1-Started business with Cash OMR 100000

1. Assume you are planning to invest $200 each year for four years and will earn 8 percent per year. Determine the future value

Virty [35]

Answer:

The future value of the $200 invested yearly for 4 years at 8% is $973.32

Explanation:

The future value of an immediate annuity is given by the formula = (1+r)*[P*((1+r)^n-1)/r]

P=is the periodic payment of $200

r=rate of return=8 percent

n=number of years=4

By slotting the variables into the formula we have:

Fv=(1+0.08)*(200*((1+0.08)^4-1)/0.08)

FV=$973.32

Judging by the concept of time value of money, it is expected that the sum invested at interest would have been much more at maturity of the investment as $1 today should give a lot more than $1 in future.

6 0

3 years ago

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In 2017, Orear Manufacturing signed a contract with a supplier to purchase raw materials in 2018 for $700,000. Before the Decemb

MArishka [77]

Answer:

d) as a current liability

Explanation:

Current Liabilities are those liabilities which are payable within one years time e.g trade payable, tax payable etc.

The credit against the purchase of inventory is classified as the trade payable and it is paid in a short time, so it will be reported on the balance sheet in current liability section.

5 0

3 years ago

Data-driven decision management is usually undertaken as a way to gain a competitive advantage. A study from the MIT Center for

Ganezh [65]

Answer:

4%
6%

Explanation:

Professors Andrew McAfee and Erik Brynjolfsson of the MIT Sloan School of Management performed a study that proved that corporations that used data driven decision management had a higher productivity (+4%) and higher profits (+6%). This study was made by the two professors and the MIT Center for Digital Business.

They were very clear in specifying that the success of data driven management is based upon the quality of the data gathered and the effectiveness of its interpretation. Not all data gathered is useful for every corporation, so it must be properly analyzed and interpreted.

5 0

3 years ago

Over the last four decades: A. Non-tariff barriers (NTB's)and tariffs have both increased in importance and use B. NTB's and tar

tino4ka555 [31]

Answer:

C. NTB's have increased and tariffs have decreased in importance and use

Explanation:

7 0

3 years ago

Over the past 10 years, Lincoln's profit-sharing payments have been substantial. Maria's annual salary was $40,000 last year, an

Brilliant_brown [7]

Answer:

If she earned $10,000 over the past 10 years, then the profit-sharing award represents 2.5% of her annual salary

But if she earned $10,000 only in one year, then the profit-sharing award represents the 25% of her annual salary

Explanation:

If she earned $10,000 over the past 10 years, and we suppose that all payments are equal, then each year she received $1000.

What percentage of her annual salary ($40,000) $1000 represents?

$1000/$40,000=0,025*100= 2.5%

But if she earned $10,000 in one year, then:

$10,000/$40,000= 0,25*100=25%

3 0

3 years ago