Answer:
Total sum due after 5 years = $2,626.9
Explanation:
The sum of 100 that is invested per period(quarterly)for certain number of period is referred is referred to as an annuity. The total sum that the investment would worth after if interest rate is compounded quarterly for the investment period is referred to as the future value of annuity.
The total sum due can be computed in two stages. The first is to determined how much the annuity investment would worth after 5 years. And the second is to determine how much the single sum of $100 would worth after 5 years.
This done as follows:
The future Value of annuity is computed using the formula below:
FV = A×( (1+r)^n - 1)/r)× (1+r)
A- periodic cash flow invested
r- interest rate per period
n- number of period
FV = future value
r= 8/4= 2%
n= 5×4= 20
FV= 100×(1.02^20 -1)/0.02)×(1.02)= 2478.3
Step 2 : The future value of the value of the Initial lump sum of $100 already existing
FV= A× (1+r)∧n
= 100×(1.02)^20 =148.59
The sum due after the end of the investment period =
2478.3 + 148.59=$2,626.9
Total sum due after 5 years = $2,626.9
Answer:
Hierarchical organizational structure
Explanation:
Hierarchical organizational structure is the type of organization structure where the level of management are divided according to function and services they are performing.
though, the level of management is divided into top level management (the planning executives: boards of member, executives, shareholders), middle (determined how the plan and organization goal will be implemented: managers) and lower level (implement the plan: the supervisor, foreman or shift manager), then will have the workers.
this management system involves decision and authority being transfer from level to level.
in the case: Asa is in the worker level, while her shift manager is in the lower level and general manager is in the middle level.
Answer:
a. what is Suncoast's current debt ratio?
debt ratio = liabilities / equity = $400,000 / $600,000 = 0.67
b. what would the new debt ratio be if the machine were leased? if it is purchased?
if X-ray machine is leased, debt ratio = $400,000 / $600,000 = 0.67
if X-ray machine is purchased, debt ratio = $600,000 / $600,000 = 1
c. is the financial risk of the business different under the two acquisition alternatives?
yes, because a higher debt ratio means that the company is under a higher financial stress since it has more outstanding loans, which increases the financial risk.
Answer:
Allocated MOH= $7,000
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 217,000 / 31,000
Predetermined manufacturing overhead rate= $7 per machine hour
<u>Job 45:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 7*1,000
Allocated MOH= $7,000
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