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2 years ago

3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?

Business

2 answers:

MA_775_DIABLO [31]2 years ago

8 0

Answer:

$854.81

Explanation:

The formula for calculating the present value is as below

PV = FV/( 1 + r)^n

Where Fv =1000

r = 4% or 0.04

n= 6

PV = $1000/ (1 + 4/100)^4

PV=$1000/(1 + 0.04)^4

PV=$1000/1.16985

PV =$854.81

erastova [34]2 years ago

4 0

Answer:

3629.9

Explanation:

I just did the test and thats what it told me the correct answer was.

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On January 22, Ireland Corporation issued for cash 19,000 shares of no-par common stock at $25. On February 14, Ireland issued a

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Answer:

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3 years ago

Tiptoe shoes had annual revenues of $201,000, expenses of $111,700, and dividends of $24,400 during the current year. the retain

Andreyy89

Entry to close the income summary account at the end of the year:

At the time of closing the Income Summary account, the Income Summary account is debited and Retained earnings account is credit with the amount of Net Income. Net Income can be calculated as follows:

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3 years ago

Multiple Production Department Factory Overhead Rates

Vinil7 [7]

Answer:

total overhead costs for blending department = $342,000

total machine hours blending department = 2,960

overhead rate per machine hour = $342,000 / 2,960 hours = $115.5405405 per machine hour

total overhead costs for packaging department = $324,000

total direct labor hours packaging department = 800

overhead rate per direct labor hour = $324,000 / 800 hours = $405 per machine hour

product blending department packaging department

Whole milk 1,210 x $115.54 = $139,804 260 x $405 = $105,300

Skim milk 980 x $115.54 = $113,230 280 x $405 = $113,400

Cream 770 x $115.54 = $88,966 260 x $405 = $105,300

total $342,000 $324,000

total overhead rate assigned to each product:

product blending dep. packaging dep. total

Whole milk $139,804 $105,300 $245,104

Skim milk $113,230 $113,400 $226,630

Cream $88,966 $105,300 $194,266

total $342,000 $324,000 $666,000

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3 years ago

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Answer: (a).

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3 years ago

If parts are replaced when you have work done on your vehicle, __________.

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3 years ago

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