If you owe $35,000 payable at the end of eight years, what amount should your creditor accept in payment immediately if she could earn 13 percent on her money? Use Appendix B for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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Answer 1

The creditor should accept $10,604.51 in payment immediately to be equivalent to receiving $35,000 in eight years at a 13% interest rate.

To find the amount that the creditor should accept in payment immediately, we need to calculate the present value of the $35,000 due in eight years at a 13% interest rate.

Using the formula for present value:

PV = FV / (1 + r)ⁿ

Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years.

Plugging in the values we get:

PV = 35,000 / (1 + 0.13)⁸

PV = 35,000 / 3.3000311

PV = 10,604.51

Therefore, the creditor should accept $10,604.51 in payment immediately to be equivalent to receiving $35,000 in eight years at a 13% interest rate.

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Related Questions

The union strategy in the west centered on control of what river?.

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Early in the American Civil War, Union General Winfield Scott suggested the "Anaconda Plan," a military tactic. The strategy planned for the strangulation of the South by Union land and naval forces.

A naval blockade of the Confederate littoral, and a thrust down the Mississippi. The Anaconda Plan was the name given to the North's military tactics. The idea was to divide the Confederacy in half by using its fleet to blockade Southern ports and seize control of the Mississippi River.

Grant wanted to give the Union sovereignty over the Mississippi River. By controlling the river, Union forces would be able to divide the Confederacy in half and have access to a crucial supply and transportation corridor.

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Which model describes how data is written to a blockchain?.

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The model that describes how data is written to a blockchain is known as the consensus model.

The consensus model is a crucial component of a blockchain network as it ensures that all participants agree on the validity of data being added to the chain. The model relies on a network of nodes that work together to confirm and validate transactions. Once a transaction is verified by a node, it is added to a block which is then broadcasted to the network for confirmation. The consensus model ensures that every node on the network agrees on the content of the block before it is added to the chain.

The consensus model is critical in ensuring the integrity and immutability of the data on a blockchain. There are several types of consensus models that can be used, including Proof of Work (PoW), Proof of Stake (PoS), and Delegated Proof of Stake (DPoS). PoW is the most widely used consensus model and is the one used by Bitcoin. It relies on complex mathematical equations that are solved by nodes on the network to validate transactions. PoS, on the other hand, requires participants to hold a stake in the network in order to validate transactions. DPoS is a variation of PoS where participants can delegate their voting power to a representative who will validate transactions on their behalf.
Regardless of the consensus model used, the goal is always to ensure that all nodes on the network agree on the validity of transactions and blocks being added to the chain. This is achieved through a combination of cryptographic techniques, game theory, and economic incentives. In summary, the consensus model is the mechanism that describes how data is written to a blockchain. It is essential in ensuring the security and immutability of the data on the chain, and there are several types of consensus models that can be used depending on the specific needs of the network.

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This type of transaction requires extra time and energy, to make sure that buyers are reliable and creditworthy. A company increases payment time when it sells and ships a product overseas. a. Commercial lending b. Insurance c. Export financing d. Mortgage lending

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The correct option is C,  The type of transaction that requires extra time and energy to make sure that buyers are reliable and creditworthy, and a company increases payment time when it sells and ships a product overseas is export financing.

A transaction refers to any exchange or interaction that involves the transfer of goods, services, or information between two or more parties. It typically involves the exchange of something of value, such as money, goods, or services, in return for something else of value. Transactions can occur in various contexts, including financial transactions such as buying and selling stocks or transferring funds between bank accounts, business transactions such as purchasing goods from a supplier, or personal transactions such as buying groceries at a supermarket.

A transaction is a unit of work that involves a sequence of operations that need to be completed successfully as a single entity. Examples of this include a database transaction, where a group of database operations is performed as a single atomic operation to ensure data integrity and consistency.

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when demand and lead time are known with certainty, the reorder point (rop) will equal group of answer choices safety stock. the eoq. expected demand during lead time plus safety stock. expected demand during lead time. the service level.

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When demand and lead time are known with certainty, the reorder point (ROP) will equal the expected demand during lead time plus safety stock.

The ROP is the inventory level at which a new order should be placed in order to avoid stockouts, and it is calculated by taking into account the lead time, expected demand during lead time, and safety stock. Safety stock is a buffer inventory kept to protect against unexpected demand or lead time variability. Therefore, the ROP is calculated by adding the expected demand during lead time and the safety stock. The EOQ (economic order quantity) and service level are also important factors to consider when determining the optimal inventory level and reorder point.

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which of the following are recommendations made by fossum for management preparing for negotiation with a union? (select all that apply.)

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Option 1, 2 and 3. The following are recommendations made/done by Fossum for management preparing for negotiation with a union are as follows:

Recognise the potential financial impact of union demands on the business, Set mutually acceptable objectives for the negotiation and be prepared for a strike. The tension level increases when it's time to negotiate a new union contract, and your leaders' knowledge of how to preserve good employee relations is put to the test. You are legally required to bargain with the union in good faith in accordance with the National Labour Relations Act (NLRA), but collaboration doesn't guarantee a successful outcome.

In order to advance the interests of one or more parties or to produce a win-win situation, the goal of negotiation is to overcome disagreements and come to an agreement between two or more parties. On issues of shared interest, the parties hope to come to an agreement. This agreement might be advantageous to all or some of the parties.

While negotiators seek to understand the needs and desires of the other parties involved, in order to increase their chances of completing transactions, preventing disputes, building connections with other parties, or maximizing mutual benefits. , you need to identify your own needs and desires.

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Complete question:

Which of the following are recommendations made by Fossum for management preparing for negotiation with a union?

(1) Understand how much saying "yes" to union demands may cost the company

(2) Agree upon goals to work toward in the negotiation

(3) Be ready for a strike

(4) Create and launch a strong public relations campaign

Over 50 percent of china’s population is now urban, with millions more leaving the farms every year because of low pay. How is china currently addressing the issue of increased urbanization and fewer farms?.

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Over 50% of China's populace is presently metropolitan, with millions seriously leaving the homesteads consistently due to low pay. China currently addressing the issue of increased urbanization and fewer farms is now allowing more agricultural imports.

They tried to address China's food security issues by zeroing in on conventional harvest creation, the execution of current innovation and science, making food holds for the populace, high return seed assortments, multi-editing, controlled water system, and safeguarding food security.

Ranches turned out to be more useful which made more food. Since food was ample, China's populace expanded. The country's aggregate land possession boycotts land deals and makes it challenging for farms.

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True/False: the accounting guidelines required in the united states are called generally accepted accounting principles (gaap).

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True. The accounting guidelines required in the united states are called generally accepted accounting principles (GAAP) is true.

The Financial Accounting Standards Board (FASB) has established a set of standardized accounting rules, processes and standards known as Generally Accepted Accounting Principles (GAAP). If an accountant prepares financial statements for a public company, in the United States he must comply with GAAP.

The 10 Core Principles serve as the framework for GAAP, a set of rules. International Financial Reporting Standards (IFRS), which are more principle-based standards, are often used as a comparison. There have been recent initiatives to move GAAP reporting to the more global standard IFRS.

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firms with short operating cycles will experience less of a lag between the creation and delivery of their products and the collection of cash from customers because: a. their cash flow from operations will not differ much from their working capital from operations. b. their cash flow from operations will be much less than their working capital from operations. c. their cash flow from operations will be much greater than their working capital from operations. d. there will be no relation between their cash flow from operations and working capital from operations.

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Firms with short operating cycles will experience less of a lag between the creation and delivery of their products and the collection of cash from customers because their cash flow from operations will be much less than their working capital from operations.

A company will get payments at a consistent rate if its operational cycle is short. The more quickly the firm makes money, the more it will be able to pay off any obligations that are due or grow as necessary.

The period of time it takes for a business to purchase items, sell them, and get payment for those sales is referred to as an operational cycle. It is, in other words, the time it takes for a business to convert its inventories into cash. Depending on the sector, an operational cycle can be any duration. By providing a sense of whether or not it will be able to pay off any creditors, an understanding of a company's operating cycle may assist establish its financial health.

Option B is the correct answer.

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because guests do not have the opportunity to try out its service before purchasing, seaside hotel offers _____ to overcome the problem of inseparability of services.

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Because guests do not have the opportunity to try out its service before purchasing, Seaside Hotel offers guarantees to overcome the problem of inseparability of services.

By offering guarantees, the hotel aims to alleviate the uncertainty and risk that guests face when purchasing an intangible service, such as a hotel stay, by providing assurance that their expectations will be met. This helps to build trust and confidence in the service and may encourage guests to choose Seaside Hotel over competitors who do not offer such guarantees.

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which of the following best illustrates the law of demand? an increase in income, resulting in increased purchases of big macs

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The following statement does not illustrate the law of demand, as it describes an increase in purchases due to an increase in income, which is the opposite of the law of demand:

"An increase in income, resulting in increased purchases of Big Macs."

The law of demand states that, all other factors being equal, as the price of a good or service increases, the quantity demanded of that good or service decreases, and as the price of a good or service decreases, the quantity demanded of that good or service increases.

An example of the law of demand would be: "As the price of apples increases, the quantity demanded of apples decreases, and as the price of apples decreases, the quantity demanded of apples increases."

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jose now has $500. how much would he have after 6 years if he leaves it invested at 5.1% with annual compounding? a. $512.15 b. $808.66 c. $828.88 d. $667.15 e. $673.89

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The option C, $828.88.To solve the problem, we can use the formula for compound interest, which is: A = P(1 + r/n)^(nt).

Where A is the total amount at the conclusion of the investment term, P is the initial investment, r is the annual interest rate, n is the frequency of compounding interest, and t is the number of years.

Plugging in the given values, we get: A = 500(1 + 0.051/1)^(1*6) = $828.88 (rounded to the nearest cent).

1. Use the formula for compound interest: A = P(1 + r/n)^(nt)

where A is the future amount, P is the principal ($500), r is the interest rate (0.051), n is the number of times compounded per year (1 for annual compounding), and (6) years are involved in the equation.

2. Plug the values into the formula: A = 500(1 + 0.051/1)^(1*6)

3. Simplify the equation: A = 500(1 + 0.051)^6

4. Calculate the future amount: A = 500(1.051)^6 ≈ $673.89

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alvarez company is preparing the company's statement of cash flows for the fiscal year just ended. the following information is available: retained earnings balance at the beginning of the year $ 318,000 cash dividends declared for the year 71,250 proceeds from the sale of equipment 122,400 gain on the sale of equipment 7,050 cash dividends payable at the beginning of the year 31,350 cash dividends payable at the end of the year 38,500 net income for the year 156,750 the ending balance in retained earnings is:

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The ending balance in retained earnings is approximately $396,350.

To determine the ending balance in retained earnings, we need to use the formula;

Ending Retained Earnings=Beginning Retained Earnings + Net Income - Dividends

We can use the information given in the question to calculate the ending retained earnings as follows;

Beginning retained earnings: $318,000

Net income for the year: $156,750

Dividends declared for the year: $71,250

Dividends payable at the beginning of the year: $31,350

Dividends payable at the end of the year: $38,500

Total dividends paid during the year; $71,250 - $31,350 + $38,500 = $78,400

Using the formula, we can calculate the ending retained earnings as;

Ending Retained Earnings = $318,000 + $156,750 - $78,400

Ending Retained Earnings = $396,350

Therefore, the ending balance is $396,350.

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Assume that an organization’s culture, pre-pandemic, was to have open communication between different levels of management in order to spur creativity. The organization now uses video conferencing to achieve the same objective, allowing employees to quickly video call others in different parts of the hierarchy if they have an innovative idea. Based on this assumption, video conferencing is allowing the organization to uphold its.

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The use of video conferencing in the organization is allowing it to uphold its culture of open communication between different levels of management in order to spur creativity.

Before the pandemic, the organization's culture emphasized the importance of open communication to foster innovation. This meant that employees at different levels of the organization were encouraged to share their ideas and collaborate with one another. However, with the pandemic forcing many employees to work remotely, the organization had to find new ways to maintain this culture of open communication.

The organization decided to use video conferencing as a means of allowing employees to quickly video call others in different parts of the hierarchy if they have an innovative idea. This has proven to be a successful strategy in maintaining the organization's culture of open communication. Video conferencing has allowed employees to continue to collaborate with one another and share their ideas in a timely and efficient manner.

Overall, the use of video conferencing has helped the organization uphold its culture of open communication and spur creativity, even in the midst of the pandemic.

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what are the 3 predominant areas of a market opportunity analysis that we must take into consideration as marketing managers?

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The three predominant areas of a market opportunity analysis that marketing managers must take into consideration are market size, market growth potential, and market profitability.

Market size refers to the overall size of the target market and the potential customer base. It includes factors such as population demographics, geographic location, and consumer behavior patterns.

Market growth potential refers to the potential for the market to grow over time. This includes factors such as the current market trends, the level of competition, and the potential for new entrants into the market.

Market profitability refers to the potential for the market to generate revenue and profit for the business. This includes factors such as the pricing of products or services, the cost of production, and the level of demand for the product or service.

By analyzing these three areas, marketing managers can identify market opportunities and develop effective marketing strategies to target and capture their desired customer base.

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Which of the following are reasons a company would want to issue bonds instead of stock? (Check all that apply.)
The cost of borrowing is greater than the return on equity.
Dividends are tax-deductible.
Current stockholders maintain control.
Interest expense is tax-deductible.

Answers

Dividends are tax-deductible, and Interest expense is tax-deductible are the reasons a company would want to issue bonds instead of stock.

Dividends are regular payments made by a company to its shareholders out of its profits or reserves. However, in the context of the previous question, dividends were not the main focus, and it was mentioned as one of the options that could be selected as a reason why a company would want to issue bonds instead of stock.

Stock refers to the ownership interest in a corporation. When a company issues stock, it is essentially selling a portion of the ownership of the company to investors in exchange for capital. Stockholders have the right to vote on certain corporate decisions, including the election of the board of directors and other major decisions that may affect the company. They may also receive dividends, which are distributions of profits made by the company to its shareholders.

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suppose the u.s. government levies a tax that requires all people to pay 5% of their income to be used for environmental preservation. what type of tax would this be? select the correct answer below: progressive proportional regressive none of the above.

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Suppose the u.s.government exacts a duty that requires all individuals to pay 5% of their pay to be utilized for environmental preservation.  the type of tax would be proportional.

The option (B) is correct.

The primary sources of revenue for state and neighborhood legislatures are deals charges, local charges, and government incomes. State and neighborhood legislatures force burdens that are exacted on organizations.

State and local governments collect tax revenue from her three principal sources: personal duty deals expenses and local charges. Pay and deals charges make up most of all state charge income, and local charges are the biggest wellspring of income for neighborhood legislatures, including school regions. Personal expenses are paid to both the national government and most state legislatures. Learned 50 terms.

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This question is not complete, Here I am attaching the complete question:

Suppose the u.s. government levies a tax that requires all people to pay 5% of their income to be used for environmental preservation. what type of tax would this be? select the correct answer below:

(A) progressive

(B) proportional

(C) regressive

(D) none of the above.

Suppose a basket of goods and services has been selected to calculate the cpi and 2012 has been chosen as the base year. In 2012, the basket’s cost was $80. 00; in 2013, the basket’s cost was $84; and in 2014, the basket’s cost was $87. 60. The value of the cpi was.

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The value of the CPI (Consumer Price Index) can be calculated by dividing the cost of the basket of goods and services in a given year by the cost of the same basket in the base year (2012 in this case) and multiplying by 100.


To calculate the value of the CPI, we need to first find the cost of the basket of goods and services in 2013 and 2014 in relation to the base year (2012).

To find the percentage change in cost between 2012 and 2013, we can use the formula:

Percentage change = [(new value - old value) / old value] x 100

Substituting the values we have:

Percentage change in cost from 2012 to 2013 = [(84 - 80) / 80] x 100 = 5%

This means that the cost of the basket of goods and services increased by 5% from 2012 to 2013.

Similarly, we can find the percentage change in cost from 2012 to 2014:

Percentage change in cost from 2012 to 2014 = [(87.60 - 80) / 80] x 100 = 9%

This means that the cost of the basket of goods and services increased by 9% from 2012 to 2014.

Now, to find the value of the CPI for each year, we can use the formula:

CPI = (cost of basket in a given year / cost of basket in base year) x 100

Substituting the values we have:

CPI in 2013 = (84 / 80) x 100 = 105
CPI in 2014 = (87.60 / 80) x 100 = 109.5

Therefore, the value of the CPI was 105 in 2013 and 109.5 in 2014.

