To meet his retirement goal, your father needs to calculate how much he must save during each of the next 10 years. The goal is to have a fixed retirement income that maintains the same purchasing power as $60,000 today. Taking into account the expected inflation rate of 3% annually, the real value of his retirement income will decline over time. With a remaining working period of 10 years, he must determine the required end-of-year deposits to achieve this goal.
To calculate the required savings for each year, we can use the concept of present value. We need to find the present value of the retirement income, which is $60,000, discounted over the expected remaining years until retirement, considering the annual inflation rate of 3%.
By using a financial calculator or spreadsheet software, we can calculate the required annual deposits using the present value of an ordinary annuity formula. Given the interest rate of 8% and the number of years remaining until retirement, we can solve for the annual deposit amount that will accumulate to the desired retirement income.
The calculated annual deposits should be rounded to the nearest cent. This calculation will provide the amount your father needs to save during each of the next 10 years to meet his retirement goal.
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What best describes the relationship between short and long-term goals?
Which of the following statements is correct? A general partnership is a partnership in which some of the partners are owners but not active in managing the firm. A firm's capital, also known as productive assets, generate the least amount of the cash flows for the firm. All the answers are correct. The short-term assets are also known as non-productive assets can be tangible assets, such as equipment, machinery, or a manufacturing facility, or intangible assets, such as patents, trademarks, technical expertise, or other types of intellectual capital. Working capital management is the day-to-day management of the firm's short-term assets and liabilities. Which of the following statements is incorrect? All the answers are correct except one. Debt financing creates a contractual obligation and it must be paid regardless of the firm's operating cash flow, even if the firm suffers a financial loss. Capital budgeting decisions affect the asset side of the balance sheet and are concerned with a firm's long-term investments. One of the disadvantages of the sole proprietorship is related to the fact that the amount of equity capital that can be raised to finance the business is limited to the owner's personal wealth. The government is not a stakeholder and does not want the firm to pay taxes. (TRUE or FALSE?) A firm is profitable when it fails to generate sufficient cash inflows to pay operating expenses, creditors, and taxes. True False (TRUE or FALSE?) Financing or capital structure decisions affect the asset side of the balance sheet but not the liability side and are concerned with a firm's longterm investments. True False Ms. Walters want to have $205,000 annual income every year for the next 20 years. If she can earn an average rate of return 11 percent, how much does Ms. Walters need to put down today to have $205,000 annual income every year for the next 20 years? none of the answers is correct $656,671 $397,773 $2,211,378 $1,632,482 Which of the following statements is incorrect? According to the strong-form of the efficient market hypothesis, the market for a security is perfectly informationally efficient if the security's price always reflects all information both public and private. All the answers are correct except one. The most common reason that corporate firms use the futures and options markets is to hedge risk. In a weak-form efficient market, it would be possible to earn abnormally high returns by looking for patterns in security prices. Secondary markets are markets for securities that were previously issued. Which of the following statements is incorrect? Recession occurs when real output from the economy is increasing and unemployment is decreasing. Inflation is the amount by which aggregate price levels rise over time. Pension funds obtain money from employee and employer contributions during the employee's working years, and they provide monthly cash payments upon retirement. All the answers are correct except one. The SEC regulates public securities markets in the United States. ABC Corporation bought a piece of machinery on January 1, 2006 at a cost of $2.3 million, and the machinery is being depreciated annually at an amount of $230,000 for 10 years. Its market value on December 31,2008 is $1.75 million. The firm's accountant is preparing its financial statement for the fiscal year end on December 31,2008 . The asset's value should be recognized on the balance sheet at $2.3 million. $1.75 million. $230,000. \$1.61 million. none of the answers is correct. At the end of the current fiscal year, Western Corporation had net working capital of $157,903. The company showed accounts payables of $94,233, accounts receivables of $83,112, inventory of $171,284, and cash and marketable securities of $12,311. What amount of notes payables does the firm have? $26,882 none of the answers is correct. $19,543 $15,471 $14,571
The statement that is incorrect from the given options is "Recession occurs when real output from the economy is increasing and unemployment is decreasing."This statement is incorrect because a recession occurs when there is a decrease in economic output (measured by GDP) and employment increases.
A recession is generally characterized by a drop in demand, which results in lower production and job losses. It is an economic contraction that lasts for a prolonged period, usually for six months or more. In a recession, businesses and individuals tend to spend less, and investments decrease.
The correct statement regarding recession is that a recession occurs when there is a decline in economic growth measured by GDP (Gross Domestic Product) for two consecutive quarters. In contrast, a depression is a severe economic downturn that lasts for several years. Therefore, the correct option is: Recession occurs when real output from the economy is decreasing, and unemployment is increasing.
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1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling price is birr 6/unit B, what would be the company cost is it decides to shutdown operation for the next four month
Answer:
Break Even point Q = 500000
Shut Down Point P < 5
Explanation:
Break Even point is where Total Revenue = Total Cost.
Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity
So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q
Q = 500000
Shut Down Point is where firm's Price is < its Average Variable Cost .
AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5
So, the firm would shut down if its price would go below AVC , ie if P < 5
what are 2 things that could happen to disrupt customer loyalty life cycle???
Answer: salespeople and customers are essential for the success of business-to-business relationships, and research has shown that a change of the salesperson can severely harm financial performance.
Explanation: However, such interpersonal relationship disruptions may also have positive effects by encouraging vitalizing re explorations of the relationship.
Question 10 4 Points Itone firm operating in an oligopoly raises its price and other firms do not do so, the firm with the increased price will have its higher profits sustained through cooperation. the sales of the firm with the higher price will decline slightly. t
he egos of all the top executives will eventually lead to cooperation at that higher price. the sales of the firm that increased its price will decline sharply
Oligopolies typically have a smaller price competition than markets with greater levels of competition because firms can influence prices through tactical actions like collusion and price leadership.
How should leadership be defined?Leading a team or an organisation is "the action of doing so." The Oxford Dictionary's definition of leadership is the same. Leadership is simply about taking chances and questioning the existing quo, to put it simply. Others are inspired by leaders to take on new and better challenges.
What attributes make for a successful leader?A good leader must possess honesty, self-awareness, boldness, respect, empathy, and thankfulness. When speaking and delegating effectively, they ought to be developing their agility and flexing their influence. Observe how you may develop these essential leadership skills at all levels within the organisation.
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what's the difference between Utility and Marginal Unility?
Answer:
One is large the other is small
Explanation:
4. Claire is considering investing in a new business. In the first year, there is a probability of 0. 2 that the new business will lose $10,000, a probability of 0. 4 that the new business will break even ($0 loss or gain), a probability of 0. 3 that the new business will make $5,000 in profits, and a probability of 0. 1 that the new business will make $8,000 in profits. A. Claire should invest in the company if she makes a profit. Should she invest? Explain using expected values. B. If Claire’s initial investment is $1,200 and the expected value for the new business stays constant, how many years will it take for her to earn back her initial investment?
Claire needs to invest. This is due to the $300 profit she would make. The sum invested would need to be recovered over a period of four years.
You can determine whether to invest by calculating the predicted value of the investment. The expected value is equal to the expected profit times the probability.
Expected value = (0.2 x $-10,000) + ( 0.4 x 0) + (0.3 x 5000) + (0.1 x 8000)
-2000 + 1500 + 800 = 300
$5,000 in profits with a 0.1 percent chance that the new company will make $8,000 in profits.
It would take to recover the initial investment = 1200 / 300 = 4Years
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Ever the risk taker, max has invested in another of sam’s companies. this time, he pays $3 million for 30 percent of specialstuff (ss). calculate the net payout
Max's net payout for his 30 percent ownership in SpecialStuff would be $1.5 million, assuming the company earns a net profit of $5 million and distributes the profits proportionally among the shareholders.
To calculate the net payout for Max's investment in SpecialStuff (SS), we need to consider the percentage of ownership Max has in the company and the potential returns or profits generated by SS.
