The City of Raylan has a rather large warehouse that it no longer needs. The city had previously used the warehouse to store supplies and equipment for the school system, police department, and other public service functions. It has a remaining expected life of 18 years with no expected residual value. On January 1, 2020, the warehouse has a net book value of $1. 4 million. On that date, city officials agree to lease the property to Acme International for its remaining life. Both parties agree to an implicit interest rate of 12 percent. The first payment is to be made immediately and on each subsequent January 1. The straight-line method is used where an allocation method is required. Assume that the present value of an annuity due of $1 at a 12 percent annual rate for 18 periods is 8. 11963. Based on that assumption, what amount does the City of Raylan charge Acme each period
Answers
The City of Raylan would charge Acme International $11,387,482 per period as lease payment for the warehouse for its remaining life
To calculate the lease payment using the straight-line method, we need to determine the cost of the asset, its useful life, and the implicit interest rate. Given:
Cost of the asset (net book value) = $1.4 million
Useful life of the asset = 18 years
Implicit interest rate = 12%
We can calculate the annual lease payment using the present value of an annuity due formula:
Annual lease payment = Cost of the asset x Implicit interest rate factor
= $1.4 million x (PVAD due factor for 18 periods at 12% rate)
= $1.4 million x 8.11963
= $11,387,482
Dividing the annual lease payment by the number of periods in a year (1), the lease payment per period is:
Lease payment per period = Annual lease payment / Number of periods per year
= $11,387,482 / 1
= $11,387,482
Therefore, the City of Raylan would charge Acme International $11,387,482 per period to lease the warehouse for its remaining life. Note that this assumes that the lease payments are made annually, starting immediately, and that the straight-line method is used to allocate the lease payments over the useful life of the asset.
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Related Questions
5. Give an example of 'Post Purchase Behavior being important in the buying
process of an individual buyer.
Answers
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
This would be my example of Post Purchase Behavior being important in the buying process of an individual buyer.
When an individual buys a car, the seller usually shows a great attitude to take care of the client, he continually answers questions and facilitates the process. But the deal is done, it seems that the salesman and the company automatically disappear.
Post Purchase Behavior is important in the buying process of an individual buyer because it really shows the interest and the willingness of the company to take care of their clients. Here is when the salesman or the customer care agent follows up and offers the client a series of services or options to make the client feel comfortable and assure him that he did the best purchase.
The customer care agent can frequently call the client or contact him through email, to ask about how he feels with his new car, if he has encountered any problems if the company can be of help, maybe offering the client a "thank you gift" to create a loyalty bond, and more.
Which of the following is the last section on most job applications?
References
Personal Information
Signature
Job-related questions
Answers
Signature this is to clarify and confirm who the person is thats writing the application
The following is the last section on most job applications: Signature. Thus option (C) is correct.
What is job?A job is a type of employment where a person works in exchange for payment or compensation. Jobs can come in various forms, including full-time, part-time, temporary, freelance, and contract work.
The tasks and responsibilities of a job vary depending on the industry, company, and position, but generally involve using one's skills and knowledge to complete assigned tasks or projects.
Jobs can be found in various sectors, including healthcare, finance, education, technology, and manufacturing, digital marketing and digital gaming among others at national and international level.
The Signature is the last section on most job applications. Therefore, option (C) is correct.
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life is not a bed of roses claim of fact
Answers
Answer:
um I'm not sure I understand
Explanation:
The infant-industry argument a. has the support of most economists. b. is based on the belief that protecting industries when they are young will pay off later. c. is based on the belief that protecting industries producing goods and services for infants is necessary if a country is to have healthy children. d. is an argument that is advanced by advocates of free trade.
Answers
Answer:
b. is based on the belief that protecting industries when they are young will pay off later.
