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melomori [17]
2 years ago
4

An investment today of​ $8,424 at​ 6% will yield payments of​ $2,000 per year for five​ years, or total payments of​ $10,000 ove

r five years. The reason for this increase is that the interest is being earned on principal that is left invested each year.
Business
1 answer:
notka56 [123]2 years ago
6 0

Answer:

Explanation:

The computation of the present value is shown below"

= Annual payment × PVIFA factor for 5 years at 6%

= $2,000 × 4.2124

= $8424.80

Simply we multiply the annual payment with its PVIFA factor so that the correct value of the present value can come.

So, the given statement is true.

And, refer PVIFA table so that the interest factor can come.

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During 2009, Accent Toys Plc., which began business in October of that year, purchased 15,000 units of a toy at cost of $10 per
telo118 [61]

Answer:

$183,000

Explanation:

The computation of the cost of goods sold using the FIFO method is shown below:

= Number of units purchased × per unit + additional units purchased × per unit

= 15,000 units × $10 + 3,000 units × $11

= $150,000 + $33,000

= $183,000

Since there are 18,000 units are sold

out of which 15,000 are at $10 and the remaining 3,000 units are at $11 and the same is to be considered    

5 0
2 years ago
Fullerton Waste Management purchased land and a warehouse for $720,000. In addition to the purchase price, Fullerton made the fo
g100num [7]

Answer:$813,000

Explanation:

The cost of property plants and equipment in relation to IAS 16 includes the purchase price, related tax, transportation, professional fee, first insurance cost, and all other costs incurred to put the property in a position to be put into the desired use. The cost also includes all related miscellaneous cost.

8 0
2 years ago
Assume that when the price of cantaloupes is $2.50 the demand for cantaloupes is unit-elastic, and that the demand curve for can
Maru [420]

Answer:

The correct answer is option A.

Explanation:

The demand for cantaloupes is unitary elastic at price level $2.50. The demand curve here is linear and downward sloping. The elasticity of demand is 1.

In this linear demand curve the lower portion will represent inelastic demand.

When the price level is reduced to $2 the demand will move to the lower portion of the curve, with fall in price and increase in demand.

So, at $2 price the demand will be inelastic, which means it will be between 0 and 1.

4 0
2 years ago
A fundamentally functional organization creates a special project team to handle a critical project. this team has many of the c
Nadusha1986 [10]

Such an organization would be called the syndicate.

7 0
2 years ago
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Which of the following is not an input to the aggregate planning process? A. demand forecast B. cost information C. policies on
ale4655 [162]

Answer:

The correct answer is E. master production schedules.

Explanation:

Master production schedules is not an input to the aggregate planning process  all other options are its input,

Aggregate planning process is an attempt to respond to predicted demand within the constraints set by product, process and location decisions.

Hence, master production schedules is not a relevant input for this planning process but can be a result of the aggregate planning process. In other words master production schedule is formed after aggregated planning has been completed.

6 0
2 years ago
Read 2 more answers
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