Answer:
C) Around $56,100
Explanation:
total maintenance costs should be:
<u>year</u> <u>cost</u>
1 $0
2 $0
3 $0
4 $3,500
5 $5,250
6 $7,000
7 $8,750
8 $10,500
9 $12,250
10 $14,000
11 $15,750
12 $17,500
to determine the present value of the 12 year annuity we can use an excel spreadsheet and the present value function:
=PV (6%,select the 12 cells) = $56,099.39 ≈ $56,100
Answer:
Option D is correct,$1,950,000
Explanation:
In order to compute the closing balance of retained earnings, the preferred shares dividends for prior and current years as well as the common stock dividend must be deducted from net income before adding the remnant to the opening retained earnings:
Net income $870,000
Preferred dividend prior year($100*20000*8%) ($160,000)
Preferred dividend current year($100*20000*8%) ($160,000)
Common stock dividend($2*100,000) ($200,000)
net income after dividends $350,000
Closing retained earnings=$1600,000+$350,000
=$1,950,000
In accounting, the inventory is always done annually so inventory must always be accounted for at the year end. In order to address issues such as customer theft or spoilage, you have to minus (it's market value) from the beginning inventory.
<span>
When you excersise, your target heart rate should be between 25% to 70% of your maximum heart rate. Your target heart rate r at 70% can be determined by the formula r=0.7(220-a) where a represents your age in years. Solve the formula for a.</span>
Answer: 1. High Agreeableness
2. They know how to acquire and use power.
They manipulate others for personal gain.
Explanation:
1. A Highly Agreeable person is one who kind and considerate for others. They are altruistic and are optimistic and will usually go along with other people's ideas because they trust easily. Amy is Highly Agreeable and that was why she went along with the idea.
2. Machiavellianism is a personality traits that involves the use of manipulation to gain personal goals. Considered individuals with low empathy, they are cold emotionally and don't care much for morality.
They are able to acquire and use power through this manipulation.
