Business, 03.07.2020 19:01 angieboyd1pe3jme
Congratulations, you have won the California State Lottery. Lottery officials are giving you a choice of payment options. You will need to choose from one of the following streams. Assume at 5% interest rate for all scenarios.
Option 1
Immediate payment of $1,000,000
Option 2
10 annual installments of $120,000
Option 3
$2,650,000 paid at the end of 20 years
Option 4
20 annual installments of $80,000
Option 5
5 annual installments of $100,000 plus a lump sum of $750,000 at the end of 5 years
Consider these options without referencing the calculation methods presented in the Chapter 12 Appendix.
Which options will result in receiving the most cash? Which option do you think you should choose and why? Which will be the least favorable option and why?
Answers: 3
Business, 22.06.2019 17:00, kiahbryant12
Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?
Answers: 2
Business, 22.06.2019 22:10, tilsendt
Scoresby co. uses 6 machine hours and 2 direct labor hours to produce product x. it uses 8 machine hours and 16 direct labor hours to produce product y. scoresby's assembly and finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. how much overhead cost will be charged to the two products? a. product x = $1,440; product y = $2,560 b. product x = $1,760; product y = $4,480 c. product x = $3,200; product y = $9,600 d. product x = $800; product y = $800
Answers: 1
Business, 23.06.2019 10:00, cassiegagnier73
In two or three sentences describe how open market
Answers: 1
Congratulations, you have won the California State Lottery. Lottery officials are giving you a choic...
Mathematics, 12.10.2020 19:01
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