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3 years ago

Last year, 46% of business owners gave a holiday gift to their employees. A

Business

1 answer:

Liono4ka [1.6K]3 years ago

7 0

Answer:

a. 15

b. Since is a left tailed test the p value would be:

p_v =P(Z<-3.263)= 0.000551

Explanation:

a. 25% of 60 businesses surveyed=

25/100 x 60= 15

b. See attached image for solution

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How long will it take for the dollar's purchasing power to be 3/4ths of what it is now, if the general inflation rate is expecte

vaieri [72.5K]

Answer:

5.61 years

Explanation:

Let the Present value be 'x'

Data provided in the question:

Future value = $\frac{3}{4}x$

Inflation rate, i = 5% = 0.05

Now,

Using the compounding

let number of years be n

thus,

Future value = Present value × [ 1 - inflation rate ]ⁿ

$\frac{3}{4}x$ = x × (1 - 0.05)ⁿ

0.75 = 0.95ⁿ

on taking log on both the sides , we get

log(0.75) = n × log(0.95)

-0.125 = n × (-0.0223)

n = 5.61 years

or, n = 11.89 years

8 0

3 years ago

Adjusting Entries Journalize the adjusting entry needed at December 31 for each situation. Record debits first, then credits. Ch

vladimir2022 [97]

Answer:

Date Accounts Titles Debit Credit

Dec-31 Salaries expense $2,300

Salaries payable $2,300

Dec-31 Depreciation expense $200

(Furniture )

Accumulated depreciation $200

(Furniture)

Dec-31 Insurance expense $450

Prepaid Insurance $450

Dec-31 Supplies expense $80

Supplies $80

7 0

3 years ago

If the dividend yield for year 1 is expected to be 5% based on a stock price of $25, what will the year 4 dividend be if dividen

MariettaO [177]

Answer:

$1.33

Explanation:

Calculation for what will the year 4 dividend be

Using this formula

Year 4 dividend=[(Expected dividend yield×Stock price)×(1+Constant rate )]

Let plug in the formula

Year 4 dividend = [(.05 × $25) × (1+0.06)]

Year 4 dividend=(.05 × $25) × 1.06

Year 4 dividend=1.25×1.06

Year 4 dividend= $1.33

Therefore what will the year 4 dividend be if dividends grow annually at a constant rate of 6% is $1.33

6 0

2 years ago

Your company is considering a new project that will require $10,000 of new equipment at the start of the project. The equipment

zmey [24]

Answer:

Estimate the present value of the tax benefits from depreciation:

D. $1,851

Explanation:

Step 1: Determine annual depreciation

A.D=(A.C-S.V)/N

where;

A.D=annual depreciation

A.C=acquisition cost

S.V=salvage value

N=useful life

In our case;

A.D=unknown, to be determined

A.C=$10,000

S.V=$3,000

N=5 years

replacing;

A.D={(10,000-3,000)/5}=7,000/5=$1,400

Annual depreciation=$1,400

Step 2: Determine annual tax benefits

Annual tax benefits=tax rate×annual depreciation

where;

tax rate=34%=34/100=0.34

annual depreciation=$1,400

replacing;

Annual tax benefits=0.34×1,400=$476

Step 3: Determine present value of the annual tax benefits

Year Future value Present value

1 476 476/{(1+0.09)^1}=436.70

2 476 476/{(1+0.09)^2}=400.64

3 476 476/{(1+0.09)^3}=367.56

4 476 476/{(1+0.09)^4}=337.21

5 476 476/{(1+0.09)^5}=309.37

Total present value of the tax benefits=436.70+400.64+367.56+337.21+309.37=$1,851.48

Estimate the present value of the tax benefits from depreciation=$1,851

3 0

3 years ago

A bond's yield to maturity considers the interest earnings and the change in the bond's price while the current yield considers

Anuta_ua [19.1K]

Answer:

intrest earnings

Explanation:

4 0

2 years ago