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iren [92.7K]
3 years ago
7

An investment will pay $20,000 at the end of the first year, $30,000 at the end of the second year, and $50,000 at the end of th

e third year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the present value of this investment using a 10% annual interest rate. (Round your answer to nearest whole dollar.)
Business
1 answer:
kondaur [170]3 years ago
4 0

Answer:

$80541.

Explanation:

Please find the detailed answer as follows:

The Present value is the present value of a future amount of money or stream of cash flows of a specified rate of return . Please refer to the present value formula .

Present Value = 20000/ (1+.10) ^1 + 30000/ (1+.10) ^2 + 50000/ (1+.10) ^3 = $80540.95 or $80541  .Therefore the correct answer is $80540.95 or $80541.

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Jared Bledsoe hired Green Gardens, a local landscape firm to plant trees and shrubs in his front yard. The landscape is beautifu
Blizzard [7]

Answer:

Better Business Bureau

Explanation:

Jared's options are very limited, and by contacting the Better Business Bureau (BBB) he would basically be filing a complaint that is public and anyone in North America can access. The BBB cannot do anything to make Green Gardens actually return the money to Jared or even fix his garden, but by making the complaint public, Jared is applying public pressure to the company in order for them to respond in a favorable way.

Jared's problem may or may not be solved, but at least the stain in Green Gardens's reputation will remain.

6 0
3 years ago
Compute predetermined overhead rates and explain why estimated overhead costs (rather than actual overhead costs) are used in th
Crazy boy [7]

Why estimated overhead costs (rather than actual overhead costs) are used in the costing process is explained below.

A predetermined cost is an expenditure that a company estimates ahead of time.

This cost is calculated prior to the purpose of production and includes all variable costs that affect production in a manufacturing business.

Actual overhead costs are difficult to calculate for each job, especially in a production environment with a large number of jobs.

As a result, overhead costs are allocated according to some standardized methods, which may link overhead costs to direct labor, machining time, and material used in each job.

Manufacturing overhead in a manufacturing organization refers to indirect costs that are required for production but cannot be traced back to individual products.

Machine depreciation and factory rental are two examples of manufacturing overhead costs.

Hence, computation of predetermined overhead rates is given above.

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6 0
2 years ago
A customer opens an account at a brokerage firm to purchase securities in an offering. The customer must receive the disclosure
zhuklara [117]

Answer:

The correct option is A

Explanation:

NASAA stands for North American Securities Administrators Association,which describe or states that falling to provide or supply to customer, the purchasing securities in an offering.

It should be done at no later than the confirmation date of the transaction, either a preliminary prospectus or a final prospectus and an extra document, which altogether contained all the information stated in the final prospectus.

Therefore, the customer should receive the disclosure document on no later date than confirmation of the sale.

3 0
3 years ago
A common type of partnership that involves a managing partner and a financial partner is known as a(n):________
balandron [24]

A general partnership is a partnership when all partners share in the profits, managerial responsibilities, and liability for debts equally.

<h3>What is general partnership?</h3>

A general partnership, the most basic type of partnership under common law, is an organization of people or an unincorporated company that has the following major characteristics: Agreement, proof of existence, and estoppel must all be used to create it.

Two conditions must be met in order to form a general partnership: The company must have at least two owners. All partners must agree to accept unlimited personal responsibility for any debts or legal liabilities incurred by the partnership.

Unless otherwise stated in the agreement, all partners in a general partnership have equal standing and the authority to participate in the management of the business. When a decision must be made, each partner is usually given one equal vote.

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7 0
1 year ago
A dollar today is worth ______ a dollar in the future because it can be reinvested. Multiple choice question. the same as more t
timofeeve [1]

A dollar in the present day is worth less than that of the dollar in the future, because of returns generated over reinvestment.

<h3>What is reinvestment?</h3>

A process of investing something, which is invested more than once after generating returns over it, is known as a reinvestment. A currency is the most widely reinvested class of asset, and generally its value appreciates.

Hence, the significance of reinvestment is given above.

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5 0
1 year ago
Read 2 more answers
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