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umka21 [38]
3 years ago
5

What's the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever? (Round your answer to

2 decimal places.)
Business
1 answer:
stepladder [879]3 years ago
8 0

Answer:

The present value, when interest rates are 8.0 percent, of a $160 payment made every year forever is $2,000.

Explanation:

Payments each year = Cash flow = C = $160

Rate of Interest = r = 8% = 0.08

Present value of Perpetuity = Cash flow / rate of return

Present value of Perpetuity = C / r

Present value of Perpetuity = $160 / 0.08

Present value of Perpetuity = $2,000

So, the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever is $2,000.

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If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
GuDViN [60]

Answer:

2,400 Yens

Explanation:

exchange rate for buying Japanese Yen is 12 Yens per Dollar

1 dollar : 12 Yens

how many Yens do you need to buy 200 Dollars for?

Let

x = number of Yens needed

200 dollars : x Yens

Equate the ratios to find x

1 dollar : 12 Yens = 200 dollars : x Yens

1/12 = 200/x

Cross product

1 * x = 12 * 200

x = 2,400

x = number of Yens needed = 2,400 Yens

7 0
2 years ago
Oak Interiors is owned and operated by Fred Biggs, an interior decorator. In the ledger of Oak Interiors, the first digit of the
Kipish [7]

Answer:

Oak Interiors

Matching each account number with its most likely account in the list:

12 - Cash

13 - Accounts Receivable

17 - Land

21 - Accounts Payable

31 - Fred Biggs, Capital

32 - Fred Biggs, Drawing

41 - Fees Earned

51 - Supplies Expense

52 - Wages Expense

53 - Miscellaneous Expense

Explanation:

a) Data and Classifications:

Digits and Accounts:

1—assets

12 - Cash

13 - Accounts Receivable

17 - Land

2—liabilities

21 - Accounts Payable

3—owner’s equity

31 - Fred Biggs, Capital

32 - Fred Biggs, Drawing

4—revenues

41 - Fees Earned

5—expenses

51 - Supplies Expense

52 - Wages Expense

53 - Miscellaneous Expense

b) The chart of accounts of Oak Interiors is where the financial accounting is organized into five major categories.  These categories are called accounts.  They include assets, liabilities, equity, revenue, and expenses.  This implies that all business transactions that are recorded in accounts are summarized under any of these five major headings.

4 0
2 years ago
Because of global competition and advances in new information technology, tasks and responsibilities for managers have
Triss [41]

Answer:

"Become more intense " is the right answer.

Explanation:

  • Global or Economic competition seems to be on the market for several years with environmental regulations being reduced and that many markets liberalized.
  • A commonly held view of intensified global competition is its impact on individuals' tendency to find employment or maintain their present employment.

So that the above is the correct approach.

4 0
3 years ago
To copy text in a word document to an Excel spreadsheet, you should first format the text as a Word table or as text separated b
geniusboy [140]

Answer:

Commas, tabs, semicolon, or spaces.

Explanation:

In Excel, commas, tabs, semicolon, or spaces are known as delimited values, and you can tell excel which option your data has in order to separate it. For example, if you copy and paste text that will be used for column header you can use the "Text to Columns" tool, click "delimited" and next, and then check the box next to which type of separator you are using (commas, tabs, etc). The tool will then separate every item of text with that type of separator into different columns.

5 0
3 years ago
​Lucy needs to buy a new laptop for her business, and she buys a particular brand even though it does not support the software t
yan [13]

Answer:

Bounded rationality.

Explanation:

Bounded rationality is the possibility that in decision-making, rationality of people is restricted by the data they have, the subjective impediments of their psyches, and the limited measure of time they need to settle on a decision.

7 0
3 years ago
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