Answer:
The boat today is worth 100,440 dollars
Explanation:
We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:
We will apply the formula for lump sum to each 
cash flow and then add them together
Year Nominal Present Value
1 20000 18, 518
2 40000 34,293
3 60000 47,630
TOTAL 100,441
Answer:
1) Taxes are compulsory financial charges levied upon taxpayers by government entities in order to fund their activities.
2) The IRS is the government agency responsible for collecting federal taxes and enforcing federal tax law.
3) Capital gains taxes are taxes levied upon the profit resulting from the sale of non inventory assets (e.g. land, house, stocks, etc.)
4) Two examples of state taxes are: corporate state taxes and real property taxes.
5) A pay stub or a pay slip is a document that itemizes what an employer pays to its employee. It includes the salary minus the deductions made.
Answer:
Infomercial.
Explanation:
An infomercial is a form of advertisement which is aimed at educating the customer about a product or a series of products via television in the form of a program.
Answer:
The fixed overhead production-volume variance is $9,000 U
Explanation:
In this question, we are tasked with calculating the fixed overhead production-volume variance.
We start by calculating the fixed overhead applied to production.
mathematically that is equal to : 54,000 * 0.03 * 50 = 81,000
The budgeted fixed overhead = 90,000
Mathematically,
Fixed overhead production-volume variance = Budgeted fixed overhead - fixed overhead applied to production = 90,000 - 81,000 = $9,000 U