Max paid $3 million for a 30 percent stake in SpecialStuff, which means he values the company at $10 million ($3 million divided by 30 percent). This $10 million valuation represents the entire worth of SpecialStuff.
Assuming SpecialStuff is successful and generates a profit, Max's 30 percent ownership entitles him to 30 percent of the company's profits. Let's assume SpecialStuff earns a net profit of $5 million.
To calculate Max's net payout, we multiply his ownership percentage (30 percent) by the net profit ($5 million):
Net Payout = Ownership Percentage × Net Profit
= 0.30 × $5 million
= $1.5 million
Therefore, if SpecialStuff earns a net profit of $5 million, Max would be entitled to a net payout of $1.5 million based on his 30 percent ownership stake. It's important to note that this calculation assumes the entire net profit is distributed among the shareholders in proportion to their ownership percentages.
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What will happen if you do not pay off your credit card balance each month?
If you do not pay your credit card invoice in any respect, you may likely get charged a late fee, lose your grace period, and need to pay interest at a penalty fee. Your credit rating may even pass down if you fall a minimum of 30 days behind on a credit score card bill fee.
Wearing a balance does not assist your credit score score, so it is always excellent to pay your balance in complete each month.
The effect of now not paying in full every month depends on how huge of stability you're wearing as compared to your credit restrictions.
Leaving stability will not assist your credit card ratings—it will just price you cash inside the shape of the interest. Wearing excessive stability for your credit cards has a bad impact on rankings as it will increase your credit utilization ratio.
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Suppose a University has an endowment of 42 million dollars placed in a bank account earning a real rate of interest (nominal rate of interest - inflation) of 2% per year. What is the maximum amount of annual withdrawal a university can make to sustain the real value of its endowment?
To calculate the maximum amount of annual withdrawal a university can make to sustain the real value of its endowment, we need to consider the concept of real interest rate.
Real interest rate is calculated by subtracting the inflation rate from the nominal interest rate. In this case, the nominal interest rate is 2% and let's assume the inflation rate is 1%. Therefore, the real interest rate is 1%.
To sustain the real value of the endowment, the university needs to ensure that its withdrawals do not exceed the real rate of return. If the university withdraws more than the real rate of return, the purchasing power of the endowment will decrease over time.
So, the maximum amount of annual withdrawal the university can make to sustain the real value of its endowment would be 1% of the endowment, which is $420,000 per year. This amount will ensure that the real value of the endowment remains intact, even after taking into account inflation. However, the university may choose to withdraw less than this amount to maintain a cushion for unexpected expenses or to grow the endowment over time.
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Why is communication important when working through a controversial issue?
Providing accurate, clear, and timely information to people in need is ensured by effectively communicating risk and contentious information to the public.
Publics are groups of unique people in public relations and communication science, and the public is the entirety of such groupings. In political science, psychology, marketing, and advertising, the idea of a public has also been defined. It is one of the more nebulous ideas in the field of communication science and public relations. It has definitions in the theory of the field that date back to the early 20th century, but in more recent years, those definitions have been muddled as a result of conflating the concept of a public with those of an audience, market segment, community, constituency, and stakeholder.
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Based on your budget, which transportation option is
the best financial decision for you? Explain your
answer in at least two sentences.
Answer:
Option C would be the best choice. Option A's monthly payment is too high. Option B's down payment is too high. Therefore Option C is the best option.
Explanation:
is an extra percentage a lender charges you on an amount you borrow from the lender.
In addition to the amount you borrow from a lender, you will also be charged interest.
The term "interest" is used for what purpose?Interest is a necessary cost of borrowing money, and it is also a cost of lending money. Interest is typically expressed as a percentage of the annualized principal amount of a loan. This percentage indicates the interest rate for the loan.
What does the term "interest example" mean?Let's use a $1,000 loan as an example, with a seven-year, 10% interest rate. In the first year, you'd make $100 in interest. Your interest payment for the following year would be the total amount borrowed plus interest, or $1,100. Thus, $110 ($1,100) would be the interest for the second year.
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What is the purpose of a savings account?
