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2 years ago

Who is John Kulczyk ?

1 answer:

7 0

Are you sure about the name of this guy? I have found much information about Jan Kulczyk who was Poland's richest individual. If you want, I may personally drop you a link about him.

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Mr. Baxter IV, would like to retire in 26 years. He would like to accumulate $1,500,000 at the time of retirement to live a cont

Vinvika [58]

Answer:

Monthly deposit= $840.74

Explanation:

Giving the following information:

Number of periods= 26*12= 312 months

Future Value= $1,500,000

Interste rate= 0.11/12= 0.0092

To calculate the monthly deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,500,000*0.0092) / [(1.0092^312) - 1]

A= $840.74

6 0

3 years ago

Miguel Alvarez in the accounting department at Baumer Company has provided the following information:

Mekhanik [1.2K]

Answer:

$10.65

Explanation:

The computation of the incremental manufacturing cost in the case when the production level is changed

= Direct material cost per unit + direct labor cost per unit + variable manufacturing overhead per unit

= $6.25 + $3.20 + $1.20

= $10.65

Here the fixed cost would not be relevant

8 0

2 years ago

Nepotism is--a. the practice of basing promotions on how long someone has been employed by a given company b. the practice of pr

crimeas [40]

Answer:

The answer is: d. The practice by which the managers of a company show favoritism to their own relatives and close friends.

Explanation:

Nepotism is the exaggerated predilection that some active civil servants who hold public office have regarding their family, relatives and friends when making concessions or hiring state employees. In these cases, the individual who accesses a public job achieves the objective by its proximity and loyalty to the ruler or official in question, and not by his own merit or ability.

The answer is: d. The practice by which the managers of a company show favoritism to their own relatives and close friends.

6 0

2 years ago

The focus of strategic management is ______. A. the integration of all the functional areas of the business to achieve its orga

IceJOKER [234]

Answer:

A. the integration of all the functional areas of the business to achieve its organizational objectives

Explanation:

Strategic management is the process of setting goals for an organisation, analyzing its competitive environment and internal environment, and evaluating strategies that will ensure that the organisation achieve its goals. It covers all the functional areas such as the micro and macro environment of the business.

7 0

2 years ago

An asset was acquired on October 1, 2021, for $78,000 with an estimated five-year life and $13,000 residual value. The company u

trasher [3.6K]

Based on the information given the gain or loss if the asset was sold on March 31, 2024 is $6,000 gain.

Depreciation per units= (Original cost - Residual value) ÷ (Estimated production units)

Depreciation per units= ($78,000 - $13,000) ÷ 20,000 units

Depreciation per units= $65,000 ÷ 20,000 units

Depreciation per units= $3.25 per units

Accumulated depreciation=(500 units × $3.25)+( 3,000 units × $3.25)+(3,500 units × $3.25)+( 1,000 units × $3.25)

Accumulated depreciation= $1,625 + $9,750 + $11,375 + $3,250

Accumulated depreciation= $26,000

Book value= Acquired value of an asset - Accumulated depreciation

Book value= $78,000 - $26,000

Book value= $52,000

Gain or Loss= Sale value - Book value

Gain or Loss= $58,000 - $52,000

Gain or Loss= $6,000 gain

Inconclusion the gain or loss if the asset was sold on March 31, 2024 is $6,000 gain.

Learn more about depreciation here:brainly.com/question/14705084

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1 year ago