<span>They can set good examples of people that have practiced savings and the result it had given them. Provide seminars of the results and actual computation of savings through targeted years and the possible assets that they may possess through savings. It can also help them avoid some financial problems that they might encounter. </span>
Answer:
generally you need to determine the cost per unit, but in this case you are given a percentage of depletion = 10% x $225,000 = $22,500 which determines the inventory value (or depletion expense if the timber is sold) during the year.
the journal entry should be:
December 31, 20xx
Dr Timber inventory 22,500
Cr Accumulated depletion - timber tract 22,500
Answer: $50,846.3701
Explanation:
Need to save $4 million to live comfortably,
Interest rate, r = 3%
N = 40 years
![Present\ value=\frac{FV_{N} }{(1+i)^{N}}](https://tex.z-dn.net/?f=Present%5C%20value%3D%5Cfrac%7BFV_%7BN%7D%20%7D%7B%281%2Bi%29%5E%7BN%7D%7D)
![Present\ value=\frac{4,000,000 }{(1+0.03)^{40}}](https://tex.z-dn.net/?f=Present%5C%20value%3D%5Cfrac%7B4%2C000%2C000%20%7D%7B%281%2B0.03%29%5E%7B40%7D%7D)
![Present\ value=\frac{4,000,000 }{3.262}](https://tex.z-dn.net/?f=Present%5C%20value%3D%5Cfrac%7B4%2C000%2C000%20%7D%7B3.262%7D)
= 1,226,241.57
![Present\ value\ of\ annuity= C\times\frac{1}{i}\times(1-\frac{1}{(1+i)^{N}}) + C](https://tex.z-dn.net/?f=Present%5C%20value%5C%20of%5C%20annuity%3D%20C%5Ctimes%5Cfrac%7B1%7D%7Bi%7D%5Ctimes%281-%5Cfrac%7B1%7D%7B%281%2Bi%29%5E%7BN%7D%7D%29%20%2B%20C)
![1,226,241.57= C\times\frac{1}{0.03}\times(1-\frac{1}{(1.03)^{40}})+C](https://tex.z-dn.net/?f=1%2C226%2C241.57%3D%20C%5Ctimes%5Cfrac%7B1%7D%7B0.03%7D%5Ctimes%281-%5Cfrac%7B1%7D%7B%281.03%29%5E%7B40%7D%7D%29%2BC)
![1,226,241.57= C\times\frac{1}{0.03}\times(1-\frac{1}{(1.03)^{40}})+C](https://tex.z-dn.net/?f=1%2C226%2C241.57%3D%20C%5Ctimes%5Cfrac%7B1%7D%7B0.03%7D%5Ctimes%281-%5Cfrac%7B1%7D%7B%281.03%29%5E%7B40%7D%7D%29%2BC)
![1,226,241.57=C[\frac{1}{0.03}\times(1-0.3065)+1]](https://tex.z-dn.net/?f=1%2C226%2C241.57%3DC%5B%5Cfrac%7B1%7D%7B0.03%7D%5Ctimes%281-0.3065%29%2B1%5D)
![1,226,241.57=24.1166\times C](https://tex.z-dn.net/?f=1%2C226%2C241.57%3D24.1166%5Ctimes%20C)
![C=\frac{1,226,241.57}{24.1166}](https://tex.z-dn.net/?f=C%3D%5Cfrac%7B1%2C226%2C241.57%7D%7B24.1166%7D)
= $50,846.3701
Hence, $50,846.3701 will be the annual payment to have $4 million in the account on 65th birthday.
Answer:
<em>d. adjourning
</em>
Explanation:
A group's <em>disbanding is called the adjourning phase</em>. The adjournment stage, created by Bruce Tuckman in 1977, is the fifth and final phase of group creation that takes place whenever a team concludes its work and then dissolves.
At around this point, it is crucial that team members get sufficient resolution and appreciation for the work they've done.
Remember that not all groups are going through a period of adjournment. If the team remains together for future projects, the adjournment stage of group growth would not go through.
Answer:
The best option is a.
The court will award Scotty a reasonable amount for the lessons he already taught.
Explanation: