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Gekata [30.6K]
2 years ago
10

How to get power of attorney for someone who is incapacitated

Business
1 answer:
Setler [38]2 years ago
5 0

Answer:

Go before a judge to obtain conservatorship

Explanation:

A conservatorship will grant you the right to make medical and financial decisions on your parent's behalf.

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The primary objectives of control over inventory are
Morgarella [4.7K]

Answer: The correct answer is to safeguard the inventory and reporting the inventory on the financial statements.

Explanation: One of the primary objectives of control over inventory is to safeguard the inventory from damage or theft. The second objective is to report the inventory on the financial statements.

4 0
3 years ago
Genesis Scents has two divisions: the Cologne Division and the Bottle Division. The Bottle Division produces containers that can
ale4655 [162]

Answer:

transfer price 3.31

Explanation:

the minimun transfer price should be equal to the marginal cost:

In this case: variable manufacturing cost + shipping cost.

variable cost 3.1

shipping cos 0.21

marginal price 3.31 = cost of produce an additional unit = transfer price

there is no additional fixed cost so this should be the transfer price.

5 0
2 years ago
For the current interest period, Jones Corporation's accountant correctly recognized interest expense of $7,350 relating to Jone
Xelga [282]

Answer:

Journal entry recording the interest

                                            Debit             Credit

Interest Expense               $7,350

Cash                                                         $7,000

Interest Payable                                       $350

As $7,000 is paid from the total expense of $7,350. Remaining interest of $350 is recorded as liability in interest payable account.

5 0
3 years ago
On September 1, 2021, Sheffield Corp. issued a note payable to National Bank in the amount of $1460000, bearing interest at 8%,
Lisa [10]
Congratulations congratulations happy birthday happy happy ww happy birthday happy happy birthday merry Christmas happy birthday happy
3 0
3 years ago
A baseball player is offered a 5-year contract that pays him the following amounts: Year 1: $1.40 million Year 2: $1.51 million
jolli1 [7]

The player's annual salary (in millions of dollars), using the present value calculations, is <u>$1.89743 million</u>.

<h3>What is the present value?</h3>

The present value of the player's future cash flows (salaries) is the current value or the value in today's dollars.  It is computed by discounting the future values at the appropriate discount rate.

The present value can be computed using the Present Value formula, an online finance calculator, or the PV factor table.

Formula

PV = FV \frac{1}{(1+r)^{n}}

Where:

PV = present value

FV = future value

r = rate of return

{n} = number of periods

<h3>Data and Calculations:</h3>

Discount rate = 10%

Period of salary = 5 years

Period      Cash Flows     PV Factor      Present Value

Year 1:    $1.40 million        0.909           $1,272,600 ($1.4 x 0.909)

Year 2:    $1.51 million        0.826             1,247,260 ($1.51 x 0.826)

Year 3:  $2.25 million         0.751             1,689,750 ($2.25 x 0.751)

Year 4:  $2.59 million        0.683             1,768,970 ($2.59 x 0.683)

Year 5:   $3.17 million        0.621              1,968,570 ($3.17 x 0.621)

Additional present value required          1,540,000

Total present value =                             $9,287,150

Annual salary (in millions of dollars) = $1.89743 million ($9,287,150/5).

Thus, the player's annual salary (in millions of dollars) is <u>$1.89743 million</u>.

Learn more about present value calculations at brainly.com/question/20813161

8 0
2 years ago
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