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bonufazy [111]
3 years ago
13

A manufacturer of industrial grade gas handling equipment wants to have $725,000 in an equipment replacement contingency fund 10

years from now. If the company plans to deposit a uniform amount of money each year beginning now and continuing through year 10 (total of 11 deposits), what must be the size of each deposit
Business
1 answer:
Amanda [17]3 years ago
7 0

Answer:

$41,354.98

Explanation:

Required future worth = Annual savings x FVIFA(r%, N) x (1 + r)

Required annual savings ($) = [Required future worth / FVIFA(r%, N)] / (1 + r)

= 725,000 / [FVIFA(10%, 10) * 1.1]

= 725,000 / (15.9374 * 1.1)

= 725,000 / 17.53114

= 41354.98318991235

= $41,354.98

Note: Since this is annuity due (deposit made at beginning of year), FV is divided by (1+r).

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The government’s authority at all levels to ensure the health, safety and welfare of its citizens, which includes the control of
maxonik [38]

Answer:

Police Power

Explanation:

According to my research on different government powers, I can say that based on the information provided within the question this is the definition of Police Power. Like mentioned in the question this is the ability that states have to regulate it's citizens behaviors and maintain order, for the health, safety, and general welfare of those citizens.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
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Can someone plz be my friend?<br> I'm so lonely and sad. :'( plz help me cure my boredom and sadness
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6 0
3 years ago
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Pioche Company is considering selling a "premium" version of one of its products. The following information is available. The ad
ryzh [129]

Answer: B- Increase of $200,000

Explanation:

The extra revenue that will be gained if the company sells premium units will be;

= Premium price - normal price

= 17 - 10

= $7

There are 100,000 unit so the extra revenue is;

= 7 * 100,000

= $700,000

The increase in Net income will be;

= 700,000 - additional processing costs

= 700,000 - 500,000

= $200,000

8 0
3 years ago
Which of the following takes routine, transaction-based activities that are dispersed throughout the organization and consolidat
Nikolay [14]

Answer:

D. Shared service centers

Explanation:

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3 years ago
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The following amounts were reported by a company before adjusting its overapplied manufacturing overhead of $48,000. What is the
agasfer [191]

Answer:

$682,000

Explanation:

Where the amount absorbed is more than the actual overhead, it means that there is over absorption of overhead.

The cost of goods sold is inflated to over absorption value when it comes to over absorption.

Therefore;

Adjusted cost of goods sold = Cost of goods sold - Over applied manufacturing overhead

= $730,000 - $48,000

= $682,000

5 0
3 years ago
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