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svetoff [14.1K]
3 years ago
6

Bill wants to give Maria a $590,000 gift in two years. If money is worth 12% compounded semiannually, what is Maria's gift worth

today
Business
1 answer:
PtichkaEL [24]3 years ago
8 0

Answer:

the present value is $467,335.2613

Explanation:

The computation of the value worth today is shown below:

= Amount in two years ÷ (1 + rate of interest)^number of years

= $590,000 ÷ (1 + 12% ÷ 2)^2×2

= $590,000 ÷ 1.06^4

= $590,000 ÷ 1.26247696

= $467,335.2613

Hence, the present value is $467,335.2613

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

And, the same is to be considered  

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Weirick, Inc., manufactures and sells two products: Product T8 and Product P4. The company has an activity-based costing system
gtnhenbr [62]

Answer:

$634,443

Explanation:

The computation of total overhead applied to Product P4 under activity-based costing is shown below:-

                                                                               

Activity        Expected               Expected           Activity  

                         costs                 Activity                Rate    

                         a                         b                      c =  a ÷ b

Labor related $145,000     6,000 DLHs         24.17 per DLHs

Production

orders           $68,360        1,400 orders     48.83 Per orders

Order size   $1,069,190      5,800 MHs       184.34 per MHs

                         Product P4

Activity driver            Overhead

Incurred                   Assigned

    d                                 e = c × d

2,000                              $48,340

300                                 $14,649

3,100                               $571,454

Total overhead cost       $634,443

3 0
3 years ago
Part P40 is a part used in the production of air conditioners at Jackson Corporation. The following costs and data relate Number
Vinil7 [7]

Answer:

A) $28620 greater than if the company bought the part

Explanation:

The cost to produce the parts for Jackson Corporation amounts to $117000 for 26000 produced. The variable cost per unit is only 70000/26000 = $2.69 / unit.

On the other hand, purchasing from the outside supplier would cost $4.62 per unit along with $21500 in fixed costs. (43000 / 2 =21500)

Thus, it will cost $141620 (21500 + 4.62*26000) to purchase 26000 units from outside.

The benfit of producing these units by Jackson corporation is 141620 - 113000 = $28620.

6 0
3 years ago
Traditional home mortgage underwriting is said to rest on three elements, the "three C's." The housing expense ratio is one tool
Tresset [83]

Answer:

The three C's are Collateral, Creditworthiness, Capacity

Explanation:

The underwriters take a risk to loan you for the mortgage for this purpose they need to verify your paperwork so as to determine your eligibility to get a mortgage, which is based on;

  1. Creditworthiness: It is your credit score and your account and payment history. It also includes your previous loans and purchases.
  2. Capacity: It is a check on your ability to repay the loan. It is basically a debt-to-income ratio. The lender goes through your salary, income, expenditure and debts to confirm that you can actually repay the loan.
  3. Collateral: Literally it means an asset of the borrower kept by the lender as a security of safe return of the loan. in case of house mortgage collateral is mostly 20% down payment of the mortgage being received. If the borrower fails to repay the loan the lender seizes collateral to recover the loss.
3 0
3 years ago
Which of the following statements is true?a. The higher the maturity risk premium, the higher the probability that the yield cur
tia_tia [17]

Answer:

b. The most likely explanation for an inverted yield curve is that investors expect inflation to decrease

Explanation:

I have attached an image which plots the behavivour of a yield curve and inflation in a same period. As you can observe, there is an indirect relation between boths curves.

8 0
3 years ago
Your team has recently experienced some difficulties and setbacks. some of your teammates have expressed their lack of confidenc
jasenka [17]
Had to look for the options and here is my answer.
Based on the given scenario above, I can say that the best tactic that can be applicable in this situation in order to boost your teammates' perception of the team's capability to do well is by allowing time at a team meeting for everyone to openly share their sentiments or complaints. Hope this helps.
6 0
3 years ago
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