Answer:
present value = $6,246.34
Explanation:
given data
loan payment 1st year = $200 per month
loan payment 2nd year = $400 per month
annual interest rate = 12%
solution
we get here present value of 2 year loan that is express as
present value of 1st and 2
present value = present value of 1st + present value of 2nd year
we get here
present value = { $200 × 
- 
+ $400 × - } ÷ 1.0112
present value = $6,246.34
Answer:
Analyzing the client's personal and financial circumstances.
Explanation:
The Financial Planning process is the process involved in planning and formulating certain strategies for the client. The professionals' design plannings and strategies based on the financial situation of the client. They consider every aspect of the financial situation of the client. There is a total of six steps involved in the planning process. Analyzing and evaluating the financial status of the client comes under the third step.
Answer:
$1,100
Explanation:
Computation for the Work-in-Process transferred to the finished goods warehouse on April 30
Work-In-Process Inventory, April 1 300
Direct materials used in production 225
Direct labor costs incurred 400
Manufacturing overhead costs 350
Less Work-In-Process Inventory, April 30 ($175)
Work-in-Process transferred to the finished goods warehouse $1,100
Therefore the Work-in-Process transferred to the finished goods warehouse on April 30 will be $1,100
Answer:
c. It should process further because the reduction in the cost of the trees is irrelevant.
Explanation:
For the purpose of this Decision,
Benefit of processing further = Sales Value after processing – Sale Value before processing – Further Processing costs
Cost of acquiring trees is a sunk cost already incurred and hence is not relevant
Hence, benefit of processing = (0.80-0.20)*350 – 50
= $160
Hence, the answer is
c. It should process further because the reduction in the cost of the trees is irrelevant.
Around 56 thousand and 65 thousand dollars, I think
