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9966 [12]
3 years ago
11

Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 950 2 1,180 3 1,400 4 2,140

a. If the discount rate is 8 percent, what is the future value of these cash flows in Year 4?
Business
1 answer:
Anon25 [30]3 years ago
3 0

Answer:

$6,225.08

Explanation:

The computation of the future value of these cash flows in year 4 is shown below:

= Year 1 cash flow × (1 + interest rate)^year + Year 2 cash flow × (1 + interest rate)^year + Year 3 cash flow × (1 + interest rate)^year + Year 4 cash flow × (1 + interest rate)^year

= $950 × 1.08^3 + $1,180 × 1.08^2 + $1,400 × 1.08^1 + $2,140

= $950 × 1.259712  +  $1,180 × 1.1664  + $1,400 × 1.08 + $2,140

= $1,196.7264  + $1,376.352  + $1,512  + $2,140

= $6,225.08

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Managers who are responsible for just one organizational activity are known as ______ managers.a. specialist b. first-line c. si
omeli [17]

Answer:

d. functional

Explanation:

A functional manager can be described as a managers whose responsibility is to manage an organizational unit such as a department within an organization.

A manager can be given the responsibility to manager a specific department such as marketing, engineering, IT,  or public relations.

The primary role of a functional manager is to be in charge and manage  resources in his department, and to also to direct the technical work of people working on a project under his functional area.

Therefore, managers who are responsible for just one organizational activity are known as <u>functional managers</u>. The correct option is d. functional.

5 0
3 years ago
Discretionary fiscal policy will stabilize the economy most when Group of answer choices deficits are incurred during recessions
inessss [21]

Answer:

deficits are incurred during recessions and surpluses during inflations

Explanation:

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes. These policies are carried out in a recession when the government wants to increase total spending

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes . These policies are carried out in periods of inflation when the government wants to reduce money supply in the economy

4 0
2 years ago
In credit terms of 3/15, n/45, the 3 represents the
Olin [163]

Answer:

The 3 represents the percentage of cash discount. It means the cardholder will receive a 3% discount if the bill is paid within 15 days from the billing date.

6 0
2 years ago
Should a local government be able to condemn property in order to sell it later to real estate developers for private use? Why o
ZanzabumX [31]
No,I don't think that the <span>government should be able to condemn property if what they plan to do is to sell it later for private use. This should apply to both the local and the national government. The government should only have the power to condemn property if some important need arises, such as security or infrastructure, and if the need is important for the functioning of a society. However, taking away someone's property to give it to someone else is not a good use of condemnation. </span>
4 0
2 years ago
Faz, Inc., manufactures and sells two products: Product X0 and Product W7. Data concerning the expected production of each produ
olya-2409 [2.1K]

Answer:

$230.49

Explanation:

To compute the overhead assigned to each unit of product XO, we would first determine the overhead rate, which is shown below;

Overhead rate = Total manufacturing overhead / Total direct labor hours

= $537,040 / 9,320

= $57.62 per hour rate.

Therefore, the overhead allocated amount would be ;

= Overhead rate × Direct labor hours per unit of product X0

= $57.62 × 4

= $230.49

8 0
3 years ago
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