This individual is known as the IT or the Information Technology Expert of the Company. He is engaged in developing programs that would make work in a company quicker and more efficient. ITs are actually very important people in our technologically developing world.
Answer:
$250,939,550
Explanation:
Data provided in the question:
Payout, P = $25 million = $25,000,000
Number of years, n = 15 years
Rate of return, r = 5.50% = 0.055
Now,
Present value = ![P \times\left[ \frac{1-(1+i)^{-n}}{i} \right]](https://tex.z-dn.net/?f=P%20%5Ctimes%5Cleft%5B%20%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%20%5Cright%5D)
on substituting the respective values, we get
Present value = ![\$25,000,000\times\left[ \frac{1-(1+0.055)^{-15}}{0.055} \right]](https://tex.z-dn.net/?f=%5C%2425%2C000%2C000%5Ctimes%5Cleft%5B%20%5Cfrac%7B1-%281%2B0.055%29%5E%7B-15%7D%7D%7B0.055%7D%20%5Cright%5D)
Present value = ![\$25000000 \cdot \left[ \frac{1 - 1.055^{-15}}{ 0.055} \right]](https://tex.z-dn.net/?f=%5C%2425000000%20%5Ccdot%20%5Cleft%5B%20%5Cfrac%7B1%20-%201.055%5E%7B-15%7D%7D%7B%200.055%7D%20%5Cright%5D)
Present value = ![\$25,000,000 \cdot \left[ \frac{1 - 0.447933}{ 0.055} \right]](https://tex.z-dn.net/?f=%5C%2425%2C000%2C000%20%5Ccdot%20%5Cleft%5B%20%5Cfrac%7B1%20-%200.447933%7D%7B%200.055%7D%20%5Cright%5D)
Present value = 25000000 × 10.037582
or
Present value = $250,939,550
Answer:
594 units
Explanation:
We must apply the logistics growth model, since applying linear or exponential growth will result in numbers which are much higher than the total production capacity of this facility. When we use the logistics growth model, the growth rate decreases as the resource limit approaches.
f(x) = c / (1 + ae⁻ᵇˣ)
initial value = c / (1 + a) = 240
600 = 240 + 240a
360 = 240a
a = 1.5
b = growth rate = (360 - 240) / 240 = 0.5
x = 5
e = 2.71828
f(x) = 600 / [1 + [1.5 x (2.71828⁻⁵) = 600 / 1.010106954 = 593.9965 = 594 units
Answer:
Dr cash $12,180
Cr notes receivable $12,000
cr interest revenue $180
Explanation:
The cash receipt implies that the company cash has improved by $12,180 which means that a debit of $12,180 would be recorded in the cash account,since an increase in asset is a debit to the specific asset account.
On the other hand,notes receivable account that was previously debited when the transaction was consummated will now be credited with $12,000 with $180 credited to interest revenue account.
The rationale for credit entry in interest revenue is that an increase in income is naturally a credit entry in the books of accounts.
Answer:
$70
Explanation:
Calculation to determine what the stand-alone selling price of the installation service is:
Stand-alone selling price= $50 + (40%*$50)
Stand-alone selling price=$50+$20
Stand-alone selling price= $70
Therefore the stand-alone selling price of the installation service is:$70
