A philanthropist is someone who spends times, money and resources helping others in need. The promote the welfare of others. The Bill and Melinda Gates foundation has over 50billion in assets and uses these funds to help prevent and cure various diseases globally, including but not limited to HIV/AIDS and Malaria.
They are also participating in 'The Giving Pledge', which commits some of the worlds richest to donating over 50% of their net worth during their lifetime.
Answer:
$310,000
Explanation:
Direct costs are all the costs which is directly traceable to the product. These are the costs which can be assigned specifically to a product / project / department.
Direct Material = $180,000
Direct Labor = $130,000
Total Direct Cost = $180,000 + $130,000 = $310,000
$310,000 should be traced to specific products in the process.
Answer:
Management has its share of perks and rewards. Managers are usually in a better position to influence and lead change. In most organizations, being a manager means a better compensation package and not having to sit in a cubicle. Most importantly, there’s nothing like the satisfaction of helping an individual or team reach their goals and perform at their best. Read more
Explanation:
Answer:
a. fixed cost
Explanation:
Rent is always negotiated and stated in the tenancy or lease agreement. The lease or tenancy agreement is reviewed either annually or after every two years. The rent amounts remain the same until the time a tenancy agreement is reviewed.
Fixed costs are the business expenses that remain the same throughout the financial period. A business has to incur fixed costs as long as the business is operational. The level of business activity or output does not affect fixed costs. Rent is a good example of fixed costs. A business has the pay the same amount of rent regardless of its production level.
Answer:
($65,118)
Explanation:
The computation of net present value is shown below:-
Machine cost = $320,000
Savings yearly = $62,000
Periods yearly = 6
PVIFA for 12% and 6 years = 4.111
Present value of cash inflows = Savings yearly × PVIFA for 12% and 6 years
= $62,000 × 4.111
= $254,882
Net present value = Present value of cash inflows - Investment
= $254,882 - $320,000
= ($65,118)