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coldgirl [10]
3 years ago
6

What would you pay for an investment that pays you $49000 at the beginning of each year for the next ten years? Assume that the

relevant interest rate for this type of investment is 6%.
Business
1 answer:
mr_godi [17]3 years ago
6 0

Answer:

$360,644

Explanation:

The computation of the amount paid for an investment is as follows:

= Payment made × ((1 - (1 + rate of interest)^-number of years) ÷ rate of interest

= $49,000 × ((1 - (1 + 0.06)^-10) ÷ 0.06)

=$360,644

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the amount paid for an investment is $360,644

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1. Discuss the relationship between data, information, and knowledge.
Margarita [4]

Answer:

Data are set of values or raw facts that are meaningless, Information is data that has been processed in some way or data that has been given a context. Knowledge is gotten from information by making rules to it. Knowledge always needs a rule.

Explanation:

(1) Data:

Data are a set of values or raw facts and figures.

Data are raw facts that are not useful because they lack relevance. the data can be words, numbers, images or sound

Information:

Information is either data that has been processed in some way or data that has been given a context or Examples of ways in which data can be processed are displaying the information clearly in a table, performing calculations, sorting the data.

Knowledge:

Knowledge is gotten from information by applying rules to it. knowledge always needs a rule.

Data, information and knowledge are three main building blocks that make up a much bigger picture.

Data is simply a description of something that is then saved but not in an orderly manner. Information is an organized data that is useful. Knowledge is that data/information that is organised and then processed to make a better understanding. It is known that the three components works together.  

With data being the first in the process. once the data has been classified, recorded and stored, it can then go on to the next phase of information. once the information has been organised in an orderly manner then it moves to the final phase of knowledge.

(2) In the world, an information in an organization or most likely knowledge is one of the most important resources, organizational capacities are based after the specific competencies in sharing and integrating information and knowledge.

Thus, most systems and knowledge writing attempts are not successful. in some cases, where there is technological or IT deficiencies included, the purpose of sharing is rarely attained and even reaching relative success is not simple (Hislop, 2002). the change in advancement is a unique characteristic of this new modern era, referred to as the grow older of information.  

Organizations of this modern age are faced with the challenges of active stability at various levels.  

Today, organizations are faced with such extensive amount of information and relief of knowing that controlling and using them effectively has become one of their major concerns. Operator’s knowledge based.

3 0
4 years ago
Riverbed Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair
finlep [7]

Answer:

Land=$54,600, Building = $200,200, Equipment = $72,800

Explanation:

Total Asset Fair Value = Land + Building + Equipment

Total Asset Fair Value = 62,400 + 228,800 + 83,200

Total Asset Fair Value = 374,400

<u>Recorder Amount</u>

Land = 62,400 / 374,400 * 327,600 = $54600

Building  = 228,800 / 374,400 * 327,600 = $200200

Equipment = 83,200 / 374,400 * 327,600 = $72,800

7 0
3 years ago
Kristof works as the accounts manager in a large manufacturing firm. He tries to segregate the duties among his subordinates. He
riadik2000 [5.3K]

<u>Answer:</u>

<em>Control procedures  is related to Kristof’s way of managing his employees</em>

<em></em>

<u>Explanation:</u>

Employee fraud is a critical issue looked by associations of various kinds, sizes, areas, and ventures. While we might, all want to accept our representatives are faithful and working to help the association, the more significant part of them likely are, there are yet numerous reasons why your representatives may submit extortion and a few manners by which they may do it.

Fraud in numerous structures, however, can be separated into three classes: resource misappropriation, degradation, and budget report misrepresentation. Resource misappropriation, albeit least expensive, made up 90% of all extortion cases examined.

7 0
4 years ago
The accrual basis of accounting:____________
posledela

Answer:

A. Is generally accepted for external reporting because it gives more useful information.

Explanation:

Accrual Basis of Accounting states that: Transactions should be recorded when they are entered into, irrespective of cash settlement done or not.

For Eg: 'Sales' would be recognised & recorded when goods are sold & debtor's obligation / liability to pay has been established, whether cash has been received or not.

This basis of accounting provides a clearer picture of enterprise' performance during an accounting period (i.e financial year), by providing for the real expenses & revenues of that period only.

Eg: Outstanding Expense (due but not paid) if ignored on cash basis - would lead to underestimation of expenses & overestimation of profit.

So, Accrual System is generally accepted because it is more 'Relevant' i.e more useful to Accounting information users.

6 0
3 years ago
On March 1 the price of a commodity is $1,000 and the December futures price is $1,015. On November 1 the price is $980 and the
stich3 [128]

Answer:

$1,014

Explanation:

The computation of effective price received by the company for the commodity is shown below:-

Here for computing the Effective price received first we need to find out the profit on future contract which is here below:-

Profit on future contract = Futures prices of Nov 1 - Dec Future prices Dec

= $1015 - $981

= $34

Effective price received = November Price + Profit on future contract

= $980 + $34

= $1,014

5 0
3 years ago
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