Answer:
$4,013.10.
$3,329.54.
Explanation:
If discount rate is 8%
PV of Cash Flows :
($830 / 1.08^1) + ($1,150 / 1.08^2) + ($1,410 / 1.08^3) + ($1,550 / 1.08^4)
$768.52 + $985.94 + $1,119.30 + $1,139.30
$4,013.10
If discount rate is 16%
PV of Cash Flows :
($830 / 1.16^1) + ($1,150 / 1.16^2) + ($1,410 / 1.16^3) + ($1,550 / 1.16^4)
$715.52 + $854.64 + $903.33 + $856.05
$3,329.54.
Todd is at the managerial level of the organizational pyramid.
<h3><u>What is the organizational Pyramid?</u></h3>
A well-liked form of organizational leadership in business is the pyramid structure. Because there are a lot fewer leaders than employees, an organizational chart that lists everyone on it naturally has a pyramid shape. Executives, managers, and personnel make the three main tiers of a pyramid organizational structure. The executive level is at the top of a pyramid organizational structure, which has declining levels from middle management to the lower levels staff of the organization. Each upper level of the structure is supposed to be supported by the pyramid's lower levels in order for it to work. This is a conventional organizational structure system that is frequently associated with bureaucracy.
<h3><u>What are the roles assigned to the three levels of the organizational pyramid?</u></h3>
The fundamental idea behind a pyramid organizational structure is that lower levels of the company obey orders from higher up. In essence, the executives are in charge of all significant business operations. This covers the general vision, strategy, and operations. Managers typically work directly for executives and are in charge of overseeing certain divisions or goods. Staff assists managers by carrying out duties that carry out orders from the executive level.
You can learn more about organizational structure using this link:
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Answer: a. reinstates the customer's account to the balance of both gross receivables and the allowance.
Explanation:
When a company receives payment from a customer whose debt had been written off, the first step is to reinstate the account. This will be done by debiting the Accounts Receivable account and crediting the Allowance for doubtful debt accounts.
The accounts receivable account will then be credited to show that it is reducing. The cash account will be debited to show that cash was received from the customer.
Answer:
Cost function = 1080 + 0.98x
Where x is the number of units
Explanation:
Using the high low method we calculate the variable element in a mixed cost.
The variable cost per unit can be calculated as,
Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units - Lowest activity units)
The highest activity is in April with 9000 units and a cost of $9900 and the lowest activity is in February with 4000 units and a a cost of $5000.
Variable cost per unit = (9900 - 5000) / (9000 - 4000)
Variable cost per unit = $0.98 per unit
So, total fixed cost is = 9900 - (0.98 * 9000) = $1080
Cost function = 1080 + 0.98x
Where x is the number of units
