Answer:
$2,341,579.57
Explanation:
Data given in the question
Annuity value = $4,950
Annual interest rate = 9.89%
Time period = 9.89%
So, by considering the above information, the future value of an annuity is
Future value of annuity = Annuity × [(1 + interest rate)^time period - 1] ÷rate
= $4,950 × [(1.0989)^41 - 1] ÷ 0.0989
=$4,950 × 473.0463785846
= $2,341,579.57
Answer:
E. Core; flexible
Explanation:
Georgia Crane is allowed to create her own work hours on a limited basis. She must be a work from 9 a.m. to 11 a.m. and 1 p.m. to 3 p.m. every day which represents CORE time, and we can choose which hours she will work between 8 a.m. and 6 p.m. around the required hours, which represents FLEXIBLE time. The total required time is eight hours per day.
Georgia Crane is required to work 8 hours in a day.
The core time is the time which is important for Georgia Crane to be at work every day, that is, from 9am to 11am( 2hours) and 1pm to 3pm(2 hours).
That is a total of 4hours.
She can choose between 8am to 6pm as flexible time.
Recall that she needs a total of 4hours more to complete her time for the day.
So 9am to 11am is fixed, 1pm to 3pm is also fixed.
Her total flexible hours for the day 8am to 9am( 1hour), or 11am to 1pm(2hours), or 3pm to 6pm(3hours).
Total flexible hours is 1+2+3=6hours
She is required to choose 4hours from the total flexible 6hours that is most convenient for her to work.
Answer:
false
Explanation:
a differentiator will always benefit when products have become commoditized
A negotiation is a Discusion aimed at reaching an agreement. B.
Answer:
$100
Explanation:
As we know that:
Paid-in Capital = Amount Received - Common stock at par value
During the issuance of common shares:
Here the par value given is $6 per share, so the total common stock value for 100 shares is $600 (100 shares * $6 per share) and the amount received is $700 when the common stock was issued.
So by putting the value in the above equation we have:
Paid in Capital = $700 - $600 = $100
Entry of issuance of shares:
Dr Cash $700
Cr Common stock $600
Cr Paid in capital $100
So now remember that the maximum decrease in paid in capital to repurchase of common stock would be by $100 because this is the amount that is related to purchased common stock of 100 quantity.
So if the company purchases its common stock higher than the value it was issued before then it will decrease the paid in capital by the amount that is related to the stocks that have increased paid in capital (100 shares increased the paid in capital by $100) and the resultant would be deducted from the retained earnings.
The journal entry of Purchase of Treasury
Dr Common Stock $600 .... Decrease in Com.Stock at par value ($6*100)
Dr Paid in Capital $100 .... Decrease in APIC at associted share ($7-$6)
Dr Retained Earnings 300 .... Remainder ($1000-$600at par - $100Paid In)
Cr Cash $1,000