Explanation:
The infant-industry argument is an international trade theory meant to protect industries in their early stages of development from competition from foreign firms. it is not advanced by advocates of free trade.
the theory postulates that infant indtureist be protected from competiton by various tariffs and laws that would discourage import
Vanessa jones, an african american chemical engineer, filed a racial discrimination suit against the pvm corporation based on her not being offered a job for which she had applied. During the court hearing on the case, pvm management admitted that one of the selection tests it used may have discriminated against vanessa, although it claimed they still would not have hired her even without her score on the selection test in question. This is an example of what type of illegal discrimination?.
Answers
This is an example of what type of illegal discrimination is Mixed Motive. Mixed-motive In a mixed-motive case, the suspect acknowledges that some discriminatory motive existed.
An employment discrimination case during which there's proof that the litigator leader had both lawful and discriminatory reasons for taking a selected adverse employment action.
The 3 main components of promotional material are much as recent as society: informing individuals, persuading individuals, or desegregating individuals with individuals.
The mixed motive model refers to the development of packaging individuals being intended by each their loyalty to their organization and by the public stricken by behaviors of the organization that uses them.
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What is meaning of external auditor?
Answers
The meaning of external auditor refers to financial record in a company.
The external auditor refers to inspect client accounting records and express an opinion as to whether its financial statements are presented fairly in accordance with the applicable accounting standards of the entity.
Example of external auditor Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
The Generally Accepted Accounting Principles is a collection of the commonly-followed accounting rules and standards for financial reporting. The four principles of GAAP are the cost principle, the revenue principle, the matching principle and the disclosure principle.
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What is everyone planning to do this summer?
Answers
Answer:
read, relax, try to sleep in as long as I want, work out, and eat lol
have a good day :)
Explanation:
Colorado Corporation was organized at the beginning of the year, with the investment of $250,000 in cash by its stockholders. The company immediately purchased an office building for $300,000, paying $210,000 in cash and signing a three-year promissory note for the balance. Colorado signed a five-year, $60,000 promissory note at a local bank during the year and received cash in the same amount. During its first year, Colorado collected $93,970 from its customers. It paid $65,600 for inventory, $20,400 in salaries and wages, and another $3,100 in taxes. Colorado paid $5,600 in cash dividends.
Required:
1. Prepare a statement of cash flows for the year.
2. What does this statement tell you that an income statement does not?
Answers
Based on the given figures for Colorado Corporation, the statement of cash flows for the year would be:
Cash flow for Operating Activities
Cash from customers 93,970
Less:
Cash for inventory 65,600
Salaries and Wages 20,400
Taxes 3,100 ( 89,100)
Net Cash from Operating Activities 4,870
Cash flow from Investing Activities
Purchase of office building (210,000)
Net cash used for Investing Activities (210,000)
Cash flow from Financing Activities
Issuance of Common stock 250,000
Note Payable 60,000
Dividend payment (5,600)
Net cash from Financing Activities 304,400
Net increase in cash 99,270
Opening cash balance 0
Closing cash balance 99,270
What does the statement of cash flows show?It shows transactions that involve actual cash being spent or gained by the company.
This allows Colorado Corporation to know the actual amount of cash it has for operations.
An Income statement on the other hand, shows the transactions that a business gets involved in regardless of whether they involve actual cash or not. This means that it cannot show the actual amount of cash that a business has.
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Consider a simple economy that produces only pies. The following table contains information on the economy's money supply, velocity of money, price level, and output. For example, in 2019, the money supply was $360, the price of a pie was $9.00, and the economy produced 800 pies.
Answers
The velocity of money in 2019 based on the information will be 20 and the nominal GDP is $7200.
From the complete information, the velocity will be calculated thus:
= Price level × Quantity / Quantity of money
= (9 × 800) / 360.
= 20
The nominal GDP will be:
= Price level × Quantity
= 9 × $800
= $7200
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What is TRUE about non-depository financial institutions?
