you recently won a lottery and have the option of receiving one of the following three prizes: (1) $64,000 cash immediately, (2) $20,000 cash immediately and a six-year annual annuity of $8,000 beginning one year from today, or (3) a six-year annual annuity of $13,000 beginning one year from today. assuming an interest rate of 6% compounded annually, determine the present value for the above options. which option should you choose? a company wants to accumulate a sum of money to repay certain debts due in the future. the company will make annual deposits of $100,000 into a special bank account at the end of each of 10 years. assuming the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made in ten years?
Answers
Interest rate - The fund balance after the last payment is made in ten years - 1381645
What is interest rate?
The interest rate is indeed the sum charged by a lender to a borrower and is expressed in terms of the principal—the sum loaned. The annual interest rate is the term used to describe the rate of interest on a loan (APR). An interest rate can also be used to the amount earned from a savings account or fixed deposit at a bank or credit union (CD). The income generated on these deposit accounts is referred to as the annual percentage yield (APY). Interest is essentially a fee levied against the borrower for using an asset. Borrowed assets might include cash, consumer goods, cars, and real estate. As a result, an interest rate can be considered the "cost of money" - higher rates make lending the same amount of cash more expensive.
2. Debt due date = December 31, 2030
Payment will begin on December 31, 2021, and will end on December 31, 2030.
Total number of payments = ten
Future annuity value = monthly payment*[(1+i/m)(m*n)-1]/ (i)
Where the periodic payment equals $100,000
I = 7% (interest rate)
annual compounding (m) = 1
number of payments = 10
enter all of the values into the formula
100000*[(1+0.07)10 - 1]/ Future value (0.07)
= 100000*(1.967 - 1)/(0.07) (0.07)
= 100000*0.967/0.07
= 96715.136/0.07
= 1381644.8
or 1381645
The fund balance on December 31, 2030, following the last instalment.
To learn more about interest rate
https://brainly.com/question/25720319
#SPJ4
Related Questions
which of the following accurately describes the relationship between social service programs and the business cycle? social service programs act completely independently of the business cycle. social service programs can help with recessions but do not slow inflation. social service programs can help with inflation but do not alleviate recessions. social service programs tend to intensify recessions and inflationary periods. social service programs help alleviate cyclical unemployment and inflation.
Answers
Answer:
E) Social service programs help alleviate cyclical unemployment and inflation.
Answer: social service programs help alleviate cyclical unemployment and inflation.
Explanation: During a business cycle, the economy goes through periods of expansion and contraction. These fluctuations can lead to changes in unemployment rates and inflation levels. Social service programs, or public assistance, such as unemployment benefits, universal healthcare, and welfare programs, are designed to provide support and assistance to those in need who may qualify for these services, especially in times of economic hardships.
During recessions, social service programs can help alleviate cyclical unemployment by providing financial assistance to those who have lost their jobs. This helps individuals meet their basic needs and reduces the negative impact of unemployment on the economy. Additionally, social service programs can help with inflation by providing support to low-income individuals, which can stimulate consumer spending and mitigate the effects of rising prices, especially on basic essentials like food and clothing.
under which conditions will an investor demand a larger return (yield) on a bond? multiple choice the bond issue is upgraded from a to aa. the bond issue is downgraded from a to bbb. interest rates decrease due to decline in inflation. none of the conditions will cause an increase in the bond's yield.
Answers
When a bond issue is downgraded from A to BBB, an investor will demand a higher return (yield).
What is demand?The quantity of a good that consumers are willing and able to purchase at various prices at any given time is referred to as demand. The demand curve is the relationship between price and quantity demand. Demand is simply a consumer's desire to purchase goods and services without hesitation and pay the price for them. Simply put, demand is the number of goods that customers are ready and willing to purchase at various prices during a given time period. For example, if a hungry consumer purchases a slice of pizza, the first slice will provide the most benefit or utility. Each additional slice increases consumer satisfaction while decreasing utility.To learn more about demand, refer to:
https://brainly.com/question/24384825
#SPJ4
zulu company received $1,800 on january 1, 2018 from a customer for annual magazine subscriptions. the magazines will be delivered on the 1st of each month, starting april 1. what is the journal entry to record the receipt of cash from the customer on january 1? .
