Answer:
-$306.15 and rejected
Explanation:
Year Cash flows Discount factor Present value
at 12%
0 $-119,000 1 $-119,000 (A)
1 $52,800 0.8928571429 $47142.86
2 $60,200 0.7971938776 $47,991.07
3 $33,100 0.7117802478 $23559.93
Sum $118,693.85 (B)
Net present value -$306.15 (A - B)
Answer:
The female artist Sinead O'Connor.
Explanation
Sinead O'Connor refused to accept the Grammy Award for her album in 1990 with the title "I do not want what I haven't got".
The reason that she gave for refusing the award was that the show that accompanied the award was too commercialized and materialistic.
The Grammy Awards began in 1959. A recipient of the award is given a gold plated trophy in the shape of a gramophone, which was an early recording device that followed the invention of the phonograph by Thomas Edison.
Answer:
$125,300
Explanation:
The computation of the total manufacturing cost is shown below:
Total manufacturing cost = Direct material cost + direct labor cost + Indirect materials + Factory manager salaries + Factory supplies + Indirect labor + Depreciation on factory equipment
= $40,500 + $39,600 + $15,200 + $7,200 + $9,000 + $6,300 + $7,500
= $125,300
Answer: False
Explanation:
The real interest rate is the nominal interest rate adjusted for inflation.
If the nominal interest rate was made with inflation in mind and this inflation is less than anticipated, the real rate will be higher not lower than expected.
For instance: Assume the nominal rate is 8% and the two parties assumed inflation would be 4%. Real rate would be:
= 8 - 4 = 4%
If inflation is instead 2%, real rate would be:
= 8 - 2 = 6%
Real rate would be higher than anticipated.