Answers
Non-Depository financial institutions are those institutions that provide various financial assistance. These institutions serves as an intermediaries between borrowers and savers. ... The non-depository financial institutions include commercial banks, credit unions, and saving banks. Therefore, option D is correct
1.A common reason for a business to invest in debt or equity
securities would be ________.
A.
to generate investment income
B.
to invest short-term, excess cash
C.
to pursue certain bus
Answers
A common reason for a business to invest in debt or equity securities would be:
a. to generate investment income.
Why do businesses invest in debt or equity securities to earn returns?Businesses invest in debt or equity securities to generate investment income. These securities provide opportunities for businesses to earn interest payments on debt securities or dividends and capital gains on equity securities. By investing their excess cash or idle funds, businesses can maximize their financial resources and potentially increase their overall profitability. Investing in securities allows businesses to put their available capital to work and generate additional income streams, complementing their core operations. It also helps in diversifying their investment portfolio, spreading the risk and potentially enhancing returns.
Therefore the correct answer is a. to generate investment income.
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Select the correct answer.
Sheryl is a homemaker living with her husband and her two sons in Texas. Her sons are fond of playing with lawn darts. However, one day, while
playing with lawn darts, the younger son accidently steps on a dart and injures his foot. Sheryl then finds out that lawn darts are banned in the
US. Which federal agency do you think may have banned the sale of sharp, metal lawn darts?
OA
Securities and Exchange Commission
B.
Environmental Protection Agency
OC Food and Drug Administration
OD.
Reset
Next
Consumer Product Safety Commission
Answers
Answer:
The answer is Securities and Exchange Commission.
why would the stock exchange insist that all companies abide by a strict code of rules and procedures??
Answers
To guarantee honest and open trading methods for all investors, the stock market requires that all businesses adhere to a stringent code of regulations and rules.
How does stock exchange market works?To guarantee honest and open trading methods for all investors, the stock market requires that all businesses adhere to a stringent code of regulations and rules. This supports market confidence and preserves the credibility of the stock market. Companies that adhere to these guidelines and practises give investors accurate and timely information, ensuring that all stakeholders have the same access to information. This aids in preventing market manipulation and other unethical actions that can endanger investors. Additionally, by regulating the behaviour of businesses and their leaders, these rules and processes serve to ensure that they behave in the most beneficial way for shareholders and the marketplace as a whole.
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A businesswoman logs time in an airliner and a rental car to
reach her destination. The total trip is 1, 100m , the plane
averaging 600mi / h and the car 50mi / h . How long is spent in the
automobile
Answers
The businesswoman spends 12 hours in the automobile.
To determine the time spent in the automobile, we need to find the difference between the total trip time and the time spent in the airliner. The total trip distance is 1,100 miles, and the airplane travels at an average speed of 600 miles per hour. Therefore, the time spent in the airliner can be calculated as 1,100 miles divided by 600 miles per hour, which is approximately 1.83 hours.
Next, we subtract the time spent in the airliner from the total trip time. The total trip time is given in hours, so we have 1.83 hours subtracted from the total trip time. This gives us approximately 12 hours spent in the automobile.
Therefore, the businesswoman spends approximately 12 hours in the automobile for her trip.
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QUESTION 6 of 10: A response to an employee's idea:
a) Is always provided in written form
b) Is only provided with a management sponsor
c) May require testing the idea before being accepted
Answers
A reply to a suggestion made by a worker. Before being approved, the concept might need to be tested.
Which word should I use: workers or employees'?Add a apostrophe and a s to show that singular nouns are in possession. Add simply an apostrophe to show possession when using plural verbs ending in s, as in four employee paychecks with two boss suggestions.
Can we say "workers"?“Employees'.” The singular possessive word "employee's" denotes something that only one employee possesses. If there are several employees, they are referred to as "employees," and everything that numerous employees own is referred to using the possessive pronoun form "employees'."
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companies develop strategy, on a large scale, for future growth or long-term success. strategy development, on smaller scales, at the functional level, can detail and goals.
