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klasskru [66]
3 years ago
7

You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year

12. The effective annual interest rate is 3.50%. What is the present value at the end of the 8th year of the remaining payments?
Business
1 answer:
romanna [79]3 years ago
8 0

Answer:

Give me brainliest pls! I neeed it to rank up jus pls do it!

Explanation:

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As a manager, you have been asked to work with your employees to develop goals. What can you expect from this process? Check all
laiz [17]

Answer:

The correct answer is:

o A benefit of goals is that they help motivate employees.

o  One of the drawbacks of plans is that they can create a false sense of security.

Explanation:

As a manager, working with employees to set goals is a great activity to motivate employees. But setting goals with employees has a disadvantage that they may create a false sense of security they may feel that everything is just taken for granted and is therefore considered as a disadvantage. Plans can be flexible to the changing environment.

3 0
3 years ago
Identify each of the following terms or phrases as an accounting (a) principle, (b) assumption, or (c) constraint.
german

Answer and Explanation:

The identification of the following terms as an accounting principle, assumption or constraint is

1 Business entity    = Assumption

2. Measurement  = Principle

3 Cost-benefit   = Constraint

4 Revenue recognition  = Principle

In this way the identification of the accounting terms would be done

The same is relevant too

7 0
3 years ago
Using the following routing information and a From-To Chart, determine the total flow efficiency of the parts assuming an alphab
frosja888 [35]

Answer:

hello your question is incomplete attached below is the complete question

answer: 28.12%

Explanation:

The first table is the allotting of relative weighted value in from to chart and also finding the Total.

The second table is found by multiplying 1-times cell distance in the upper 2-times with cell distance in lower triangular values.

Hence Flow efficiency = (Total / penalty ) * 100

                         = ( 36 / 128 ) * 100 = 28.12%

7 0
2 years ago
A business owner makes 1,000 items a day. Each day she contributes eight hours to produce those items. If hired, elsewhere she c
Olin [163]

Answer:

Accounting profit=$300,000

Explanation:

<em>Accounting profit is the difference between revenue from from production or service activities and the expenditures incurred.  </em>

<em>It is the difference between the total revenue and the</em><em> total explicit costs</em><em>. Explicit costs are those transaction cost incurred to generate revenue . E.g the cost of the material , labour, expenses e.tc.</em>

On the other hand, economic profit includes accounting profit plus opportunity cost. Opportunity cost is the value of the benefits sacrificed in favour of a decision.  

Accounting profit = Sales revenue - Explicit cost

Sales revenue = Price × units sold= $15× 1000× 30 = $450,000 1

Explicit cost = $150,00

Accounting profit = $450,000- 150,000 = $300,000

Accounting profit=$300,000

Note we ignore the amount she could have earned because it is an implicit cost

4 0
3 years ago
Divine Apparel has 3,200 shares of common stock outstanding. On October 1, the company declares a $0.25 per share dividend to st
Alenkasestr [34]

Answer:

The Journal entries are as follows:

(i) On October 1,

Dividend declared A/c(3,200 × 0.25) Dr. $800

   To Dividend payable                                        $800

(To record the declaration of cash dividend)

(ii) On October 15,

No entry

(No entry on date of record because no transaction actually happened)

(iii) On October 31,

Dividends payable A/c Dr. $800

      To cash                                    $800

(To record the payment of cash dividends)

6 0
3 years ago
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