Answer:
$8,119,048
Explanation:
Given that,
Amount of scholarships = $170,500 per year
Trust fund earns an annual rate of return = 2.1 percent
Let x be the amount contribute to the fund and assuming that only income is distributed,
2.1% of x = Amount of scholarships
0.021x = $170,500
x = $170,500 ÷ 0.021
= $8,119,048
Therefore, the amount of money that is contributed by the George Jefferson to the trust is $8,119,048.
Answer:
b. $14,939
Explanation:
Property placed in service in 1st year:
Amount $
2nd quarter 15,000
3rd quarter 6,000
4th quarter <u>40,000</u>
Total furnishing at beginning of 2nd Year $61,000
Half Year depreciation rate in 2nd Year as per Macrs table under "7 years life" assets, the applicable depreciation in the 2nd year is 24.49%
Thus, amount of depreciation expense is allowable in the current (second) year of ownership = $61,000 * 24.49% = $14938.90
<em>The complete question reads;</em>
When you want to save time recording progress and don't mind slightly less accuracy, which progress reporting approach would you choose?
a. tracking work and remaining work at the task level
b. tracking % complete at the task level
c. tracking work at the assignment level
d. tracking % complete at the assignment level
Answer:
<u>d. tracking % complete at the assignment level</u>
Explanation:
Remember, tracking the percent of completion of the assignment level would be indicating an overview of the entire assignment which may be slightly less accurate compared to the other listed options.
Thus, to save time recording progress this is the best viable option.
The size of the dividend per share of stock depend on : The corporation's profit
Dividend per share is calculated by : Total dividend / Total shares outstanding,
Which mean that dividend per share will increase if the total dividend increases.
Meanwhile total dividend will increased if the company gains more profit
Answer:
C. maximize total profit by maximizing profit for each group separately
Explanation:
Price discrimination is when a seller sells the same quantity and quality of goods and services to different groups of consumers at different prices.
Price is usually set higher than marginal cost for a price discriminator.
I hope my answer helps you.
