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harina [27]
3 years ago
5

"You found out that now you are going to receive payments of $8,500 for the next 16 years. You will receive these payments at th

e beginning of each year. The annual interest rate will remain constant at 11%. What is the present value of these payments
Business
1 answer:
Paraphin [41]3 years ago
5 0

Answer:

Present value= $62,722.875≈ $62,723

Explanation:

To calculate present value use this formula

Present value= Yearly payment*{[1-(1+rate)^-period]/rate}

Present value= 8,500*{[1-(1+0.11)^-16]/0.11}

Present value= 8,500* {0.8117/0.11}

Present value= 8500*7.379= $62,722.875

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The answer is B and I did the test and I got it right
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4 years ago
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During its first year of operations, Riverbed Corp had these transactions pertaining to its common stock. Jan. 10 Issued 26,300
zalisa [80]

Answer and Explanation:

The journal entries are shown below:

1.

On Jan.10

Cash (26,300 shares × $4) $105,200  

         To Common stock     $105,200

(Being the issuance of the common stock for cash is recorded)

On July 1

Cash (56,500 shares × $7)  $395,500  

        To Common stock (56,500 shares × $4) $226,000

        To Paid-in Capital in Excess of Par Value $169,500

(Being the issuance of the common stock for cash is recorded)

2.

On Jan.10

Cash (26,300 shares × $4)  $105,200  

      To Common stock (26,300 shares × $1)  $26,300

      To Paid-in Capital in Excess of Stated Value $78,900

(Being the issuance of the common stock for cash is recorded)

On July 1

Cash (56,500 shares × $7) $395,500  

        To Common stock  (56,500 shares × $1)  $56,500

        To Paid-in Capital in Excess of Stated Value $339,000

(Being the issuance of the common stock for cash is recorded)

3 0
3 years ago
Tax evasion versus tax avoidance
lora16 [44]

Answer:

1. The act of reducing taxes by deliberately understating income or overstating deductions is called ______

Tax evasion

2. Leaving the tip earnings out of her income on her tax returns is

Tax evasion

Explanation:

Tax evasion is deliberate reduction of gross income either by excluding, understating, omitting income, or overstating deductions.  It is not legal.  Tax avoidance is managing taxable income by effective tax planning (e.g. through investments, insurance, etc.) so that less tax is paid.  It is legal and allowed.

8 0
3 years ago
Bottleco produces six-packs of soda cans. Each can is supposed to contain at least 12 ounces of soda. If the total weight in a s
MakcuM [25]

Answer:

Explanation:

The correlation between each can in a six-pack and weight of the other cans in the six-pack is 0.8

Mean fill quantities from 12.10-12.30 in increments of 0.02

The expected profit = (12.10+12.30) /2 ) +0.02

=12.22

The expected profit is 12.22.

The correct answer is  ( C ) 12.22

6 0
4 years ago
For this assignment, respond to each of the questions presented in that lecture. You do not need to submit a completed outcomes
katrin [286]

In the above case, a skill acquisition will be the aim of the program.

<h3>What organizational goal is driving this skill acquisition training?</h3>

The purpose of skill acquisition is so that student can be able to learn one or more trade so that they can earn a living after school

<h3> What will the benefit be?</h3>

The benefit of acquiring a skill  is that one will be equipped with a lot of good resources and also the skill of  financial management, one will have improved strategic planning and others.

What competencies will skill acquisition need?

It just need your presence, one's talents and expertise that has been obtained via education or or life experience.

<h3>What is the skill gap? </h3>
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<h3> What evaluation will be used to measure the level of goal achievement? </h3>

Output based on work done, practical work and result.

Who will be trained - student.

The estimated class size- 50 - 100

How many classes will there be and how long will this training last - 20 class and it will last 2 month.

knowledge and skill prerequisites -Ability to read and understand and also just come and you will be taught.

The type of program that is being proposed - skill and handwork training.

What media, if any will be used in the training - visual, media and communication tools will be used·

What will happen if we do not deliver the training - giving of certificates and graduation.

What are the restrictions or limitations for delivering a program - financial restriction.

What other methods may be used to reach the goal - use of the mass media for dissemination of information concerning the program. Its advantage is that it will benefit all and the disadvantage is financial constrain.

Learn more about skill acquisition from

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