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elena-14-01-66 [18.8K]
3 years ago
8

g invested $800,000 in a new CNC hot wire cutting machine. They intend to sell foam products fabricated using this machine. At a

n interest rate of 12% per year compounded quarterly, the quarterly income required to recover the investment in 3 years is (choose closet answer):
Business
1 answer:
lara31 [8.8K]3 years ago
7 0

Answer:

Quarterly income = $ 36,643.03

Explanation:

The quarterly income ca be determined using the present value of the annuity technique.

The Present Value of the annuity technique

PV = A × ((1- (1+r)^(-n)/r

A- quarterly payment, n- number of quarters, quarterly rate, PV - Present of investment

A- ?  n -3× 12= 36, r-12%/4= 3%

800,000 = A×  (1- (1.03)^(-36)

800,000 = A×  (1- (1.03)^(-36)

800,000 = A × 21.8322525

A = 800,000/21.8322525

A= 36,643.03

Quarterly income = $ 36,643.03

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Pension data for Goldman Company included the following for the current calendar year: Service cost $ 100,000 PBO, January 1 750
kirill [66]

Answer:

$88,000

Explanation:

The computation of the pension expense for the year is shown below:

Service Cost  $100,000

Add: Interest Cost  $60,000 ($750,000 × 8%)

Add: Amortization of prior service cost  $6,000

Add: Amortization of net loss $2,000

Less Expected return on plan assets  $80,000 ($800,000 × 10%)

Pension Expense $88,000

We simply deduct the expected return on plant assets and the other values would be added to the service cost so that the pension expense could come

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3 years ago
gre ets if germany’s total tax revenue in 2000 was approximately $170 billion, approximately what was the amount of the total re
storchak [24]

The amount of the full retail gasoline sales in Germany that yr:

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7 0
2 years ago
The contentions that (1) many of the same standards of what's ethical and what's unethical resonate with peoples of most societi
Sphinxa [80]

Answer: (B) The school of ethical universalism

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  The ethical universalism is on of the type of ethical based concept in which their is one of the common moral agreement about the right and the wrong action on the basis of the given behavior across the various types of countries.  

 The importance of the ethical universalism is to provide the justice of equal right among all the people in the society and each person are treated in equal manner.

 According to the given question, the school of ethical universalism is one of the common ethical standards which is used to judge the different types of cultural circumstances and the variety of markets. Therefore, The given cultural circumstances is basically defining the beliefs of the ethical universalism.  

Therefore, Option (B) is correct answer.

3 0
4 years ago
A particular stock sells for $43.20 share and provides a total return of 11.6 percent. The total return is evenly divided betwee
iris [78.8K]

Answer:

The Current dividend per share (D0) $ 2.37

Explanation:

Current dividend (D0) P0×(r-g)÷(1+g)

Here,  

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8 0
4 years ago
the lucas manufacturing company has two production departments (fabrication and assembly) and three service departments (general
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Answer:

$27,000

Explanation:

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= Fabrication square foot occupied ÷ Total square foot occupied × factory overhead cost of factory maintenance department  

= 20,000 ÷ 50,000 × $67,500

= $27,000

The overhead cost of factory maintenance department is allocated on square foot occupied and the same is considered

The total square foot occupied is

= 20,000 + 30,000

= 50,000

4 0
4 years ago
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