Fundamental and enhancing qualitative characteristics of financial statements have different objectives in financial accounting.
The financial statements should be relevant, reliable, comparable and understandable.These objectives can be broken down into two categories which are the fundamental qualitative characteristics and the enhancing qualitative characteristics. The objectives of each category are explained below:
Objectives of Fundamental Qualitative Characteristics : Relevance: The primary objective of relevance is to ensure that financial information is useful to users when making decisions. Relevant information should be timely, comparable and have predictive and confirmatory value. Reliability: The objective of reliability is to ensure that financial information is free from errors and bias. It should be verifiable, neutral and faithfully represented. Comparability: The objective of comparability is to ensure that financial information is presented in a consistent manner. This means that users can compare financial information from one period to another and between different companies. Understandability: The objective of understandability is to ensure that financial information is presented in a way that is easy for users to understand. Financial information should be clear and concise, and users should be able to comprehend it. Objectives of Enhancing Qualitative Characteristics. Completeness: The objective of completeness is to ensure that all relevant financial information is presented. Financial information should not be omitted because of its nature, size or materiality. Neutrality: The objective of neutrality is to ensure that financial information is free from bias. It should not favour one group over another, and financial information should be presented in a manner that does not influence user decisions. Timeliness: The objective of timeliness is to ensure that financial information is available when needed. This means that financial information should be provided in a timely manner so that users can make decisions based on the most current information. Predictive Value: The objective of predictive value is to ensure that financial information can be used to make future predictions. Financial information should be forward-looking and help users to forecast future events
The fundamental and enhancing qualitative characteristics of financial statements play an essential role in financial accounting. The fundamental qualitative characteristics of relevance, reliability, comparability and understandability ensure that financial information is useful to users and presented in a consistent and easy-to-understand manner. The enhancing qualitative characteristics of completeness, neutrality, timeliness and predictive value further enhance the usefulness of financial information by ensuring that it is free from bias, timely and forward-looking.
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The profits for a company were $18.2 million in 2008 and have increased each year by $1.6 million. Let t represent the years since 2008. Set up and solve a linear equation to find the year when the profits would reach $29.4 million.
In the case, the year when the profits would reach $29.4 million is 2015.
Given that the profits for a company were $18.2 million in 2008 and have increased each year by $1.6 million. Let t represent the years since 2008.
To find the year when the profits would reach $29.4 million we need to set up a linear equation and solve it.
Step-by-step solution:
We know that profits increased by $1.6 million each year. So, the profits can be represented as:
$$P=1.6t+18.2$$
where P is profits and t is the number of years since 2008.
Now, we need to find the year when the profits would reach $29.4 million. So, we need to solve the equation for t when P = $29.4 million.
$$29.4=1.6t+18.2$$
Subtract 18.2 from both sides of the equation.
$$29.4-18.2=1.6t$$
Simplify.
$$11.2=1.6t$$
Divide both sides by 1.6.$$t=7$$
So, the profits will reach $29.4 million after 7 years from 2008.
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6. Ms. Tint of New York City recently sued Mr. Bloom, also of New York
City. She claimed that he had run into and injured her while he was
jogging. She asked for $50,000 in damages. When she filed her suit in
federal district court, Mr. Bloom's attorney immediately objected on two
grounds. What were they?
eBook Problem Walk-Through
New-Project Analysis
The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,000,000, and it would cost another $24,000 to install it. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $459,000. The MACRS rates for the first three years are 0.3333, 0.4445, and 0.1481. The machine would require an increase in net working capital (inventory) of $12,000. The sprayer would not change revenues, but it is expected to save the firm $320,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 25%. (Ignore the half-year convention for the straight-line method.) Cash outflows, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest dollar.
What is the Year-0 net cash flow?
$
What are the net operating cash flows in Years 1, 2, and 3?
Year 1: $
Year 2: $
Year 3: $
What is the additional Year-3 cash flow (i.e, the after-tax salvage and the return of working capital)?
$
If the project's cost of capital is 11%, what is the NPV of the project?
$
Should the machine be purchased?
-Select-YesNo
Yes, the machine should be purchased because the NPV of the project is positive.
To compute the different incomes and decide if the machine ought to be bought, how about we go through the issue bit by bit.
Year-0 net income:
The Year-0 net income incorporates the underlying expense of the machine, establishment cost, and the expansion in net working capital. We add the underlying expense and establishment cost, and take away the functioning capital increment:
Year-0 net income = (- $1,000,000) + (- $24,000) + (- $12,000) = - $1,036,000
Net working incomes in Years 1, 2, and 3:
The net working incomes are the yearly reserve funds in before-charge working expenses, taking into account the duty rate. We increase the yearly reserve funds by (1 - charge rate) to get the after-charge reserve funds:
Year 1 net working income = $320,000 * (1 - 0.25) = $240,000
Year 2 net working income = $320,000 * (1 - 0.25) = $240,000
Year 3 net working income = $320,000 * (1 - 0.25) = $240,000
Extra Year-3 income:
The extra Year-3 income incorporates the after-charge rescue esteem (selling cost) of the machine and the arrival of working capital. We add the after-charge rescue esteem and the functioning capital return:
Extra Year-3 income = $459,000 * (1 - 0.25) + $12,000 = $344,250 + $12,000 = $356,250
NPV of the venture:
To work out the NPV of the task, we rebate the net incomes at the expense of capital and summarize them. The expense of capital is 11%.
NPV = Year-0 net income + (Year 1 net working income/\((1 + cost of capital)^_1})\) + (Year 2 net working income/\((1 + cost of capital)^_2})\)+ (Year 3 net working income/\((1 + cost of capital)^_3})\) + (Extra Year-3 income/\((1 + cost of capital)^_3})\)
NPV =\(- $1,036,000 + ($240,000/1.11) + ($240,000/1.11^_2) + ($240,000/1.11^_3) + ($356,250/1.11^_3)\)
Working out this articulation will give you the NPV.
Should the machine be bought?
To decide if the machine ought to be bought, we think about the NPV. Assuming the NPV is positive, it shows that the venture is normal to produce more worth than its expense and ought to be sought after. Assuming the NPV is negative, it proposes that the undertaking may not be monetarily doable.
For this situation, in the event that the NPV is more prominent than nothing, select "Yes." In any case, select "No" as the response.
The response to regardless of whether the machine ought to be bought will rely upon the determined NPV.
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Why is it important to have insurance?
It's important to have insurance so people can
protect themselves from losing a lot of money in
the event of an unpredictable event or something
happens to them or their property.
So individuals can defend against the possibility of
financial loss due to unpredictable event
So people can engage in risky behavior without
financial consequences
A and B
It's important to have insurance so people can protect themselves from losing a lot of money in the event of an unpredictable event or something that happens to them or their property. So individuals can defend against the possibility of financial loss due to unpredictable events. The correct options are a and b.
What is insurance?Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
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a) The solar installation generates electric power from sunlight and incurs operating costs for cleaning
the solar modules (sometimes called solar panels) and replacing solar modules that have failed. The
annual revenue from the electric power is variable due to variable cloudiness and solar module failure
and has a mean of $2.78m and a standard deviation of $0.32m. The annual operating costs have a mean
of $0.51 and a standard deviation of $0.12m.
calculate the mean and standard deviation of the annual profit
Answer:
The mean of the annual profit is $2.27 m.
The standard deviation of the annual profit is $0.3418 m.
Explanation:
Let X represent the annual operating costs for cleaning the solar modules and replacing solar modules that have failed.
And let Y represent the annual revenue from the electric power.
It is provided that:
\(E(X)=\$0.51\ m\\E(Y)=\$2.78\ m\\SD(X)=\$0.12\ m\\SD(Y)=\$0.32\ m\)
It is known that:
Annual Profit (Z) = Annual Revenue (Y) - Annual Operating Costs (X)
Compute the mean of the annual profit as follows:
\(E(Z)=E(Y-X)\)
\(=E(Y)-E(X)\\=2.78-0.51\\=2.27\)
The mean of the annual profit is $2.27 m.
