Ms. Smith has two grandchildren, Adam and Evelyn. Adam will be enrolling in college on September 1, 2003, and Evelyn will be enrolling in college on September 1, 2005. Ms. Smith wishes to give both Adam and Evelyn $1,000 at the beginning of each of their four years of college. Ms. Smith will fund these payments by making five level annual deposits of P into an account earning an annual effective interest rate of 7%, with the first deposit on September 1, 1998. Determine the value of P.

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:

Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure