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3 years ago

10

The key decisions and plans in corporate strategy address: What business are we in and how will we allocate resources among thes

e businesses
a. True
b. False

1 answer:

serious [3.7K]3 years ago

4 0

This is A. true i think

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A friend wants to borrow money from you. He stated that he will pay you $2500 every 6 months for 7 years with the first payments

scoundrel [369]

Answer:

The value of the payments today is $35.00.

Explanation:

The Value of Payments today is known as the Present Value (PV) and is calculated as follows :

Pmt = - $2,500

P/yr = 2

n = 7 × 2 = 14

Fv = 0

Pv = ?

Using a Financial Calculator, the Present Value (PV) of the payments would be $35.00

4 0

3 years ago

Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $5,000 under each of the fol

Paraphin [41]

Solution :

Annual payment = $\$ 5000$

1. The rate of interest annually = 12%

Present value $=\$5000 \times \text{PVA of} \ \$1(12\%, 5)$

$=\$5000 \times 3.60478$

= $ 18,023.90

2. The rate of interest annually = 12%

Present value $=\$5000 \times \text{PVAD of} \ \$1(12\%, 5)$

$=\$5000 \times 4.03735$

= $ 20,186.75

3. The rate of interest annually = 12%

The rate of interest quarterly = 3%

Present value = $\$5000 \times \text{PV of} \ \$1(3\%, 4) + \$5000 \times \text{PV of} \ \$1(3\%, 8) +\$5000 \times \text{PV of} \ \$1(3\%, 12)$ $+\$5000 \times \text{PV of} \ \$1(3\%, 16) + \$5000 \times \text{PV of} \ \$1(3\%, 16)$

$= \$5000 \times 0.88849 + \$5000 \times 0.78941 + \$5000 \times 0.70138 + \$5000 \times 0.62317 + \$5000 \times 0.55368$ $=\$ 17,780.65$

4 0

3 years ago

What type of lawsuit occurs if an employee decides to file a lawsuit against a company?

lana [24]

Answer: A. Civil case

Explanation:

The court cases that associate disputes between persons or businesses over funds or some incident to private rights are known as civil cases.
It starts by one party (business or a person) known as "plaintiff" claims to have been harmed by the actions of another party (person or business) known as the "defendant".

Hence, the lawsuit occurs if an employee decides to file a lawsuit against a company is "Civil case".

Hence, the correct option is "A".

4 0

3 years ago

Read 2 more answers

Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no b

Sveta_85 [38]

Answer:

$136

Explanation:

Date Transaction Units Cost Total

3 Purchase 5 $20 $100

10 Sale 3

17 Purchase 10 $24 $240

20 Sale 6

23 Sale 3

30 Purchase 10 $30 $300

using the first in, first out method, the COGS is calculated based on the oldest price of the units in merchandise inventory:

6 units were sold on May 20th, 2 of them costed $20 (May 3rd purchase) per unit = $40, while 4 of them costed $24 (May 17th purchase) = $96. Total COGS = $40 + $96 = $136.

7 0

3 years ago

Godfrey Corporation holds, as a long-term investment available-for-sale securities costing $69,000. At December 31, 2017, the fa

kodGreya [7K]

Answer:

Godfrey Corporation

GOLDFREY CORPORATION

Balance Sheet (Partial)

December 31, 2017

Noncurrent assets:

Investments:

Investment In Stock, at fair value $64,100

Stockholders' Equity:

Common stock

Retained earnings

Less :

Unrealized loss $4,900

Explanation:

a) Data and Calculations:

Long-term investment available for sale:

Cost = $69,000

Fair value 64,100

Unrealized loss $4,900

b) The correct entry would have been to reduce the net income by the unrealized loss. However, for simplicity, this is showed as a reduction of the Retained Earnings in the balance sheet.

5 0

3 years ago