Answers
The business has an obligation as a result of receiving $240 in advance from a customer for a service that has not yet been rendered magazine subscriptions. This will be recorded by the company as a credit to the liabilities account for Unearned Service Revenue and a debit to the cash account.
As of December 31, the company had been supplying magazines for three months and had generated income throughout that time. Revenue every month is equal to 240 / 12 = 20 for the three months.
20 * 3 = 60 for three months.
This will result in a credit to subscription revenue and a debit to unearned subscription income being recorded by the company. debiting $240 from Cash
Credit $240 in earned but postponed income
being entries for money paid in advance to subscribe to a magazine annually.
c. Unearned/deferred revenue debit $60\sCredit $60 in revenue from subscriptions
entries must acknowledge revenue generated by December 31
When clients give the business cash in advance, the company has a liability since it owes money because the cash was received in the past.
Since On October 1, a consumer paid $240 in advance for a yearly magazine subscription to Sponge Bob, Inc. One magazine is given out each month.
Earnings per month = 1/12 x $240 = $20
For Sponge Bob, Inc., entries are due on October 1 and are debit cash account. Unearned/deferred revenue credit: $240
entrants in drawings for money paid forward for a yearly magazine subscription.
publications delivered to the consumer for three months by December 31
earning money 3 × $20 =$60
Adjusting entries must be made before December 31.
$60 Credit Debit Unearned or delayed revenue $60 in revenue from subscriptions
entries must acknowledge revenue generated by December 31
Learn more about magazine subscription hear :
https://brainly.com/question/14813348
#SPJ4
john is the annuitant in a variable plan, and sue is the beneficiary. upon john's death during the accumulation period, sue takes a lump-sum payment. what is her total tax liability?
Answers
Considering the tax policy and the situation of John and Sue, the total tax liability for Sue is the "proceeds minus John's cost basis taxed as ordinary income at Sue's tax rate."
What is Tax liability?Tax Liability is a term that is used to describe the aggregate amount of tax debt owed by individuals, corporations, or other taxable entities.
Example of Tax Liability includes the following:
Income taxes, Sales tax, Capital gains tax, etc.In this case, given that Sue who is a beneficiary will be taxed at normal income rates during the year the lump sum is received.
Therefore, it is concluded that the amount that Sue will be taxed is the amount of the lump-sum payment minus the deceased's cost basis in the investment.
Learn more about Tax Liability here: https://brainly.com/question/25641320
#SPJ1
3. it takes the same amount of inventory to operate a single warehouse system as a four warehouse distribution network. true of false? explain your answer.
Answers
Operating a single warehouse system requires the same amount of inventory as a four-warehouse distribution network is false.
What is inventory?Raw materials used in production as well as finished products that are offered for sale are both included in the definition of inventory. Inventory is one of a company's most crucial assets because it is one of the main sources of income production and, as a result, a source of profits for the company's shareholders. There are three different categories i.e., finished commodities, work-in-progress, and raw materials constitute inventory. It appears as a current asset on the balance sheet of a business.
Inventory is a crucial asset for any business. It is described as the assortment of raw materials or completed products that a company maintains throughout the normal course of operations.
To know more about, inventory, visit :
https://brainly.com/question/13691036
#SPJ4
belle co. has beginning inventory of 12 sets of paints at a cost of $1.50 each. during the year, the store purchased 7 at $3.00, 8 at $3.25, and 12 at $3.50. by the end of the year 31 sets were sold. using the lifo method, the cost of ending inventory is:
Answers
Using the LIFO method, the cost of ending inventory of Belle company is $12.00.
