Answer:
$440,113.37
Explanation:
Since the engineer is placing $7,000 at the end of every year for the 22 years, therefore the amount which will be saved by him at the end of 22 years shall be determined through the future value of annuity formula which is given as follows:
Amount after 22 years=R[((1+i)^n-1)/i]
In the given question
R=amount saved by engineer per year=$7,000
i=interest rate involved=9%
n=number of payment to be made=22
Amount after 22 years=7,000[((1+9%)^22-1)/9%]
=$440,113.37
A successful referral makes an employee feel better about the company they work for
Answer:
b. added to the unadjusted bank balance.
Explanation:
in the given case since the deposit is made as on June 30 and does not appear in the bank statement so while preparing the bank reconciliation the deposit in transit should be added to the non-adjusted bank balance as the bank did not received these deposits yet
But in the case of the company it already received it
hence, the correct option is b.
The overhead cost that should be allocated to Zeta via activity-based costing is $356,000.
The following formula for determining the overhead cost allocated to Zeta:
= Zeta pool no 1 ÷ total pool no 1 × pool cost + zeta pool no 2 ÷ total pool no 2 × pool cost + zeta pool no 3 ÷ total pool no 3 × pool cost
= 2,800 ÷ 4,000 × $160,000 + 55 ÷ 100 × $280,000 + 750 ÷ 3,000 x $360,000
= $356,000
Therefore we can conclude that the overhead cost that should be allocated to Zeta via activity-based costing is $356,000.
Learn more about the overhead here: brainly.com/question/11950737
To protect domestic businesses.
Let’s think of the USA and China:
If:
USA steel factories produces 1 steel girder and sells at $1000
Chinese steel factories produces 1 steel girder and sells at $500
—— If there is NO quotas, tariffs or other protectionisms, then the most rational thing is to purchase the Chinese steel girders. Harming USA steel factories.
—— If USA raises tariffs: Puts 50% tariff of Chinese steel
- Then Chinese steel, for USA consumers would cost $750. Lowering USA’s demand for Chinese steel but increasing USA consumer’s demand for USA steel.
They can increase the USA’s economic welfare as many domestic steel-extracting factories and their employee’s are protected/benefitted. Though, it may harm some manufacturing jobs.
Well, in the end it depends on the scale of those trade barriers.