Answer:
$5,793.40
Explanation:
The amount you invest is called the Principle Value (PV). Therefore the question requires us to determine the Principle Amount that will pay you a lump sum of $30,000 25 years from today.
<em>FV = $30,000</em>
<em>N = 25</em>
<em>PMT = ($1,000)</em>
<em>P/Yr = 1</em>
<em>I = 6 %</em>
<em>PV = ?</em>
Using a Financial Calculator to input the values as shown above, the Principle Value (PV) is calculated as $5,793.40.
Therefore, you will be willing to invest $5,793.40 today to have this investment in your portfolio
Hi!
I think you've got the correct answer right there! (A conspicious writing).
Answer:
The correct answer is letter "D": first-in, first-out.
Explanation:
A business using the first-in, first-out (FIFO) inventory valuation approach must sell, use or dispose first of all the products it produced or acquired. According to the FIFO process, the most recent assets purchased or generated are those that remain in inventory. Older stock is first removed from inventory.
Answer:
$29,400; $29,400 and $18,400
Explanation:
Value of parcel of land = $69,800 with a basis = $58,800
Harry's basis is equal to cash contributed which is $29,400
Hermione's basis is equal to cash contributed which is $29,400
Ron's basis = Basis of parcel of land - Mortgage value
= $58,800 - $40,400
= $18,400
NEC arose to:
d.standardize equipment use as a marketing tool
Explanation:
NEC Corporation is a multinational IT and Electronics firm that is based out of Japan.
It was started in the 60s as Nippon Electric company ltd. but it re branded itself to name NEC in 1983.
It is responsible for the standardization of equipment as their USP and their prime marketing tool and made it a standard industry practice to do so as of now.
Their impact on the whole industry has been immense.