Belle Co. also bought an additional 27 goods, totaling a total of 58. Specifically, 27 is equivalent to 7 + 8 + 12. The phrase "Last In First Out" refers to the idea that the items that were purchased last should be used up first.
31 units were sold by the business. There are only 8 sets of paint for $1.50 because 27 of them have already been newly acquired, and 4 came from the initial inventory.
The cost of the ending inventory is,
I = 8($1.5) = $12
The inventory system known as LIFO stands for Last In, First Out. This implies that the price of the most recent inventory purchase serves as the basis for determining the price of the goods sold.Learn more about Last In First Out, here
https://brainly.com/question/11774048
#SPJ4
a firm that is a price taker can: group of answer choices decide what price to charge for its product. sell some of its output at a price higher than the market price. sell all of its output at the market price. substantially change the market price of its product by changing its level of production.
Answers
the product's market price by altering its amount of manufacturing. any company that is unable to change the level of commodity pricing often by changing the quantity of the product produced
What does it mean to take the price?Any company that is unable to change the quantity of a product produced in order to affect the overall level of commodity prices is, by definition, a price-taker; this includes companies operating in completely competitive markets.
What takes place when a company is a price taker?As a price taker, a perfectly competitive firm is obligated to accept the equilibrium selling price for its products. It will be illegal for a perfectly competitive business to seek to charge even a small amount more than the going rate failing to generate any sales .
To know more about price taker visit:-
https://brainly.com/question/15228989
#SPJ4
a company mails consumers cards telling them they have won valuable prizes. when a consumer attempts to collect her prize, she discovers that she must pay $500 to collect the goods. in this case the ftc is likely to
Answers
In this case the FTC is likely to seek a consent decree to end the practice.
What does the FTC do and what does it stand for?The Federal Trade Commission (FTC) is a federal regulatory body in the United States tasked with keeping an eye on and stopping unfair, misleading, or anticompetitive business practices. It is a separate government organization whose main duties are the promotion of consumer protection and the enforcement of civil (non-criminal) antitrust law.
Federal consumer protection laws are thus enforced by the FTC to stop fraud, deceit, and unfair commercial practices. The Commission also upholds federal antitrust rules, which forbid anticompetitive mergers and other commercial activities that can result in higher costs, fewer options, or less innovation.
To learn more about FTC, visit:
https://brainly.com/question/24304308
#SPJ4
which of the following statements is (are) true? i. diversifying raises the risk of your portfolio. ii. by picking a lot of stocks, you minimize your overall exposure to things going wrong in any particular company. iii. modern financial markets have made diversification difficult.
Answers
The statements of diversifying raise the risk of your portfolio are true.
A diversified portfolio with investments that are positively correlated has a lower variance than a portfolio with just one kind of asset. By investing in vehicles that cover many financial instruments, industries, and other categories, diversification lowers risk. Here are three diversification tactics to consider when choosing your investments: invest across several asset classes.
Most of your portfolio should consist of stocks and bonds. The proportions of each asset, their standard deviations, and the correlation (or covariance) between the asset returns all affect the risk of a two-asset portfolio. The correlation between asset hazards becomes a more significant determinant of portfolio risk as the number of assets in a portfolio rises.
To learn more about diversifying raises the risk of a portfolio visit here:
brainly.com/question/18296111
#SPJ4
a potential cause of stagflation is multiple choice agricultural surpluses. declining productivity. improving labor productivity. a rise in the value of the dollar.
Answers
Declining productivity can be a potential cause for stagflation.
Write a brief account on stagflation.Stagflation is the phrase used to characterise an economy that has high unemployment, large inflation, and little or no economic growth. The phrase is a portmanteau made up of the words inflation and GDP stagnation.
In most significant economies, stagflation episodes occurred often in the 1970s and 1980s. The Keynesian macroeconomic theory, which was then the most widely accepted theory in economics, held that increases in inflation and unemployment could not occur simultaneously.
Stagflation directly affects affordability, making it more difficult for many people to meet basic requirements, especially those who are unemployed. Stagflation could result in risks of job losses and reduced pay for those who are employed, which would reduce consumer confidence and spending power.