Answers
Companies develop strategies at large scales for long-term growth and functional objectives, aligning overall direction with company needs and functions.
At the macro level, strategy development involves formulating a comprehensive plan that outlines the overall direction, objectives, and initiatives of a company to achieve long-term success.
This large-scale strategy considers factors such as market dynamics, competitive landscape, technological advancements, and customer needs.
It helps companies define their vision, mission, and core values and lays out a roadmap for achieving their desired outcomes.
On the other hand, strategy development at the functional level focuses on specific areas or departments within the organization.
Functional strategies are developed to address the unique goals and challenges of each area, such as marketing, operations, finance, or human resources.
These strategies outline the specific actions, tactics, and goals that will enable each function to contribute effectively to the overall organizational strategy.
Functional strategies take into account the resources, capabilities, and competitive advantages of each area, ensuring alignment with the broader strategic direction.
By integrating strategy development at both the macro and functional levels, companies can create a cohesive and coordinated approach to achieving their overall objectives.
The large-scale strategy sets the foundation and provides a framework for the functional strategies, ensuring that all efforts are aligned toward the company's long-term success.
This holistic approach enables organizations to adapt to changing market conditions, capitalize on opportunities, and drive growth and competitiveness in the marketplace.
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Do you agree that employers should be required by law to provide workers compensation insurance? Why or why not?
Answers
Rick Mueller insures his house for $88,500. A. Since the contents are automatically insured for 50% of
the total insurance on the house, what is the amount the contents are insured for? b. If Rick's insurance
company charges $0. 53 per $100 for the policy, what will be the annual premium?
Answers
The amount the contents are insured for based on the insurance done by Rick will be $44250.
How to calculate the insurance?From the information given, Rick Mueller insures his house for $88,500 and the contents are automatically insured for 50% of the total insurance on the house.
Therefore, the amount will be:
= 50% × $88500
= $44250
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URGENT
In which situation is a country most likely to choose a fixed exchange rate for its currency?
A. A country expects its currency to be more valuable than other countries’ currency.
B. A country is confident that its currency’s market value will remain steady over time.
C. A country that ants to encourage other countries to freely buy and sell its currency.
D. A country wants to make sure that it’s currency is stable in all economic situations.
Answers
Answer:
D. A country wants to make sure that its currency is stable in all economic situations.
Explanation:
In the given options, the situation where a country is most likely to choose a fixed exchange rate for its currency is:
D. A country wants to make sure that its currency is stable in all economic situations.
Choosing a fixed exchange rate allows a country to maintain stability in its currency value and minimize fluctuations. It provides certainty for trade and investment by ensuring that the exchange rate remains constant and predictable. This can be particularly advantageous for countries that want to promote economic stability and attract foreign investment.
Which of the following is NOT Considered personal information?
O a) Social Security number
Ob) Date of Bith
Oc) Place of employment
O d) Credit card number
Answers
Answer: NOne of the above. Or C Place of employement
Explanation:
The personal information that does not consider is the place of employment.
The following things should be considered for personal information:
The number of social security.The date of birth.The credit card number.Personal information refers to the information that does not share with anyone as it is safe and secure data that should be kept with the person only.
Therefore we can conclude that the personal information that does not consider is the place of employment.
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Which is an argument against the use of the ability-to-pay principal of taxation? (Select 1) It is difficult to determine who receives benefits from government spending. People are not willing to pay unless they receive something in return. People who earn more money have benefitted more from society. It reduces the incentive to work hard and take risks to succeed.
Answers
Answer:
It reduces the incentive to work hard and take risks to succeed
Explanation:
The argument against the use of the ability-to-pay principal of taxation is that It reduces the incentive to work hard and make more money and take risks to succeed .
Although Ability to pay principal of taxation believe that a person or an individual tax should depend on what the tax will tend to create to such individual when compared to the wealth of that individual, but many people argue that there should be equity , meaning everybody should pay the same tax rate in such a way that a person or an individual tax rate should not be higher or lesser than another person tax rate.
The term “By Returns” and a corresponding credit of $80 on a statement of account mean that a sum of $80 was:
a) Paid to the seller
b) Paid to the buyer
c) Added to the amount owing
d) Deducted from the amount owing
Answers
Answer:
d) Deducted from the amount owing
Explanation:
Returns refer to the goods previously sold to a customer, but the buyer has since rejected them and returned them to the seller. A buyer may reject goods due to various reasons, such as the goods being defective.
When a buyer rejects and returns goods, they are not expected to pay for them. The seller issues a credit note worth the goods returned. That amount is deducted from the invoice issued to the buyer.
b Identify and explain two reasons why the primary sector is relatively more Important to Botswana than India.
Answers
Answer: The primary sector refers to industries that are involved in the extraction of natural resources and the production of raw materials. This sector includes activities such as agriculture, forestry, fishing, mining, and oil and gas production.
In Botswana, the primary sector is relatively more important than it is in India for several reasons:
Explanation:
1. Dependence on Natural Resources: Botswana is heavily dependent on its natural resources, particularly diamonds, which account for over 70% of the country's exports. The primary sector plays a crucial role in the country's economy, and its importance is reflected in the high levels of investment in the sector.
2. Agriculture and Livestock Production: While agriculture and livestock production plays a relatively minor role in India's economy, they are significant in Botswana, where they provide food and income for a large number of rural households.
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Do the below stock analysis, and state why this is good investment* no plagiarism
1. Capital Group Growth ETF (CGGR)
i) Economic analysis
ii) Industry analysis
iii) Company analysis
2. iShares Semiconductor ETF (SOXX)
i) Economic analysis
ii) Industry analysis
iii) Company analysis
3. SPDR S&P 500 ETF Trust (SPY)
i) Economic analysis
ii) Industry analysis
iii) Company analysis
4. Vanguard Intermediate-Term Corporate Bond ETF
i) Economic analysis
ii) Industry analysis
iii) Company analysis
Answers
1. Capital Group Growth ETF (CGGR)i) Economic analysis: From an economic standpoint, the Capital Group Growth ETF has a positive outlook due to its investment in several large corporations that have the potential to benefit from growth opportunities in the future.
ii) Industry analysis: The CGGR invests in a range of industries, including technology, healthcare, consumer discretionary, and communication services, making it a good option for investors looking for a diversified portfolio.iii) Company analysis: Furthermore, CGGR invests in a variety of well-established companies such as Microsoft, Visa, and Nvidia, which have a strong track record of delivering strong returns.2. iShares Semiconductor ETF (SOXX)i) Economic analysis: The iShares Semiconductor ETF has a positive economic outlook due to its investments in companies that are benefiting from strong global demand for semiconductors, which are used in a variety of products such as smartphones, computers, and automobiles.
ii) Industry analysis:The semiconductor industry is poised for growth due to the increasing demand for electronic devices that use semiconductors.
The SOXX ETF has a diversified portfolio of semiconductor companies that are well-positioned to benefit from this trend.iii) Company analysis: SOXX invests in companies such as Intel, Nvidia, and Advanced Micro Devices, which are leading manufacturers of semiconductors and have a track record of strong performance.3. SPDR S&P 500 ETF Trust (SPY)i)
Economic analysis:From an economic perspective, the SPDR S&P 500 ETF is a good investment because it invests in the 500 largest publicly traded companies in the United States, providing diversified exposure to the US stock market.
ii) Industry analysis:The SPY ETF provides exposure to a range of industries, including technology, healthcare, financials, and consumer discretionary, among others. As such, it is a good option for investors seeking a diversified portfolio.
iii) Company analysis:The SPY ETF invests in several well-established companies such as Microsoft, Apple, and Amazon, which have a strong track record of delivering strong returns.
