During the first year of operations, a company granted warranties on its products at an estimated cost of $8,500. The product warranty expense should be recorded in the years of the expenditures to repair the products covered by the warranty payments.
True or False
the answer is false
Answer:
$201,302
Explanation:
Calculation for How much must he invest today if the first withdrawal is at year-end
First step is to calculate (FVF-OAn,i) using financial calculation
R = 30,000
n = 10
i = 8%
(FVF-OAn,i)=(6.71008)
Now let calculate the amount to be Invested today using this formula
Investment today = R (FVF-OAn,i)
Let plug in the formula
Investment today= 30,000 (6.71008)
Investment today = $201,302
Therefore the amount he must invest today if the first withdrawal is at year-end is $201,302
Answer:
The correct option is C,productive efficiency
Explanation:
Allocative efficiency occurs when goods are produced to reflect the preferences of the consumers.This means that the producers are not concerned about deploying their resources in the most efficient manner as the overriding point is the satisfaction of customers' expectations.Hence option B is wrong.
Voluntary exchange refers to process of suppliers and customers engaging in business transactions with freewill.
However,productive points to effective and efficient allocation of resources to yield maximum output and at the lowest possible cost per unit.No doubt option C is the correct answer.
Answer:
Firms after tax of debt is 6.87%
Explanation:
Firm's after-tax cost of debt is calculated using the RATE function as follow:-
=RATE(nper,pmt,pv,fv)*(1-tax rate)
=(RATE(20*2,40,-894.87,1000)*2)*(1-25%)
=6.87%