Compute the standard deviation of the annual profit as follows:
\(SD(Z)=\sqrt{V(Y-X)}\)
\(=\sqrt{V(Y)+V(X)-2Cov(X,Y)}\\=\sqrt{V(Y)+V(X)}\\=\sqrt{(0.32)^{2}+(0.12)^{2}}\\=0.3418\)
The standard deviation of the annual profit is $0.3418 m.
Bavarian Bar and Grill opened for business in November 2021. During its first two months of operation, the restaurant sold gift cards in various amounts totaling $5,200, mostly as Christmas presents. They are redeemable for meals within two years of the purchase date, although experience within the industry indicates that 80% of gift cards are redeemed within one year. Gift cards totaling $1,300 were presented for redemption during 2021 for meals having a total price of $2,100. The sales tax rate on restaurant sales is 4%, assessed at the time meals (not gift cards) are purchased. Sales taxes will be remitted in January. Required: 1. Prepare the appropriate journal entries (in summary form) for the gift cards and meals sold during 2021 (keeping in mind that, in actuality, each sale of a gift card or a meal would be recorded individually). 2. Determine the liability for gift cards to be reported on the December 31, 2021, balance sheet. 3. What is the appropriate classification (current or noncurrent) of the liabilities at December 31, 2021
1- Journal Entries: a. November 2021: Cash (or Accounts Receivable) $5,200 Gift Card Liability $5,200
b. December 2021: Cash (or Accounts Receivable) $2,100 Sales Revenue $2,000 Sales Tax Payable $80 Gift Card Liability $1,300
Gift Card Breakage Revenue $100 ($1,300 x 20%)
In November 2021, the restaurant received $5,200 in cash (or accounts receivable) from the sale of gift cards. This results in a liability for the restaurant as the gift cards are redeemable for meals within two years of the purchase date. In December 2021, customers presented gift cards with a total value of $1,300 to pay for meals that cost $2,100. Since the meals were sold in December, the restaurant collected 4% sales tax on the meals ($2,100 x 4% = $80). The $2,000 ($2,100 - $80) received from the customers is recorded as sales revenue, and the sales tax collected is recorded as a liability until remitted in January. The liability for the unredeemed gift cards at the end of the year is $1,300 ($5,200 - $2,100) and is recorded as a liability. The restaurant also recognizes $100 of breakage revenue ($1,300 x 20%) since experience within the industry indicates that 80% of gift cards are redeemed within one year.
2- Liability for Gift Cards:
The liability for gift cards to be reported on the December 31, 2021, balance sheet is $1,300.
3- Classification of Liabilities:
The liability for gift cards should be classified as current liabilities on the December 31, 2021, balance sheet since they are expected to be redeemed within one year.
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Job #4260 consisted of 1,000 units at a total cost of $200,000. The cost transferred to cost of goods sold for the sale of 600 of the units is ______.
The cost transferred to cost of goods sold for the sale of 600 of the units is 120,000. Frequently, market analysts use models with two sources of info: actual capital, with amount K and work, with amount L.
What is Total cost?In financial matters, total cost (TC) is the base dollar cost of creating some amount of result.
This is the total monetary cost of creation and is comprised of variable cost, which changes as indicated by the amount of a decent delivered and incorporates information sources like work and natural substances.
Work #4260 comprised of 1,000 units at a total cost of $200,000. The cost moved to cost of products sold for the offer of 600 of the units is
Total cost / units x sale of units
200,000 / 1,000 x 600
= 120,000
The negligible cost can likewise be determined by tracking down the subordinate of total cost or variable cost. Both of these subsidiaries work in light of the fact that the total cost incorporates variable cost and fixed cost, yet fixed cost is a consistent with a subsidiary of 0.
