Answer:
the monthly payment is $994.38
Explanation:
For computing the deposit amount made in equal payment for the next five years we need to apply the PMT formula i.e. to be shown in the attachment below:
Given that,
Present value = $0
Future value or Face value = $75,000
RATE = 9% ÷ 12 = 0.75%
NPER = 5 years × 12 = 60 years
The formula is shown below:
= PMT(RATE;NPER;PV;-FV;type)
The future value come in negative
So, after applying the above formula, the monthly payment is $994.38
Answer:
122,500
Explanation:
The formula for cashflow from operations (CFO) calculated by indirect:
CFO = NI + NCC - WCInV, where:
<em>NI: Net income;</em>
<em>NCC: Non-cash charges, which is depreciation in this exercise;</em>
<em>WCInv: Working capital investments, which is calculated as Changes in inventories + Changes in receivables - Changes in payables.</em>
Putting all the numbers together, we have:
CFO = 109,000 + 18,300 - [(-14,800)-(-19,600)] = 109,000 + 18,300 + 14,800 - 19,600 = 122,500
<em>Note: Gain on disposal of equiment is a part of cash flow from investing activities rather than operating activities.</em>
This is a false statement. All individuals over the age of 21 should have an estate plan. This is because your estate plan also includes something called a medical directive. This medical directive (or also called healthcare proxy) allows someone to designate an important person in case of a medial emergency. Of course, as your assets increase, the need for an estate plan becomes even more important.
Answer:
Option E. Control Activities
Explanation:
Control activities is a part of Control environment and in the given scenario, the company has a system of policies and procedures implemented to ensure whether the approved activities are carried out or not. This includes the segregation of duties, as the Compensation Committee is assigned the task to reviewing whether the payments that were made to the senior executives, both cash and equity based payments, are consistent with their contracts or not. Furthermore if it is not complied by the contract then relevant actions are carried out. So these are best represented by control activities.