Answer:
$245.09
Explanation:
A service contract for a video projection system costs $90 a year. You expect to use the system for three years.
Instead of buying the service contract, the future value of these annual amounts after three years if you earn 5 percent on your savings will be:
PV
Ordinary Annuity
=C×[ ((1−(1+i) ^−n
) / i ]
where
n = number of years = 3
i = interest rate = 5%
Present Value of the annuity = 90 x [ ((1 - (1+0.05)^-3) / 0.05] = $245.09
A large industrial sector doesn’t
always indicate that a nation is fully developed because the standard of living
may not have risen with industrial growth. An example of this is North Korea.
It has a large industrial sector but also a low standard of living, so it’s not
considered developed. The correct answer between all the choices given is the
second choice or letter B. I am hoping that this answer has satisfied your
query and it will be able to help you in your endeavor, and if you would like,
feel free to ask another question.
The journal entry that can be used to record these transactions will be credit to finished goods of $67,000.
<h3>What is a journal entry?</h3>
A journal entry is simply used to record a business transaction in the accounting records of a business.
Since the company transferred $70,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $76,000, the journal entry that can be used to record these transactions will be credit to finished goods of $67,000.
Learn more about journal entry on:
brainly.com/question/14279491
Explanation:
A company's leadership team is an essential part of the company's strategic development and decision-making process.
Therefore, the leadership team will directly influence organizational performance in the short and long term, in the sense that this team will be responsible for the strategic planning that will contemplate the long term in the organization and help it to reach its goals and objectives.
The decision-making process, on the other hand, will impact the company in the short term and will be essential for the decisions made to be beneficial for the improvement of organizational processes and the achievement of competitive and financial advantages.
Based on the stock's beta, the return on the market, and the risk-free rate, the expected return is 11.04%.
<h3>What is the expected return?</h3>
This can be found using the Capital Asset Pricing Model (CAPM).
Expected return = Risk free rate + Beta x ( Market return - Risk free rate).
Solving gives:
= 3% + 1.34 x (9% - 3%)
= 11.04%
Find out more on the Capital Asset Pricing Model at brainly.com/question/14727369.
