Answer:
The annuity will cost him $963,212.95.-
Explanation:
Giving the following information:
Cash flow= $75,000
Interest rate= 0.0525
n= 20
First, we need to calculate the final value. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
A= annual cash flow
FV= {75,000*[(1.0525^20) - 1]/0.0525} + {[75,000*(1.0525^20)] - 75,000}
FV= 2,546,491.88 + 133,690.82= $2,680,182.70
Now, the present value:
PV= FV/(1+i)^n
PV= 2,680,182.70/(1.0525^20)
PV= $963,212.95
Answer:
Allowance for doubtful accounts $ 106106 using the aging method
Explanation:
<u>Evers Industries </u>
<u>Estimate of Allowance for Doubtful Accounts </u>
Balance Not Past Past Due (days)
Due (1-30) (31-60) (61-90) (Over 90)
Total
Receivables 1,124,500 607,400 233,000 121600 96500 66000
Percentage
<u>Uncollectible 1% 3% 12% 30% 75% </u>
Allowance for 6074 6990 14592 28950 49500
doubtful accounts 106106
<em>We multiply each percent with the amount given and then add them all to get the total which is $106106 based on aging method.</em>
Answer:
bonds payable 313,000 debit
loss at redemption 21,520 debit
discount on bonds payable 9,000 credit
cash 325,520 credit
Explanation:
face value of the bons 313,000
discount <u> (9,000) </u>
book value of the bonds 304,000
They are called at 104/100 of the face value of $313,000
that is: 325,520 dollars
we have paid 325,520 dollars for bonds worth 304,000 dollar in our accounting thus, we have a loss for 21,520 dollars
Answer:
B. opinion leaders
Explanation:
Opinion leadership is leadership via the user who used the active media in order to interpretation the meaning of the message related to media or for the lower end media users
It is to be done for high esteem in the case of acceptance of their opinions
As the individuals influence the common people so it is a opinion leaders
since they are individuals influencing common people
The type of organization is "flat organization".
Other names that are used for the flat organization are:
<span>horizontal </span>organization<span> or delayering organization.
</span>
The structure of flat organization alludes to having a generally modest number of layers in your organization's authoritative graph. This is because of a generally higher traverse of control and moderately less layers of administration.