To know more about, stagflation, visit :
https://brainly.com/question/11224683
#SPJ4
meeting planning is a growing profession because select one: a. the profession involves practically all corporations b. it is mainly used by associations c. the convention market is growing d. all of the above e. none of the above
Answers
Meeting planning is a growing profession because the convention market is growing.
Meeting planning is a profession in which the planners arrange meeting, events or conventions in a proper and systematic manner.
Nowadays, there is a noticeable growth in the convention or event markets. It requires professional planners for these well organized meetings. That is why meeting planning has been a growing profession.
The event organizers seek professionals for planning important meetings, events or conventions. The planners control the whole event from every aspect to make a successful event or meeting.
Learn more about meeting planning at https://brainly.com/question/25453419
#SPJ4
the amount of work actually done in a process costing center for the period includes all units started and completed during the period. in addition, other work is included in the quantification of the work done during the period. what other work is included?
Answers
Other work included in the process costing center are- The time spent on finishing the beginning work-in-process inventory and the time spent beginning the ending work-in-process inventory.
Process costing is a costing technique generally employed by businesses which mass produce identical or substantially comparable commodities or output units. It is typical in economic industries where the manufacturing costs of each unit of output are strikingly identical, and it is not feasible to cover all the expenses for each unit independently all through the manufacturing operation.
Instead of monitoring expenses for each single component, process costing enables enterprises to determine item price by tracking the movement of the costs associated with each step of the manufacturing process.
Learn more about process costing here:
https://brainly.com/question/20630637
#SPJ4
las vegas gold corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2019, 2020, and 2021, respectively. if 2019 is the base year, what percentage do 2021 sales represent of the base?
Answers
A method for evaluating a series of financial statement data over time is horizontal analysis, also known as trend analysis.
The ability of a company to meet its short-term debt obligations can be assessed using a liquidity ratio. The current ratio, quick ratio, and cash ratio are the three primary liquidity ratios.
The most common methods for analyzing financial statements are circular, horizontal, and vertical analyses. Using horizontal analysis, a financial statement item in the current year can be compared to other items in the same year.
What are shareholders most concerned about?
Long-term creditors and stockholders, on the other hand, are primarily concerned with the company's profitability and solvency.
Learn more about liquidity ratios here:
https://brainly.com/question/25894261
#SPJ4
t is covered by two health insurance plans: a group plan through his employer and his spouse's plan as a dependent. under the model group coordination of benefits provision, when t files a claim, his employers plan is considered the
Answers
Primary carrier in accordance with the Model Group Coordination of Benefits provision.
How are primary and secondary carriers different?
Secondary Component Carriers (SCC) are auxiliary carriers that can be activated or deactivated at any time to boost data rates, whereas the Primary Component Carrier (PCC) is the primary carrier and is only updated during the handover and cell selection.
What exactly is a second carrier?
A plan that, in accordance with the aforementioned "Order of Benefit Determination" provisions, has secondary responsibility for the provision of benefits and may reduce its benefit payments after the primary carrier's benefits are first determined.
Learn more about Primary carrier here:
https://brainly.com/question/27584913
#SPJ4
Organizations must have a strategy for managing all the resources that are involved in meeting customer demand for their product or service. This strategy is developed in the ________ activity of scm.
Answers
Greater performance is determined by how effectively all processes and personnel transfer goods and services along the supply chain to the market.
Supply chain management (SCM) – what is it?
The process of getting a product from a raw material to a consumer is called supply chain management. Supply management, product and demand planning, sales and operations planning, and supply planning are all included.
The importance of supply chain management
Strategic supply chain management initiatives can have a positive ripple effect across the entire organization. Customer satisfaction and return on investment (ROI) are the two key areas where supply chain operations and procedures can influence business outcomes.
Higher performance results from satisfied clients.