Answer:
it's to keep what will be saved
allows you to deposit your money and typically earn a modest amount of interest
br.uh its like 12:00 am for me.
Answer:
But for Me its 10:00 AM now
Anyways thnks for points!!!
what is barry’s and melissas gross earnings ?
Answer:
Barry earns $315.00
Melisa earns $120.00
Explanation:
Barry earns $9 per hour.
He works for 35 hours this week.
Gross income will be
=number of hours worked x hourly pay
=35 x $9
=$315
Barry earns $315
Melisa earns a 5% on sales
Sales for last week were $2400
Her earnings will be
=5% of $2400
=5/100 x 2400
=0.05 x 2400
=$120.00
Melisa earns $120.00
a. Johnny works at Walmart
His first paycheck…20 hours at $10.00 an hour
Calculate his Net Pay if Federal Tax is calculated at 9.5% and Sate at 7%:
Answer:
$167.00
Explanation:
(Considering no other deductions.)
The market revolution brought an innovation in labor practices called ""piece work. "" what is the piece work system?.
Division of production into discrete steps performed by different workers is the piece work system.
Production is the technique of combining various material inputs and immaterial inputs if you want to make some thing for intake. it is the act of creating an output, an amazing or service which has fee and contributes to the utility of individuals
Manufacturing is the system of creating or manufacturing items and merchandise from uncooked materials or additives. In different words, manufacturing takes inputs and makes use of them to create an output which is healthy for consumption – a great or product which has price to an cease-user or client.
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Discuss whether or not a firm will benefit from an incr ease in its output.
beta corporation owns assets valued at $1,500,000 with liabilities of $700,000, and alpha holds assets valued at $350,000 with liabilities of $150,000. beta transfers 200,000 shares of stock and $50,000 cash, and it accepts $100,000 of alpha’s liabilities, in exchange for all of the alpha assets. alpha distributes the beta stock to its shareholders for their alpha stock and then ceases to exist.
"Type A" reorganization. The transaction does not qualify as a "Type C" reorganization because substantially all of the assets are not acquired with voting stock.
What are liabilities?A liability is anything that a person or organisation owes, usually money. Advances, accruing costs, mortgages, bonds, accounts payable, securities, and deferred revenues are all included in the liabilities section of the asset report.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
A company's liabilities are essential since they are utilised to fund operations and big expansions. They can also speed up business-to-business transactions.
Liabilities reduce your company's worth and equity, but assets create value and enhance equity. The more your assets exceed your liabilities, the better off financially your company is.
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An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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This graph shows the relationship between the amount of two products a
company can make. This is also known as a(n):
Product A
7
3
A
VO
39
Product B
OA. opportunity cost graph.
OB. capital investment model.
OC. projected annual growth plan.
OD. production possibilities curve.
QB
65
The graph which shows the relationship between the amount of two products a company can make is also known as a production possibilities curve. The Option D is correct.
What is the use of production possibilities curve in economics?The Production Possibilities Curve (PPC) is a model that illustrates the tradeoffs involved in allocating resources between the production of two goods. Scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions can all be illustrated using the PPC.
Because the PPF is a curve based on two variables representing resources between two goods, the data can be manipulated to see how scarcity, growth, inefficiency, efficiency, and other factors affect production.
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Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Average Total Cost (Dollars per bike) Q= 200 Number of Factories Q= 50 140 230 320 Q=100 60 110 160 Q=250 160 110 60 Q=300 320 230 140 Q=150 40 80 Suppose Ike's Bikes is currently producing 300 bikes per month in its only factory. Its short-run average total cost is $ per bike Suppose Ike's Bikes is expecting to produce 300 bikes per month for several years. In this case, in the long run, it would choose to produce bikes using On the following graph, plot the three SRATC curves for Ike's Bikes from the previous table. Specifically, use the green points (triangle symbol) to plot its SRATC curve if it operates one factory (SRATC1); use the purple points (diamond symbol) to plot its SRATC curve if it operates two factories ( SRATC2); and use the orange points (square symbol) to plot its SRATC curve if it operates three factories (SRATC3). Finally, plot the long-run average total cost (LRATC) curve for Ike's Bikes using the blue points (circle symbol) Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.
