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lukranit [14]
3 years ago
12

Find the present worth in year 0 of $60,000 in year 3 and amounts increasing by 15% per year through year 10 at an interest rate

of 11% per year. g
Business
1 answer:
Kamila [148]3 years ago
5 0

Answer:

Present worth is 398,577

Explanation:

First we need to grow the payment by 15% each year after year 4. Then we need to discount the amounts using the interest rate of 11% each year.

All the workings are done in the pdf file attached with this answer, please find it.

Download pdf
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A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea
n200080 [17]

Answer:

 Variable overhead efficiency variance $ 8,018 <u> </u>Unfavorable

Explanation:

<em>Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected.  </em>

Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance  

                                                                                      Hours

2,700 units should have taken (2,700 × 3.20)           8640

but did take  (actual hours)                                   <u>      9,400</u>

Efficiency variance in hours                                      760 unfavorable

standard variable overhead cost per hour           <u>$10.55</u>

Variable overhead efficiency variance                  $<u> 8,018  </u>Unfavorable

 Variable overhead efficiency variance $ 8,018 <u> </u>Unfavorable

8 0
3 years ago
If the primary key of the workshop offerings table contains the primary key for both the workshop table and account table, there
makkiz [27]
<span>If the primary key of the workshop offerings table contains the primary key for both the workshop table and account table, there is a many-to-many relationship between accounts and workshops.
</span><span>A </span>one-to-many relationship<span> includes the </span>primary key of<span> the “</span>one<span>” table as a foreign </span>key<span> in the “</span>many<span>” table. </span>
4 0
3 years ago
Sales to customers who use bank credit cards such as mastercard and visa are usually recorded by:a. Debit to Cash and a credit t
algol13

Answer:

c. Debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales

Explanation:

The journal entry is shown below:

Bank credit card sales A/c Dr XXXXX

Credit card expense A/c Dr XXXXX

       To Sales A/c XXXXX

(Being the sales is recorded via bank credit cards)

As the credit card has some expense so we debited the credit card expense along with the bank credit card sales and credited the sales as it is revenue which is to be credited

4 0
3 years ago
In addition to​ risk-free securities, you are currently invested in the Tanglewood​ Fund, a​ broad-based fund of stocks and othe
Murrr4er [49]

Answer:  6.29%

Explanation:

Required return = Risk free rate + beta ( expected return - risk free rate)

Beta.

= Correlation * \frac{Volatility of venture}{Volatility of fund} \\\\= 0.16 * \frac{0.8117}{0.2636} \\\\= 0.493

Required return = 3.63% + 0.493(9.03% - 3.63%)

= 6.29%

7 0
3 years ago
Do all rational consumers think alike why or why not
jeka57 [31]
Being rational does not necessarily mean that you have to think what others might be thinking for rationality means you consider what is most beneficial and try to balance it out with the negative effects of a specific actions. The benefits and detriments of a certain act might be varied in each person. 
4 0
2 years ago
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