Answer: One of the principles of hierarchy is a clear <u>vertical </u>chain of command.
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Answer:
Making music leading to becoming a musician, basketball leading to wanting to be in the nba, etc.
Explanation:
Answer:
Explanation:
The journal entry is shown below:
Inventory A/c Dr $73,500
To Accumulated depletion A/c $73,500
(Being the depletion is recorded)
The computation is shown below
First we have to compute the depletion per ton which is shown below:
= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)
= ($400,000 + $100,000 + $80,000 - $160,000) ÷ (4,000 tons)
= $105
Now if 700 are extracted in first year, so the depletion would be
= 700 × $105
= $73,500
Answer:
Annual deposit= $7,648.27
Explanation:
Giving the following information:
A beach house in Southern California now costs $350,000.
Inflation rate= 5% per year
Interest rate= 13% annual
Number of years= 20
We need to find an annual payment to be made at the end of each year to reach the $350,000 goal.
We need to use the following formula of the future value:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
Real interest rate= 0.13 - 0.05= 008
A= (350,000*0.08) / [(1.08^20) - 1]= $7,648.27
Answer:
PV= $17,228.23
Explanation:
Giving the following information:
FV= $20,000.
The number of years= 4.
interest rate= 3.8%.
To calculate the initial investment required to reach the objective, we need to use the following formula:
PV= FV/(1+i)^n
PV= 20,000/(1.038^4)
PV= $17,228.23
