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kap26 [50]
3 years ago
5

Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $

6,000. With an annual discount rate of 8%, calculate the value today of receiving $6,000 in five years.
Business
1 answer:
Sergeu [11.5K]3 years ago
4 0

Answer:

$4,038

Explanation:

Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the present value of the future cash flows.

Present Value = Future Value  x (1/  ( 1 + interest rate ) ^ number of periods)

Present Value = 6,000 x (1/ ( 1 + 0.08) ^ 5)

Present Value  = 6,000 x 0.68058

Present Value = $4,038

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Josh is a vice-president for 20th Century Fox, a movie production company. He has the responsibility for managing the firm’s mar
Umnica [9.8K]

Answer:

The answer is letter B

Explanation:

B. link film producers to other middlemen.

8 0
3 years ago
A Missouri job shop has four departmentsmachining ​(M), dipping in a chemical bath​ (D), finishing​ (F), and plating ​(P)assigne
Vlad [161]

Answer:

Plan A cost $26,000

Explanation:

(21 * 6) + (13 * 18) + (19 * 2) + (7*4) + (11 * 2) + (4 * 18)

126 + 234 + 38 + 28 + 22 + 72

52,000 * 0.50 = 26,000

6 0
3 years ago
Blanchard Company manufactures a single product that sells for $280 per unit and whose total variable costs are $224 per unit. T
padilas [110]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Blanchard Company manufactures a single product that sells for $280 per unit and whose total variable costs are $224 per unit. The company's annual fixed costs are $879,200. Management targets an annual pretax income of $1,400,000. Assume that fixed costs remain at $879,200.

A) Break-even point= (fixed costs + profit)/ contribution margin

Break-even point= (879,200 + 1,400,000)/(280 - 224)= 40,700 units

B) Break-even point (dollars)= (fixed costs + profit)/ contribution margin ratio

Break-even point (dollars)= 2,279,200/ (56/280)= $11,396,000

8 0
3 years ago
Your storage firm has been offered 100,000 in one year to store some goods for one year. Assume your costs are $95,000, payable
Alexandra [31]

Answer:

We should not take the contract

Explanation:

Net present value = Initial investment + Present value of cash inflows

Net present value = -95000 + 100000/1.08

Net present value = -2407.41

Thus, the contract should not be taken because the NPV is negative

8 0
3 years ago
Webster Corporation is preparing a master budget for the first quarter of the year. The company budgets production of 2,680 unit
djyliett [7]

Answer:

The budget direct labor cost for the first quarter of the year is $57,774

Explanation:

Units per month:

January = 2,680

February = 2,600

March = 2,740

Total of units first quarter of year = 2,680+2,600+2,740= 8,020

So, "Each unit requires 0.6 hours of direct labor"

We need to multiply the units by the hours of direct labor

*why ?

Rule of three

1 unit need --------- 0.6 hours direct labor

8,020---------------- ?

= (8,020 x 0.6) / 1

= 4,812 / 1

= 4,812 hours we need to produce the total units

Finally: we need to multiply the hours by the payment per hour, or direct labor rate that is $12

4,812 x $12= $57,774 is the budget direct labor cost for the first quarter of the year.

8 0
3 years ago
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