Answer:
option (e) $62,311
Explanation:
Data provided in the question:
Annuity paid each year = $5,000
Annual payment = $5,000
Interest rate, r = 5% = 0.05
Time period, n = 20 years
Now,
Present value of annuity = Annuity × 
on substituting the respective values, we get
Present value of annuity = $5,000 × 
or
Present value of annuity = $5,000 × 12.4622
or
Present value of annuity = $62,311
Hence,
The correct answer is option (e) $62,311
I think it's c. I hope this helps.
Answer:
$60 million
Explanation:
The quick ratio is the financial ratio of the current assets less inventory to current liabilities. While the accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity.
This may be expressed mathematically as
Assets = Liabilities + Equity
Given that quick ration is 1.7 and current liabilities = $50 million
1.7 = current assets less inventory/$50 million
current assets less inventory = 1.7 * $50 million
= $85 million
The total asset is made up of the current assets less inventory, inventory, fixed assets. Let the balance for fixed assets be y
$85 + $65 + y = $210 (all amounts in millions)
y = $210 - $150 (all amounts in millions)
y = $60 (all amounts in millions)
Answer:
Evaluative or Critical listening
Explanation:
In evaluative listening, or critical listening, judgments are made about what the other person is saying for assessment of the truth of what is being said.
Listeners judge what is being said against values, assessing them as good or bad, worthy or unworthy.
Evaluative listening is particularly pertinent when the other person is trying to persuade the listener, perhaps to change their behavior and maybe even to change their beliefs.
Evaluative listening is also called critical, judgmental or interpretive listening.
In the scenario, Emily was evaluating what her boss was saying while she was listening and preparing a defensive remark, hence she was practicing evaluative listening.
Answer: b. Appraisal cost
Explanation: Appraisal cost, also known as inspection costs, are those costs incurred by a company, as part of the quality control process, to detect defective products before the products are moved to the market, in order to meet consumers' expectations.
This is done because the losses that will be made when defective products are sold, outweigh the appraisal costs.
Therefore, Sanford Corp. has incurred appraisal cost in buying the new technological systems, knowing that if the quality of the Company's products is not up to consumer standards, the losses that will be incurred will surpass that of the appraisal cost.
