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Akimi4 [234]
2 years ago
8

Les moore retired as president of goodman snack foods company but is currently on a consulting contract for $35,000 per year for

the next 10 years. use appendix b and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a. if mr. moore's opportunity cost (potential return) is 10 percent, what is the present value of his consulting contract? (do not round intermediate calculations. round your final answer to 2 decimal places.)
Business
1 answer:
nadezda [96]2 years ago
5 0

Answer:

$215,059.85

Explanation:

we are not given appendix b or d, but we can still calculate the present value of Moore's contract using a 10% discount rate. You can use a financial calculator, but I prefer an excel spreadsheet with the net present value function:

=NPV(cash flows,rate) =NPV(35000 ... 35000,10%) = $215,059.85

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Answer:

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2 years ago
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mars1129 [50]
The believe that the best answer among the choices provided by the question is D. Full-size numbers followed by a period.
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2 years ago
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Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay
Maurinko [17]

Option D

Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay are called Paid time off plans

<h3><u>Explanation:</u></h3>

Paid Time Off (PTO) plans are a dilemma to regular paid leave systems that combine versatile kinds of leave (paid vacation, sick, and personal days) into an individual plan.  A PTO plan offers your company extra engaging to proposed workers by expanding the number of days they can drive off from work and however accept paid if they are usually in normal health.

Since most workers will never use whole their sick days, they can earn the contrast as additional vacation time. There is no charge to the company and workers are more satisfied.

4 0
2 years ago
​Moe's Pizza Shop sells a large pizza for​ $12.00. Unit variable expenses total​ $8.00. The breakeven sales in units is​ 7,000 a
spayn [35]

Answer:

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Explanation:

Margin of safety = Current sales level - Break even point

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