1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
serg [7]
3 years ago
6

Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the com

pany agreed to pay rent of $12,000 per month for the next 9 years with the first payment due today. If the APR is 6.36 percent compounded monthly, what is the value of the payments today?
Business
1 answer:
mestny [16]3 years ago
6 0

Answer:

The value of the payments today = $990,072.84

Explanation:

jenny:

rate =0.0636/12

n=9*12

pmt=12000

=PV(0.0636/12,9*12,12000,0,1)

=$990,072.84

You might be interested in
According to the consumer decision process, after consumers recognize the need for a product, they then engage in:.
lions [1.4K]

Answer:

An information search.

What is information search?

is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.

4 0
3 years ago
Calculate the present value of the after tax net returns to land in the 7th year if thereal pre-tax net returns to land today ar
Tatiana [17]

Answer:

PV(after-tax net return in 7th year) = 70.55 (Approx)

Explanation:

Given:

Number of year = 7

Pre-tax net returns (Fn) = $100

Growth rate = 4% = 0.04

Inflation = 3% = 0.03

Marginal tax rate = 30% = 0.3

Discount rate = 10% = 0.1

Computation:

Fn = Fo(1+g)ⁿ = 100(1.04)⁷

Fn = 131.6

Nominal net returns = 131.6(1.03)⁷

Nominal net returns = 161.85

After tax return = 161.85  (1 - 0.3)

After tax return = 113.30

After-tax, risk adjusted discount rate = 0.1(1-0.3) = 7%

PV(after-tax net return in 7th year) = 113.30 (1+0.07)⁻⁷

PV(after-tax net return in 7th year) = 70.55 (Approx)

8 0
3 years ago
A sales firm regularly enrolls some of its employees in a six-month marketing course with a leading university. At the end of th
Firlakuza [10]

Answer:

Externship

Explanation:

Externship refers to an agreement between the employer and university wherein the university imparts skills required by the employer from employees which relate to a particular job designation.

Externship enables the employees to gain a short term practical knowledge which is related to their job position. Externship, unlike internship is for a shorter duration and during such a course the volunteered employees supervise the learning process of the externs.

Such a concept is also referred to as Job shadowing.

7 0
3 years ago
Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,770 and two j
maxonik [38]

Answer:

Explanation:

WORK IN PROCESS INVENTORY    

May 1 balance 3770 May 31 Finished Goods 9234

31-May Material 11470    

31-May labour 13870    

31-May Overheads 9431.6    

may 31 Balance 29307.6    

JOB COST SHEET      

Job no. Beg. WIP Material Labour Overheads Total  

430 1340 3850 3400 2312 10902  

431 0 4680 8170 5555.6 18405.6  

TOTAL 1340 8530 11570 7867.6 29307.6  

Note: Total cost of Job 429 transferred to Finished goods:  

Beginning cost  2430    

Add: Material  2940    

Add: Labour  2300    

Add: Overheads (2300*68%) 1564    

Total cost of Job 429  9234  

4 0
3 years ago
There are many costs associated with owning a car. Which of these is not something you'll need to pay for?
kaheart [24]

The answer will be -B-

4 0
3 years ago
Other questions:
  • Dybala Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Sel
    11·1 answer
  • Luzent corporation has two​ departments, small and large. central costs could be allocated to the two departments in various way
    5·1 answer
  • Which of the following is a correct statement regarding the nature and timing of communications between an accounting firm perfo
    14·1 answer
  • Polar Containers makes​ high-end coolers for camping. The total task time needed to make a cooler is 310 ​seconds, with the long
    10·1 answer
  • When forecasting fixed asset​ requirements, the projected fixed asset balance will
    15·1 answer
  • Money is an unlimited resource.<br><br> TRUE<br><br> FALSE
    9·1 answer
  • 1.Have you or someone you know worked somewhere where the culture was strong? What was your reaction to that strong culture? Did
    5·1 answer
  • Tolerance and trust at work place practice<br><br><br>​
    10·1 answer
  • Write an essay about Buisness skills 150 words pls <br> giving 100 points
    7·1 answer
  • A label on foods prepared and packaged onsite for retail sales must list which information?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!