The present value of his investment is $113501.94.
What is investment?
An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.
Present Value of an Annuity Due is equal to C + C*[1-(1+i)^-(n-1)]/i]
C = Periodic Cash Flow ($624)
i = interest rate per period =4.2%/12 =0.35%
n=number of period=24×12 =288
= $624+624[1-(1+0.0035)^-(288-1) /0.0035]
= $624+624[1-(1.0035)^-287 /0.0035]
= $624+624[(0.6331)] /0.0035
= $113501.94
As a result, $113501.94 is the correct answer.
Learn more about on present value, here:
https://brainly.com/question/17322936
#SPJ1
Why do you think this language motivated people in the audience like fulcher of chartres to join the crusade? what did the crusade have to offer them?
Crusades had been a chain of spiritual wars among Christians and Muslims commenced in general to steady management of holy sites taken into consideration sacred with the aid of using each group.
What was the purpose of Pope Urban II's speech?Pope Urban II gave the most influential speech of the Middle Ages, giving an upward thrust to the Crusades with the aid of using calling all Christians in Europe to battle in opposition to Muslims so that they can reclaim the Holy Land, with a cry of “Deus vult!” or “God wills it!”
Hence, the language used by Pope Urban II motivated the audience and reclaim the Holy Land, with a cry of “Deus vult!” or “God wills it!”
learn more about Pope Urban II's speech:
https://brainly.com/question/196674
#SPJ1
1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sheet for each company.
There are three main parts of income statements and they are:
RevenueExpensesProfitWhat is an Income Statement?This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.
Hence, we can see that a sample income statement would be:
BOSKA COMPANY
Income statement for August 29, 2021
NET SALES------------------ $2,000,000
GROSS SALES-------------$500,000
GROSS PROFIT-------------$1,5000,000
Read more about income statements here:
https://brainly.com/question/24498019
#SPJ1
Economists believe it is important to make __________ decisions about __________ resources.
Answer:consecutive comcervative
Explanation:
Do you believe that professional groups should be allowed to assign their own professional codes of conduct and police themselves from within? Why or why not?
Professionals should create their own codes of conduct to cover all issues related to their work and the ethics required in each case.
What is a code of conduct?A code of conduct is a series of rules that establish the behaviors, attitudes, procedures, and responsibilities that a professional has regarding their work activity.
According to the above, it can be inferred that the best alternative to create codes of conduct for the different professions is internally, since this will allow the best qualified professionals in each area to establish the ideal parameters that correspond to each profession.
Learn more about professions in: https://brainly.com/question/13228267
#SPJ1
What are the four phases in the project life cycle?
O introduction, planning, production, commencement
O initiation, planning, execution, closing
O planning, preparation, execution, production
O preparation, installation, activation, closing
Answer: b
Explanation:
what could turn out to be risks of an entrepreneurial venture? Choose three
Answer:
There are many risks that could be a result of an entrepreneurial venture such as:
Financial risks
Reputational risks
Cyber security
Political risks
Economic risks
Compliance risks
Operational risks
Explanation:
Assume University Athletic Pharoah Club sells T-shirts for $30 and anticipates selling 6,700 shirts during football season. The club purchases the shirts from a local dealer for $23.00. Budgeted fixed costs of $35,000 are made up of $3,700 of selling expense and the remainder is $17,700 administrative expense. The selling expenses include a sales commission of $0.22 per shirt. All other selling costs are fixed. Prepare an income statement in the contribution margin format.
The preparation of the University Athletic Pharaoh Club's Income Statement in the contribution margin format is as follows:
University Athletic Pharaoh Club
Income StatementFor the football season
Sales Revenue $201,000
Variable cost of sales 155,574
Contribution margin $45,426
Fixed Costs:
Selling and administrative 33,526
Net Income $11,900
Data and Calculations:Sales revenue = $201,000 ($30 x 6,700)
Cost of sales = $155,574 ($23.22 x 6,700)
Fixed Costs = $35,000
Sales commission = $1,474 ($0.22 x 6,700)
Remaining fixed costs = $33,526
Thus, the income statement of University Athletic Pharaoh Club for the football season shows a net income of $11,900.
