The present value of the annuity to you today, given the amount per year and the number of periods is $104,806.95.
How to find the present value ?To calculate the present value of the annuity, we can multiply the annual payment by the present value interest factor of an annuity (PVIFA) at the given discount rate and time period.
The PVIFA, 19, 14% is 6.5503688288422.
The present worth of the annuity is:
PV = Payment x PVIFA
PV = $16,000 x PVIFA(19, 14%)
PV = $16,000 x 6.5503688288422
PV = $104,805.90
Therefore, the present value of the annuity, given a discount rate of 14%, is approximately $104,806.95.
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Fred's coworkers are very experienced and skilled self-starters, but their group dynamic is very complex. What type of leadership would be most suitable for the situation
Democratic leadership is most suitable where group dynamic is very
complex.
What is Group dynamics?This is defined as the behaviors and attitudes which are present in a
group. In this type of group, the leader has to be able to effectively
organize its members as a result of varying ideas and difficulty in reaching
agreement on topics.
Democratic leadership will ensure that everyone has inputs and then the
ones with the most vote can be agreed upon.
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what is the independent and dependent variable?
please help
Answer:
The result should be the dependent variable. Its the result or what you can control.
Explanation:
What is the opposite of fade-in, when the image goes black?
Answer:Umm fade out is the opposite if fade in, but it might not be correct.
Explanation:
;)
true or false: the liabilities for not complying with the securities and exchange act of 1934can result in fines, criminal proceedings, and civil lawsuits.
It is true that violations of the Securities and Exchange Act of 1934 may result in penalties, legal action, and civil litigation.
What does the SEC do, and how does that affect the economy?The Securities and Exchange Commission (SEC) was founded by the Securities and Exchange Act of 1934 to oversee the securities industry and safeguard investors.A federal statute establishes a regulated market for the trading of securities and mandates that publicly traded corporations report specific financial information to the public.Companies that violate the Act's rules could be subject to civil or criminal fines. Fines and the forfeiture of earnings are two examples of civil sanctions.For each offence, the law allows for a maximum 20-year sentence in jail. Additionally, persons who have broken the Act may be sued in civil court by people, businesses, and other organisations.To learn more about The Securities and Exchange Act refer to:
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If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget?
If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget is: Cost Of Attendance .
What is financial aid?Financial aid can be defined as the financial assistant or grant render to student which can help to cover their tuition and other expenses.
On the other hand Cost Of Attendance can be defined as the overall expenses amount that you will have to incur.
This expenses include the following:
Loan feesTuition feeRoom and boardBooksTransportation etcTherefore If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget is: Cost Of Attendance .
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Answer:
If a school is offering a lot in financial aid, what else you need to consider when trying to determine if a school will fit your budget is the Cost Of Attendance.
If a school is offering a lot in financial aid, you need to consider the cost of attendance (COA) when determining if a school will fit your budget. Financial aid letters from institutes of higher education only include aid for one year. You must reapply for financial aid every year.
Read the following scenario, and then answer the question below.
A new pet supply company plans to primarily sell products in stores. They need a system that will track their large
inventory and keep customer sales records.
Which evaluation factor will be most important when choosing technology for the company?
1)speed
2)size
3)storage
4)connectivity
The correct answer is 3) storage
Explanation:
In technology, storage refers to the amount of information a system, program, or similar can record and save. This factor is especially important when businesses or companies need to keep a lot of information from sales, inventory, and similar. This occurs in the case of the pet supply company because it is explained they need a technological system to "track their large inventory and keep customer sales records", therefore their priority will be to record and save their information or the storage in the system.
Answer:
c
Explanation:
c
Questions on Games and Strategic Behavior a. The following payoff matrix shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing in new capital or not investing in new capital.
Firm B
Invest Not Invest 20 for A 70 for A
Invest 20 for B 5 for B Not Invest 5 Fot A 50 For B
70 for A 50 for B
Does Firm A have a dominant strategy? What about Firm B? Is this a prisoner's dilemma? Explain. (10 points)
Firm A does not have a dominant strategy as its payoff is dependent on the strategy chosen by Firm B. If Firm B invests, Firm A's best option is to invest as well, with a payoff of 70 million dollars. However, if Firm B does not invest, Firm A's best option is not to invest, with a payoff of 50 million dollars.
Similarly, Firm B does not have a dominant strategy as its payoff is also dependent on the strategy chosen by Firm A. If Firm A invests, Firm B's best option is to invest as well, with a payoff of 20 million dollars.
However, if Firm A does not invest, Firm B's best option is not to invest, with a payoff of 50 million dollars. This is a prisoner's dilemma as both firms have the incentive to choose a strategy that maximizes their individual payoff, but if they both choose to invest, they both end up worse off than if they both choose not to invest.
Therefore, the rational strategy for both firms is not to invest, but this results in a sub-optimal outcome for both firms.
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3. Earning of profit is regarded as the main objective of business? Explain by giving any 3reasons
anyone selling a car or knows if someone is selling one if so i am happy to buy it
Answer:
my friend is what state you live in tho?
Explanation:
If the customer owes $12.55 and hands you a $20.00 bill, how much is her change?
A) $8.25
B) $8.45
C) $7.55
D) $7.45
Membership is exclusively for high school students.
True
False
Answer:
False I think you get memberships for college students only.
which of the following is also known as profit and loss statement?
net worth ledger
liability statement
income statements
transaction ledger
Another name for the profit and loss statement is the income statement.
The income statement is a financial statement that is used to record a firm's income and expenses in a given year. It contains information on the total profit or loss of a firm.
A balance sheet is a financial statement that contains information on a reports company's assets, liabilities and shareholders' equity at a point in time.
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One of the major trends in the lodging sector is that organizations are becoming more international.
O False
O True
Mark this and return
Save and Exit
Nex
Subm
Why do you only pay tax on a certain amount of income
Answer:
because it means that the more you earn, the more you pay. If your income equals or exceeds these amounts, you will need to file taxes. and that's why you have to pay certain amounts of taxes.
Explanation:
(sorry if you get it wrong)
EX 6-13 Determining the amounts to be paid on invoices? Determining the amount paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Merchandise Freight paid by seller Customer returns and allowances A.$27,000 ------- FOB destination, n/30 $4,500 B. 18,600 $475 FOB shipping point, 2/10, n/30 3,000 C. 8,400 ------ FOB shipping point, 1/10, n/30 700 D. 48,300 $900 FOB shipping point, 2/10, n/30 6,500 E. 33,00 ------ FOB destination, 1/10, n/30 -----
Based on the merchandising operation, we know that the total amount to be paid for each invoices are:
A: $22,500B: $15,763C: $8,098D $41,864E: $32,670On the merchandising operation, if the buyer choose the FOB destination, hence the product ownership will remain with the seller until the product reach the buyer location. Hence, the freight cost will be burdened by the seller.
However, if the merchandising occurs in FOB shipping point, then the product ownership will be owned by the seller right after the product being picked up by the delivery until it reach its destination. The buyer will be responsible for the freight cost in FOB shipping point.
The settlement calculation for each invoice are stated below.
Remember that the discounted amount should be calculated using the difference between merchandise and returns & allowances amounts.
Invoice AMerchandise = $27,000
Add: Freight = $0
Less: Return & Allowances = $4,500
Less: Discount = $0
Amount to be paid = $22,500
Invoice BMerchandise = $18,600
Add: Freight = $475
Less: Returns & Allowances = $3,000
Less: Discount = ($18,600 - $3,000) x 2% = $312
Amount to be paid = $15,763
Invoice CMerchandise = $8,400
Add: Freight = $475
Less: Returns & Allowances = $700
Less: Discount = ($8,400 - $700) x 1% = 77
Amount to be paid = $8,098
Invoice DMerchandise = $48,300
Add: Freight = $900
Less: Returns & Allowances = $6,500
Less: Disc = ($48,300 - $6,500) x 2% = $836
Amount to be paid = $41,864
Invoice EMerchandise = $33,000
Add: Freight = $0
Less: Returns & Allowances = $0
Less: Discount = ($33,000 - $0) x 1% = $330
Amount to be paid = $32,670
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Required information Skip to question Below is the year-end adjusted trial balance for Lucie Accounting. Lucie Accounting Trial Balance For Year Ended December 31, 2023 Account Debit Credit Cash $8,000 Accounts receivable 2,200 Office supplies 700 Prepaid insurance 1,100 Long-term note receivable 3,00 Land 50,000 Equipment 15,000 Accumulated depreciation, Equipment $1,200 Building 150,000 Accumulated depreciation, Building 1,500 Customer list 900 Notes payable* 11,000 Unearned accounting fees earned 3,000 Salaries payable 7,000 Lucie Majeau, capital** 10,000 Lucie Majeau, withdrawals 5,000 Accounting fees earned 211,400 Depreciation expense, Building 500 Depreciation expense, Equipment 600 Insurance expense 100 Rent expense 1,100 Office supplies expense 900 Repairs expense 5,000 Telephone expense 1,000 Totals $245,100 $245,100 *The current portion of the note payable due this year is $3,000 **$5,000 was invested during the year Using the information from Lucie Accounting, calculate the current ratio quick ratio and the debt-to-equity ratio (round to 2 decimal places). Comment whether you think each ratio is favourable or unfavourable.
