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Questions -
Q1. Frances (an altruist by profession) wants to set up a fund to provide a half-yearly scholarship of $4,750 in perpetuity. Calculate the amount that should be deposited into the fund on 17 December 2021 if scholarships are paid half-yearly starting on 17 June 2025 and the fund can be assumed to earn a nominal rate of 13.6% pa compounded half-yearly. Give your answer in dollars and cents to the nearest cent.
Q2. Winy wants to set up a fund to provide a half-yearly scholarship of $1,750 in perpetuity. Calculate how much should be deposited into the fund on 19 May 2021 if scholarships are paid half-yearly starting on 19 May 2025 and the fund can be assumed to earn 2.2% pa compounding half-yearly. Give your answer in dollars and cents to the nearest cent.
Q3. If a perpetuity paying $201.60 at the end of each half-year has a present value of $4,000, find the rate of interest per annum. Give your answer as a percentage per annum to 2 decimal places.
Over the last 10 years, Australia's higher education sector has experienced a period of great prosperity. Much of this growth has been attributed to the revenue generated from international student enrolments
Actual production figures for the past year were as follows.
identify a company that is using a multimarket strategy. post a one-two paragraph summary that describes the overall
In its income statement for the year, what amount should Strand report as total infrequent losses that are not considered extraordinary?
Elaine did not recognize any gains as a result of the distributions. Calculate Elaine's current basis in her partnership interest
mortization adjustment for the period. Make any adjustments as necessary for 20%. This is for Office Furniture. This is for the year ended October
The budgeted supplies cost is $6.20 per machine-hour. The actual supplies cost for the month was $234,614. The variable overhead efficiency variance for supplies cost is ?
This game is similar to empire-building game; however, focus of line leaders is solely on attaining a greater portion of the operational budget and effectively crowding out other aspects of the firm. The emergency services director that seeks to u..
Actual machine hours are 90,000. If Lisa Inc. allocates overhead based on direct labor hours, what is the predetermined manufacturng overhead rate
Determine the amounts that should be allocated to Salem Company's assets on the consolidated financial statements workpaper on January 1, 2020
Which stakeholders might be affected by the decision against early implementation? (CMA adapted)
Each share had a market value of P130 and each right had a market value of P20 on the date of issue. What total cost should be recorded
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