Learn more about Contribution-Margin Income Statement at https://brainly.com/question/24962994
#SPJ1
ABC has a semi-monthly payroll cycle and a 40 hour standard work week. Sun Mon Tues Wed Thurs Fri Sat "2/28 2 hours" "2/29 8 hours" "3/1 8 hours" "3/2 8 hours" "3/3 8 hours" "3/4 8 hours" "3/5 0 hours" "3/6 2 hours" "3/7 8 hours" "3/8 8 hours" "3/9 8 hours" "3/10 8 hours" "3/11 8 hours" "3/12 0 hours" "3/13 2 hours" "3/14 8 hours" "3/15 8 hours" "3/16 8 hours" "3/17 8 hours" "3/18 8 hours" "3/19 8 hours" 1 What would ABC's total pay hours for March 1 - March 15 pay period? 2 What would ABC's total pay hours for the previous pay period? 3 What would ABC's total pay hours for the next pay period?
Based on the monthly working cycle of ABC and the pay periods in March, the pay hours are:
March 1 - March 15 = 120 hours.Previous pay period = 112 hours.Next pay period = 128 hours.What are the pay hours for ABC?The March 1 to March 15 pay hours would be for 15 days:
= Number of days x average pay
= 15 x 8
= 120 hours
The previous pay period would have been 2 weeks in February which is 14 days:
= 14 x 8
= 112 hours
The next pay period would have to cover the rest of March and so will be from March 16 to March 31 which is 16 days:
= 16 x 8
= 128 hours
Find out more on bi-weekly payroll wages at https://brainly.com/question/9479250.
#SPJ1
Common alcoholic beverages include:
Answer:
Common alcoholic beverages include:VodkaRumBrandyliqueur CordialExplanation:
Its just asking what are the common alcohols.Common alcoholic beverages include: Vodka, Brandy, Cordial, liqueur, and so on.
Tennessee's whisky, a screwdriver, a sex on the beach cocktail, a Moscow mule, a mai tai, a cosmopolitan, a tequila sunrise and a bloody Mary are a few of the widely consumed alcoholic beverages in the United States.
Bacardi rum, Imperial Blue whisky, Officer's Choice whisky, Emperor brandy, Tandy rum, and Smirnoff vodka are only a few of the most well-known alcoholic beverages in the world.
Learn more about on alcoholic, here:
https://brainly.com/question/28448244
#SPJ6
True or false Decentralization refers to the degree to that decision making is concentrated to the top of the organization
Decentralization refers to the degree to that decision-making is concentrated to the top of the organization: False.
What is a decentralized organization?In a decentralized organization, the decision-making authority and power isn't concentrated at the top level (echelon) of the organization.
This ultimately implies that, decentralization refers to the degree to that decision-making is concentrated to all the areas of an organization.
Read more on decentralization here: https://brainly.com/question/23818047
#SPJ1
The correct option is false. Decentralization in organizations in no way involves concentrated decision-making at the top of the organization.
DecentralizationIn the decision-making process of any organization, the process becomes decentralized when everyone in the organization has a say in the decision process. In other words, everyone including those at the bottom of the organization is involved in the decision process.
You can learn more about decentralization here https://brainly.com/question/27661901
#SPJ1
This year you have decided to focus your efforts on marketing to employer group plans. One employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected. What should you do?
The employee should go ahead and call the retirees by explaining to them the features of the group plans selected by the employer.
What is marketing?Marketing is an activity where a company promotes the sale of its goods either through advertisements or retail shopping.
The marketing of employer group plans means convincing retired employers for availing the group plans. This can be done by defining the benefits of taking the plan and inducing them to claim it in personal conversation through phone call mode.
Therefore, calling the selected retired persons would be the act done by the employees towards taking initiative for marketing of group plans given by the employer.
Learn more about the marketing in the related link:
https://brainly.com/question/27155256
#SPJ1
Difference between an
Architect and Engineer
2. Assume that the US economy is producing at its potential GDP when an economic boom (short run event) in both Japan and Europe. This boom results in massive increase in orders for exported goods from the United States.
a. This economic boom in Japan and Europe would cause which curve to shift for AS-AD for the US Economy?
b. Which component of the Expenditure Equation for the US is affected by this boom?
c. What type of macroeconomic equilibrium condition is created by this short run event? (Inflationary gap, recessionary gap or stagflation)
d. Explain the type of fiscal policy that US government would use to bring the economy back to full employment. What curve in the AS-AD would this fiscal policy shift?
e. Explain the type of monetary policy that The Fed would use the bring the economy back to full employment. Hint: ( focus on the Federal Funds Rate and IROB Rate) What curve in the AS-AD would this fiscal policy shift?
which tax reduction is deducted from the amount of tax to be paid?
a.) home mortgage interest
b.) donations to chairty
c.) medical expenses
d.) American opportunity tax credit
Answer:
A
Explanation:
mortgage interest is deductible on a primary home.
