Tanya has to put $15,409.09 into the charitable donation annuity in order to start receiving $10,000 once she reaches 65. The provided answer choices do not reflect the correct calculation of the present value.
To determine the amount Tanya should deposit, we need to calculate the present value of the annuity payments. For this computation, the present value formula is applied.
PV = C * (1 - (1 + r)^(-n)) / r
Where:
PV = Present Value
C = Cash Flow per period ($10,000)
r = Interest rate per period (assumed to be constant)
n = Number of periods (four years)
Assuming an interest rate of 0% (no interest), we can calculate the present value as follows:
PV = $10,000 * (1 - (1 + 0)^(-4)) / 0
PV = $10,000 * (1 - 1) / 0
PV = $0 / 0 (indeterminate form)
Since the interest rate is not given, it is not possible to calculate the exact present value. Therefore, none of the provided options can be considered as the correct answer.
Based on the given information, we cannot determine the exact amount Tanya should deposit without knowing the interest rate. The provided answer choices do not reflect the correct calculation of the present value.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Explain the differences between a partnership and a corporation
What are the types of partnership and examples of each?
Answer:
here you go
Explanation:
Types of partnerships
General partnership. A general partnership is the most basic form of partnership. ...Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. ...Limited liability partnership. ...Limited liability limited partnership
Who can provide me some examples of businesses?
Answer:
hi!
Explanation:
you should plan out your bisnuse ! and get your invitory try making cards hope this helps!
3. Which of the following would NOT be a factor that affects which products a retailer chooses
to select to offer in a store?
A. Local customer preferences
B. Manufacturer incentives
C. Employee preferences
D. The store's location
ailor's
Employee choices wouldn't have any influence on the products a retailer selects.
What elements influence retail stores? What are the top five most crucial elements for a retail market?Location, marketing, shop design and appearance, service and selection, and bundle selling are the five pillars of retail success. Let's examine how each of them can assist you in starting a profitable retail business.
What are the seven elements that influence where an industry is located?The seven variables that affect whether or not an industry is established are: the supply of materials, labour, capital, market access, the availability of a plentiful supply of electricity, transport modes like railroads and roads for the road transport of finished goods and raw materials, and the availability of land.
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The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31 Amount Total sales revenue Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis$ Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $1,305,000 450 48 $ 145,000 $ 110,000 $ 75,000 $ 115,000 $ 310,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31 The Alpine House, Inc. Traditional Income Statement Selling and administrative expenses
The traditional income statement for the quarter ended March 31 would include total sales revenue of $1,305,000 and selling and administrative expenses comprising variable selling expenses, variable administrative expenses, total fixed selling expenses, and total fixed administrative expenses.
To prepare the traditional income statement, we start with the total sales revenue of $1,305,000. Then, we calculate the selling and administrative expenses by multiplying the selling price per pair of skis ($450) by the number of pairs sold and adding the variable selling and administrative expenses per pair of skis ($48). We also include the total fixed selling expense ($145,000) and total fixed administrative expense ($110,000).
The beginning merchandise inventory ($75,000), ending merchandise inventory ($115,000), and merchandise purchases ($310,000) are not relevant to the income statement calculation. The final income statement would display the total sales revenue and subtract the selling and administrative expenses to obtain the net income.
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A new business is likely to need what bank service(s)? *
Answer:
Checking Account tell me if i'm wrong
Explanation:
How can I use restorative practices to address and repair harm that I’ve caused, harm done to me, and/or harm done to others by someone other than myself?
This is for bullying
Restorative practices are helpful when a person want to heal oneself from the trauma that is caused by others or by themselves by practicing peaceful mind techniques.
Many peaceful techniques include self introspection and deep knowledge of practices combined together that will ultimately lead to easy and lead to spiritual environment.
Restore practices have a great impact on ones life by someone or spiritual healer that help one to revamp and stop trying to choke oneself. This provide guarantee to heal from past and its experiences.
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If net sales are $600,000 and gross profit is $412,800, what is the gross profit rate?.
If net sales are $600,000 and gross profit is $412,800, the gross profit rate is 68.8%.
Gross Profit: A company's gross profit is calculated by deducting its entire sales from its total cost of products sold. All products sold by the business are included in the overall sales. All of the variable costs related to sales are added together to form the overall cost of the products sold.
How can I determine my gross profit?
Cost of goods sold (COGS) is subtracted from total revenue to determine gross profit. Typically, only variable expenses are taken into account when determining gross profit from COGS. Variable expenses are those that are directly related to output (like material and shipping costs).
