Find present value of cash flows-discounted at four percent
Joseph has just accepted a job as a stockbroker. He estimates his gross pay eah year for the next 3 years is $35.00 in 1 year, $21,000 in year 2, and $32,000 in year 3. What is the present value of these cash flows if they are discounted at 4%?
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Catseye Marble Co is thinking of replacing a manual production process with a machine. The manual process requires three relatively unskilled workers and a supervisor.
For this assignment, you are to create a poster using Pop art or Op Art influences. Research the following artists for inspiration:
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Snake Creek Company has one trusted employee who, as the owner said, handles all of the book-keeping and paperwork for the company. This employee is responsible for counting, verifying, and recording cash receipts and payments.
He estimates his gross pay eah year for the next 3 years is $35.00 in 1 year, $21,000 in year 2, and $32,000 in year 3. What is the present value of these cash flows if they are discounted at 4%?
Flyer estimates bad debt expense assuming that 1.5% of credit sales have historically been uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded?
Optic Matrix Inc. plans 3,200 hours of production for the Yokohama cell for the year. The materials cost is $125 per instrument assembly. Each assembly requires 24 minutes of cell assembly time.
The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhad and $1.30 for fixed overhead) based on 100% capacity of 80,000 machine hours.
Imagine that you run a photography printing store. Your employees have been using punch cards for time entry since you started the business. This has lead to many problems including lost cards.
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