Answer
The answer and procedures of the exercise are attached in the following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 3 sheets with the formulas indications.
Answer:
The amount that should be invested to total $45,000 in 8 years is $18,995.
Explanation:
According to the situation, you have to calculate the amount that you have to invest in the present to get $45,000 in eight years. You can find it using the formula:
P= F/(1+(i/n))^nt
P= present value
F= future value: $45,000
i= interest: 11%
n= number of times compounded per year: 3
t= time in years
P= $45,000/(1+(0.11/3))^(8*3)
P= $45,000/(1+0.0366)^24
P= $45,000/2.369
P= $18,995
Answer: $1,288.98
Explanation: The cost of the Insurance is calculated at a cost per $100 of value. The first step is to calculate how many 100s are in the value of the property. This is done by dividing 1,023,000 by 100 = 10,230. Next, you need to multiply 10,230 by the rate of .126, which equals $1,288.98, the cost of the cost.
Based on the information about the debt obligations, to avoid the winner's curse, your bid should not be larger than $3 million. Therefore, it's false.
<h3>What are debt obligations?</h3>
It should be noted that debt obligations simply means the debt securities that are issued by companies in regards to money borrowed.
The firms that fail to meet their debt obligations are immediately auctioned off to the highest bidder in Sweden. In such a case, the current managers are often the high bidders for the company.
In such situations, to avoid the winner's curse, your bid should not be larger than $3 million. This is because it's the approximate intrinsic value.
In conclusion, based on the information about the debt obligations, her correct option is false.
Learn more about debt on:
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Answer:
b. Beginning work in process
Explanation:
Work in process (WIP) doesn't form part of the flow of manufacturing activities.
The flow of manufacturing activities include the following format:
Opening raw materials
+ Raw materials Purchases
Raw materials available for use in production
- Ending Raw Materials Inventory
Raw Materials Used in Production
<em>For manufacturing activities an entity will have the opening raw material to be used in production and will include more raw material purchased during the period which will total as the raw materials available for use in production. Through out the manufacturing activities the raw material available for use is utilized and any quantity that remains (i.e closing inventory) is subtracted to get raw material used in production, which also represents the cost of material used in the calculation of cost of goods sold (COGS). </em>