To learn more about Supply chain management from the given link.
https://brainly.com/question/15217906
#SPJ4
to increase sales, a sportswear chain is designing a promotional campaign for social media. it plans to post links to coupons on its website and have its sales personnel scan the coupon redemption codes at store registers. which are the best social media information system (smis) metrics to track the success of this promotion?
Answers
All plans in Sprout include presentation-ready social media reports that can be filtered by platform and date.
This implies that you have simple access to customizable graphs and comparisons to earlier time periods, as well as easy access to team leaders and executives.
What key measure should social media companies focus on?
Engagement, impressions and reach, voice and share of voice, referrals and conversions, reaction rate and time are the most prevalent and frequently significant indicators to consider. You will have a 360-degree view of your social media performance when these are combined.
It's important to track the broad category of engagement.
The engagement rate is a measure that is frequently used to monitor how actively engaged your audience is with your content and how successful your brand efforts are. Customers who are actively engaged engage with brands through behaviors like "likes," "comments," and social sharing.
To learn more about social media from the given link.
https://brainly.com/question/23976852
#SPJ4
A share of stock with a beta of 0. 75 currently sells for $50. Investors expect the stock to pay a year-end dividend of $2. The 1 year t-bill currently sells for $961. 54, and the historic return on the market is 11%, the historic risk free rate is 4%. If the stock is perceived to be fairly priced today, what must be investors’ expectation of the price of the stock at the end of the year?.
Answers
Expected price next year = $62.58
Beta is 0.75, PO is $50, D1 is $2, RF is 11%, and RM is 4%.
Where,
Expected Dividend = D
Po = Price as of today.
Risk-free Rate is Rf.
Market risk premium is Rm.
g = rate of growth
Equity cost is Rf plus beta minus Rm.
Equity cost is 11% plus 0.75 and 4%.
Equity cost = 3.33%
Making use of the Dividend Discount Model to Estimate Growth Rate
(D1/P0) + g = ke
(2/50) + g = 3.33%
0.04 + g= 3.33%
g = 3%
Expected price for the following year = $2*1.033/ (0.03-0.033)
Expected price next year = $62.58
What is Expected price?
As its name suggests, predicted price level is a forecast that takes into account accurate evaluation of pertinent economic data to foretell what will happen with those goods and services in the future. Making changes to this level when new information becomes available is essential because unknowable factors may become real over time.
To know more about Expected price, refer:
https://brainly.com/question/21615813
#SPJ4
management-by-exception contributes to effective transactional leadership by doing what? (chapter 9) group of answer choices balancing goals and ambitions reinforcing a sense of fairness among employees adjusting the difference between individual and organizational goals all of the above rewarding good behaviors in public ways
Answers
A leadership style called transactional leadership, which is often referred to as managerial leadership, uses rewards and penalties to ensure that employees perform to their full potential.
Management by exception is what kind of leadership?
A leadership strategy known as "management by exception" encourages staff to submit only the most pressing concerns to management, allowing managers to focus their time and energy on the most crucial duties.
How well does transactional leadership work?
Transactional leaders are really clear. Employees are fully aware of what their boss expects of them. They feel successful in achieving their clearly stated goals and objectives as a result. When collective performance matters, this results in effective leadership.
To learn more about leadership from the given link.
https://brainly.com/question/1232764
#SPJ4
assume a marginal propensity to consume of 0.75. which of the following fiscal policies could correct the economic situation above? decreasing taxes by $60 billion increasing taxes by $80 billion increasing spending by $60 billion decreasing spending by $80 billion increasing spending by $240 billion
Answers
Based on the economic situation presented, the fiscal policy that would correct the situation is increasing spending by $60 billion.
What fiscal policy should the government use?Aggregate demand is $400 billion when the long term average should be $640 billion so this is a recession.
The difference in the aggregate demand is:
= 640 - 400
= $240 billion
This means that the government needs to spend an amount that will lead to an increase in aggregate demand of $240 billion.
