Business

What is the principle invested at %4. 75 compounded semi annually fromwhich monthlv withdrawals of $420 can be madea. At the end of each month for 25 years(3 marks)b. At the beginning of each month for 15 years(3 marks)c. At the beginning of each month for 15 years but deferred for 12 years(5 marks)d. At end of each month in perpetuityc. At beginning of each month in perpetuity
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I. You are valuing an investment that will pay you $26,000 per year for the first 9 years, $34,000 per year for the next 11 years, and $47,000 per year the following 14 years (all payments are at the end of each year). Another similar risk investment alternative is an account with a quoted annual interest rate of 9. 00% with monthly compounding of interest. What is the value in today's dollars of the set of cash flows you have been offered
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Based on the competing values framework, Wells Fargos strong sales-based environment between 2006 to 2015 portrays a ________ culture.Multiple ChoiceA. competitiveB. clanC. adhocracyD. hierarchyE. market
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A blue 1969 fender guitar from a famous music video is expected to pull $800,000 at auction next month. Who did it belong to?.
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Suppose that a firms long-run average total costs of producing hand-crafted chairs is $300 when it produces 10,000 chairs and $325 when it produces 11,000 chairs. For this range of output, the firm is likely experiencing a. Coordination problems. B. Constant returns to scale. C. Specialization. D. Economies of scale
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Identify and elaborate on the levels of management within the selected business in terms of timespent on management functions
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consider the government expenditure increase in part (c) of $500. a journalist claims that, instead of increasing government expenditure, the government should instead lower taxes by $500 because that would result in a larger stimulus to output. do you agree with this claim? explain why or why not?
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Juan and lydia both work, file a joint return, and have one qualifying child. they have earned income of $19,400. what is their eic
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a large airline provides most of the flights between two particular cities. a new, small start-up airline decides to offer service between these two cities. the large airline immediately slashes prices on this route to the bone, so that the new entrant cannot make any money. after the new entrant has gone out of business, the incumbent firm raises prices again. we would call the behavior of the large airline... group of answer choices aggressive marketing predatory pricing multi-level marketing competitive pricing
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current year information for apple and follows. $ millions apple sales $ 260,174 $ 161,857 income 55,256 34,343 average assets 352,121 254,351 required: 1. compute profit margin for each company. 2. compute investment turnover for each company. 3. refer to answers for parts 1 and 2. which company performed better on investment turnover?
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Process Capacity at Zug Island SteelZug Island operates a mill that makes steel for a variety of uses. You have been hiredas a consultant to evaluate the cur
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CORPORATE REPUTATION MANAGEMENTmarketing concept, strategic planning concept, societal marketing concept and sustainable marketing concept. Discuss these sustainable marketing models with practical examples.
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2007 Information: On 12/31/2006, USF had a Pension Liability of $3,500,000, which was comprised of a $23,000,000 PBO and $19,500,000 of Plan Assets. During 2007, USF contributed $4,000,000 to their pension plan, and paid out $5,000,000 in benefits. They expected to earn a 10% return on their Plan Assets, but they actually earned 4%. The actuary has told them to use a 5% settlement rate for interest for 2007, and has estimated a $3,000,000 current service cost. There was a $2,100,000 Net Loss in their AOCI account related to prior year actual returns being less than expected. At the end of the year their actuary revises the discount rate down, resulting in a loss of $1,000,000. The average remaining service life of the current employees is 15 years. 2008 Information: On January 1, USF decides to amend its pension plan in the current year, which results in an increase in the PBO of $3,000,000 related to prior service costs. The average remaining service of the affected employees is 5 years. USF again expects to earn a 10% return on their Plan Assets, and they assume a 4% settlement rate for interest in 2008. Plan Assets earn an actual return of 6%, and current service costs totaled $4,000,000. USF contributed $4,000,000 to the plan assets, and paid $3,000,000 in benefits to plan participants. At the end of the year their actuary revises the discount rate down again, resulting in another loss of $1,500,000. The average remaining service life of the current employees is now 10 years. What is the PBO balance at the end of 2007?What is the Plan Assets balance at the end of 2007?How would the PBO and Plan Assets be recorded on the 2007 balance sheet? What is the Pension Expense for 2007?What is the 2007 ending balance in the AOCI-G/L account?What is the 2007 ending balance in the AOCI-Prior Service Cost (P. S. C. ) account? What is the PBO balance at the end of 2008?What is the Plan Asset balance at the end of 2008?How would the PBO and Plan Assets be recorded on the 2008 balance sheet?What is the Pension Expense for 2008?What is the 2008 ending balance in the AOCI-G/L account?What is the 2008 ending balance in the AOCI-Prior Service Cost (P. S. C. ) account?
