When we compare outputs to previously established standards so that we can determine if there is a need for corrective action, this is called <u>Controlling</u>.
<h3>What is controlling?</h3>
Controlling is a process in business where the company looks at outputs and compares them to the standards that they had previously established for the purpose of evaluating output.
The importance of this is to determine if there is a need to take corrective action to ensure that those outputs meet the established standards.
Find out more the control process at brainly.com/question/14051119
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Answer:
19.119
Explanation:
Based on the information given we were told that today's report reflected the prices for the month of June contract in which the Settle price was 19.119 which Simply means that the Settle price amount of 19.119 will be the price per troy ounce which will be used for today's marking-to-market for this contract.
Therefore the price per troy ounce that will be used for today's marking-to-market for this contract will be 19.119
For the first investment the solution as follows
Annual depreciation
600,000÷6 years=100,000
Net annual cash flows
100,000+155,000=255,000
Present value
255,000×4.11141+16,600×0.50663
=1,056,819.608
Net present value
1,056,819.608−600,000=456,819.608
For the second investment the solution as follows
Annual depreciation
390,000÷8 years=48,750
Net annual cash flows
48,750+60,000=108,750
Present value
108,750×4.96764+24,500×0.40388
=550,125.91
Net present value
550,125.91−390,000=160,125.91