Answer:
The answer is $252415.91
Explanation:
Solution
Now
A step bu step solution is provided below in showing the present value of the savings
Given that:
Year Annual Revenues Calculations Present value
1 $47000 $47000 / (1.071)^1 $43884.22
2
$47000 $47000 / (1.071)^2 $40975
3 $47000 $47000 / (1.071)^3 $38258.63
4 $47000 $47000 / (1.071)^4 $35722.35
5 $47000 $47000 / (1.071)^5 $33354.2
6 $47000 $47000 / (1.071)^6 $31143.04
7 $47000 $47000 / (1.071)^7 $29078.47
Total present value $252415.91
Hence the current or present value of the savings is $252415.91
The generational age group which is now forming brand relationship and represent tomorrow's market is GENERATION Z.
There are several generational age groups in the market, but the largest four are: the baby boomers, generation X, the millenia and generation Z.
The generation Z are people born after year 2000 who are mainly children and teenagers; these young consumers represent tomorrow's market.<span />
Answer:
A. $96
B. $228
C. $42
Explanation:
A. Calculation to determine the Amount of SUTA tax the company must pay to Nebraska on Porter's wages
SUTA tax =$3,000 x 3.2%
SUTA tax = $96
Therefore the Amount of SUTA tax the company must pay to Nebraska on Porter's wages is $96
B. Calculation to determine the Amount of sUTA tax the company must pay to Michiganion Porter's wages
SUTA tax =($9,000 - $3,000 )x3.8%
SUTA tax =$6,000 x 3.8%
SUTA tax = $228
Therefore the Amount of SUTA tax the company must pay to Nebraska on Porter's wages is $228
C. Calculation to determine the Amount of the net FUTA tax on Porters wages
Net FUTA tax=$7,000 limit) x 0.6%
Net FUTA tax = $42
Therefore the Amount of SUTA tax the company must pay to Nebraska on Porter's wages is $42
Answer:
There is a change of $27,500 (decrease)
Explanation:
Cash realizable value is the amount of money that the company expects to receive from their accounts receivable after deducting all uncollectible accounts.
First, we must compute the change in gross accounts receivable from the transactions happened during the year.
Sales on account less collections less write-offs = change in Gross accounts receivable.
$866,000 - ($522,000 + $42,500) = $301,500 (increase in gross accounts receivable)
Finally, we can now compute the change in cash realization value by deducting uncollectible accounts to gross accounts receivable.
$301,500 - $329,000 = ($27,500)
