Federated investors has a LOAN , with each mutual fund being managed by several portfolio managers who together take responsibility for the fund's performance.
Answer:
Explanation:
In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset
In mathematically,
= Book value - fair value
where,
Book value = Equipment cost - accumulated depreciation
= $672,000 - $174,000
= $498,000
And, the fair value is $384,000
Now put these values to the above formula
So, the value would equal to
= $498,000 - $384,00
= $114,000
Now the journal entry would be
Loss on impairment A/c Dr $114,000
To Accumulated depreciation A/c $114,000
(Being the impairment loss is recorded)
Answer:
Jake Werkheiser will have $170,322.48 at the end of 12 years.
Explanation:
We use the following formula to find the future value,
](https://tex.z-dn.net/?f=S%3DR%5B%5Cfrac%7B%281%2Bi%29%5En-1%7D%7Bi%7D%5D%281%2Bi%29)
S= future value
R= yearly payment =$5000
i= rate of interest = 9%=0.09
n =time =12 years.
Now putting the value of i, n, R
](https://tex.z-dn.net/?f=S%3D5000%5B%5Cfrac%7B%281%2B0.09%29%5E%7B12%7D-1%7D%7B0.09%7D%5D%281%2B0.09%29)
=$170,322.48
Jake Werkheiser will have $170,322.48 at the end of 12 years.
A work breakdown structure must be decomposed at least four levels in order to be effective- FALSE
By adopting task breaking, a popular productivity technique, workload can be made more reasonable and approachable. The instrument used to apply this method to projects is the Work Breakdown Structure (WBS), one of the important project management papers. To ensure that project plans are in sync, it does it on its own by combining size, cost, and schedule baselines.
A Work Breakdown structure is used to graphically, hierarchically, and deliverable-focused decompose a project (WBS). Project managers can use it to break down the focus of their operations and view all the tasks required to complete them, making it a helpful diagram.
To learn more about Work Breakdown structure click here:
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