Besides lowering price, what actions can Jackie propose to improve contribution margin?
Besides lowering the price, Jackie can improve contribution margin by ensuring that:
Quality remains the same or betterthe company leverages social media marketing which is cheaper than conventional marketing and is better targeted.What does price reduction do?Price reduction (if all other factors remain constant) helps to drive up demand. This is consistent with the Law of Demand in basic Economics.
If Jackie is trying to drive up profit margin, they must thus consider the options given above.
Learn more about lowering prices ta;
https://brainly.com/question/9823637
#SPJ1
According to the 2021 “Development Cost Survey” published by HVS International, the AVERAGE reported development cost for a LUXURY hotel was over $800,000 per key (guest room). Group of answer choices
It is a true statement that the AVERAGE reported development cost for a LUXURY hotel was over $800,000 per key in 2021.
What is a Development costs?This refers to the costs that a business incurs from researching and introducing a new service.
The U.S. Hotel Development Cost Survey 2021-22 shows that the AVERAGE reported development cost for a LUXURY hotel was over $800,000 per key in 2021.
Therefore, the statement is a true statement.
Read more about development cost
brainly.com/question/18685415
#SPJ1
The structure of an industry is changed over time by firms both entering and exiting it. For example, when Apple introduced its iPod, it had a monopoly in this product space since no other manufacturers sold any devices like it. But over time, competitors being lured by profit potentials, introduced their own products such that the industry structure for mp3 players changed from being a monopoly into one that became more competitive as more similar products began appearing in the mp3 player product space.
Smartphones have largely displaced stand-alone mp3 players. Describe the effects of this on the mp3 player industry focusing more on how this industry has changed. Include some discussion of Apple's response to the changing industries conditions over time to as far as what they are more-recently.
The effects of the smartphone industry on mp3 players was that decline in the music player industry has been noticed.
What are smartphones?Smartphones are referred to as electronic devices mainly used to communicate with people. Smartphones make the life of an individual easier by providing facilities with one click.
The majority of companies that produce MP3 players have entered the smartphone market due to the decline in mp3 players. A number of businesses well-known for producing electronic products, such as MP3 players, have now changed their attention to producing smartphones.
As the market conditions changed over time, Apple responded in a way that helped it become one of the top brands known for its innovation. Apple focuses on providing outstanding customer value. Apple shifted its attention to the design and the display to increase customer satisfaction.
Learn more about smartphones, here:
brainly.com/question/14774245
#SPJ1
Leon is a rock climbing enthusiast, and is considering getting a membership at a new rock climbing gym. today, leon climbs at a different gym where on a weekly basis, it costs him $18 per climb for the first three climbs, $8 per climb for the next three climbs, and $5 per climb for any subsequent climbs that week. the cost of the membership at the new gym is $25 a week, regardless of how many times leon climbs at the gym. the new gym leon is considering would also require a locker rental fee of $8 per climb. leon knows that based on the amount he climbs today (approximately 4x per week), it makes more financial sense to move to the membership, however he wants to understand what might happen if he changes his climbing frequency. when will it no longer make financial sense for leon to move to the membership option?
The correct option is C. If he climbs less than three times a week and more than six times a week that make no longer make financial sense for Leon to move to the membership option.
What is a Membership service?
Assisting Enrollees in comprehending CONTRACTOR policies and practices, facilitating referrals to participating specialists, and assisting in the resolution of issues and member complaints are all examples of what is meant by member services.
The complete question is given in the file attached below
Given,
Calculation of Under non-membership according to correct options
Assume If he climb 8 times in week = 3x18 + 3 x 8 + 2 x 5 =$88
Calculation of Under membership
Assume if he climb 8 times in week = $25 + 8 x 8 =$89
Thus, the difference between membership and non-member is $1.
Learn more about membership service here:
https://brainly.com/question/22407767
#SPJ1
Economic decisions involve doing what with resources to produce goods and
services for people to consume?
A. Satisfying
B. Renewing
C. Marginalizing
D. Allocating
___, in the trait approach to leadership, is the correspondence between actions and words.
In the trait approach to leadership, is the correspondence between actions and words is called expectancy.
What is trait approach to leadership?The trait theory of leadership holds that leaders are born with specific traits. In other words, leaders have attributes that can be passed down through generations. Early studies introduced that this philosophy of leadership innately dwells within specific persons.
The trait theory of leadership focuses on the leader and the characteristics he demonstrates. Certain characteristics make leaders more effective. Steve Jobs, for example, was well-known for his charisma. People wanted to follow him because of his ability to passionately communicate his visions.
Therefore, expectancy in the trait approach to leadership, is the correspondence between actions and words.
To learn more on trait approach to leadership, here:
https://brainly.com/question/25937970
#SPJ2
ABC has a semi-monthly payroll cycle and a 40 hour standard work week.
Sun Mon Tues Wed Thurs Fri Sat
"2/28
2 hours" "2/29
8 hours" "3/1
8 hours" "3/2
8 hours" "3/3
8 hours" "3/4
8 hours" "3/5
0 hours"
"3/6
2 hours" "3/7
8 hours" "3/8
8 hours" "3/9
8 hours" "3/10
8 hours" "3/11
8 hours" "3/12
0 hours"
"3/13
2 hours" "3/14
8 hours" "3/15
8 hours" "3/16
8 hours" "3/17
8 hours" "3/18
8 hours" "3/19
8 hours"
1 What would ABC's total pay hours for March 1 - March 15 pay period?
2 What would ABC's total pay hours for the previous pay period?
3 What would ABC's total pay hours for the next pay period?
Based on the average working hours of ABC, their total pay hours would be:
March 1 - March 15 = 120 hours. Previous pay period = 112 hours. Next pay period = 128 hours. What are ABC's pay hours?ABC pay hours are an average of 8 hours a day. For work done from March 1 to March 15, the pay hours would be:
= 8 x 15
= 120 hours
ABC pays on a bi-weekly basis which means that the previous pay period was most like 14 days:
= 14 x 8
= 112 hours
The next pay period will most likely be 16 days in order to cover the rest of March from the 16th to the 31st:
= 16 x 8
= 128 hours
Find out more on biweekly payroll cycles at https://brainly.com/question/9479250.
#SPJ1
how does a cookie work?
I believe you eat it.
A cookie is a file that a website you visited saves to your computer's hard drive. When you return to the website later, it will be able to look at that file and recall what you had previously entered. The cookie often contains data such as your user name, the goods you looked at, and the settings you selected on the website. Some people want to deactivate cookies for all websites or only those they don't trust. .Cookies are beneficial because they help websites remember and monitor users without the need for a large database or server. Cookies are harmful because they could include information about you that you don't want other websites or hackers to know. Some people want to deactivate cookies for all websites or only those they don't trust. Additionally, it's not a terrible idea to occasionally erase all of your cookies or allow your firewall or anti-virus software wipe them up. A Stateless Protocol is what the web's primary language, HTML, is. Simply put, this basically implies that no data is kept between page loads. If cookies didn't exist, it would be difficult to continue to be logged in to a website. When you log in to a website (or even just visit, depending on the data they gather), a cookie is sent to your computer and kept there. All subsequent queries to that website made by your browser will include that cookie. The website recognizes you even if you are still on the other side of the connection thanks to the cookie value. Cookies are what allow the website to recognize you, and they may also be used to store and transmit information back to the website.
12/25
If you pay off only the amount owed on your credit card each month, but
don't pay it off completely, what's that called?
A
B
с
Making your minimum payment.
Paying your balance.
Making your interest-avoidance payment.
Paying your dues.
Answer:
A
Explanation:
After earning his diploma, Bruce was hired as a junior accountant by Cargo Wholesale Inc. He received favourable assessment letters and salary increases after year one and two. At the end of his third year, he received his final paycheque with a letter stating that he was dismissed for incompetence. What points might Bruce argue to show that he was wrongfully dismissed?
The inference is that Bruce can qrgue to show that he was wrongfully dismissed by stating that the favourable assessment letters showed that he was competent.
What is an inference?An inference simply means the conclusion that can be deduced based on the information given in a story.
In this case, the inference is that Bruce can qrgue to show that he was wrongfully dismissed by stating that the favourable assessment letters showed that he was competent.
Learn more about inference on:
brainly.com/question/25280941
#SPJ1
Which of the following statements is FALSE? O The relative frequency of selecting a red card changes with the increase in number of selections. For a given number of selections, we can use Joseph's graph to find the number of diamonds that he has picked so far. O This is an example of the law of large numbers. The theoretical probability for selecting a red card in each pick is 0.5. SAVE & CONTINUE Report an issue with this question Which of the following statements is FALSE ? O The relative frequency of selecting a red card changes with the increase in number of selections . For a given number of selections , we can use Joseph's graph to find the number of diamonds that he has picked so far . O This is an example of the law of large numbers . The theoretical probability for selecting a red card in each pick is 0.5 . SAVE & CONTINUE Report an issue with this question
Option A. The given false statement that has been made here is s option A. For a given number of selections, we can use Joseph's graph to find the number of diamonds picked so far.
How is this statement false?The red card is known to be made up of the hearts and the diamonds combined. Joseph has made a graph for only the reds. He did not make one separately for the red suits
This tells us that he cannot determine the hearts and the diamonds from the graph that he has made.
Read more on relative frequency here:
https://brainly.com/question/3857836
#SPJ1
The vision of an organization is vital for any organization but it is almost unachievable.
Critically evaluate this statement.
The vision of an organization is vital for any organization but it is almost unachievable and majority of organizational visions fails in it as they are rational, time-bound and highly impersonal.
Why is a vision important to any organization?A vision is really important for any organization because it serves as a strategic plan for success.
Vision provides the focus and direction, that helps to align everyone with the organization in order to achieve the desired goal.
It helps to increase efficiency and productivity in the organization.
Learn more about the vision of an organization here:-
https://brainly.com/question/9121341
#SPJ1
Assume that at the end of 2017, Crane used $2,460 cash to pay off $2,460 of accounts payable. How would the current ratio and working capital have changed? (
There will be a decrease in the current ratio and no change in working capital when the cash is paid for the accounts payable.
What is current ratio?The current ratio is the ratio analytical tool that determines the position of an organization to fulfill the demands of its short-term capital and fund requirements during the current financial year or period.
The current ratio is negatively affected by the use of cash to pay the liabilities like payables and short term loans. However, there is no such effect on the working capital when cash is used for the same.
Hence, option A holds true regarding the effect on current ratio and the working capital of Crane is aforementioned. The complete question has been attached as an image for better reference.
Learn more about current ratio here:
https://brainly.com/question/14203631
#SPJ1
ASAP WILL GIVE BRAINLEST
You find an error on your credit report: your credit card account indicates that you are 60 days late on your payment but you have bank records indicating that you have always made on-time paymentsWhat should you do FIRST
A.)Contact the credit card company to have them fix it
B.)Contact the credit reporting agency
C.)Wait a few weeks to see if it gets resolved
D.)Call the police to report the possible identity theft
Answer:
A
Explanation: The answer is A because you need to contact the credit card company as fast as possible.
Answer:
The answer is B, not A
Explanation:
It's B because you must contact the credit reporting agency as fast as possible
Break-Even Analysis. Help needed please!
Explanation:
break events points is a situation whereby there is no profit or loss
the formula for break even point is fixed cost divided by contribution
break even points = fixed cost
_________
contribution
contribution = revenue - variable cost
examples of variable cost had been given in the picture you sent which are rent,insurance,administrative etc
This introduces an applicant and the applicant’s résumé to a potential employer:
a.
Personal Goal Statement
b.
Cover Letter
c.
Job Application
d.
Reference
Answer:
B cover letter
Explanation:
The cover letter introduces an applicant and the applicant’s resume to a potential employer. Thus, option B is the correct option.
A cover letter is a formal document that introduces an applicant and their resume to a potential employer. It serves as a personalized introduction, highlighting the applicant's interest in the position and showcasing their relevant skills and qualifications. The cover letter aims to make a strong first impression, demonstrating the candidate's enthusiasm for the role and how their experience aligns with the company's needs.
It complements the resume by providing additional context and explaining key achievements. A well-crafted cover letter can capture the employer's attention and increase the chances of the applicant being considered for the job opportunity.
Thus, option B is the correct option.
Learn more about the cover letter here:
https://brainly.com/question/10626764
#SPJ3