The debt to equity ratio of Lucie Accounting is unfavorable.
Current Ratio - Current ratio refers to the ratio between the current assets and current liabilities of a company. It is an indication of the financial stability and liquidity of the company.
It is calculated as follows:
Current Ratio = Current Assets / Current Liabilities
Using the trial balance given,
Current assets = Cash + Accounts receivable + Office supplies + Prepaid insurance
= $8,000 + $2,200 + $700 + $1,100
= $12,000
Current liabilities = Notes payable + Unearned accounting fees earned + Salaries payable
= $11,000 + $3,000 + $7,000
= $21,000
Current Ratio = $12,000 / $21,000
= 0.57
Thus, the current ratio of Lucie Accounting is unfavorable.
Quick Ratio - The quick ratio is a measure of a company's short-term liquidity. It measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as follows:
Quick Ratio = (Current Assets - Inventory) / Current Liabilities
Using the trial balance given,
Inventory = NIL (not given)
Quick assets = Current assets - Inventory
= $12,000 - NIL
= $12,000
Quick Ratio = $12,000 / $21,000
= 0.57
Thus, the quick ratio of Lucie Accounting is unfavorable.
Debt to Equity Ratio - Debt to equity ratio is the ratio of the total debt of a company to its shareholders' equity. It measures the extent to which the company is using borrowed funds to finance its operations. It is calculated as follows:
Debt to Equity Ratio = Total Liabilities / Shareholders' Equity
Using the trial balance given,
Total liabilities = Notes payable + Unearned accounting fees earned + Salaries payable
= $11,000 + $3,000 + $7,000
= $21,000
Shareholders' equity = Lucie Majeau, capital - Lucie Majeau,
withdrawals= $10,000 - $5,000
= $5,000
Debt to Equity Ratio = $21,000 / $5,000
= 4.2
Thus, the debt to equity ratio of Lucie Accounting is unfavorable.
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Three types of lobbying?
gerritt wants to buy a car that costs $27,250. the interest rate on his loan is 5.37 percent compounded monthly and the loan is for 6 years. what are his monthly payments?
Using the PMT function in excel, we get the monthly payment of the loan to be $443.55.
P = PV ×{ r/(1 − (1+r)−n )}
P is the value of each payment
PV is the Present Value of the Annuity
r is the interest rate per period as a decimal, so 10% is 0.10
n is the number of periods
For Gerritt: Pv =$27,250
N periods will be 12 periods for five years which is 60 period
R is 5.37% per year which is 5.37% /12 per month
r=\(\frac{5.37}{12}\)= \(\frac{0.4475}{100}\)
P = 27,250 x {0.4475/ (1-{1+0.4475}-60)
p= 27,250 x {0.4475/ (1-0.76805126)}
P= 27,250 x 0.4475/ 0.23194874
p=27,250 x 0.0190
P = $443.55.
An interesting price is the quantity of interest due in keeping with duration, as a percentage of the quantity lent, deposited, or borrowed (known as the foremost sum). the full hobby on an amount lent or borrowed relies upon the main sum, the interest charge, the compounding frequency, and the duration of time over which its miles lent deposited, or borrowed.
The annual interest fee is the price over a duration of three hundred and sixty-five days. different hobby prices observe over different durations, along with a month or a day, however, they're normally annualized. A corporation borrows capital from a financial institution to shop for assets for its business. In return, the financial institution charges the employer hobby. (The lender may additionally require rights over the brand-new assets as collateral.)
A bank will use the capital deposited by means of people to make loans to their clients. In return, the bank must pay individuals who've deposited their capital hobby. the quantity of interest payment depends on the hobby rate and the amount of capital they deposited.
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if a firm with market power maximizes profit by producing at the unit elastic point on the demand curve, then a. it has no direct competitors. b. its marginal cost must be zero at the profit-maximizing level of output. c. demand must be perfectly elastic. d. it cannot be in long-run equilibrium.
