calculation errors.
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Answer:
The correct answer is letter "C": grouped.
Explanation:
In groups communication information is shared among three or more individuals to reach a middle point for each of the parties involved in which they can work together to reach an objective. In that chat, the role of each individual is established so their joint effort will help them achieve their goal efficiently and faster.
Answer:
1. 96,000
2. 92,000
3. 89,600
Explanation:
The computation of given question is shown below:-
1. Total Equivalent units of production
Units Percentage of Equivalent units of
material production material
Goods completed 80,000 100% 80,000
Ending goods in
process 16,000 100% 16,000
Total Equivalent units of production 96,000
2. Total Equivalent units of production
Units Percentage of Equivalent units of
material production material
Goods completed 80,000 100% 80,000
Ending goods in
process 16,000 75% 12,000
Total Equivalent units of production 92,000
3. Total Equivalent units of production
Units Percentage of Equivalent units of
material production material
Goods completed 80,000 100% 80,000
Ending goods in
process 16,000 60% 9,600
Total Equivalent units of production 89,600
So, for computing the all three points of Equivalent units of production we simply added the Goods completed of Equivalent units of production material with Ending goods in process of Equivalent units of production material. Hope this helps! Mark brainly please!