Shelton enterprises is expecting tremendous growth from its newest boutique store. next year the store is expected to bring in net cash flows of $675,000. the company expects its earnings to grow annually at a rate of 13 percent for the next 15 years. what is the present value of this growing annuity if the firm uses a discount rate of 18 percent on its investments? (round to the nearest dollar.)

a) $6,448,519
b) $5,478,320
c) $6,750,000
d) $7,115,449

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false

Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?