You have successfully started and operated a company for the past 10 years. You have decided that it is time to sell your company and spend time on the beaches of Hawaii. A potential buyer is interested in your company, but he does not have the necessary capital to pay you a lump sum. Instead, he has offered $800,000 today and annuity payments for the balance. The first payment will be for $250,000 in three months. The payments will increase at 1.6 percent per quarter and a total of 20 quarterly payments will be made. If you require an EAR of 11 percent, how much are you being offered for your company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer 1

Answer:

$5,225,417

Explanation:

first payment 800000

1 quarter         250000

2 quarters 254000

3 quarters 258064

4 quarters 262193

5 quarters 266388

6 quarters 270650

7 quarters 274981

8 quarters 279380

9 quarters 283851

10 quarters 288392

11 quarters 293006

12 quarters 297694

13 quarters 302458

14 quarters 307297

15 quarters 312214

16 quarters 317209

17 quarters 322284

18 quarters 327441

19 quarters 332680

20 quarters 338003

11% = (1 + i/4)⁴

i = 0.106

quarterly interest = 2.65%

Now we need to determine the present value of this  annuity and our discount rate is 2.65%. I will use an excel spreadsheet to determine the present value of the 20 quarterly payments and then add the initial payment.

$4,425,417 + $800,000 = $5,225,417


Related Questions

Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?

Answers

Using the appropriate tool from the Accountant Tools menu, the 4  options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C  and F:

ClassesCustomersProducts and ServicesAccount

What is QuickBooks Online Accountant?

In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.

This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.

Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.

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See full question below

Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?

Classes

Customers

Products and Services

Locations

Tax Code

Account

Suppliers

Rickie loves to shop. lately, she's been thinking it might be wise to cut back on the time and money she spends shopping. Then again, it's something she really enjoys. based on your spending experience and personal knowledge, what would you recommend to Rickie?

Answers

It may be wise for Rickie to evaluate her spending habits and prioritize her financial goals while considering her enjoyment of shopping.

Should Rickie Cut Back on Shopping?

Rickie should take a closer look at her spending habits and financial goals. She could start by creating a budget and tracking her expenses to gain a clear understanding of how much time and money she is spending on shopping.

By evaluating her spending patterns, Rickie can identify areas where she may be able to cut back or make adjustments, without completely giving up something she enjoys. For example, she could set a monthly shopping budget, limit impulsive purchases, or look for ways to save money while still enjoying the shopping experience, such as shopping during sales or using coupons.

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Descriptive account does not capture all that is involved. (T/F)true or false​

Answers

Answer:

truee..................

Dr. Khoury is a chiropractor with his own practice in a rapidly growing community and would like to add staff members to his business to accommodate the increase in his patient base. He needs to hire a second Chiropractor, a Massage Therapist, a Physical Therapist, and a Medical Secretary. The four candidates have the education indicated in the table.

Candidate



Education Level



Candidate A



high school degree, associate’s degree



Candidate B



bachelor’s degree, medical school degree



Candidate C



high school degree



Candidate D



bachelor’s degree, master’s degree





Which candidate would be best suited for each position?

Candidate A: Medical Secretary Candidate B: Chiropractor Candidate C: Massage Therapist Candidate D: Physical Therapist
Candidate A: Massage Therapist Candidate B: Physical Therapist Candidate C: Medical Secretary Candidate D: Chiropractor
Candidate A: Physical Therapist Candidate B: Chiropractor Candidate C: Massage Therapist Candidate D: Medical Secretary
Candidate A: Massage Therapist Candidate B: Chiropractor Candidate C: Medical Secretary Candidate D: Physical Therapist

Answers

Answer:

C

Explanation:

Just took the test

There are criteria used in selection. The candidate would be best suited for each position is candidate C.

What does a chiropractor do?

A chiropractor  is a trained personnel who does Chiropractic adjustment. This is known as a procedure that involves a trained specialists who use their hands or a small instrument as a form of control and  sudden force to a spinal joint of another person.

The aim of this procedure, also called spinal manipulation is mainly to boast spinal motion and boast  the body's physical function.

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(all data in real $ bn). Assume a fixed price, open economy model with government. If AEx1440 + 0.62 Y, what is the equilibri
level of Y? (if needed, round to one decimal).
a. 3789.5
b. 2322.6
c. 1447.4
d. 1625.8
e. 3031.6

Answers

Answer:

a.3789.5

Explanation:

hope it helps

stay safe

Which of the following statement is TRUE?

(1 Point)

Developmental programs improve conceptual skills of managers for the future job.

Training programs improve conceptual skills of nonmanagers for the future job.

Developmental programs improve technical skills of nonmanagers for the current job.

Training programs improve technical skills of mangers for the current job.

Answers

'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.

The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.

Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.

The correct answer is option a.

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9.
Which must pass through the state probate court system?

O A. Testamentary trust
O B. Living trust
O C. Pour-over trust

Answers

Before a will is written, a testamentary trust must go through probate. The correct answer is option (a).

What do you mean by probate?

Before a will is written, a testamentary trust must pass through probate. In the course of probating the will, the executor will also establish the trust. Legal expenses may be deducted from the trust funds if the trustee needs legal counsel on how to manage the trust.

The term "probate" refers to a copy of a will that has been witnessed by a court official and is accompanied by a grant of management of the testator's assets. Only the will's appointed executor is eligible for a probate. A probate is also required if the will covers real estate in more than one state.

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if you calculating the simple interest and you are given the time in months. how can you find the time in years​

Answers

Answer:

Divide the months by 12

Explanation:

What is the address bar in Firefox?

Answers

Answer: The Firefox address bar displays the URL web address for the page that you are visiting.

Explanation:

Answer:

The Firefox address bar displays the URL web address for the page that you are visiting.

Explanation:

What is one of the primary concerns of socially responsible consumers?
A. Customer service
B. Low price
C. Socialism
D. Sustainability

Answers

One of the primary concerns of socially responsible consumers is sustainability.

Who is a socially responsible consumer?

A socially responsible consumer is a consumer who cares about the social impact that the products he buys have on the world around him.

It is to be noted that socially responsible consumers avoid products that they think harm society. Instead, they buy goods and services from companies that they believe do a better job of taking care of the world.

Hence, One of the primary concerns of socially responsible consumers is sustainability.

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Equivalent Units of Production The Converting Department of Toren Company had 19,200 units in work in process at the beginning of the period, which were 35% complete. During the period, 86,400 units were completed and transferred to the Packing Department. There were 15,200 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Toren Company Number of Equivalent Units of Production Line Item Description Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Started and completed Started and completed Started and completed Started and completed Transferred to Packing Department Transferred to Packing Department Transferred to Packing Department Transferred to Packing Department Inventory in process, ending Inventory in process, ending Inventory in process, ending Inventory in process, ending Total Total Total Total

Answers

16,800 units and 16,500 units

The computation of the number of equivalent units of production is shown below:

For Materials:

= Transferred units × Completion percentage + ending work in process units × completion percentage

= 14,800 units × 100%  +  2,000 units × 100%

= 14,800 units + 2,000 units

= 16,800 units

For Conversion cost:

= Opening work in process units × remaining percentage + Transferred units × Completion percentage + ending work in process units × completion percentage

= 1,200 units × 75% + 14,800 units + 2,000 units × 40%

= 900 units + 14,800 units + 800 units

= 16,500 units

Transferred units is

= 16,000 units - 1,200 units

= 14,800 units

In mathematics, a percentage (from Latin: per centum, "through 100") is more than a few or ratio expressed as a fraction of one hundred. It is often denoted using the percentage sign, "%",[1] even though the abbreviations "pct.", "pct" and every now and then "pc" are also used.[2] A percentage is a dimensionless quantity (natural variety); it has no unit of measurement. As denominations of cash grew inside the middle a while, computations with a denominator of a hundred have become more and more preferred, such that from the late fifteenth century to the early 16th century, it became commonplace for arithmetic texts to include such computations. Many of those texts implemented these techniques to income and loss, hobby quotes, and the rule of 3. By way of the 17th century, it became popular to cite hobby costs in hundredths.[4]

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What elements should an ideal CRR plan include?

Answers

The following components belong in a perfect CRR plan. communication lines that are clear, empathy and understanding, activity that is swift and efficient, Feedback and follow-up Continual development

A CRR report: what is it?

The Cyber Resilience Assessment (CRR) is an evaluation of an organisation s resilience or cybersecurity measures based on interviews. Your organization will get knowledge of how to handle cyber risk during both regular operations and during periods of stress levels and catastrophe through the CRR.

What is CRR's emergency response?

Your department can use what you already know to reduce hazards in your operational area with the aid of a community reducing risk (CRR) program. CRR employs a wide range of instruments to create a strategy and integrated program aimed at minimizing the occurrence and effects of local risks.

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a(n) _____ should be a member of the internal team that sets the objectives for the project in case specific proposals for plan modifications and additional funding need to be made later on.

Answers

A business manager should be a member of the internal team that sets the objectives for the project in case specific proposals for plan modifications and additional funding need to be made later on.

A business manager is a qualified individual who is in charge of managing staff members to ensure operations are productive and efficient and giving instructions on how to perform various jobs most effectively while upholding client satisfaction. Business managers assist in putting strategies into action that will increase sales or profitability.

Planning and organizing are essential abilities for a skilled business manager. Additionally, they must have great judgment, be able to lead others well, and be aware of their management requirements.

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If consumers start saving more rather than spending, what is most likely to happen? A Decrease in Savings, B Increase in the real interest rate, C Decrease in the Supply of loanable funds, D Decrease in the real interest rate

If the Federal Reserve institutes Contractionary Policy, which of the following is most likely to increase? A Interest rates ,B Gross Domestic Product ,C Government spending , D Tax rates

Answers

If consumers start saving more rather than spending, the most likely outcome would be a decrease in the real interest rate (option D).

If the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A).

What happens If consumers start saving more rather than spending

This happens because an increase in savings means that there is more supply of loanable funds in the market, which can lead to a decrease in the cost of borrowing and, consequently, a decrease in the real interest rate.

What happens if Federal Reserve institutes Contractionary Policy

If the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A). Contractionary policy is designed to reduce the money supply and slow down economic growth to combat inflation.

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The Phillips curve was first suggested as a description of the relationship between inflation and unemployment in the late 1950s, and data through the 1960s were consistent with its predictions. What happened in the 1970s?

Answers

Answer: High inflation and high unemployment in the United States undermined the Phillips hypothesis.

Explanation:

In the year the 1970s, there is high inflation and high unemployment in the United States that undermined the Phillips hypothesis.

What happened in the 1970s?

Since the Phillips curve was first recommended by the description of the relationship that lies between inflation and unemployment.

So based on this, we can say that In the year the 1970s, there is high inflation and high unemployment in the United States that undermined the Phillips hypothesis.

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Interventions strategies to prevent restrictions or barrier in small businesses townships

Answers

To prevent restrictions or barriers in small businesses in townships, several intervention strategies can be implemented:

1. Business Development Support: Offer training programs, workshops, and mentorship opportunities to help small business owners develop essential skills such as financial management, marketing, and business planning.

2. Access to Capital: Establish microfinance programs or low-interest loan schemes to provide small businesses with the necessary funds to start or expand their operations. Additionally, create partnerships with financial institutions to streamline the loan application process.

3. Infrastructure Improvement: Invest in upgrading township infrastructure, including roads, electricity, and internet connectivity. This will enhance the business environment, attract investors, and facilitate smoother operations for small businesses.

4. Regulatory Simplification: Simplify and streamline licensing and permit procedures, reducing bureaucracy and paperwork burdens. This will make it easier for entrepreneurs to start and operate businesses, fostering a favorable environment for small enterprises.

5. Market Linkages: Facilitate connections between small businesses and larger supply chains, enabling them to access wider markets and secure stable customer bases. This can be achieved through networking events, trade fairs, and partnerships with established businesses.

6. Local Procurement Policies: Encourage local governments and institutions to adopt procurement policies that prioritize purchasing goods and services from small businesses in the townships, thereby boosting their economic growth and sustainability.

7. Collaborative Initiatives: Foster collaboration among small businesses by establishing business associations, cooperatives, or incubation centers. These platforms can provide shared resources, collective marketing efforts, and a supportive community.

By implementing these intervention strategies, the barriers and restrictions faced by small businesses in townships can be minimized, promoting their growth, sustainability, and contribution to the local economy.

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What is a relationship between a Hr and a line up management of an organisation?

Answers

Answer:

When conflicts arise, line managers typically seek the advice of HR in resolving issues between employees or issues between employees and their managers. A positive working relationship between HR and line management facilitates easier handling of workplace investigations and mediating differences between staff.

Determine the total expenses based on the following data

assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000

Answers

From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.

To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.