The total cost of delivering a particular degree of result is the cost of the multitude of variables of creation. Total cost in financial matters incorporates the total open door cost (benefits got from the following best other option) of each element of creation as a feature of its fixed or variable costs.
Therefore The extra total cost of one extra unit of creation is called minor cost.
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lgbt employees are not eligible to bring civil tort actions such as defamation or intentional infliction of emotional distress, and others. (True or False)
False. LGBT employees, like any other employees, are entitled to the same legal protections as outlined in civil tort laws, including actions such as defamation or intentional infliction of emotional distress.
Sexual orientation or gender identity does not exempt employees from seeking legal recourse for harm caused by defamation or intentional infliction of emotional distress in the workplace or elsewhere. It is important to note that discrimination based on sexual orientation or gender identity is prohibited by laws in many jurisdictions, and employees who experience discrimination or mistreatment based on their LGBT status may have legal avenues available to seek justice and hold accountable those responsible for their harm.
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If the short-term nominal interest rate is 3.4%, the term structure effect is 1.2%, the default-risk premium is 1.4%, and the expected rate of inflation is 2.7%, the long-term real interest rate will be
A)-1.9%. B) 0.5%. C) 3.3%. Vo. D) 8.7%.
The long-term real interest rate, given the provided values, will be 0.5%.
The long-term real interest rate can be calculated by subtracting the expected rate of inflation from the sum of the short-term nominal interest rate, term structure effect, and default-risk premium.
In this case, we have:
Short-term nominal interest rate = 3.4%
Term structure effect = 1.2%
Default-risk premium = 1.4%
Expected rate of inflation = 2.7%
To find the long-term real interest rate, we subtract the expected rate of inflation (2.7%) from the sum of the other components:
Long-term real interest rate = Short-term nominal interest rate + Term structure effect + Default-risk premium - Expected rate of inflation
Long-term real interest rate = 3.4% + 1.2% + 1.4% - 2.7%
Long-term real interest rate = 3.3% - 2.7%
Long-term real interest rate = 0.6%
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Which of the following demonstrates active listening while receiving constructive criticism well
Answer:
c
Explanation:
incomes are received from several sources. of the following, which is the largest?
Incomes are received from several sources the following which is the largest is called as labor, option A.
A worker's guild is an association framed by laborers in a specific exchange, industry, or organization to further develop pay, advantages, and working circumstances. A labor union, also known as a "workers union," a "trade union," or a "labor organization," selects representatives to negotiate with employers through a process known as "collective bargaining." At the point when fruitful, the dealing brings about an understanding that specifies working circumstances for a while.
Associations coordinated by laborers to battle for representative freedoms and securities, like a more limited working day and the lowest pay permitted by law, have a long history in the US. Truth be told, the main specialist strike originates before the American Transformation, and the primary association was laid out by Philadelphia shoemakers in 1794. The Federation of Organized Trades and Labor Unions was established in 1881, and the American Federation of Labor (AFL) was established five years later.
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Complete question;
incomes are received from several sources. of the following, which is the largest?
Labor
Manager
Workers
Business
Allied In. bought a two-year insurance policy on August 1st for $3,600. What's the adjusting journal entry on December 31st?
Answer:
1. Debit Insurance Expense- $500 Credit Prepaid Insurance $500
2. $160 Beginning...
A taxi charges $2. 50 for the first mile and $0. 40 for each mile after that. The expression below shows how to find the total cost, in dollars, of a 20-mile taxi ride. 2. 50 0. 40 (20 minus 1) What is the cost of the ride? $9. 50 $10. 10 $55. 10 $58. 0.
sparty has as a regular tax liability of $12,475 and a tentative alternative minimum tax of $11,500. given just this information, what is the alternative minimum tax that he will owe for the year?
Sparty has as a regular tax liability of $12,475 and a tentative minimum tax of $11,500. Since her normal tax liability is $12,475 and her preliminary minimum tax is $11,500, the difference is $975.
As a result, Persephone must pay $975 in alternative minimum tax for the whole year. A minimal amount of tax is required to be paid by high-income people, corporations, trusts, and estates.