(B) A company's marginal cost must be zero at the profit maximizing level of output if a firm producing at the unit elastic point. It is because at the point with unit elasticity, changes to prices do not affect total revenue.
The demand curve can be described as a graphical representation of the relationship between the quantity demanded for a given period of time and the price of a good or service. In a typical representation, the quantity demanded on the horizontal axis while the price will appear on the left vertical axis. Based on the statement above, a marginal cost must be zero because changes in quantity exactly offsets changes in price.
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Visual research has managed to embrace the rise of social media, allowing many companies to transform themselves into appealing brands and consequently created a new type of customer transparency and honesty.A. True
B. false
Visual research has managed to embrace the rise of social media, and consequently created a new type of customer transparency and honesty----True
Visual Research:Visual research is a qualitative research method that relies on artistic media to generate and express knowledge. These artistic media include film, photography, drawing, painting and sculpture. Artistic media provide a rich source of information with the ability to capture reality.
A visual research method (VRM) is a collection of methods that incorporate visual elements such as maps, drawings, photographs, videos, and three-dimensional objects into the research process.
Why is visual research important?Visual research is a qualitative research method that relies on artistic media to generate and express knowledge. These artistic media include film, photography, drawing, painting and sculpture. Artistic media provide a rich source of information with the ability to capture reality.
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The time value of money means that money can be invested today to earn interest and grow to a larger amount in the future.
a. true
b. false
The given statement of time value of money is true.
Time value of money
The notion of time value of money (TVM) states that an amount of money is worth more now than it will be at a later period due to its earning potential in the interim. The time value of money is a fundamental financial notion. A sum of money in one's hand is worth more than the identical sum paid in the future. The present discounted value is another term for the time value of money.
The time value of money is a financial principle that argues that the current value of a dollar is greater than the future value of a dollar.
This theory holds true since money invested today can potentially develop into a larger sum in the future.
Hence, the given sentence is true.
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Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
If you have 900 dollars and you save it for ten years woth eight percent interest, what will be it’s future value?
A country has a trade deficit of $20 billion with its trading partners (
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country increases its imports by $30 billion.
C. The country decreases its exports by $10 billion.
D. The country decreases its imports by $10 billion.
D) The nation reduces its exports by $30 billion, the change would result in a trade deficit the following year for the country that had a trade surplus of $20 billion in one year.
When imports rise faster than exports, a trade deficit occurs. If the country increases its exports by $30 billion, decreases its imports by $10 billion, or increases its imports by $10 billion, it cannot have a trade deficit.
As a result, the country will only experience a trade deficit if its exports decrease by $30 billion while the rest of its exports remain unchanged.
With an example, what is a trade deficit?A country has a trade deficit when its imports exceed its exports over a given time period. A negative balance of trade (BOT) is another name for this situation. There are several ways to determine the balance, including: goods (also called " merchandise”), goods and services, and services and goods.
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Full Question = A country has a trade surplus of $20 billion with its trading partners over a
year. Which change would cause the country to have a trade deficit the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country decreases its imports by $10 billion.
O C. The country increases its imports by $10 billion.
O D. The country decreases its exports by $30 billion.
What is the SNAP food program governed by the farm bill
stamps
magnet
O paperwork
card
Answer:
The Supplemental Nutrition Assistance Program (SNAP) helps families, older adults, and individuals pay for groceries. ... SNAP benefits provide food security, stimulate local economies, and support farmers and the agriculture industry through the purchases of Pennsylvania-grown and processed foods.
Explanation:
olive garden restaurants actively work to recruit diverse applicants, accommodate diverse employees through flexible schedules and other means, and include diverse employees in decisions at every level of the organization. which organizational strategy for dealing with diversity is shown in these actions by olive garden?
Organizational practices are the strategy taken for dealing with diversity and creating an environment for diverse employees to work in Olive Garden.
Organizational practices are one of the five P's of organization i.e., Purpose, Philosophy, Priorities, Practices, and Projections. It is the behavior of the organization which determines the structure and culture of the organization followed. Such practices are particularly taken by the organization to upgrade or follow such new principles added recently in the organization in order to meet organizational goals.
Olive Garden is recruiting diverse new employees, giving flexibility to the schedules, including diverse employees in the decision-making process, and accommodating them come under organizational practices strategy.
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Spending that is required by law is known as
O discretionary spending
O deficit spending,
O mandatory spending.
O expansionary spending.
When a certain type of spending is required by law then it is known as Mandatory spending.
