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2 years ago

What is the present value of 4360 to be received at the beginning of each of 30 periods discounted at 5% compound interest

Business

1 answer:

Sloan [31]2 years ago

5 0

Answer:

The right solution is "70375.08".

Explanation:

Given that,

Present value,

= 4360

Interest rate,

= 5%

Time period,

= 30

Now,

The present value of inflows will be:

= $(1+rate)\times \frac{Present \ value[1-(1+Interest \ rate)^{-time \ period}]}{rate}$

= $1.05\times 4360\times \frac{[1-(1.05)^{-30}]}{0.05}$

= $4360\times 16.1410736$

= $70375.08$

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Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him

Valentin [98]

Full question:

Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him and says, "actually, this concert will cost you more than $60 since you have to miss work." His friend is referring to the _________________.

Select the correct answer below:

a)economies of scale

b)budget constraint

c)opportunity cost

d)opportunity set

Answer:

His friend is referring to the opportunity cost

Explanation:

Opportunity costs describe the gains a person, investor or company drops out on when picking one choice over another. The cost of practicing something is previously the cost of the highest-valued alternative use. Bottlenecks are frequently a condition of opportunity costs.

The method for determining an opportunity cost is solely the contrast within the expected returns of any option. Estimating opportunity costs can lead you to more effective decision-making. Opportunity cost examination also performs a crucial role in preparing a business's capital structure.

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3 years ago

Borrowing money to pay for expensive items like student loans and home mortgages with the intent to pay it back in fixed monthly

Leno4ka [110]

Answer:

Installment Credit

Explanation:

8 0

3 years ago

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Spartan Corporation estimates that it will incur $200,000 of total manufacturing overhead cost at an estimated activity level of

bagirrra123 [75]

Answer:

Applied manufacturing overhead is $4,000

Explanation:

Given,

Total manufacturing overhead = $200,000

Activity level = 10,000 DLH

Predetermined overhead rate = $\frac{Manufacturing\ overhead\ cost}{Activity\ level}$

= $\frac{200,000}{10,000}$

=$20

Manufacturing overhead applied = predetermined rate × time required

= 20 × 200

= $4,000

Therefore, manufacturing overhead of $4,000 is applied to the job.

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3 years ago

The Harleysville Manufacturing Shop produces motorcycle parts. Typically, 10 pieces out of a job lot of 1,000 parts are spoiled.

Murrr4er [49]

Answer:

Materials Control $ 250

Manufacturing Overhead Control $1,000

Work-in-Process Control $1,250

Explanation:

spoilage rate: 10/1000 = 0.01=1%

the job requires 2,500 goods parts

total part required (considering spoilage)

$\frac{requirement}{1-spolage} =$total needs$

2,500 /(1-0.01) = 2500/ 0.99 = 2525.2525 = 2525

2525-2500 = 25 spoilage part

Note:

in this case you may think you can simple do 2,500 x 0.01

But if the spoilage rate is high or the amount of high is, then you will have an answer different than the correct method. Stick to the formula given.

25 part x 50 = 1,250

From the work in process, we will subtract this value, we will increase the spoilage materials inventory and charge the diference as actual overhead.

Materials Control $ 250

Manufacturing Overhead Control $1,000

Work-in-Process Control $1,250

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3 years ago

What is the meaning of accounting.

DiKsa [7]

The action or process of keeping financial accounts is what accounting means

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3 years ago

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