Answer:
a.
Investment X.
Investment X offers to pay $4,500 per year for 9 years.
Discount rate of 7%
This is therefore an annuity as it is a constant figure.
Present value = 4,500 * Present value Interest factor for 9 years, 7%
= 4,500 * 6.5152
= $29,318.40
Investment Y
Present Value = 6,200 * Present value Interest factor for 5 years, 7%
= 6,200 * 4.1002
= $25,421.24
b. Investment X
Discount rate is 21%.
Use Present Value of Annuity formula as attached table does not have factor for 21%.
![Present Value = Annuity * \frac{1 - (1 + rate)^{-no. of periods} }{rate} \\\\= 4,500 * \frac{1 - (1 + 0.21)^{-9} }{0.21} \\\\= $17,574.45](https://tex.z-dn.net/?f=Present%20Value%20%3D%20Annuity%20%2A%20%5Cfrac%7B1%20-%20%281%20%2B%20rate%29%5E%7B-no.%20of%20periods%7D%20%7D%7Brate%7D%20%5C%5C%5C%5C%3D%204%2C500%20%2A%20%5Cfrac%7B1%20-%20%281%20%2B%200.21%29%5E%7B-9%7D%20%7D%7B0.21%7D%20%5C%5C%5C%5C%3D%20%2417%2C574.45)
= $17,574.45
Investment Y
![Present Value = Annuity * \frac{1 - (1 + rate)^{-no. of periods} }{rate} \\\\= 6,200 * \frac{1 - (1 + 0.21)^{-5} }{0.21} \\\\= $18,141.10](https://tex.z-dn.net/?f=Present%20Value%20%3D%20Annuity%20%2A%20%5Cfrac%7B1%20-%20%281%20%2B%20rate%29%5E%7B-no.%20of%20periods%7D%20%7D%7Brate%7D%20%5C%5C%5C%5C%3D%206%2C200%20%2A%20%5Cfrac%7B1%20-%20%281%20%2B%200.21%29%5E%7B-5%7D%20%7D%7B0.21%7D%20%5C%5C%5C%5C%3D%20%2418%2C141.10)
= $18,141.10
Answer:
democratic manager
Explanation:
A democratic manager invites participation from members in the decision-making process. In this leadership style, every member is encouraged to contribute their ideas and opinions. Members' involvement leads to increased feelings of recognition and satisfaction.
Democratic leadership is also referred to as participative leadership. It contrasts with autocratic leadership, where the leader makes all the decisions without consultation.
Answer: Consumer
Explanation:
Quality has to do with the standard by which a product is being compared with other similar products.
Quality is primarily related to satisfaction viewpoint of consumers. If consumers are not satisfied with a particular product, it will have a negative impact on the sale of the product hence the product quality must be taken into consideration in order to enable consumers to buy such product.
Answer:
$239,200
Explanation:
The computation of total conversion costs transferred out of the Canning Department is shown below:-
Total conversion costs transferred out = Equivalent units × Cost per equivalent unit of conversion cost
= 92,000 × $2.60
= $239,200
Therefore for computing the total conversion costs transferred out we simply applied the above formula.