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which of the following can effectively minimize escalation of commitment? multiple choice the team leader has strong opinions about the preferred options for a problem. there are ready-made alternatives to resolve all problems. organizational goals are relatively ambiguous. those who make the decision are different from those who implement and evaluate it.

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The option that can effectively minimize escalation of commitment is "those who make the decision are different from those who implement and evaluate it." This separation of roles and responsibilities helps ensure that decisions are made objectively and without bias towards previous commitments.

Having a team leader with strong opinions, ready-made alternatives, or ambiguous organizational goals can all contribute to escalation of commitment as individuals become more invested in their own ideas and solutions.


The correct answer to your question is: those who make the decision are different from those who implement and evaluate it. This can effectively minimize escalation of commitment because it separates decision-making from implementation and evaluation, reducing the chances of individuals sticking to their initial decisions due to personal attachment or biases.

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the tuition in a private university was $20,000 per academic year in 1999. if the inflation rate has been averaging at the rate of 3%, how much one should have invested in 1999 to send a kid to this private university in 2017. assume the investment earned an 8% return. group of answer choices $8,519 $10,649 $11,345 $9,258

Answers

To calculate the amount one should have invested in 1999 to cover the tuition in 2017, we need to account for both inflation and the return on investment. After calculation,  the amount one should have invested in 1999 is $11,345. The correct option is C.

Inflation refers to the general increase in prices of goods and services over time, resulting in the erosion of purchasing power. It is typically measured by calculating the percentage change in the Consumer Price Index (CPI) or a similar price index.

Return on Investment (ROI) is a financial metric that measures the profitability of an investment.

Thus, the ideal selection is option C.

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it would be difficult to sell consumers life insurance if their notion of time is like a mirror. group of answer choices true false

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True, it would be difficult to sell consumers life insurance if their notion of time is like a mirror. This is because if people see time as a mirror, they tend to believe that their future is already predetermined and that they cannot change it. This belief can lead to a sense of fatalism, which can make them less likely to see the need for life insurance.

Life insurance is designed to provide financial protection to loved ones in the event of an unexpected death. However, if someone sees time as predetermined, they may not believe that they have control over their future or that they can take steps to protect their loved ones financially. They may also believe that purchasing life insurance is unnecessary because they cannot alter the outcome of their life.

In contrast, people who view time as a fluid concept may be more open to the idea of life insurance. They may believe that they can take actions to change their future and that life insurance is one of the ways they can provide for their loved ones in the event of an unexpected death.

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striker 44 corporation produces a part that is used in the manufacture of one of its products. the costs associated with the production of 12,000 units of this part are as follows: striker 44 corporation data direct materials $89,000 direct labor $125,000 variable factory overhead $59,000 fixed factory overhead $139,000 total costs $412,000 of the fixed factory overhead costs, $58,000 is avoidable. assuming no other use of their facilities, the highest price that mcmurphy should be willing to pay for 12,000 units of the part is:

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The highest price that McMurphy should be willing to pay for 12,000 units of the part is $42.92 per unit.

To determine the highest price that McMurphy should be willing to pay for 12,000 units of the part, we need to calculate the total cost per unit and add the desired profit margin.

Total cost per unit is calculated as follows;

Direct materials per unit = Direct materials / Number of units = $89,000 / 12,000 = $7.42

Direct labor per unit = Direct labor / Number of units = $125,000 / 12,000 = $10.42

Variable factory overhead per unit = Variable factory overhead / Number of units = $59,000 / 12,000 = $4.92

Fixed factory overhead per unit = Fixed factory overhead / Number of units = $139,000 / 12,000 = $11.58 (of which $4.83 is avoidable)

Total cost per unit = Direct materials per unit + Direct labor per unit + Variable factory overhead per unit + Fixed factory overhead per unit = $34.34

To add the desired profit margin, we need to decide on a markup percentage. Assuming a markup percentage of 25%, the desired profit per unit is;

Profit per unit = Total cost per unit x Markup percentage = $34.34 x 25% = $8.58

The highest price which McMurphy should be willing to pay for 12,000 units of the part is therefore;

Highest price per unit = Total cost per unit + Desired profit per unit = $34.34 + $8.58 = $42.92

Therefore, the highest price that McMurphy should be $42.92 per unit.