Under the alternative minimum tax (AMT), a separate tax system. Taxpayers who have certain exemptions or deductions that lower their ordinary tax payment are subject to the AMT.They must pay the difference as their AMT liability if their tentative minimum tax exceeds their regular tax liability. As in this instance, Persephone has deductions or exemptions that lower her regular tax payment, her regular tax liability is less than her preliminary minimum tax.
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Lime electric scooters ("e-scooters") are available for rent at various locations in major U.S. cities via a smartphone app. When Lime introduced the e-scooters in the U.S., the price per minute was 15 cents (plus $1 to unlock the scooter for each ride). Recently, the price has risen to 25 cents per minute (plus $1 to unlock). There are a number of e-scooter competitors in the U.S. market, all priced about the same as Lime. Interestingly, almost all of the scooters are built in one company in China, Ninebot. Although the scooters are essentially the same, there are cosmetic differences to differentiate the various brands Lime, Spin, etc.). Suppose a start-up company in the U.S. decides to create a new brand of rental e-scooters, Zing. Zing scooters will also be produced by Ninebot. Zing's plan is to have the e-scooters available in the same places the other brands are located and to have a smartphone app (because they are targeting current users of Lime and other brands), but plans to differentiate itself by charging a lower price per minute for rentals. How successful do you think Zing will be with this strategy? Begin your answer with either Successful or Unsuccessful, then briefly explain the reasoning behind your decision.
Zing, a new brand of rental e-scooters, is planning to differentiate itself from other competitors by charging a lower price per minute for rentals. This paper aims to discuss the strategy's chances of success or failure.
The new start-up company in the U.S., Zing, has come up with a plan to differentiate itself by offering rental e-scooters at a lower price per minute for rentals. However, other rental companies such as Lime and Spin also offer rental e-scooters for rent at approximately the same price. Zing's plan to lower prices might be a short-term success to attract new users. However, it might fail to survive in the long run due to increasing competition.
As they offer the same product with a different brand name and price, Zing's potential users might get attracted towards it in the beginning. However, in the long term, other rental companies might come up with new strategies to compete and survive in the market. Thus, it might get difficult for Zing to sustain in the long term, and the success of the strategy would depend on various factors such as market share, advertising, promotion, and unique features of the product offered. Therefore, Zing might initially be successful with its strategy of offering rental e-scooters at a lower price per minute for rentals but might not sustain in the long term due to increased competition.
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Why is network business is risky?
Answer:
because small business have compitator
1. The fair rate is 8%. What is 100 per year, forever, worth
now? (1250)
2. What is the same 100 per year in number 1 worth if it only
lasts for 15 years? Same rate. (855.948)
1. The present value of receiving $100 per year, forever, at an 8% rate is $1250.
2. The present value of receiving $100 per year for 15 years at an 8% rate is $855.948.
Given information: The fair rate is 8%.
1. Calculation of present value for $100 per year, forever, at an 8% rate:
- PV = Pmt / r
- PV = $100 / 0.08
- PV = $1250
Therefore, the present value of $100 per year, forever, at the rate of 8% is $1250.
2. Calculation of present value for $100 per year for 15 years at an 8% rate:
- PV = Pmt x [1 - (1+r)^-n] / r
- PV = $100 x [1 - (1+0.08)^-15] / 0.08
- PV = $855.948
Thus, the present value of $100 per year for 15 years at an 8% rate is $855.948. In conclusion, applying the formula for present value of an annuity, the present value of $100 per year, forever, at an 8% rate is $1250, and the present value of $100 per year for 15 years at an 8% rate is $855.948.
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when queries are saved and run again at a later date one advantage is that the query uses the most information
A. Complex
B. basic
C. historical
D. current
Answer: current
Explanation: took the quiz
Complex queries occur when queries are saved and run again at a later date one advantage is that the query uses the most information.
What is a complex query?It is a type of query that involves an individual using more than one search tools. It can be used to better understand multiple query by further breaking them into bits.
