Human resources is about trying to

You have recently won the super jackpot in the Washington State Lottery. On reading the fine print, you discover that you have t

icang [17]

Answer:

should choose option a

Explanation:

option a)

annuity due, 31 payments of $180,000 per year, 6.25% discount rate

Present value = $180,000 x 14.40432 (PV annuity due factor, 6.25%, 31 periods) = $2,592,726

option b)

$500,000 today + ordinary annuity, 30 periods, 6.25%, $144,000

present value = $500,000 + ($144,000 x 13.40432 [PV annuity factor, 6.25%, 30 periods)] = $2,430,222

6 0

3 years ago

Which of these options for saving money offers the lost liquidity?

daser333 [38]

The option of saving money that offers the most liquidity is a piggy bank. (option C)

<h3>What is liquidity?</h3>

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

To learn more about liquidity, please check: brainly.com/question/15691477

#SPJ1

8 0

2 years ago

LO 2.2Explain the differences among fixed costs, variable costs, and mixed costs.

hjlf

Answer:

Explanation:

There are primarily two types of costs, i.e. variable costs and fixed costs. The variable cost is the cost that varies when the level of production changes, whereas the fixed cost is the cost that remains constant, whether the level of production changes or not.

Therefore, indirect material indirect labor, and factory supplies are included in the variable costs, and the fixed costs include supervision taxes and depreciation expenses.

The mixed cost is a mix combination of both the variable cost and the fixed cost which includes some components of fixed cost and some components of variable cost. It is also known as semi-variable cost

Example - transportation cost, tel communication cost, etc

7 0

3 years ago

Cash flows of two mutually exclusive projects are as follows. Project A costs $80,000 initially and will have a $15,000 salvage

son4ous [18]

Answer:

C. The present worth of project A is -$143,252.17

Explanation:

Present worth can be calculated using a financial calculator

For method A ,

Cash flow in year 0 = $80,000

Cash flow in year 1 and 2 = $30,000

Cash flow in year 3 = $30,000 - $15,000 = $15,000

I = 10%

Present worth= $ 143,335.84

For method B,

Cash flow in year 0 = $120,000

Cash flow in year 1 and 2 = $8, 000

Cash flow in year 3 = $8,000 - $40,000 = $-32,000

I = 10%

Present worth = $130,157.78

Method b would is chosen because it worth less.

To find the present worth using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

4 0

4 years ago

Golden Corp., a merchandiser, recently completed its 2017 operations. For the year, (1) all sales are credit sales, (2) all cred

ankoles [38]

Answer:

Please see the solution below:

Explanation:

GOLDEN CORPORATION

Statement of Cash Flow

As of December 31, 2017

CASH FLOWS FROM OPERATING ACTIVITIES $

Net Income 166,400

Adjustments to reconcile net income to

net cash provided by operating activities:

Depreciation on Fixed Assets 54,000

(Increase) Decrease in Current Assets:

Accounts Receivables (21,500)

Inventory (84,500)

Increase (Decrease) in Current Assets:

Accounts Payable 35,000

Income Tax Payable 12,400

NET CASH PROVIDED BY OPERATING ACTIVITIES 161,800

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Equipment (68,200)

NET CASH USED IN INVESTING ACTIVITIES (68,200)

CASH FLOWS FROM FINANCING ACTIVITIES

Payment of Cash Dividends (108,000)

Issuance of Common Stock 69,500

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES (38,500)

NET INCREASE (DECREASE) IN CASH 55,100

Cash Balance, December 31 2016 127,900

Cash Balance, December 31 2017 183,000

3 0

3 years ago