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Lostsunrise [7]
3 years ago
13

Crane Flight Services contributes $25 a week to Helen's retirement plan starting immediately. Assuming she works for Crane for a

nother twenty-two years and the applicable discount rate is 4 3/4%. Given these assumptions, the value of this employee benefit today is closest to: (state your answer to 2 decimal places)
Business
1 answer:
Zigmanuir [339]3 years ago
7 0

Answer:

The value of this employee benefit today is closest to $17,758.66

Explanation:

Crane Flight services per week contribution C = $25

Discount rate per r=4.75%

Discount rate per week r= 4.75% / 52 =0.0913%

Total Payment N = $52 * 22 years = $1,144

Current value of employee benefit P = C*(1+r)*(1-(1+r)^-N)/r

P=25*(1+0.0913%)*(1-(1+0.0913%)^-1144)/0.0913%

P = 25 * (1.000913) * (1 - (1.000913)^-1144)/0.000913

P = 25 * (1.000913) * 1 - 0.3520453/0.000913

P = 25 * (1.000913) * 709.6985

P = 17758.661368

P = $17,758.66

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Once unexpended Research, Development, Test and Evaluation (RDT&E) funds have expired, they can be used for ________________
nadezda [96]

Answer:

The correct answer is letter "D": Payments or adjustments to the original obligations.

Explanation:

Research Development Test & Evaluation (RDT&E) funds are dedicated to cover costs of specific research, development, testing and assessment activities. Once deadlines to present the research are due, the funds can be directed to maintenance of laboratories or any other payment or adjustment besides the initial purpose of that money.

3 0
3 years ago
Who is responsible for the financial consequences of a minor's driving?
Fofino [41]

Answer: b. the minor's parents or guardians are responsible

The minor's parents or guardians are responsible for the financial consequences of a minor's driving, whether the minor has a license or not. It is a law under a legal concept called "vicarious liability" imposed in most states in the U.S


4 0
3 years ago
Global Pictures is about to release their second feature film. Their first film was a blockbuster, and their pre-release campaig
Illusion [34]

Answer: Formulate criteria; so that the group members know the group goal and when it has developed a good solution

Explanation:

Standard agenda came about through John Dewey and he refered to it as the process whereby through reflective thinking, individuals find solutions to issues.

Based on the information given in the question, using the standard agenda approach, the task that they should primarily focus on is to formulate criteria to enable group members know the group goal and when it has developed a good solution.

8 0
3 years ago
At the beginning of the year, a company predicts total overhead costs of $770,100. The company applies overhead using machine ho
Tanzania [10]

Answer:

$12,240

Explanation:

For the computation of the amount of overhead first we need to find out the predetermined overhead rate which is shown below:-

Predetermined overhead rate = Overhead cost ÷ Machine hours

= $770,100 ÷ 1,510

= $510

Amount of overhead should be applied to Job 65A = Predetermined overhead rate × Machine hours during January

= $510 × 24

= $12,240

We simply applied the above formula

6 0
4 years ago
cpnsider capm the risk free rate is ^5 and the expected return on the market is 18% what is the expected return on a stock with
borishaifa [10]

Answer:

Expected return = 21.9 %

Explanation:

<em>The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta</em>.  

Under CAPM, Ke= Rf + β(Rm-Rf)

Rf-risk-free rate (long-term i.e 10 year treasury bill rate), β= Beta, Rm= Return on market., Ke- Return on equity (cost of equity)  

This model can be used to work out the cost of equity as follows:  

Ke= Rf + β (Rm-Rf)  

Rf- 5%, β= 1.3, Rm- 18, E(r)- ?  

Ke =  5% + 1.3×(18-5)%=21.9 %  

Ke = 21.9 %

Expected return = 21.9 %

5 0
4 years ago
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