What is a gross profit, exactly?
Gross profit, often known as gross income, is calculated by deducting a company's cost of goods sold from its sales (COGS). It is frequently used to assess how effectively a business is controlling labor and resources throughout production.
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Oh.. I found my little kitty when I was Cycling in the park. I heard some noise. It was coming from a Box. When I opened it I saw a cute little kitten inside it. It was a newborn baby So I adopted it .
How a commitment to a decision could assist a school leaver to adapt to the change of entrepreneurship
The commitment to a decision would help the school leaver to focus on a particular goal of entrepreneurship.
What is entrepreneurship?
This is a term that is used to refer to a business owner who is an innovator who is involved in taking risks for the sake of profit.
In order to focus on the goal of entrepreneurship the person must first try to get the niche that he or wants wants to get into.
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What is the major assumption when determining the cost per unit of time to expedite each activity?
The major assumption when determining the cost per unit of time to expedite each activity is that the cost increases linearly with the amount of time saved. This means that for every unit of time you want to save, there is a fixed cost associated with it.
When determining the cost per unit of time to expedite each activity, you need to consider the time required to complete the activity under normal conditions and the time it would take to expedite the activity. The assumption is that there is a direct relationship between the time saved and the cost. In other words, the more time you want to save, the higher the cost will be.
For example, let's say it normally takes 10 hours to complete an activity, but you need it to be done in 5 hours. The assumption is that cutting the time in half will require a certain cost, let's say $100. Now, if you want to expedite the activity further and complete it in 3 hours instead of 5, the assumption is that there will be an additional cost associated with saving those 2 hours.
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a) What is the optimal size of the production run? 4,676 units (round your response to the nearest whole number). b) What is the average holding cost per year? \$ (round your response to two decimal places). C) What is the average setup cost per year? $ (round your response to two decimal places). d) What is the total cost per year, including the cost of the lights? $11,764.10 ⊤
(round your response to two decimal places). Radovilsky Manufacturing Company, in Hayward, Calfomis, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12.500 fashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $48. The cost of each light is $1.05. The holding cost is 50.05 per light per yoat. a) What is the optimal suze of the production run? units (round your response to the nearest whole number).
The optimal size of the production run for Radovilsky Manufacturing Company is approximately 4,676 units.
The optimal size of the production run, we can use the economic order quantity (EOQ) formula:
EOQ = √((2 * D * S) / H)
Where:
EOQ = Economic order quantity (optimal production run size)
D = Annual demand (12,500 units)
S = Setup cost per production run ($48)
H = Holding cost per unit per year ($0.05)
Plugging in the values, we have:
EOQ = √((2 * 12,500 * 48) / 0.05)
EOQ ≈ 4,675.74
Rounding the result to the nearest whole number, the optimal size of the production run is 4,676 units.
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which republicans voted for debt ceiling
Answer:
John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.
What is a plan for how much to spend and how much to save of ones earnings called?
A. a wish list
B. a personal budget
C. a saving account
D. an investment portfolio
Assume that a Parent company owns 80 percent of its Subsidiary. On January 1, 2019, the Parent company had a $300,000 (face) 8 percent bond payable outstanding with a carrying value of $286,800. Several years ago, the bond was originally issued to an unaffiliated company for 92 percent of par value. On January 1, 2019, the Subsidiary acquired the bond for $274,500.
During 2019, the Parent company reported $1,140,000 of (pre-consolidation) income from its own operations (i.e., prior to any equity method adjustments by the Parent company) and after recording interest expense. The Subsidiary reported $330,000 of (pre-consolidation) income from its own operations after recording interest income. Related to the bond during 2019, the parent reported interest expense of $25,800 while the subsidiary reported interest income of $27,000.
Determine the following amounts that will appear in the 2019 consolidated income statement:
Account Amount
a. Interest income from bond investment Answer
b. Interest expense on bond payable Answer
c. Gain (Loss) on constructiveretirement of bond payable. Answer
d. Controlling interest in consolidated net income Answer
e. Noncontrolling interest in consolidated net income Answer
To determine the amounts that will appear in the 2019 consolidated income statement, we need to calculate the relevant figures based on the given information.
a. Interest income from bond investment:
The subsidiary acquired the bond for $274,500 and reported interest income of $27,000.
Since the parent company owns 80% of the subsidiary, the interest income from the bond investment would be:
Interest income = Acquisition price × Ownership percentage × Interest rate
Interest income = $274,500 × 80% × 8% = $17,520
b. Interest expense on bond payable:
The parent company reported interest expense of $25,800 on the bond payable.
Since the parent company owns 80% of the subsidiary, the interest expense on the bond payable would be:
Interest expense = Total interest expense × Ownership percentage = $25,800 × 80% = $20,640
c. Gain (Loss) on constructive retirement of bond payable:
To calculate the gain or loss on constructive retirement of the bond payable, we need to compare the carrying value of the bond ($286,800) with the amount paid by the subsidiary to acquire the bond ($274,500).
Gain (Loss) = Amount paid - Carrying value
Gain (Loss) = $274,500 - $286,800 = -$12,300 (a loss of $12,300)
d. Controlling interest in consolidated net income:
The controlling interest in consolidated net income is calculated by subtracting the noncontrolling interest from the consolidated net income.
Consolidated net income = Parent's pre-consolidation income + Subsidiary's pre-consolidation income
Consolidated net income = $1,140,000 + $330,000 = $1,470,000
Controlling interest in consolidated net income = Consolidated net income × Ownership percentage
Controlling interest = $1,470,000 × 80% = $1,176,000
e. Noncontrolling interest in consolidated net income:
Noncontrolling interest in consolidated net income = Consolidated net income - Controlling interest
Noncontrolling interest = $1,470,000 - $1,176,000 = $294,000
Therefore, the amounts that will appear in the 2019 consolidated income statement are:
a. Interest income from bond investment: $17,520
b. Interest expense on bond payable: $20,640
c. Gain (Loss) on constructive retirement of bond payable: -$12,300
d. Controlling interest in consolidated net income: $1,176,000
e. Noncontrolling interest in consolidated net income: $294,000
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Briefly explain two ethical values that are necessary for all accountants.
Objectivity and independence are important ethical values in the accounting profession. ... Accounting services include general accounting, auditing, tax and management advisory services. Accountants who perform more than one of these services for a client may compromise their objectivity and independence.
Examples of variable costs include all of the following except what?
Examples of variable costs include direct labor, raw materials, and sales commissions. However, one type of cost that is not considered a variable cost is fixed costs.
Variable costs are expenses that change in direct proportion to the level of production or sales. They fluctuate based on the volume of activity or output. Common examples of variable costs include direct labor, raw materials, sales commissions, packaging costs, and shipping costs. These costs increase or decrease as the production or sales volume changes.
On the other hand, fixed costs are expenses that remain constant regardless of the level of production or sales. They do not vary with changes in activity volume. Fixed costs include expenses like rent, salaries of permanent employees, insurance premiums, and equipment depreciation. These costs stay the same regardless of whether the company is producing or selling more or fewer units.
Therefore, when considering examples of variable costs, it is important to understand that fixed costs are not included. Fixed costs are independent of the level of production or sales and do not vary with changes in activity volume.
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Prompt
What is debt?
Answer:
debt is when you spent more money than you had
Can Some people give me brainliest I'll give ya'll all my points when I see it
Answer:
Explanation: why u delete all your questions that u answered for me?
Which of the following would be a business selling the same thing in another country?
if I'm wrong please give more details? and ice cream parlour?
Answer:
I think cafe or Hotel will be the best business in another county.
according to the united nations, what two changes would great ameliorate poverty?
According to the united nations, the two changes would great ameliorate poverty are-
Access to basic servicesOwnership and controlWhen individuals or communities lack the necessary resources for a minimal standard of living, this is referred to as poverty. As a result, their fundamental human needs cannot be satisfied. People and families who are poor may lack access to adequate housing, clean water, wholesome food, and medical care.
The poverty line and the number of people living in poverty may be determined according to different standards in each country. Remember that poverty is a socioeconomic condition caused by various factors, not just income, and that it is important to recognize this. These factors include, among others, racial identity, sexual orientation, and lack of or restricted access to education.
Having no access to basic necessities is a condition known as poverty.
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In order to boost the revenue, the US post office is selling a
new product called "Forever Stamp". Which fund should be used to
recognize these transactions?
General fund
Special funds
Trust funds
The "Forever Stamp" is a product offered by the United States Postal Service (USPS) that allows customers to purchase a stamp at the current postage rate, which can be used for first-class mail regardless of future rate increases.
When it comes to recognizing the transactions related to the sale of "Forever Stamps," the fund that should be used depends on the specific accounting and financial practices of the USPS. Typically, the USPS operates with different funds, including the General Fund, Special Funds, and Trust Funds. The General Fund is the primary operating fund that covers most of the USPS's day-to-day expenses. Special Funds are created for specific purposes, such as the Postal Service Fund, which accounts for revenue from postage and fees.
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A company in California sells a computer program to auto dealers showing that car buyers should finance their purchase rather than paying cash. The program omits the effect of income taxes and misstates the interest earned on savings over the load period. The finance option always provides a net benefit for the cash option. Company employees agree that the program does mislead buyers, but say the company will "provide what (car dealers) want as long as it is not against the law." Is this practice ethical? Is this practice socially responsible?
Answer:
Unethical, but Legal
Explanation:
An action will be deemed as legal if it is performed under the dictate of the law, that is it does not violate the laid down rules and regulations of the court. However, ethical behavior could be interpreted as actions showcased during interpersonal relationships which is usually characterized by fairness, openness, probity and other actions which are morally responsible.
In the scenario described above, the action of the California company in its sale of the computer program is not illegal as it pays in the long run to finance their purchase rather pay cash as advertised,, hence, there isn't an illegal act of lying in this contest. However, the company fails to be transparent enough by concealing the effect of income tax which they feel might put customers off. This action could be deemed as Unethical as probity and openness was not adequately showcased in their dealing with their customers.
Many marketing managers attempt to influence and shape environmental forces. This is known as the.
Many marketing managers attempt to influence and shape environmental forces. This is known as the proactive approach
A proactive approach is one in which actions are taken before a minor difficulty becomes an issue or a problem.
This approach has the advantage of identifying and resolving any difficulty that a customer may encounter and fixing it right away, as well as being faster in having problems resolved. Mangers shape and influence environmental problems.
The business impact of a proactive approach would be minimal because you would have addressed any issues even before they became a problem.
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how do i comment on a question
Answer:
click the three dots in to the corner then press comments.
Define buisness collaboration. What are the things to be considered in buisness collaboration?
Answer:
Is a working practice where people work together for a commonpurpose to a achieve a bussiness benefit. Type of collbration is network, coalitions and movement and public private partnership and collective impact initiatives
Explanation:
This is the best way I can explain it hope this helps u
what is networking why is useful when looking for a job
Answer:
Career networking involves using personal, professional, academic or familial contacts to assist with a job search, achieve career goals, learn more about your field, or another field you'd like to work in. Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
Explanation:
This policy should be framed very cautiously as the unsound policy may bring the life of an enterprise to an end. Identify the policy discussed here and list any 3 facilitating functions of marketing.
Answer:
After closing the accounts of revenues and expenses to Net Income, revenues’ balance is zero
. True
. False
Bro please answer me... And i will try to help you
A suretyship (guaranty) promise to pay the debts of another requires a writing to comply with the statute of frauds in all of the following situations EXCEPT: a.Costco, which has an output contract with Betty's Bakery to buy all of the brownies she can bake, promises to pay Susie's Sugar Shack for the sugar needed by Betty's Bakery should the bakery fail to pay b.27-year-old Sissy's father agrees to pay a mechanic for Sissy's car repairs c.Matthew promises to pay the credit card debt of his friend Alex d.Albert, an executor of the estate of Tillie June, promises to pay Tillie's debts from his own funds
A suretyship (guaranty) promise to pay the debts of another requires a writing to comply with the statute of frauds in all of the following situations except Albert, an executor of the estate of Tillie June, promises to pay Tillie's debts from his own funds.
There is a substantial distinction between sureties and warranties, these two types of security, despite the fact that they are both forms of security for a fundamental duty. In general, guarantees constitute separate primary duties, whereas suretyships create additional obligations.
A suretyship is an agreement made between a creditor, a principle debtor, and a third party who, often as a surety and co-primary debtor, commits himself in whole or in part to the performance of the major debtor's obligations. The surety agrees to pay the creditor in the event that the primary debtor is unable to do so in his individual capacity. Without a main commitment, there can be no certainty.
Option D is the correct answer.
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The complete question is, "A suretyship (guaranty) promise to pay the debts of another requires a writing to comply with the statute of frauds in all of the following situations EXCEPT:
A. Costco, which has an output contract with Betty's Bakery to buy all of the brownies she can bake, promises to pay Susie's Sugar Shack for the sugar needed by Betty's Bakery should the bakery fail to pay.
B. 27-year-old Sissy's father agrees to pay a mechanic for Sissy's car repairs.
C. Matthew promises to pay the credit card debt of his friend Alex.
D. Albert, an executor of the estate of Tillie June, promises to pay Tillie's debts from his own funds. "