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3 years ago

Kendall executes a separate written instrument to amend her prior will. This separate document is a:

Business

1 answer:

iragen [17]3 years ago

3 0

Answer:

The correct answer is (a)

Explanation:

A codicil is an additional method which is used to amend, transform and modify the original will. It is also used to change the executor of the will. A codicil is only valid if the new changes are made by considering the original will. It helps to make changes in the will without writing down a completely new one.

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Two roadway designs are under consideration for access to a permanent suspension bridge. Design 1A will cost $1.7 million to bui

Vladimir79 [104]

Answer and Explanation:

A. Given that Design 1A will cost $1.7 million to build and $175,000 per year to maintain

Given that Design 1B will cost $3.6 million to build and $40,000 per year to maintain

Both designs are assumed to be permanent

To find ROR using AW based rate of return equation, we find present value of each design and equate them:

Each design is permanent so

Present value of perpetuity:

Design 1A= 1700000+175000/r

Design 1B = 3600000+40000/r

=1700000+175000/r=3600000+40000/r

135000/r=1900000

Cross multiply

r=135000/1900000

r= 0.0710

r=7.10%

B Given that ROR=7.10% and MARR is 25%

MARR>ROR

Hence we reject both designs

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3 years ago

An organizational chart of a company shows vice presidents with responsibility for key areas such as design, manufacturing, sale

Romashka-Z-Leto [24]

Answer: Functional

Explanation: The functional structure of an organisational chart places people with similar skills who perform similar activities in a group under a common manager who answers to an executive a level up in the hierarchy who may oversee multiple departments. Therefore, an organizational chart of a company showing vice presidents with responsibility for key areas such as design, manufacturing, sales, marketing, and after-sales support would reflect a functional structure.

An advantage of the functional structure is that employees are allowed to focus their collective energies on executing their roles as a department but sometimes they might develop tunnel vision (seeing the company solely through the lens of the employee’s job function) and often at times there is a lack of inter-departmental communication.

6 0

3 years ago

Assume that you finance a new car when you graduate. It will cost $120,000 and you will finance it with a 84 month contract havi

shusha [124]

Answer: $1942.89

Explanation:

Since the car will cost $120,000 and it will be financed with a 84 month contract having a nominal rate of 9.20%, then the monthly payment will be:

= PMT(9.2%/12, 84, -120000)

This will be slotted into the Excel calculator and the answer gotten will be $1942.89

Therefore, the monthly payment will be $1942.89.

6 0

3 years ago

Fitzgerald Supermarkets (FS) operates at capacity and decides to apply ABC analysis to three product lines: baked goods, milk an

Alex777 [14]

Answer:(1) Baked Goods profit $6,700, Milk and Fruit juice profit $200, Frozen Products profit $8,900 (2) Baked Goods profit $160, Milk and Fruit juice profit $2,870, Frozen Products Profit $12,860. (3) it provide insight to FS managers that Frozen Products is the most profitable among the three product lines.

Explanation:

(1) Baked Goods. Milk and Fruit juice. Frozen Products

$ $ $

Revenue. 60,000. 66,500. 50,500

Less : Cost of good sold 41,000. 51,000. 32,000

------------- -------------- ---------------

Gross Margin. 19,000. 15,500. 18,500

Less: Store Support. 12,300. 15,300. 9,600

----------- ------------ -------------

Profit. 6,700. 200. 8,900

------------- --------------- ----------------'

(2)

Baked Goods. Milk and Fruit juice. Frozen Products

$ $ $

Revenue. 60,000. 66,500. 50,500

Less Cost of good sold 41,000. 51,000. 32,000

------------- ---------------- -----------

Contribution. 19,000. 15,500. 18,500

Less Overhead

Ordering cost. 4,180. 2,280. 1,,330

Delivery&Receipt. 9,120. 4,560. 2,736

Shelf Stocking. 3,230. 2,850. 380

Customer Support & Assistant 2,310. 3,030. 1,194

------------ -------------- ------------

Profit. 160. 2,870. 12,860

------------------ ----------------- ---------------

(3) The new insight to FS managers is that Frozen Products is the most profitable among the three products lines

Workings

Ordering cost ($95 × 44) = 4,180 ($95 × 24) = 2,280 ($95 × 14) = 1,330

Delivery &Receipt ($76 × 120) = 9,120 ($76 × 60) = 4,560 ($76 × 36) = 2,736

Shelf Stocking ($19 × 170) = 3,230 ($19 × 150) = 2,850 ( $19 × 20) = 380

Customer Support &Assistant ($0.15 × 15,400) = 2,310 ($0.15 × 20,200) = 3,030 ($0.15 × 7,960)= 1,194

7 0

3 years ago

Even though many bonds have deferred sinking funds, the sinking fund has the following effects on bondholders: I) provides extra

Vladimir [108]

Answer: I) provides extra protection to bondholders as both an early warning system and perhaps some collateral cash

II) ) provides an option to the firm to buy bonds at the lower of market or face value.

Explanation:

A sinking fund is typically an amount of money that is being set aside by a company in order to either pay a bind or pay off a particular debt that the company has incurred.

The effect of the sinking bond on bondholders is that it provides extra protection to bondholders as both an early warning system and perhaps some collateral cash and tabt is also provides an option to the firm to buy bonds at the lower of market or face value.

Therefore, option I and II are correct.

3 0

3 years ago