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lutik1710 [3]
3 years ago
7

An investment offers €4,000 per year for 10 years, with the first payment occurring one year from now. (Do not include the euro

sign (€). Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Required:
If the required return is 9 per cent, what is the value of the investment?
Business
1 answer:
PilotLPTM [1.2K]3 years ago
8 0

Answer:

25,670.80€

Explanation:

this is an ordinary annuity since the first payment occurs one year from now. The present value of an ordinary annuity is given by the following formula:

present value = annual distribution x PV annuity factor

  • annual distribution =4,000
  • PV annuity factor, 9%, 10 periods = 6.4177

present value = 4,000 x 6.4177 = 25,670.80€

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7 0
2 years ago
Under the Securities Act of 1933, if damages were incurred and there was a material misstatement or omission in the financial st
dedylja [7]

Answer:

The CPA rebuts the allegations

Explanation:

The Securities Act of 1933 requires that investors receive financial and other significant information regarding any and all securities being sold publicly and prohibits deceit, misrepresentations, and other fraud in the sale of securities. Therefore, since there was material misstatement or omission in the financial statements, the only chance the CPA has is if they rebut the allegations. Meaning that they provide actual evidence, such as physical statements or witnesses that contradict or nullify the evidence that is being presented against them regarding the material misstatement or omission

3 0
3 years ago
Laura is an investor and a limited partner in a limited partnership. Two years after she becomes a limited partner, Laura thinks
erik [133]

Answer

Option B. Laura is personally liable as the bank, in good faith, thought she is a general partner

Explanation:

Limited Partnership (LP)

This is Business entity that exists in line with state statutes that gives limited liability to some of its members who called limited partners.

RULPA

This is simply called Revised Uniform Limited Partnership Act. It is the model for Limited Partnership legislation in most states.

Limited Partner

This is a part or member of a limited partnership.it is that individual who is not involved in controlling the business and whose liability is limited to amount invested in the business.

General Partner

It is simply a member in a limited (or general) partnership who controls the business and has unlimited personal liability.

In the above scenario, Laura will be taken as a general partner and will be held personally accountable or liable for the loan, and also along with the general partners of the limited partnership.The rule of RULPA gives the right for a limited partner to be involved in the management of the partnership’s affairs and not losing the limited liability if the limited partner has been formally employed by the partnership to be an executive of the partnership.

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3 years ago
The production supervisor at Elmwood Foods is known for being unduly critical of his subordinates' work performance. Which of th
MrRa [10]

Answer:

The correct answer is D) strictness .

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A rigorous boss demands more than what employees can give, he is a perfectionist, he criticizes in a destructive way. This behavior is very clearly explained by Douglas McGregor in his theory X, where he mentions that this type of managers consider people simply as a means of production and that they are only moved by the salary they earn, that they do not enjoy their work and that they are for lazy nature.

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