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tangare [24]
3 years ago
6

Entertainer's Aid plans five annual colossal concerts, each in a different nation's capital. The concerts will raise funds for a

n endowment which would provide the World Wide Hunger Fund with $3,000,000 per year into perpetuity. The endowment will be given at the end of the fifth year. The rate of interest is expected to be 9 percent in all future periods. How much must Entertainer's Aid deposit each year to accumulate to the required amount
Business
1 answer:
Finger [1]3 years ago
3 0

Answer: $5,569,758.43

Explanation:

First you need to find the present value of the Perpetuity at the end of the fifth year.

Present value of Perpetuity = Amount / Interest rate

= 3,000,000 / 9%

= $33,333,333.33

Given an interest rate of 9%, Entertainer's aid should deposit an amount per year that would lead to the endowment having $33,333,333.33 at the end of the fifth year.

Future value of annuity = Annuity * Future value of annuity interest factor, 9%, 5 years

33,333,333.33 = Annuity * 5.9847

Annuity = 33,333,333.33 / 5.9847

= $5,569,758.43

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Bumble Bee Co. had taxable income of $7,000, tax depreciation of $5,000, book depreciation of $2,000, and accrued warranty expen
NeX [460]

Answer:

$9,600

Explanation:

Calculation for Bumble Bee's pretax accounting income

Using this formula

Pretax accounting income=Taxable income-Accrued warranty expense+(Tax depreciation-Book depreciation)

Let plug in the formula

Pretax accounting income=$7,000-$400+($5,000-$2,000)

Pretax accounting income=$7,000-$400+$3,000

Pretax accounting income=$9,600

Therefore Bumble Bee's pretax accounting income will be $9,600

8 0
3 years ago
A new aerated sewage lagoon is required in a small town. Earlier this year, one was built on a similar site in an adjacent city
zysi [14]

Answer:

value of new lagoon will be $4.05 million

Explanation:

We have given cost = $2.3 million

It is given that new lagoon will be 65% larger

So size of lagoon will be 1+0.65 =1.65

Sizing exponent for this project is given 1.13

So x = 1.13

New lagoon is given by New\ lagoon=cost\times size^x

So new lagoon will be equal to =2.3\times 1.65^{1.13}=2.3\times 1.76=4.05 $ million

So value of new lagoon will be $4.05 million

6 0
3 years ago
If you are unable to resolve a conflict, you might need to invite a(n) _____ to suggest possible resolutions.
Harman [31]

The answer is mediator

7 0
3 years ago
ICE is a non-profit organization that runs awareness campaigns and research programs that provide data to initiate the process o
prisoha [69]

Answer: D. Two of the most experienced employees on the team reported having to shoulder a disproportionate amount of the current workload and asked for an internal transfer.

Explanation:

Social loafing means when an individual exerts less effort in order to achieve a particular goal when the individual is part of a group but when the individual works alone , he or she works harder and exerts more effort.

Based on the information given, the presence of social loafing in the team will be that "Two of the most experienced employees on the team reported having to shoulder a disproportionate amount of the current workload and asked for an internal transfer".

Here, there's dispersion of responsibility as the results in he group group can't be attributed to a particular employee. In such case, the employees may be tempted to wanting to work alone.

4 0
3 years ago
Dr. Beswick enjoys teaching college courses. He likes the salary he receives as well as the ability to travel in summers. Howeve
OleMash [197]

Option D

This would imply that he is working for: Total rewards

<h3><u>Explanation:</u></h3>

Total Reward is an idea that explains all the means possible to an employer that may be practiced to pull, stimulate and engage employees. To a worker or candidate exploring new employment, the concept of total rewards combines recognized value as a consequence of the employment relationship.

The approach consolidates compensation and advantages with personal growth possibilities inside a motivated business environment. An employee’s Total Rewards privileges case typically holds components of wages or compensation, profits, work-life versatility, achievement, appreciation, and extension and development.

3 0
3 years ago
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