The SRATC curves can be plotted using the table with the help of the steps given.
What is SRATC curves?
To plot the SRATC curves, you can use the provided table, where the columns represent the number of factories (1, 2, or 3) and the rows represent different quantities of bikes produced (Q).
For each quantity of bikes produced, locate the corresponding average total cost (ATC) value in the table for each number of factories. These ATC values represent the short-run average total cost (SRATC) for the given production level.
Once you have collected the ATC values for each quantity and number of factories, you can plot the SRATC curves on a graph, with quantity (Q) on the x-axis and average total cost (ATC) on the y-axis. Connect the points for each SRATC curve.
To plot the long-run average total cost (LRATC) curve, you need to determine the optimal combination of factories that minimizes average total cost for each production level. This would require additional information, such as the cost of each factory and their respective production capacities.
Once you have the data for the LRATC curve, you can plot it on the same graph using the blue points.
Remember to label the axes and provide a legend indicating the different curves.
If you have access to graphing software or tools like Excel, you can input the data and generate the graph based on the provided instructions.
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In theory, what conditions must exist to have pure competition among businesses in the same
industry? Select ALL that apply.
A. Businesses have the freedom to enter or leave the industry.
B. Businesses make and sell identical products that require no advertising.
C. Government intervention ensures that businesses in the industry stay competitive.
D. Large numbers of buyers and sellers ensure that no single group can affect product price.
Answer:
A. B. D.
Explanation:
the answer is the three letters above
Which of the following is NOT an example of a metric
?
Answer:
can you tell me what the choices are and I'll answer in the comments
Explanation:
floor gang aooh sub to pewdiepie
How's everyone's day? explain please
Answer:
You're asking how the people in a particular place or environment you are in on how their life was that day whether it was fun exciting sad or gloomy etc.
Answer:
I'm doing fin-e, just s-ad because I ca-n't get the New Toon Meo-wscles sk-in from fort-nite because my P-s4 br-oke and Now I ca-n't get the bundle which is at a good price. I wish I could get it.
Explanation:
What is the danger of having a lot of debt?
(brainlyest)
Answer:
probably not paying it off in time or something
Explanation:
What is an example of checks and balances in the executive branch?
An example of Checks and balances in the executive branch:- The separation of powers between the three departments of the American government—the legislative branch, the executive branch, and the judicial branch—is one of the checks and balances established by the U.S. Constitution.
In order to prevent any one branch of the government from acquiring an overwhelming amount of unrestrained authority, the Constitution grants each of these three branches unique powers.
The practise of delegating responsibilities to several parties so that no one individual or group may amass an excessive amount of power is known as "checks and balances." In organisations, having systems of checks and balances can help reduce the number of errors made and prevent incorrect behaviour.
The most common application of the idea of checks and balances is in the context of governmental systems, such as the executive, legislative, and judicial branches of the government of the United States. It is essential to have checks and balances in place in businesses and other types of organisations when decisions that have an effect on operations can be made by a single individual, such as the CEO or a majority shareholder. The idea of a system with built-in checks and balances may be traced back to the time of the Roman empire.
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Nancy Appleton obtained a $45,000 loan for her start-up business. The SBA guaranteed 75% of the loan. How much has the bank risked losing if Nancy's business fails?
Based on the percentage that SBA guaranteed out of Nancy's loan, the bank stands to lose $11,250.
How much does the bank stand to lose?The bank stands to lose the amount that wasn't guaranteed by the SBA in the event that Nancy Appleton's business fails.
This amount can be found as:
= Loan amount x ( 1 - percentage guaranteed)
Solving gives:
= 45,000 x ( 1 - 75%)
= $11,250
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What happens when the fed raises interest rates
Answer:
Reduces ability of businesses to borrow money to finance ventures.
Explanation:
This is a useful tool to combat inflation because cools down consumer spending, preventing instability in the economy.