: Identify your top four work values. Work values are the elements of

Your aunt has promised to give you $5,000 when you graduate from college. You expect to graduate three years from now. If you sp

ikadub [295]

Answer:

The present value of the promised gift will:

be less than $5,000.

Explanation:

The present value of $5,000 to be received in three years' time from today is less than $5,000 received. This is explained by the time value of money concept. If the $5,000 gift is discounted to today's value, using a discount factor of 0.751 (10% in three years' time), it would be $3,755 ($5,000 * 0.751). This means that $5,000 received in year 3 is less than $5,000 received today.

3 0

3 years ago

Linda’s Autoplex performs oil changes on automobiles, light trucks, and sport utility vehicles. She is a profitmaximizing busine

yan [13]

The answer is b $15.......

8 0

3 years ago

Universal Foods issued 10% bonds, dated January 1, with a face amount of $176 million on January 1, 2021 to Wang Communications.

natima [27]

Answer:

January 1, 2021

Dr Investment in bonds $176 million

Cr Discount in Investment in bonds $24,226,136

Dr Cash $151,773,864

June 30, 2021

Dr Cash $8,800,000

Dr Discount in Investment in bonds $897,538

Cr Interest Revenue $9,607,538

December 31, 2028

Dr Cash $8,800,000

Dr Discount in Investment in bonds $897,538

Cr Interest Revenue $9,607,538

Explanation:

1. to 3. Preparation of the journal entries to record the purchase of the bonds by Wang Communications on January 1, 2021, interest revenue on June 30, 2021 and interest revenue on December 31, 2028

January 1, 2021

Dr Investment in bonds $176 million

Cr Discount in Investment in bonds $24,226,136

($151,773,864-$176 million)

Dr Cash $151,773,864

(To record purchase of bonds)

June 30, 2021

Dr Cash $8,800,000

($176 million*10%/2)

Dr Discount in Investment in bonds $897,538

($24,226,136/30)

Cr Interest Revenue $9,607,538

($8,800,000+$897,538)

(To record Interest Revenue)

December 31, 2028

Dr Cash $8,800,000

($176 million*10%/2)

Dr Discount in Investment in bonds $897,538

($24,226,136/30)

Cr Interest Revenue $9,607,538

($8,800,000+$897,538)

(To record Interest Revenue)

Present value of an ordinary annuity of $1 n=30 I=6%

Present value of an ordinary annuity of $1 =13.76483

Present value of $1 n=30 I=6%

Present value of $1=0.17411

Interest ($176 million *5%*13.76483) $121,130,504

Principal ($176 million*0.17411) $30,643,350

=$151,773,864

5 0

3 years ago

maria has decided to send a letter to her state representative regarding the ten industrial plants in her community that release

otez555 [7]

Maria involved with tragedy of the commons phenomenon.

The required details for tragedy of the commons in given paragraph

In economics, the tragedy of the commons is a scenario wherein man or woman users, who've open get right of entry to to a useful resource unhampered with the aid of using shared social systems or formal guidelines that govern get right of entry to and use, act independently in step with their personal self-interest and, opposite to the not precise of all users, reason depletion of the useful resource via their uncoordinated action. The idea originated in an essay written in 1833 with the aid of using the British economist William Forster Lloyd, who used a hypothetical instance of the results of unregulated grazing on not land in Great Britain and Ireland. The idea have become broadly referred to as the "tragedy of the commons" over a century later after a piece of writing written with the aid of using Garrett Hardin in 1968. Faced with proof of ancient and present commons, Hardin later retracted his authentic thesis, mentioning that the name must have been "The Tragedy of the Unmanaged Commons".

Although taken as a hypothetical instance with the aid of using Lloyd, the ancient death of the commons of Britain and Europe resulted now no longer from misuse of long-held rights of utilization with the aid of using the commoners, however from the commons' owners enclosing and appropriating the land, abrogating the commoners' rights.

To know about tragedy of the commons click here

brainly.com/question/9680058

#SPJ4

8 0

2 years ago

Ultimate Sportswear has $190,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also ha

iragen [17]

Answer:

$11,400 and $27,600

Explanation:

The computation of the dividend distributed are as follows

Given that

6% noncumulative, nonparticipating, preferred stock = $190,000.

Common stock outstanding = $590,000.

In the first year, no dividend paid by the company.

The preferred stock is noncumulative that means no dividend will be a carryover.

Second year dividend paid by company = $39,000

Now based on the given information, the dividend distributed are as follows

For preffered stock

= $190,000 × 6%

= $11,400

And for common stock

= $39,000 - $11,400

= $27,600

This is the correct answer but the same is not provided in the given options

First we have to paid preferred stockholders and then equity stockholders

4 0

3 years ago