Answer:
PV= $216,935
Explanation:
Giving the following information:
Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the end of that person’s life. The insurance company expects this person to live for 15 more.
First, we need to find the final value of the annuity.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {20,900*[(1.05^15)-1]}/0.05= 450,992
Now, we can find the present value.
PV= FV/ (1+i)^n= 450,992/1.05^15= $216,935
Answer:
No option is correct. The options include inventory, while the question does not mention any inventory distributed.
Tyson's basis on the land is $4,000.
Explanation:
Tyson's basis on the land = total distribution - cash distribution = $20,000 - $16,000 = $4,000
A partner only needs to recognize a gain on a distribution when the cash distribution is larger than the partner's basis. In this case, the partner's basis is more than the cash distribution. The partner's basis for the rest of the assets distributed will be equal to the difference between the partner's basis - cash received.
In this case, since the difference is $4,000, then the basis for the land will be reduced.
When a business's strategies and technology are able to become entangled, this is called <u>Technology integration. </u>
<h3>What is technology integration?</h3>
- Refers to the process of aligning a business's strategies with its available technology.
- This allows for increased efficiency to achieve organizational goals.
When Spyder Corporation's technology was entangled with its business strategies, this allowed for technology integration that will contribute to the success of their business.
Find out more on benefits of technology at brainly.com/question/1162014.
Answer:
No impairment
Explanation:
Since the future net cash flows are still recoverable and they are higher than carrying amount, none needs to be reported
The right answer for the question that is being asked and shown above is that: "d. Disease killed more people in the middle colonies because of its cooler climate, resulting in a labor shortage." All of the following are true statements about the economy of the middle colonies, EXCEPT Disease killed more people in the middle colonies because of its cooler climate, resulting in a labor shortage.<span>
</span>