4. Vanguard Intermediate-Term Corporate Bond ETFi) Economic analysis:
From an economic standpoint, the Vanguard Intermediate-Term Corporate Bond ETF is a good investment because it invests in investment-grade corporate bonds that provide a steady stream of income.ii) Industry analysis: The Vanguard Intermediate-Term Corporate Bond ETF invests in a range of industries, including healthcare, technology, and financials.
iii) Company analysis: The ETF invests in several large corporations such as Verizon and Citigroup, which have a strong track record of delivering stable returns through their corporate bonds.
Overall, this is a good option for investors looking for a stable, fixed-income investment.
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Over the past five years, an investor's portfolio has shown returns of 6%, 4%, 11%, 10%, and 4%. Which of the following statements is correct?
I. The mean return is 7%
II. The median return is 6%
III. The mode is 4%
IV. The range is 7%
Answers
Over the past five years, an investor's portfolio has shown returns of 6%, 4%, 11%, 10%, and 4%. The mean is a measure of central tendency that refers to the average value of a set of data. To calculate the mean, the sum of all data points in a set is divided by the total number of data points in that set.I.
The mean return is 7%This statement is not correct. This is because the average or mean return is equal to the sum of all returns divided by the number of returns. The mean return is therefore (6+4+11+10+4) / 5 = 7. This means that the statement is correct.II. The median return is 6%This statement is not correct. This is because the median is the middle value when a set of data is ordered from lowest to highest. Therefore, the median return is 6%.III. The mode is 4%This statement is correct.
The mode is the value that appears most frequently in a data set. In this case, 4% appears twice while all other values only appear once, thus the mode is 4%.IV. The range is 7%This statement is not correct. This is because the range is the difference between the highest and the lowest value in a data set. Therefore, the range is 11 - 4 = 7. Hence, the statement is correct.The correct statement among the options given isI. The mean return is 7%.III. The mode is 4%.IV. The range is 7%.
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Pete's, a manufacturer of hygiene and personal care products, launched a new toothpaste, "tidy," that claims to be more effective in maintaining oral hygiene than other brands. the advertisements for tidy provide valid research information. which executional style of advertising is pete's using?
Answers
The executional style of advertising pete's used was scientific executional style.
What is scientific executional style?It used research findings and results to backup product.
This serve as a selling point as people are interested in having knowledge about the product they want to buy.
Therefore,The executional style of advertising pete's used was scientific executional style.
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When creating a plan for
you would likely ask yourself what expenses you anticipate and what regular debt payments you need to make.
O A. protecting your assets
OB. managing your income
O C. investing
OD. financing
Answers
Answer:
D
Explanation:
why does airline management keep their financial date secret
Answers
Because their clients are price sensitive and unable to commit to a precise time or date, airline management primarily hides its financial information.
Price sensitivity is the degree to which demand varies as a good or service's price changes. The price elasticity of demand is a common way to gauge price sensitivity because it implies that certain consumers won't pay more if a cheaper option is offered. How much importance consumers place on price in relation to other selection criteria determines how sensitively priced a product is. Some people could value quality over money, which makes them less price sensitive. Price sensitivity varies greatly. It is influenced by the kinds of goods and services you provide, your clientele, and market-wide elements including social and economic trends.
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What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Answers
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
Which of the following motivators is the most basic need in Maslow's hierarchy? A. Safety B. Belonging C. Physiological D. Esteem E. Self-actualization
Answers
The most basic need in Maslow's hierarchy is Physiological needs. Option C is the correct answer.
In Maslow's hierarchy, physiological requirements are the most fundamental. For physical survival, people require certain necessities. Air, food, water, clothing, warmth, sleep, and health are a few examples.
Your body cannot operate normally if you don't meet these demands. Because you can't meet the other requirements until your physiological ones are met, they are regarded as being the most important. At this level, a person's natural will to survive serves as their motivator.
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