This amount can be found by the multiplier:
= 1 / (1 - marginal propensity to consume)
= 1 / ( 1 - 0.75)
= 4
The amount is:
= Recession gap / Multiplier
= 240 / 4
= $60 billion
Government should increase spending by $60 billion.
Find out more on the marginal propensity to consume at https://brainly.com/question/17930875
#SPJ1
suppose you win the lottery with a jackpot of $30 million. but that's $30 million if you wait 25 years to get your payout. what is the value you could get today if the interest rate is 7%? group of answer choices $1,200,000 $5,527,475.33 $162,822,979.20 $6,236,094.54
Answers
The value that can be received today is $5,527,475.33 if the interest rate is 7%.
The value that can be received today if the interest rate is 7% can be calculated by using the formula for compound interest. This formula can be given as;
A = P (1 + r/n)^nt
Here, A represents the final amount, P represents the initial balance (which we have to find in this case), r represents the interest rate, n illustrates the number of times interest applied per time period and t represents the number of time periods elapsed.
Now by substituting the given values, we can find the value that can be received today as follows;
A = P (1 + r/n)^nt
30,000,000 = P (1 + 0.07/1)^25×1
30,000,000 = P (1 + 0.07)^25
30,000,000 = P (1.07)^25
P = 30,000,000 ÷ (1.07)^25
P = 5,527,475.33
Therefore, the value that can be received today is calculated to be $5,527,475.33
To learn more about interest rate; click here:
https://brainly.com/question/25793394
#SPJ4
jeld-wen is a manufacturer of doors and windows that are sold through home improvement stores such as menards, home depot, and professional building contractors. jeld-wen uses a customer relationship management system to track customer interactions. for example, jeld-wen recently completed a study of its professional contractors and identified three distinct segments of contractors based on their purchase habits. the company will share this information with different divisions within jeld-wen. which step of the customer relationship management system best characterizes jeld-wen's actions of sharing the information with different divisions within the firm?
Answers
As given that the company will share this information with different divisions within Jeld-Wen, the step of the customer relationship management system that best characterizes the firm's actions of sharing the information with different divisions within the firm is known as Leverage customer information.
What is a customer relationship management system?Basically, a customer relationship management means the process in which a business administers its interactions with customers, most especially by using a data analysis to study large amounts of information.
The system of a customer relationship management usually compiles data from a range of different communication channels including company's website, telephone, email, live ch-at, marketing materials, social media etc to allow the businesses to learn more about their target audiences. This system helps a typical firm to retain customers and drives their sales growth.
Therefore, the Option C is correct.
Missing options "a. Identify customer relationships. b. Store and integrate customer data using information technology. c. Lev-erage customer information. d. Capture customer data based on interactions.
Read more about CRM
brainly.com/question/25656282
#SPJ1
has an insurance policy that cannot be cancelled unless he fails to pay his premium when due. which provision in his insurance policy would specify this?
Answers
A non-forfeiture option is a clause in some life insurance policies that says the policyholder will not lose the policy's value if they don't pay their premiums within a certain time frame.
In an insurance policy, what exactly is a non-forfeiture option?An insurance policy's nonforfeiture clause says that an insured person can get full or partial benefits or a partial refund of premiums if they don't pay their bills. Nonforfeiture clauses may be included in policies for long-term care insurance, long-term disability insurance, and permanent life insurance.
Which three kinds of nonforfeiture options are there?Policyowners can use or pay out the cash values in these ways. There are three options for nonforfeiture:
the payment of cashinsurance with lower premiumslong-term insurance. When the policy is surrendered, the policyowner has the option of requesting a cash payment equal to the cash values.Learn more about Nonforfeiture clauses here:
https://brainly.com/question/29106693
#SPJ4
The push model is also called ________ which means the production process begins with a ________ that is simply an educated guess as to anticipated customer demand.
Answers
The push model is also called make-to-stock which means the production process begins with a forecast that is simply an educated guess as to anticipated customer demand.
What is customer demand?
