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Lena [83]
3 years ago
5

Use the following 10% interest factors. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 7 periods 4.86842 9.4

8717 8 periods 5.33493 11.43589 9 periods 5.75902 13.57948 What amount should be recorded as the cost of a machine purchased December 31, 2020, which is to be financed by making 8 annual payments of $16000 each beginning December 31, 2021? The applicable interest rate is 10%. $182974 $92144 $85359 $112000
Business
1 answer:
katen-ka-za [31]3 years ago
5 0

Answer:

The cost of the machine will be $85,358.88‬

Explanation:

To calculate the present value of the machine is given by:

Present value=$16000*Present value of annuity factor(10%,8)

=$16000*5.33493

= $85,358.88‬

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You are Chair of the Federal Reserve Board. In your meeting with the Federal Open Market Committee, the committee un-animously v
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You reply that "OMOs are the purchase and sale of government securities. To increase the money supply we will buy government securities which increases the amount of reserves in the banking system and fuels deposit expansion".

<u>Option: A</u>

<u>Explanation:</u>

The action of central bank to offer or take liquidity from or into a bank or a collection of banks in its exchange rate currencies is understood as an open market operation or OMO. The central bank is the only origin of such policy which may either purchase or sell the bonds of government on the open market or in what is now often the acceptable option, engage into a repo or protected lending agreement with a commercial bank: the central bank lend the monetary as a reserve over a given period of time and concurrently selects the qualified asset as security.

Here the Chair of the Federal Reserve Board explained OMO for the purpose of their use in the scenario of increasing money supply, by purchasing or selling the bonds or securities of public authorities to eligible bodies for the increment of assets in banking sector to drive the expansion of deposits.

8 0
3 years ago
Lucas Diving Supplies Company, in its first year of business, had labor costs of $66,000, overhead costs of $98,000, materials p
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Answer:

the cost of goods manufactured is $183,000

Explanation:

The computation of the cost of goods manufactured is shown below:

Cost of goods manufactured = Labor cost + direct material purchased + overhead cost - ending balance of material - ending balance of work in process

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6 0
3 years ago
Providing incentives for enterprise social network adoption and use is under the ________ best practice.
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Providing incentives for enterprise social network adoption and use is under the strategy best practice.

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Enterprise social networking refers to an organization's use of social media (internally and externally), to connect individuals who share similar business ideas.

Examples of enterprise social network include:

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Hence, providing incentives for enterprise social network adoption and use is under the strategy best practice.

Learn more about enterprise social network here brainly.com/question/20115584

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