Answer:
3 years
Explanation:
The computation of the time period is shown below
Present value of annuity = Annuity × [1 - (1 + interest rate)^-time period] ÷ rate
$2,000 = $734.42 × [1 - (1.05)^-n] ÷ 0.05
$2,000 = $14,688.4 × [1-(1.05)^-n]
1-(1.05)^-n = ($2000 ÷ $14,688.4)
(1.05)^-n = 1 - ($2000 ÷ $14,688.4)
( 1 ÷ 1.05)^n = 0.86383813
Now take the log to the both sides
n × log(1 ÷ 1.05) = log0.86383813
n = log0.86383813 ÷ log (1 ÷ 1.05)
= 3 years
Answer:
Judy must recognize $4,000 of gross income from the stock for the current year.
True
Explanation:
When you receive stock in lieu of cash for payment for services rendered. you'll first owe income tax based on the value of the stock at that time.
Answer:
The correct answer is letter "B": hygiene factors.
Explanation:
According to American psychologist Frederick Herzberg (1923-2000) in his Motivation-Hygiene Theory -<em>also known as Two Factor Theory</em>- some factors lead to individuals' satisfaction and dissatisfaction at work. Achievement, recognition, and growth are examples of factors that lead to satisfaction and policies, supervision, salaries or security influence dissatisfaction.
Though, <em>solving problems related to dissatisfaction will not make employees satisfied. Herzberg concluded that the opposite of satisfaction is no satisfaction and the opposite of dissatisfaction is no dissatisfaction.</em>
Answer:
D
Explanation:
Invoices are documents that convey purchases.