Therefore, Complex queries occur when queries are saved and run again at a later date one advantage is that the query uses the most information.
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Yes. Companies should be protected by tariffs.. why?
Answer: See explanation
Explanation:
A tariff is a tax that the government imposes on either the imports or the exports of products or sevices.
Apart from the fact that tariff is a way of generating revenue by the government, tariffs help protect the domestic industry. This is because tariffs increases the price of imported goods.
Since there is an increase in the price of the imports, consumers tend to buy from the local manufacturer since their products tend to be cheaper when compared to the imports. This gives an edge to the domestic companies.
Evaluate THREE (3) disadvantages for an acquiring firm,
in using share-for-share approach, in taking over the acquired
firm. (9marks)
Disadvantages of a share-for-share approach in an acquisition include increased dilution of ownership, heightened financial risk due to assuming acquired firm's liabilities, and challenges in integrating different organizational cultures. Careful consideration of these drawbacks is essential in making an informed decision.
Three disadvantages for an acquiring firm in using a share-for-share approach in taking over an acquired firm:
1. Increased dilution of ownership: When an acquiring firm uses a share-for-share approach, it issues its own shares to the shareholders of the acquired firm in exchange for their shares. This can lead to a significant dilution of ownership for the acquiring firm's existing shareholders.
2. Increased financial risk: A share-for-share acquisition can increase the financial risk for the acquiring firm. This is because the acquiring firm is taking on the debt and liabilities of the acquired firm. If the acquired firm is struggling financially, this could put the acquiring firm at risk.
3. Difficulty in integrating cultures: A share-for-share acquisition can make it difficult to integrate the cultures of the two firms. This is because the two firms will have different cultures and ways of doing things. If the cultures are not properly integrated, this could lead to problems down the road.
In addition to these three disadvantages, there are other potential drawbacks to using a share-for-share approach in an acquisition. For example, a share-for-share acquisition can be more complex and time-consuming than other types of acquisitions. Additionally, a share-for-share acquisition may not be the best option if the acquiring firm is looking to acquire a specific asset or business unit from the acquired firm.
Overall, a share-for-share approach can be a viable option for an acquisition, but it is important to weigh the potential risks and benefits before making a decision.
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Why would South Africa’s import value be higher than export value
South Africa exports of items and services as proportion of GDP is 30.47% and imports of items and services as proportion of GDP is 25.53%.
Why import is greater than export?A weaker domestic currency stimulates exports and makes imports more expensive; conversely, a sturdy home forex hampers exports and makes imports cheaper. Higher inflation can also influence exports via having a direct have an effect on on input fees such as materials and labor.
Imports become extra expensive. Exports and AD make bigger causing demand-pull inflation.
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The opening of a business message using the direct approach must be clear and concise, providing the recipient with a straightforward idea of the purpose of the message. The direct approach emphasizes the main point at the beginning of the message, rather than saving it for the end, which can make the message more effective.
When using the direct approach, it is important to use simple language and avoid using unnecessary words or phrases that can distract the recipient from the main point. A direct opening should also be professional, yet friendly and courteous, setting a positive tone for the rest of the message. By using the direct approach in the opening of a business message, the recipient is more likely to understand the message's purpose and take the appropriate action, leading to more efficient and productive communication between the sender and the recipient.
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given below are the future value factors for $1 compounded at 8% for one to five periods. periods future value of $1 at 8% 1 1.080 2 1.166 3 1.260 4 1.360 5 1.469 what amount will be in a bank account three years from now if $8,000 is invested each year for four years with the first investment to be made today?
By using the future value factor table for $1 compounded at 8%, investing $8,000 for four years with the first investment today, and compounding annually, the future value can be calculated as $38,847.56.
To calculate the future value of the investment, we need to use the future value of an annuity formula. We have 4 payments of $8,000 each, and the future value factor for 3 years at 8% is 1.260.
