Answer:
the amount of financial aid that they offer
Explanation:
Answer: $45 million
Explanation:
Cash Contributions during the year can be calculated by;
= Ending Plan assets + Retiree benefits - Opening plan assets - Actual return
Actual return
= Actual return on plan assets * Opening plan assets
= 13% * 500
= 65
Cash contributions = 530 + 80 - 500 - 65
= $45 million
Answer:
Total relevant cost = $143,288
Explanation:
In a make-or buy decision , to determine the optimal course of action we compare the purchase cost of the component from the external market to the relevant variable cost of internal production. Where the relevant cost of in-house production is less than the external price, the company should produce internally and vice versa
Differential cost per unit = 16 - 12 = $4
Total relevant cost = $4× 35,822 = $143,288
Total relevant cost = $143,288
Note the fixed cost of $10 per unit is exclude because it is not relevant ; it would be incurred either way
Answer: Selective hiring
Explanation: In the selective hiring process the managers of an organisation sets a criteria for the job available. While recruiting the managers sticks to the criteria strictly and only those employees are hired who fits that particular criteria.
In the given case, Dorrance wants to recruit someone with excellent skills in soccer, thus we can conclude that she is doing selective hiring.
Answer:
The security is worth $30,570.77.-
Explanation:
Giving the following information:
Annual payment (3 to 9)= $7,000
Interest rate= 5.1%
<u>First, we need to determine the value of the security 3 years from now:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {7,000*[(1.051^6) - 1]} / 0.051
FV= $47,833.35
PV= FV/(1+i)^n
PV= 47,833.35 / 1.051^6
PV= $35,490.70
The value of the security in 3 years is $35,490.70.
<u>Now, the present value:</u>
PV= 35,490.70 / 1.051^3
PV= $30,570.77
The security is worth $30,570.77.-
