Answer:
C) 19 years
Explanation:
We must determine the net present value of the annual payments in a similar way to calculating the present value of annuities. We can use an excel spreadsheet and the present value formula with a 5.9% interest rate and then subtract the lifetime fee ($7,000):
Present value 14 years = $6,079 - $7,000 = -$921
Present value 16 years = $6,614 - $7,000 = -$386
Present value 19 years = $7,310 - $7,000 = $310
Present value 21 years = $7,711 - $7,000 = $711
<u>*present value 18 years = $7,091 - $7,000 = $91, but 18 years was not an option.</u>
Energy Expenditure can be expressed as a gross or net term. The total amount of energy expended for a specific activity including the resting energy expenditure. Gross energy expenditure is typically used for between person comparisons. Hope it helps
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The cost of ending inventory and the cost of goods sold under each of the following methods: Under the LIFO method, Sales Less: Cost of Goods sold Gross Profit less: Selling, admin, depreciation Income before.
Final in, first out (LIFO) is a technique used to account for inventory. beneath LIFO, the expenses of the maximum recent products bought (or produced) are the primary ones to be expensed. LIFO is used most effectively inside the USA and governed via the commonly ordinary accounting standards (GAAP).
The LIFO method is used within the COGS (value of products sold) calculation while the fees of manufacturing a product or obtaining inventory have been growing. this will be because of inflation.
The ultimate-In, First-Out (LIFO) method assumes that the last unit to arrive in stock or greater latest is offered first. the first-In, First-Out (FIFO) approach assumes that the oldest unit of inventory is sold first.LIFO effects decrease internet earnings because the price of products offered is better, so there may be a decrease in taxable profits.” decreased tax legal responsibility is a key reason some organizations decide on LIFO.
Learn more about LIFO here: brainly.com/question/24938626
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Answer:
actual quantity= 25,000 pounds
Explanation:
Giving the following information:
Standard quantity= 2 pounds per units
Production= 12,000 units
Direct material quantity variance= $5,000 unfavorable
Standard price= 120,000/(2*12,000)= $5
<u>To calculate the actual quantity used in production, we need to use the following formula:</u>
Direct material quantity variance= (standard quantity - actual quantity)*standard price
-5,000 = (24,000 - actual quantity)*5
-5,000 = 120,000 - 5actual quantity
125,000/5 = actual quantity
25,000 = actual quantity
