This is my mom's channel please subscribe

Mrs. Simpson is saving for her retirement. If she makes a payment of $1,000 at the end of each month for 15 years and earns a ra

solniwko [45]

Answer:

$272,942.36

Explanation:

The formula for calculating future value = A (B / r)

B = [(1 + r) ^mn] - 1

FV = Future value

P = Present value

R = interest rate

m = number of compounding per month

N = number of years = 0,0525 /12 = 0,004375

$1,000 (1.004375)^180 - 1 / 0,004375 =$272,942.36

8 0

3 years ago

Sending e-mail marketing messages is typically less costly than sending direct mail marketing messages.

Nesterboy [21]

The answer is B. False

5 0

3 years ago

Corporation A and Corporation Z go into partnership to develop, produce, and market a new product. The two corporations contribu

sasho [114]

Answer:

You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.

Explanation:

a. Corporation A realized a $4.000 loss, and Corporation Z realized a $68.000 gain on the contribution of business equipment to AZ partnership. Neither corporation recognizes gain or loss.

b. A's basis in it's one-half equity interest in AZ Partnership is $134.000, while Z's basis in it's one-half equity in AZ partnership is $62.000.

c. AZ partnership's basis in the equipment contributed by A is $34.000 and in the equipment contributed by B is $12.000.

6 0

4 years ago

On june 1, aaron company purchased equipment at a cost of $120,000 that has a depreciable cost of $90,000 and an estimated usefu

Leto [7]

The partial year of service is from Januarry to May.

Thus, using straight line mathod, the <span>depreciation expense on the equipment for the year is given by:

$\frac{5}{12} \left( \frac{90,000}{3} \right)= \frac{5}{12} (30,000)=\$12,500$ </span>

8 0

3 years ago

Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $290,400 and the

timurjin [86]

Answer:

$53,240

Explanation:

We know that,

Break even point = Fixed cost ÷ contribution margin ratio

$290,400 = Fixed cost ÷ 55%

So, the fixed cost = $290,400 × 55% = $159,720

As the variable expense is 45% and we assume the sales is 100%, so the contribution ratio would be 100% - 45% = 55%

Now the margin of safety equal to

= (Expected sales - break even sales) ÷ (expected sales) × 100

25% = (Expected sales - $290,400) ÷ (expected sales) × 100

25% Sales = (Expected sales - $290,400)

So, the expected sales would be

= $290,400 ÷ 75%

= $387,200

Now the actual profit equals to

= Sales - variable expenses - fixed cost

= $387,200 - $174,240 - $159,720

= $53,240

The variable expense is computed below:

= $387,200 × 45%

= $174,240

4 0

3 years ago

This is my mom's channel please subscribe ​

This is my mom's channel please subscribe