Answer: $242,567.27
Explanation:
The $5,000 is an annuity as it is being paid every year and is a constant amount.
The value in 19 years is the future value of this annuity:
Future value of annuity = Annuity * ( ( 1 + rate) ^ number of years - 1) / rate
= 5,000 * ( ( 1 + 9.5%)¹⁹ - 1) / 9.5%
= $242,567.27
Answer and Explanation:
The journal entry is shown below:
Overhead $4,700
Cost of goods sold $4,700
(Being overapplied overhead is closed)
Here the overhead is debited as it increased the expenses and credited the cost of goods sold as it decreased the expense
Answer: $110,432
Explanation:
The cost allocated to the Office furniture is the percentage of total appraised cost * the price paid for the basket purchase because it shows what proportion of the Basket Purchase should be ascribed to the Office furniture.
Total Appraised value = 140,000 + 460,000 + 110,000
= $710,000
Office furniture Proportion = 140,000/710,000
= 0.1971830985
=0.1972
Amount to be allocated to Office furniture = 0.1972 * 560,000
= $110,432
$110,432 should be allocated to the office furniture.
= $110,422.
Hi, your question is incomplete. I believe you are referring to the Havard Business Review online Article.
Answer:
<u>a, b, and c.</u>
Explanation:
It is worth remembering that the article stated that their research shows that a leader's <em>desire</em> to use the discrimination and fairness paradigm, often reflects how much value the leader places on following due process and equal treatment of his or her employees.
The article also points to their findings suggested that such organizations are run by leaders who have top-down directives
.
This correlation means that: AS THE NEED FOR SOCIAL APPROVAL INCREASES, THE DIVORCE RATE DECREASES.
In negative correlation, the two measures that are been considered usually have inverse relationship between them, that is, as one is increasing, the other one will be decreasing.
