You earn $420 per week. you put socual security taxes

If you are going to receive $70,000 for 20 years starting 5 years from now, what is the present value of the cash flows discount

schepotkina [342]

Answer:

336,405.28

Explanation:

Present value can be found by discounting the cash flows at the discount rate.

Present value can be found using a financial calculator:

Cash flow from year 1 to 4 = 0

Cash flow from year 5 -25 = $70,000

Discount rate = 12%

Present value = $336,405.28

I hope my answer helps you

4 0

3 years ago

Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the com

jekas [21]

Answer and Explanation:

The preparation of the answer sheet is presented below;

Product Costs

Cost Item Direct Direct Manufacturing Period

Materials Labor Overhead Costs

Rent on factory

equipment $11,500

Insurance

on factory building $1,780

Raw materials $80,800

Utility costs for factory $920

Supplies for general office $320

Wages for

assembly line workers $59,700

Depreciation on office equipment $830

Miscellaneous materials $1,470

Factory manager’s salary $6,200

Property taxes on factory building $420

Advertising for helmets $14,900

Sales commissions $10,900

Depreciation on factory building $1,640

Total $80,800 $59,700 $23,930 $26,950

Now cost to produce one helmet is

= Total cost to produced ÷ number of helmets produced

= ($80,800 + $59,700 + $23,930) ÷ (10,000)

= ($164,430) ÷ (10,000)

= $16.44

5 0

3 years ago

Assume that apples cost $0.50 in 2002 and $1 in 2009, whereas oranges cost $1 in 2002 and $1.50 in 2009. If 4 apples were produc

maksim [4K]

Answer:

B) 1.7

Explanation:

GDP deflator simply shows the occurring event of the level of prices in the economy which is why It is often the ratio of nominal GDP to real GDP.

GDP deflator in 2009 will be:

Norminal GDP

Cost of apple= $1 in 2009

Apple produced =5 in 2009

Cost of oranges= $1.50 in 2009.

Orange produce= 5 in 2009

$1.00*(5)+$1.50*(5)

=5+7.5

=$12.50

Real GDP

Cost of apple= $0.50 in 2002

Apple produced =5 in 2002

Cost of oranges= $1 in 2002

Orange produce= 5 in 2002

0.50*(5)+$1.00*(5)

=2.5+5

=$7.50

GDP deflator = Nominal GDP/Real GDP)

=$12.50/$7.50

=1.666

approximately 1.7

8 0

4 years ago

Failure to accrue interest expense results in A. an overstatement of net income and an understatement of liabilities. B. an unde

Simora [160]

Answer:

A. an overstatement of net income and an understatement of liabilities.

Explanation:

5 0

3 years ago

Mike and Rachel form M&R Partnership. Mike invests $40,000 cash and Rachel invests $60,000 cash. The partners agree to share

zalisa [80]

Answer:

The Preparation of statement of partners’ equity is shown below

Explanation:

The preparation of statement of partners’ equity is shown below:-

Mike Rachel

Beginning equity $40,000 $60,000

Salary allowance $5,000 $9,000

Interest allowance $4,000 $6,000

Share of remaining net income $3,000 $3,000

Drawings -$1,000 -$1,000

Ending equity $51,000 $77,000

Working Note

Interest allowance for Mike = $40,000 × 10%

= $4,000

Interest allowance for Rachel = $60,000 × 10%

= $6,000

Remaining share of net income after salary allowance and interest allowance = Net income - Salary allowance - Interest allowance

= $30,000 - $5,000 - $9,000 - $4,000 - $6,000

= $6,000

Mike's share of remaining income = $6,000 × 50%

= $3,000

Rachel's share of remaining income = $6,000 × 50%

= $3,000

4 0

3 years ago