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In the financial system, who are the borrowers?governments, households, and individualsindividuals and householdshouseholds, individuals, and businessesgovernments and businesses
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Onslow Co. Purchases a used machine for $240,000 cash on January 2 and readies it for use the next day at an $8,000 cost. On January 3, it is installed on a required operating platform costing $1,600, and it is further readied for operations. The company predicts the machine will be used for six years and have a $28,800 salvage value. Depreciation is to be charged on a straight-line basis. On December 31, at the end of its fifth year in operations, it is disposed of. Required:1. Prepare journal entries to record the machine's purchase and the costs to ready and install it. Cash is paid for all costs incurred. Entry #1 (Jan 2) Record the purchase of a used machine for $240,000 cash. Entry #2 (Jan 3) Record the costs of 8,000 cash incurred on the used machineEntry #3 (Jan 3) Record the cost of $1,600 for an operating platform. 2. Prepare journal entries to record depreciation of the machine at December, 31. (a) its first year in operations. Entry #1 (dec 31) Record the year-end adjusting entry for the depreciation expense of the used machine. (b) The year of its disposal. Entry #1 (dec 31) Record the year-end adjusting entry for the depreciation expense of the used machine. 3. Prepare journal entries to record the machine's disposal under each of the following separate assumptions:(a) It is sold for $20,000 cash. Entry #1 (Dec 31) Record the sale of the used machine for $20,000 cash. (b) It is sold for $80,000 cashEntry #1 (dec 31) Record the sale of the used machine for $80,000 cash. (c) it is destroyed in a fire and the insurance company pays $30,500 cash to settle the loss claim. Entry #1 (dec 31) Record the destruction of the used machine in a fire with $30,500 cash insurance settlement
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cori's dog house is considering the installation of a new computerized pressure cooker for hot dogs. the cooker will increase sales by $5,800 per year and will cut annual operating costs by $14,300. the system will cost $49,800 to purchase and install. this system is expected to have a 7-year life and will be depreciated to zero using straight-line depreciation and have no salvage value. the tax rate is 40 percent and the required return is 12.7 percent. what is the npv of purchasing the pressure cooker?
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tim's fire engines is the sole seller of fire engines in the fictional country of pyrotania. initially, tim produced five fire engines, but he has decided to increase production to six fire engines. the following graph shows the demand curve tim faces. as you can see, to sell the additional engine, tim must lower his price from $160,000 to $120,000 per fire engine. note that although tim gains revenue from the additional engine he sells, he also loses revenue from the initial five engines because he sells them all at the lower price. use the purple rectangle (diamond symbols) to shade the area representing the revenue lost from the initial five engines by selling at $120,000 rather than $160,000. then use the green rectangle (triangle symbols) to shade the area representing the revenue gained from selling an additional engine at $120,000. revenue lost revenue gained 0 1 2 3 4 5 6 7 8 9 10 200 180 160 140 120 100 80 60 40 20 0 price (thousands of dollars per fire engine) quantity (fire engines) demand tim increase production from 5 to 6 fire engines. true or false: if tim's fire engines were a competitive firm instead and $160,000 were the market price for an engine, decreasing its price from $160,000 to $120,000 would result in an increase in production quantity and total revenue. true false
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Midway through 2008, approximately what percentage of prime and subprime mortgages in the united states had late payments of at least 30 days?
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if california's governor reports a budget surplus in 2018, that state government likely: group of answer choices received more in taxes than it spent in that year. increased the proportional tax level. equalized spending and taxes in that year. increased the corporate income tax rate.
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In planning, what would be your basis for assigning priority to specific task?
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Rita puts $10,000 into each of two different assets. the first asset pays 10 percent interest and the second pays 5 percent. according to the rule of 70, what is the approximate difference in the value of the two assets after 14 years?a. $15,500. b. $20,000.c. $12,000.d. $14,000.
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Citibank need to borrow $1 million for 6 months starting in 2 years. Citibank is concerned about the interest rate would like to lock in the interest rate it pays by going long an FRA with Bank of America. The FRA specifies that Citibank will borrow at a fixed rate of 0. 03 for 6 months on $1 million in 2 years. If the 6 months LIBOR rate proves to be 0. 1. Then to settle the FRA, what is the cash flow to Citibank at the end of 2 years
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How many barrels of oil are in the strategic oil reserve.
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a stock has an expected return of 12.6 percent and a beta of 1.17, and the expected return on the market is 11.6 percent. what must the risk-free rate be?
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