Answer:
$923.98 and $1,466.58
Explanation:
The computation of the present value is shown below:
Year Cash flows Discount rate 8% PV of cash inflows
1 $100 0.9259259259 $92.59
2 $100 0.8573388203 $85.73
3 $100 0.793832241 $79.38
4 $200 0.7350298528 $147.01
5 $300 0.680583197 $204.17
6 $500 0.6301696269 $315.08
Present value $923.98
Now the
Future value = Present value × (1 + rate)^number of years
where,
Present value = $923.98
Rate = 8%
Number of years = 6 years
So, the future value
= $923.98 × (1 + 8%)^6
= $1,466.58
Commercial photography can mean any kind of photography that’s monetised in anyway, so in theory all Stock Photography is commercial…
Editorial photography covers a wide range of different styles and genre but in simplistic terms, the definition of editorial use is not selling stuff.
Answer:
Solution for question 1
It is not necessary that action that lower the short term interest rate will lower the long term interest rate also.
So given statement is false.
Solution for question 2
Because of subprime crisis in 2008 most of the Market collapsed and there is a huge problem of liquidity. Yield on US treasury security was decreased and so the price of treasury securities was increased.
Hence, given statement is true.
Solution for question 3
Countries with strong balance sheet mean countries are developed and so interest rate in these countries is lowered.
Hence, given statement is true.
Solution for question 4
One of the major function of Federal Reserve is to control economic activities. In the Era of globalization all countries economy is depend on other economy. So interest rate in USA highly dependent on other countries.
Hence, given statement is true.
Answer:
<u>Establish project priorities</u>
Explanation:
<em>Remember</em>, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.
In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.
Answer:
$2,745
Explanation:
Given that,
Direct labor hours used:
Assembly Department = 9
Sanding Department = 6
Machine hours used:
Assembly Department = 9
Sanding Department = 7
Cost for direct labor = $35 per direct labor hour
cost of the direct materials used = $1,500
Total cost of Job 600:
= Direct labor + Direct material + Assembly department overhead + Standard department overhead
= [(9 + 6) DLH × $35] + $1,500 + ($60 × 9) + ($30 × 6)
= $525 + $1,500 + $540 + $180
= $2,745
