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2 years ago

8

To assess the current value of a lump-sum retirement benefit that will be received in 10 years, use the __________ calculation.

A. present value of annuity B. present value of a single amount C. future value of an annuity D. future value of a single amount

1 answer:

Helen [10]2 years ago

4 0

A present value of annuity would be the answer

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There are these Karens at my house putting their trash in front of MY HOUSE and what can i do?

Artemon [7]

Call the cops or leave them be Karen’s

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2 years ago

Read 2 more answers

Rick deposited $3,100 into an account 13 years ago for an emergency fund. Today, that account is worth $5,280. What annual rate

trasher [3.6K]

Answer:

4.18%

Explanation:

The formula for used for this calculation is given as

Future value = Present( Initial) value (1 + r)ⁿ

Where n = number of years of the investment = 13 years

Future value (Amount of the investment after 13 years)= $5,280

Present ( Initial) value (Amount of the investment before 13 years) = $3,100

r = rate of return

The formula for r is derived as:

r = (Future value/ Present (initial) value)¹/ⁿ- 1

r = ($5,280/$3,100)¹/¹³ - 1

r = 1.0418139573 - 1

r = 0.0418139573

r is always in percentage format

r = 0.0418139573 × 100

r= 4.18139573%

Approximately, the rate of return annually for 13 years = 4.18%

8 0

2 years ago

Which of the following is not an example of a legal barrier to entry? Group of answer choices a public franchise economies of sc

LuckyWell [14K]

Answer:

The answer is economies of scale .

Explanation:

Government license, patents and public franchise are all forms of legal barriers that prevents new entrants from copying, imitating or entering the market. However, economies of scales are a economic barrier that arises due to the scale of operations of a firm and is not a legal barrier.

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2 years ago

A production department in a process manufacturing system completed its work on 84,000 units of product and transferred them to

daser333 [38]

Answer:

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

The equivalent units under each of the three assumptions are

Materials Conversion <u>67,800 67,800</u>

Materials Conversion<u>56730 56730</u>

Materials Conversion <u>69060 69060</u>

Explanation:

<u>Assumption 1 : </u>all materials are added at the beginning of the process and conversion is 100% complete

<u>Particulars Units % of Completion Equivalent Units</u>

<u> Materials Conversion Materials Conversion </u>

BWIP 25,200 100 100 25,200 25,200

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

<u> 16,200 16,200 16,200</u>

<u>Equivalent Units 67,800 67,800</u>

<u />

<u>Assumption 2:</u>

Beginning Inventory is 40% complete as to materials and conversions and ending inventory is complete 75 %as to materials and conversions.

<u>Particulars Units % of Completion Equivalent Units</u>

<u> Materials Conversion Materials Conversion </u>

BWIP 25,200 40 40 10,080 10,080

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

<u> 16,200 75 75 12150 12150</u>

<u>Equivalent Units 56730 56730</u>

<u />

<u>Assumption 3:</u>

Beginning Inventory is 60% complete as to materials and conversions and ending inventory is complete 30 %as to materials and conversions.

<u>Particulars Units % of Completion Equivalent Units</u>

<u> Materials Conversion Materials Conversion </u>

BWIP 25,200 60 60 15,120 15,120

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

<u> 16,200 30 30 4860 4860</u>

<u>Equivalent Units 69060 69060</u>

<u />

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

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2 years ago

Marginal thinking is best demonstrated by:

Aleonysh [2.5K]

Answer:

The correct option is A. Marginal thinking is best demonstrated by choosing to spend one more hour studying economics because you think the improvement in your score on the next quiz will be worth the sacrifice of time.

Explanation:

Marginal thinking can be described as a form of thinking in which a person evaluates the costs as well as the benefits of doing an extra task. The person thinks about the worth of the extra resources. For example, in the option A the person is thinking to study economics at the cost of an extra hour. This cost would benefit him to score more in the quiz which is worth the cost.

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2 years ago