Business, 06.10.2021 22:50 noahdeem135

A state agency is contemplating giving a total of $5M in grants to several universities. These grants will be paid out in installments of $500,000 per year over a 10-year period. The grants would enable low-skilled persons to be retrained for new jobs, with a resulting benefit of $5,000 per year in increased income for each of the 1,000 persons in the regional labor force, over the next 10 years. These state grants would enable the universities to obtain a total of $1M in matching federal funds for their operations, thereby reducing by $1M the total amount of state funds which would normally be required by universities. However, the grants would require 10 persons to be added to the university staffs at an average annual salary of $20,000 each, which would have to be paid out of state funds. The current annual interest rate is 10% on funds of this type. Is the retraining program an economical investment for the state on a present worth basis? Compute both the present worth BCR and the present worth NBV

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 06:00

List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.

Answers: 3

Answer

Business, 22.06.2019 06:30

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

Answers: 2

Answer

Business, 22.06.2019 15:10

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.

Answers: 2

Answer

Business, 22.06.2019 17:50

What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories

Answers: 3

Answer

You know the right answer?

A state agency is contemplating giving a total of $5M in grants to several universities. These grant...

Questions