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the transmission division is currently purchasing 6,000 of these connectors per year from an overseas supplier at a cost of $65 per connector. assume that the connector division is selling all of the connectors it can produce to outside customers. what should be the minimum acceptable transfer price for the connectors from the standpoint of the connector division?

Answers

The minimum acceptable transfer price for the connectors from the standpoint of the connector division would be the cost of producing the connectors, which is unknown in this scenario.

However, it is important for the transmission division to negotiate a transfer price that is lower than the cost of purchasing the connectors from an overseas supplier. This will ensure that the company is not losing money on the transaction and that both divisions are benefiting from the transfer. Additionally, it may be beneficial for the company to consider finding alternative suppliers or producing the connectors in-house to reduce costs and increase profitability.

To determine the minimum acceptable transfer price for the connectors from the standpoint of the connector division, please follow these steps:

1. Identify the current purchasing cost of connectors from the overseas supplier: The Transmission division is currently purchasing 6,000 connectors per year at a cost of $65 per connector.
2. Calculate the total cost of purchasing the connectors from the overseas supplier: 6,000 connectors * $65 per connector = $390,000 per year.
3. Determine the connector division's current sales: The Connector division is selling all of the connectors it can produce to outside customers.
4. Identify the minimum acceptable transfer price: Since the Connector division is selling all of its connectors to outside customers, the minimum acceptable transfer price should be at least equal to the current cost per connector from the overseas supplier to ensure that the Connector division does not lose any profit by selling internally.

So, the minimum acceptable transfer price for the connectors from the standpoint of the Connector division should be $65 per connector.

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contribution revenue is . multiple choice question. always classified as nonoperating revenue always classified as operating revenue classified as operating or nonoperating revenue depending upon the source of the contribution

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The answer to the question is that contribution revenue can be classified as operating or nonoperating revenue depending upon the source of the contribution. This is because contribution revenue can come from different sources and can be related to both the operations of the business and non-operating activities.

For example, if a contribution is received from a donor to support a specific program or project that is directly related to the operations of the business, then it would be classified as operating revenue. However, if the contribution is received from a non-operating source, such as a government grant or a donation for a non-business-related cause, then it would be classified as nonoperating revenue.

Therefore, the classification of contribution revenue as operating or nonoperating revenue depends on the nature and source of the contribution.

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Assume that the XYZ Corporation established a defined contribution plan using an integration formula with a 5% base contribution and an integrated level equal to the taxable wage base. What percentage of each employee's earnings above the integration level could the XYZ Corporation contribute?
a) 7.5%
b) 5.7%
c) 10%
d) 12.2%

Answers

The percentage of each employee's earnings above the integration level that the XYZ Corporation could contribute is 0.0025. Answer: d) 12.2%.  

The percentage of each employee's earnings above the integration level that the XYZ Corporation could contribute, we need to use the following formula:

Contribution = (Base Contribution * (Integration Level / Earnings Above Integration Level))

here:

Base Contribution = 5%

Integration Level = Taxable wage base

Earnings Above Integration Level = Earnings above the integration level

Contribution = (5% * (Taxable wage base / Earnings Above Integration Level))

Contribution = (5% * (150,000 / Earnings Above Integration Level))

Earnings Above Integration Level = Earnings - Integration Level

This expression for Earnings Above Integration Level, we get:

Contribution = (5% * (Earnings - Integration Level / Integration Level))

Contribution = (5% * (Earnings - 150,000 / 150,000))

Contribution = 5% * (Earnings - 1)

Contribution = 0.05 * (Earnings - 1)

Contribution = 0.0025 * Earnings

Therefore, the percentage of each employee's earnings above the integration level that the XYZ Corporation could contribute is 0.0025. Answer: d) 12.2%.  

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2. perez uses the indirect method for the operating activities section of the cash flow statement. what amounts related to the sales would be added or subtracted in the computation of net cash flows from operating activities for each year?

Answers

When using the indirect method for the operating activities section of the cash flow statement, adjustments need to be made to the net income to convert it to net cash flows from operating activities.

If accounts receivable increased during the year, this means that sales were made but the cash has not yet been received. Therefore, the increase in accounts receivable needs to be subtracted from net income to adjust for the non-cash portion of the sale. On the other hand, if accounts receivable decreased during the year, this means that cash was received from customers for sales that were made in a prior year. Therefore, the decrease in accounts receivable needs to be added back to net income to adjust for the cash portion of the sale.

In summary, the amounts related to sales that would be added or subtracted in the computation of net cash flows from operating activities for each year would depend on the changes in accounts receivable during the year and the timing of when sales were made.

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overbooking can be caused by group of answer choices all of them staff errors inventory availability errors guest overstays damaged rooms

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Overbooking can occur for a variety of reasons, including staff errors, inventory availability errors, guest overstays, damaged rooms, and other factors. It's important to note that overbooking is a common problem in the hospitality industry, and it can have serious consequences for both guests and hotel staff.

One of the main causes of overbooking is staff errors. This can happen when front desk staff make mistakes during the booking process, such as double-booking rooms or failing to properly update inventory availability. These errors can also occur when reservations are made through third-party booking sites, which can sometimes result in conflicting information.

Overall, overbooking can be caused by a range of factors, and it's important for hotels to have systems in place to minimize the risk of overbooking and to handle it effectively when it does occur. This can include proper inventory management, effective communication between staff and guests, and contingency plans for dealing with unexpected issues.

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what is the monthly payment size of a 23-year mortgage for $165 600 and an interest rate of 5.25% compounded monthly?

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The monthly payment size of a 23-year mortgage for $165,600 and an interest rate of 5.25% compounded monthly is $988.29.

We first need to calculate the total number of monthly payments over the 23-year period. 23 years is equivalent to 276 months (23 years x 12 months per year). 1. Convert the annual interest rate to a decimal: 5.25% = 0.05252. Convert the annual interest rate to a monthly interest rate by dividing by 12: 0.0525 / 12 = 0.0043753.

By applying the mortgage payment formula and converting the annual interest rate to a monthly interest rate, we calculated the monthly payment to be $990.27 over the 23-year loan period.

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using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, what would be the present value of the investment cash inflows, assuming an earnings rate of 12%?

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The present value of the investment cash inflows is $21,236.45 if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, assuming an earnings rate of 12%.


To calculate the present value of an investment cash inflow, we need to use the present value formula which is:
PV = CF / (1+r)ⁿ

Where PV is the present value, CF is the cash flow, r is the earnings rate and n is the number of periods.
In this case, we need to find the present value of the cash inflows for the next 4 years, assuming an earnings rate of 12%.

The cash inflow is $7,000 a year for the next 4 years, so we can plug these values into the formula and solve for PV.
PV = $7,000 / (1+0.12)^1 + $7,000 / (1+0.12)^2 + $7,000 / (1+0.12)^3 + $7,000 / (1+0.12)^4
PV = $6,250.65 + $5,580.02 + $4,975.47 + $4,430.31
PV = $21,236.45

Therefore, the present value of the investment cash inflows is $21,236.45 if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, assuming an earnings rate of 12%.

This means that the investment is worth more than its initial cost, so it is a good investment opportunity.

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when a cash dividend is declared, which of the following accounts is credited? amon stock b.cash dividends payable c.cash dividends d.paid-in capital

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When a cash dividend is declared, the account that is credited is (b) Cash Dividends Payable.

Here's a step-by-step explanation:
1. A company declares a cash dividend.
2. The board of directors approves the dividend.
3. The company records the dividend in its accounting system.
4. The Dividends account (an equity account) is debited for the total amount of the declared dividend.
5. The Cash Dividends Payable account (a liability account) is credited for the same amount, reflecting the company's obligation to pay the dividend to shareholders.

So, the correct answer is (b) Cash Dividends Payable.

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which of the following life policy riders is also referred to as a 'child' rider? cost of living rider other (additional) insured(s) rider payor provision living benefits rider

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A child rider is a supplement to life insurance that provides a death benefit in the event that one (or more) of your children pass away. This extra protection acts as a safety net for you so you can concentrate.

A rider is an insurance clause that extends coverage or modifies the terms of a standard insurance policy. Riders provide insured parties more alternatives for coverage, or they could potentially restrict or limit it. If a party chooses to buy a rider, there will be an extra charge.

The majority have low costs because there is little underwriting required. Another name for a rider is an insurance endorsement. It can be included in insurance policies that cover lives, homes, cars, and rental properties.

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