Answer:
The present value of the deferred annuity payments that the company will pay to its CEO
Explanation:
This can be calculated using an appropriate discount rate. Suppose the discount rate is 10% and the present value of payment reciept in the year 6, 7, 8, 9 and 10 will be calculated using the following formula:
Present Value = Cash flow * 1/(1+r)^n
PV of Yr 6 payment = $2 million * 1/(1+10%)^6 = $2 million * 0.564= $1.13M
PV of Yr 7 payment = $2 million * 1/(1+10%)^7 = $2 million * 0.513= $1.03M
PV of Yr 8 payment = $2 million * 1/(1+10%)^8 = $2 million * 0.467= $0.933M
PV of Yr 9 payment = $2 million * 1/(1+10%)^9 = $2 million * 0.424= $0.848M
PV of Yr 10 payment= $2 million* 1/(1+10%)^10 = $2 million * 0.386= $0.771M
So the total liability = $1.13M + $1.03M + $0.933M + $0.848M + $0.771M = $4.652. So this is the liability on a discount rate 10% choosen.
There are 4 stages in the evolution of partnering represented by 4As. First is ADVISE, in this stage you express your interest in becoming his partner and communicate the intention of your product/business. Next is ACCLIMATE, this stage is when your potential partner understands the product/business. Then, ACTIVATE. This stage is when you start planning strategies with your partner on how to sell the product. Lastly, ACCELERATE your strategies into reaching greater consumer market.
Answer:
Dr Income Tax Expense 37,000
Cr Deferred Tax Liability 2325
Cr Income Tax Payable 34,675
Explanation:
Bridgeport Inc Journal entry
Dr Income Tax Expense 37,000
Cr Deferred Tax Liability 2325
Cr Income Tax Payable 34,675
Income Taxes Payable = ($138,700 x 25%)
= $34,675
Deferred Tax Liability
= ($9,300 x 25%)
= $2,325
$144,200 + $3,800 – $9,300
= $138,700
Answer:
The correct answer is A. GDP excludes nonmarket transactions.
Explanation:
The GDP is an indicator that is considered deficient in the measurement of the quality of life of the people, since the aggregate of the production of a country prevails during a year. However, there are other types of transactions that are not considered in the calculation, due to how difficult it would be to detect them, such as work carried out at home and undeclared operations to evade taxes.
Answer:
The answer is A.
Explanation:
The goal of all business firms is to maximize profits. No business is set up just to be making losses. Even Not-for-profit companies are not being expected to be running at loss.
Maximizing profits increase shareholders's wealth.
Maximizing consumers's utility is from the perspective of customers. A customer is seeking yo maximize its utility.