So, the future value of the first payment is $8,640 (i.e., $8,000 x 1.08). The future value of the second payment is $9,331.20 (i.e., $8,640 x 1.08), the future value of the third payment is $10,057.06 (i.e., $9,331.20 x 1.08), and the future value of the fourth payment is $10,819.30 (i.e., $10,057.06 x 1.08).
Therefore, the total future value of the investment after four years is $38,847.56 (i.e., $8,000 + $8,640 + $9,331.20 + $10,057.06 + $10,819.30).
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Goals and objectives provide a form of control since they create a feedback opportunity regarding how well or how poorly the organization is executing its strategy. True of false?.
The statement 'goals and objectives provide a form of control since they create a feedback opportunity regarding how well or how poorly the organization is executing its strategy' is true.
Goals and objectives are the targets that a company or organization tries to achieve. Strategies are set in order to reach the goals and objectives of the workers of an organization.
These goals and objectives help in maintaining the wellness of work by the company. The goals and objectives set help a business determine whether the strategies applied are being executed properly or not and whether they are proving to be effective.
Based on the goals and objectives, feedback is generated based on the execution of strategies.
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Do you intend to make specific contributions to the support of the beneficiary named in this form i-134?.
Form I-134 is used whilst a U.S. citizen or green card holder is of the same opinion to emerge as an economic sponsor of a traveler visa or a K1 and K2 visa.
Who is the beneficiary in I-134?The beneficiary is the foreigner who uses it for an immigration grant. A beneficiary may also report Form I- 134 on behalf of himself or herself
For example, in 2021, a sponsor withinside the U.S. mainland could want to have profits (or assets) of at least $33,125 to cover a petitioner who lives by himself and is sponsoring one immigrant and children (that is, a complete of 4 people)
Thus, Yes, if required a person can make contributions for the support of a beneficiary unless they fulfill the minimum income eligibility criteria given by the Govt.
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Morrison Foods has decided to introduce a new line of turkey products to the American consumer. Turkey steaks resemble beefsteak in taste and are leaner and healthier for a variety of reasons. However, the company is concerned that the product will not be accepted in America. If Morrison Foods follows a strategy of ________, they are more likely to have a successful introduction of the new product.
Answer:
Cultural congruence
Explanation:
Cultural congruence refers to the process that leads towards an efficient interaction between the producers and the consumers. This process is modeled upon the phenomena of evolving and growing cultural significance. The amalgamation and interaction between the provider and the consumers lead to the quality of the service provided.
The given excerpt brings towards the use of the strategy of cultural congruence. The company Morrison Foods took the step of introducing Turkey products to American consumers. Improving the quality of the product and the mode of communication and care may help the company establish a good relation and customers in America.
how saving account fits with my time horizon retirement
An investment's time horizon is indeed the length of time it will be held before being sold. Choose the best Retirement savings are the most popular long-term investments.
What do you mean by investment?A purchase made with the intention of creating income or capital growth is known as an investment. Appreciation is the term for an asset's value rising over time. A person buys in a good with the intention of using it to build wealth in the future rather than for current consumption.
How can beginners invest?Open a Demat and trading account using your linked banking account. Log into that trading account. Select the shares that you wish to buy or sell. Ensure that you have the requisite amount of funds in your account to buy the shares.
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A period during which aggregate output rises is known as a(n)
It is known as expansion.
A product's life cycle is the period of time from when it is initially made available to consumers until it is discontinued. Introduction, expansion, maturity, and decline are the four stages that make up a product's life cycle.
Professionals in management and marketing utilize product life cycles to assist them decide on advertising schedules, pricing points, expanding into new product markets, redesigning packaging, and more. Product life cycle management refers to these strategic means of a product's support. They can also help determine when the newer products are ready to push the older ones from the market.
Therefore, the answer is expansion.
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sebastian (24) will use the single filing status. his only income during the year consisted of $20,000, which was his net profit from a lawn mowing business. what is sebastian's self-employment tax?
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Answer:2826
Explanation:
How did Joe Biden get president?
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Answer:
Dont know im canadian
Explanation: