Answer: A title and a hooking intro.
Explanation: For any writing no matter what it is you must always have a title and a good thesis/hook. If you do not have that it will be a very weak personal finance paper. Any paper you wrote or will write, would be bad without these topics. I hope that this is helpful to you. Have a good weekend!
Answer:
Internal rate of return method
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
Accounting rate of return = Average net income / Average book value
Average book value = (cost of equipment - salvage value) / 2
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash.
Answer:
$2,260 Favorable
Explanation:
The computation of the variable overhead rate variance is shown below:
= Actual hours × actual rate - actual hours × standard rate
= $51,200 - 8,100 hours × $6.60
= $51,200 - $53,260
= $2,260 favorable
The Actual total variable manufacturing overhead comprises of
= Actual hours × actual rate
= $51,200
Simply we put the figures on the given formula.
Answer:
PV= $20,632.89
Explanation:
Giving the following information:
Annual payments= $4,700
Interest rate= 4.5%
Number of years= 5
First, we need to calculate the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {4,700*[(1.045^5) - 1]} / 0.045
FV= $25,712.34
Now, we can determine the present value:
PV= FV/(1+i)^n
PV= 25,712.34/(1.045^5)
PV= $20,632.89
