Answer:
9.49%
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $190,100
cash flow each year from year 1 to 5 = $49,500
IRR = 9.49%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
The amount that must be put aside now is $458,796.85.
<h3>How much should be put aside now?</h3>
The first step is to determine the future value of the annuity:
Future value = yearly payment x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 6%
- n = number of years = 20
$40,000 x [(1.06^20) - 1] / 0.06 = $1,471,423.65
Now, determine the present value of this amount: $1,471,423.65 / (1.06^20) =$458,796.85
To learn more about present value, please check: brainly.com/question/26537392
Answer: B. classification is a political issue—these groups fear that their political clout will decline if their numbers go down
Explanation:
These organisations fear that their numbers will go down because should a multiracial category be added, they will have less people classified as the races their organisation caters for. More numbers in an organisation means greater power and influence and we've seen this when large trade unions hold entire companies hostage simply because they have the numbers.
A great example would be the Ikwere people of Southern Nigeria. They share a common ancestry with the Igbos of Eastern Nigeria and generally have very similar customs. Even the language is similar and they had always been considered Igbo until after the Civil War in Nigeria broke out with the Igbos being the main rebels. With the Civil war concluded, the Federal Government officially recognized the Ikwere as an ethic group independent of the Igbo. The Ikwere occupied crude oil rich areas and this recognition therefore robbed the Igbo of valuable lands and political clout.
Whilst not strictly the same as these organisations losing people to the multiracial category, it shows what can happen to an organisation should their numbers decrease
Answer:
A. An update of the Fair value adjustment account
D. The amount of the unrealized holding gain or loss that has occurred since the end of the prior accounting period
Explanation:
The value of an equity investment that lacks significant influence is adjusted at the end of each accounting period against an unrealized gain/loss account.
When the equity investment is sold, the unrealized gain/loss account will become realized depending on the sales value. Before any final gain or loss is realized, an adjustment must be made to the investment's Fair value adjustment account.
E.g if the investment X's balance account was $510,000 and its fair market value was $550,000, we would first need to adjust the fair value:
Dr Fair value adjustment of investment X 40,000
Cr Unrealized holding gain 40,000
If you record the debit entry for transaction (A) 5/1 in your journal, the Date Description Debit Credit would be May 1 Equipment—Office 690.00.
Hope this helps!!