What is mandatory spending?This is a part of the U.S. government federal budget. The things to be spent on are required by law to be spent on so if these things are ignored, it would be illegal.
Examples of mandatory spending in the U.S. include social security and Medicare.
In conclusion, option C is correct.
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Answer:
C) mandatory spending
Explanation:
hope it helps!!!!
Metro General is a municipally-owned and operated hospital and a component unit of Metro City. In 2007, the hospital received $7,000 in unrestricted gifts and $4,000 in unrestricted bequests. The hospital has $800,000 in long-term debt and $1,200,000 in fixed assets.
The hospital has transferred certain resources to a hospital guild. Substantially, all of the guild's resources are held for the benefit of the hospital. The hospital controls the guild through contracts that provide it with the authority to direct the guild's activities, management, and policies.
The hospital has also assigned certain functions to a hospital auxiliary, which operates primarily for the benefit of the hospital. The hospital does not have control over the auxiliary.
The financial statements of the guild and the auxiliary are not consolidated with the hospital's financial statements. The guild and the auxiliary have total assets of $20,000 and $30,000, respectively.
Before the hospital's financial statements were combined with those of the city, the city's statements included data on one Special Revenue Fund and one Enterprise Fund.
The city's statements showed $100,000 in Enterprise Fund Long-Term Debt, $500,000 in Enterprise Fund Fixed Assets, $1,000,000 in General Long-Term Debt, and $6,000,000 in General Fixed Assets.
What account or accounts should be credited for the $7,000 in unrestricted gifts and the $4,000 in unrestricted bequests?
A. Operating Revenue $11,000
B. Nonoperating Revenue $11,000
C. Operating Revenue $ 7,000
Nonoperating Revenue $4,000
D. Nonoperating Revenue $ 7,000
Operating Revenue $4,000
The account or accounts that should be credited is B. Nonoperating Revenue $11,000
Based on the information given the account or accounts that should be credited is Nonoperating Revenue with the amount of $11,000.
Calculated as:
Nonoperating Revenue=Unrestricted gifts +Unrestricted bequests
Nonoperating Revenue=$7,000+$4,000
Nonoperating Revenue=$11,000
Hence:
Nonoperating Revenue are amount or income generated that are not part of company or organization Operating activities
Inconclusion The account or accounts that should be credited is B. Nonoperating Revenue $11,000.
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the cost structure for oil pipelines: group of answer choices high fixed, low variable high variable, low fixed equal proportions of variable and fixed costs all fixed costs all variable costs
The cost structure for oil pipelines is typically characterized by high fixed costs and low variable costs. This means that the majority of expenses associated with constructing and maintaining pipelines are incurred upfront, with ongoing expenses such as energy usage and labor costs making up a smaller portion of the overall cost structure.
Pipelines require significant investment in infrastructure and equipment, such as pumps and storage tanks, which contribute to the high fixed costs.
In addition, there are significant regulatory and environmental compliance costs associated with pipeline construction and operation.
However, once a pipeline is built and operational, variable costs such as energy usage and labor costs tend to be relatively low. Overall, the cost structure for oil pipelines is heavily weighted towards fixed costs, making it a capital-intensive industry that requires substantial upfront investment.
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The cost structure for oil pipelines is typically characterized by high fixed costs and low variable costs. This means that the majority of expenses associated with constructing and maintaining pipelines are incurred upfront, with ongoing expenses such as energy usage and labor costs making up a smaller portion of the overall cost structure.
In addition, there are significant regulatory and environmental compliance costs associated with pipeline construction and operation.
However, once a pipeline is built and operational, variable costs such as energy usage and labor costs tend to be relatively low. Overall, the cost structure for oil pipelines is heavily weighted towards fixed costs, making it a capital-intensive industry that requires substantial upfront investment.
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The collection of interactions a company has with a customer who has already purchased a product is
called
When dealing with customers face-to-face, a good customer service technique is
to
When speaking with customers over the phone, it is important to be aware of
can change the meaning of what is said.
If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with situation.
What is a customer service technique?
A good service technique is a face-to-face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.
What are three important technique of customer service?
Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service. Although each customer's experience with customer care is unique, as long as you're adhering to these rules, you're on the right route.
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Answer:
The collection of interactions a company has with a customer who has already purchased a product is
called
✔ customer service
.
When dealing with customers face-to-face, a good customer service technique is
to
✔ maintain eye contact
.
When speaking with customers over the phone, it is important to be aware of
✔ tone of voice
because it can change the meaning of what is said.
Actually got it right.
Have a good one!