The willingness and capacity of consumers to buy a number of products and services in a specific amount of time or at a given point in time, is defined as consumer demand. Simply wanting to buy something does not comprise effective demand; willingness must be accompanied by the ability to pay. In short, purchasing power is required to convert desire into effective demand. Specific customer income (or disposable savings) in related to the prevailing price level determines purchasing power. The fundamental principle in free market theory is consumer sovereign power, with consumer spending acting as the dominant market force. There wouldn't be any sales, no revenue, and no profit if there was no demand.
To learn more about customer demand
https://brainly.com/question/1245771
#SPJ4
a recessionary gdp gap is the: group of answer choices horizontal distance between full-employment gdp and equilibrium gdp amount of the recessionary or inflationary gap difference between leakages and injections all of the above
Answers
A recessionary GDP gap is a horizontal distance between full employment, GDP, and equilibrium GDP.
What is the recessionary gap?A recessionary gap is described as a difference between the potential GDP and the real GDP at the level of full employment. In other words, it can be highlighted as a gap between the full employment output and the actual production level, when the actual output level is below the natural output level.
During a recessionary gap, the unemployment rate increases. During a stage or phase of economic downturn, there is a low demand for services and goods, which leads to increased rates of unemployment. Furthermore, the situation worsens when the wages and prices remain the same. During a recessionary gap, the short-run equilibrium value is high. The business cycle contraction takes place during a recessionary gap.
It can be concluded that a recessionary GDP gap is a horizontal distance between full employment, GDP, and equilibrium GDP.
To know more about the recessionary gap, check this link:
https://brainly.com/question/14042099
#SPJ4
a machine is purchased on september 30, 2024, for $60,000. useful life is estimated at four years and no residual value is anticipated. the straight-line depreciation method is used. the company's fiscal year ends on december 31. depreciation expense for 2024 should be:
Answers
The company's fiscal year ends on december 31. depreciation expense for 2024 should be 3,750
60,000/4 = 15,000
15,000*(3/12) = 3,750
Depreciation expense is that part of a hard and fast asset that has been considered fed on within the present day duration. This amount is then charged to fee. The motive of this rate is to gradually reduce the carrying quantity of fixed property as their value is consumed through the years.
The economic price of an asset decreases over the years due to use, wear and tear or obsolescence. This decrease is measured as depreciation. Depreciation, i.e. a lower in an asset's fee, may be resulting from some of other factors as nicely together with detrimental market conditions, etc.
Periodic Depreciation rate = (fair fee – Residual fee) / useful lifestyles of Asset. for instance, company A purchases a building for $50,000,000, for use over 25 years, with out a residual value. the yearly depreciation rate is $2,000,000, that's determined with the aid of dividing $50,000,000 via 25.
Learn more about depreciation expense here : https://brainly.com/question/25785586
#SPJ4
tops n bottoms corporation reported sales for 2022 of $50 million. tops n bottoms listed $4 million of inventory on its balance sheet. using a 365-day year, how many days did tops n bottoms' inventory stay on the premises? how many times per year did tops n bottoms' inventory turnover? multiple choice 29.2 days, 12.5 times, respectively 12.5 days, 29.2 times, respectively 0.08 days, 12.5 times, respectively 29.2 days, 0.0345 times, respectively
Answers
Inventory turnover reveals how quickly a company's inventory changes hands. Inventory that moves quickly has a high inventory turnover. A company might decrease its need for working capital by boosting inventory turnover.
Inventory Turnover= (Value of Inventory/Sales)*365
=($4million/ $50 million)*365
=29.20 days
Inventory Turnover= Sales/ Inventory
= $50 million/$4million
= 12.50
Inventory turnover measures how quickly stock is sold, used and replaced. The cost of products is divided by the average inventory for the same time period to determine the inventory turnover ratio. Higher ratios typically indicate robust sales, while lower ones indicate dismal sales.
To learn more about the inventory turnover, visit here
https://brainly.com/question/14921067
#SPJ4
the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, are referred to as
Answers
The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, are referred to as consumer behavior.
Why is customer behavior essential and what does it entail?
Consumer behavior analysis examines how consumers choose what and when to buy, as well as when and how to make those purchases. The behavior of consumers and what motivates them to use and purchase particular products are the subjects of this study.
The study of customer purchasing behavior is crucial for marketers because it allows them to comprehend consumer expectations. Understanding what prompts a customer to purchase a product is useful. Consumers go through this procedure to assess whether to make a purchase. The five steps are problem identification, information search, alternative assessment, buy choice, and post-purchase assessment.
To learn more about consumer behavior, refer to:
https://brainly.com/question/14238700
#SPJ4
g which of the following is not true for a conventional fixed rate mortgage? group of answer choices a. it is fully amortizing. b. by half way through the term of the loan, the principal portion of the monthly payment is greater than the interest portion. c. interest payments early on are much greater than the principal payments. d. monthly payments are fixed.
Answers
An interest rate on a "fixed-rate" mortgage is one that won't alter during the course of your mortgage. A mortgage is referred to as "conventional" (conforming) if it complies with established standards for the loan's size and your financial status.
Explain about the conventional fixed rate mortgage?
If you don't have much debt and have a good credit score, a conventional loan is a wonderful choice. By paying 20% of the loan amount up advance, you can eliminate PMI and minimize your monthly mortgage payments. Conventional loans are available with a down payment as low as 3% if you are unable to make a sizable upfront payment.
In an uncertain world, having a conventional loan with a fixed rate gives you peace of mind. Regardless of what the market does in the future or what the present interest rates increase to, you will always know exactly how much your interest rate and subsequent payment will be.
To learn more about conventional fixed rate mortgage refer to:
https://brainly.com/question/1445789
#SPJ4
the student council is hosting a drawing to raise money for scholarships. they are selling tickets for $9 each and will sell 900 tickets. there is one $3,000 grand prize, two $400 second prizes, and ten $30 third prizes. you just bought a ticket. find the expected value for your profit. round to the nearest cent.
Answers
The anticipated amount of your profit. When the student council is holding a drawing to collect money for scholarships, round to the nearest penny $6.40.
Profit is defined as the difference between an economic entity's revenue from its outputs and the opportunity costs of its inputs. Total income less total expenses, which includes both direct and indirect expenses, is what it amounts to.
Because it only refers to costs that are expressly listed on a company's financial accounts, it differs from accounting profit. Accounting profit is determined by deducting all explicit expenditures from the company's total revenue. An economist considers all opportunity costs, both explicit and implicit, while analyzing a firm. Therefore, economic profit is lower than accounting profit drawing.
Learn more about profit here :
https://brainly.com/question/28813621
#SPJ4
karen was at the checkout at the grocery store and remembered that she was out of chewing gum that she normally likes to keep in her purse. without much thought, she grabbed two packages of the gum she likes. what type of consumer decision does this illustration?
Answers
An assortment of consumers that have similar demands and desires make up a market segment checkout. As a result, businesses should concentrate on the sector where they have the most grocery possibility of succeeding.
They include buying things frequently, buying a well-known brand or product, buying things with minimal effort, and buying with little engagement. According to marketing jargon, perceived value refers to how well a product or service meets a customer's wants and expectations, particularly when compared to its competitors. grocery After making a purchase, consumers anticipate a product to perform a certain way. A corporation chooses to concentrate all of its marketing efforts on a single market segment while using the concentration strategy. The development of a single marketing mix, which combines product offerings, promotional checkout messaging, and distribution and price that is specific to that market niche. The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types. Low participation items are frequently affordable and carry little risk to the buyer if they choose incorrectly grocery. If high-involvement items fail, are checkout complicated, or are expensive, the consumer runs a considerable risk. Products with limited engagement fall somewhere in the middle.
Learn more about grocery hear :
https://brainly.com/question/15720617
#SPJ4
