Answer:
b) Equal payments and an infinite life
Explanation:
A perpetuity is an annuity that has no end, or a stream of cash payments that continues forever.
Answer: Manufacturing overhead for the month was underapplied by $19,000.
Explanation:
From the question, we are informed that before the closing of the overapplied or underapplied balance to cost of goods sold, the total of the debits to the manufacturing overhead account was $75,000 and the total of the credits to the account was $56,000.
This implies that the manufacturing overhead for the month was underapplied by ($75000 - $56000)= $19000. The manufacturing overhead debit balance shows that manufacturing overhead was simply underapplied in this case.
Answer:
c. Contacting me by December 1 about your support of this new benefits plan will allow me to present this proposal at the next strategic planning session.
Explanation:
The closing for a request should indicate a deadline for receiver, which can help to engage receiver in sender’s process.
Even though in this scenario, the sender is requesting for a support which might be not receiver’s responsibility to accept the benefit plan, but the sender can smartly appreciate the receiver if he can have the support by December 1.
I suppose with this closing in an email, receiver will put this mail in his working calendar or prioritized list if he really care and want to support this plan.
Answer: $25000
Explanation:
From the question, we are informed that Betty made a 20% profit on a residential lot she sold for $30,000. Let the cost price of the property be represented by x.
Therefore, (100% + 20%) of x = $30000. This means that 120% of x = $30000.
120% × x = $30000
1.2x = $30000
x = $30000/1.2
x = $25000
Therefore, the amount paid for the property is $25000