Assets = $72,000

Owner's Equity = $70,000

Liabilities = $16,000

Using the accounting equation, we can calculate the total expenses by rearranging the equation:

Expenses = Assets - Liabilities - Owner's Equity

Expenses = $72,000 - $16,000 - $70,000

Expenses = $-14,000

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You see me now 4 kkt

Answers

Answer:

ncvbhrdfh

Explanation:

Answer:

hgfjttfgk,jnhlkgfk,hjlhj

Explanation:

The Consumer Division lost $28,000 and the Industrial Division had operating income of $58,000. Management has analyzed the situation and wants you to do a differential analysis to determine the increase or decrease in overall operating income based on the following:

Expected decrease in revenues $280,000
Expected decrease in total variable costs $200,000
Expected decrease in fixed costs $102,000

a. $2,000 increase in operating income
b. $80,000 decrease in operating income
c. $22,000 increase in operating income
d. $80,000 decrease in operating income

Answers

Answer: c. $22,000 increase in operating income

Explanation:

Expected decrease in revenues                                       -$280,000

Expected decrease in total variable costs                        (-$200,000)

Expected decrease in fixed costs                                      (-$102,000)

Expected increase(decrease) in operating income            $22,000

Costs are to be deducted from revenues so if the costs are decreasing, the mathematical treatment would be to add the decrease to the revenues which is how the above was calculated.

PLC Ltd. found the following debts to be bad on the dates shown

Answers

The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.

What is PLC?

In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.

PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.

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What are two types of expenses when considering your budget?

Answers

The two types of expenses when considering your budget include variable and fixed expenses.

What is a budget?

A budget is described as a sort of financial planning, and it emphasizes how revenue will be generated and the various expenses. It is mainly conducted periodically and also re-evaluated.

When considering a budget plan, the two types of expenses taken into consideration include fixed expenses and variable expenses. Fixed expenses are the sort of expenses that remain unchanged and only change a few times and occasionally. For example, tuition fees, and insurance payments. The variable expenses include the expenses that change frequently and are mainly dependent on the purchase choices that are made every day. For example, medical bills, and clothing.

It can be concluded that the two types of expenses when considering your budget include variable and fixed expenses.

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In the prepare phase of your analysis, you described the data sources you used. According to the Case Study Roadmap, this description should include where the data is located and how it is organized. It should also consider issues with bias or credibility, problems with the data, and how you verified its integrity. Finally, your description should explain how the data helped you answer your questions. Take a moment to review your description now. What steps could you take to make it even more descriptive? 1 point

Answers

To make the description of the data sources in the prepare phase more descriptive, you can consider the following steps:

Specify the location of the dataDetail the organization of the dataAddress bias and credibility

Some steps to make the data sources more descriptive

Specify the location of the data: Provide specific information about the sources of the data, such as the name of the database, website, or organization where the data was obtained. If applicable, mention any specific datasets or files used.

Detail the organization of the data: Describe how the data is structured or organized, whether it is in a tabular format, spreadsheets, databases, or any other specific format. Mention the variables or fields present in the data and how they are arranged.

Address bias and credibility issues: Discuss any potential biases or credibility concerns associated with the data sources. Consider the source's reputation, the methodology used to collect the data, and any known limitations or biases in the data collection process.

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An automated procedure designed to test all items in a population in order to identify violations of a particular control activity is called.

Answers

"Exception testing" refers to an automated process created to test every item in a population to find instances when a specific control action has been violated.

Explain the term exception testing?

Taking care of run-time failures helps to ensure that the flow of the test is not disrupted.

Technically speaking, an exception is a run-time object.In software testing, the statements that include errors are skipped, and test execution is then continued.Exception testing is just a unique function that was added to JUnit4. You had learned how to use test to test exceptions in JUnit in this lesson (excepted)When using Junit, you may verify the whether code is throwing exceptions or not, as well as trace the exception.

Types of Exceptions:

RecoverableUnRecoverable

Thus, "Exception testing" refers to an automated process created to test every item in a population to find instances when a specific control action has been violated.

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Suppose the demand for macaroni is inelastic, the supply of macaroni is elastic, the demand for cigarettes is inelastic, and the supply of cigarettes is elastic. If a tax were levied on the sellers of both of these commodities, we would expect that the burden of Group of answer choices

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Both taxes would fall more heavily on the buyers than on the sellers.

b) The macaroni tax would fall more heavily on the sellers than on the buyers and the burden of the cigarette tax would fall more heavily on the buyers than on the sellers.

c) The macaroni tax would fall more heavily on the buyers than on the sellers and the burden of the cigarette tax would fall more heavily on the sellers than on the buyers.

d) Both taxes would fall more heavily on the sellers than on the buyers.

And the correct answer is the option A: Both taxes would fall more heavily on the buyers than on the sellers

Explanation:

To begin with, in this situation due to the fact that the demand for both products are inelastic and the supply of both as well are elastic then the change in the price that would happen because of the tax would have an impact that the buyers will feel more than the sellers because they are the one that no matter how much the price changes then the they will keep to consuming the same amount in both cases and that is because their demand are inelastic and therefore that the variation in the price does not change dramastically the variation in the quantity demanded.

One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer

Answers

So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry

What is an economy of scale?

Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.

In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.

It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.

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How does Porter characterize the industrial and trade potential of western New York and the Midwest? What does he argue will help the region realize that full potential?

Answers

Answer:

Porter market forces will helps in realizing the full potential.

Explanation:

M. porter characterized the industrial and trade potentialities of western new York and Midwest as these region will help to increase in globalization and industrial development of the nation. The factors like the bargaining power of buyers and suppliers and threat of substitutes create a market full of competition.

Which secondary effect of advertising refers to a change in the customer’s opinion of the product over a period of time?

Answers

The Carryover Effect in Advertising is the rate at which the effectiveness of an advertising campaign diminishes over time

n order to help you answer this true/false statement, which words should be underlined?: Black cats can only be found in countries in Northern America. a. Only, in, Northern America c. Northern America b. Black cats, only, countries, Northern America d. Countries, Northern America Please select the best answer from the choices provided A B C D

Answers

Answer:

B. Black cats, only, countries, Northern America

Explanation:

Just took the test on Edg 2020

The words that need to be underlined includes Black cats, only, countries, Northern America.

What are the Underlined word?

The word are intended to be highlighted to make the reader understand whether the given statement is a true statement of not.

Hence, the words that need to be underlined includes Black cats, only, countries, Northern America.

Therefore, the Option B is correct.

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why do you think states have licensing requirements for certain occupations?

Answers

Answer: to prevent improper use or causing an issue with the thing they have to get a license for

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[15 pts] a recessive lethal allele (a2) has a frequency (q) of 0.05 in newly formed zygotes in generation 0. the locus is in hardy-weinberg equilibrium at the start. a) what is the frequency of the dominant allele? b) what is the frequency of each of the genotypes among the newly formed zygotes? c) what is the fitness of each of the genotypes? d) what is the mean fitness of the population? e) how much will the frequencies of a1 and a2 change after one generation? f) what will be the allele frequencies and the genotype frequencies after generation 1? g) what will be the equilibrium value for a2? It continues to fly along the same horizontal arc but increases its speed at the rate of 1.63 m/s 2 . Find the magnitude of acceleration under these new conditions. Answer in units of m/s 2 . suppose the acme drug company develops a new drug, designed to prevent colds. the company states that the drug is equally effective for men and women. to test this claim, they choose a simple random sample of 100 women and 200 men from a population of 100,000 volunteers. at the end of the study, 38% of the women caught a cold; and 51% of the men caught a cold. what is the probability that the percent difference of -0.13 (women - men) or less is seen if the true difference is 0 (meaning no difference)? round your answer to no more than two decimal places. Susan is an owner of Breadwinner Cafe and Bakery in Sandy Springs, GA. Assume that her business operates in the perfectly competitive market and has no market power, as there are numerous bakeries in the area which produce similar items. These conditions would imply that she____ would lose all customers if she attempted to reduce price below the prevailing market price. faces a "downward slopping" demand curve would lose all customers if she attempted to increase price above the prevailing market price. faces a "vertical demand curve" for its output. blacktop refining extracts minerals from ore mined at two different sites in montana. each ton of ore type 1 contains 20% copper, 20% zinc and 15% magnesium. each ton of ore type 2 contains 30% copper, 25% zinc and 10% magnesium. ore type 1 costs $90 per ton while ore type 2 costs $120 per ton. blacktop would like to buy enough ore to extract at least 9 tons of copper, 7 tons of zinc, and 6 tons of magnesium in the least costly manner. (let x1 take a walk in your workplace (or if you are not working, look at your living space, dining area or any other daily examples) a. assess each element of 5s b. how might you improve 5s in your selected example? A block of weight w = 25.0 N sits on a frictionless inclined plane, which makes an angle 8 = 29.0 with respect to the horizontal, as shown in the figure. (Figure 1) A force of magnitude F = 12.1 N, applied parallel to the incline, is just sufficient to pull the block up the plane at constant speed.Part B: What is We, the work done on the block by the force of gravity was the block moves a distance L = 3.40 m up the incline?Part C. What is Wf the work done on the block by the applied force F as the block moves a distance L = 3.40 mm up the incline? Express your answer in Joules