Mr. Lim is 25 years old today; he is beginning to plan for his retirement as he intends to set up an account and make regular payments into it. Hence, He intends to set aside an equal amount at the...
Mr. Lim is 25 years old today; he is beginning to plan for his retirement as he intends to set up an account and make regular payments into it. Hence, He intends to set aside an equal amount at the...
Okay so my friend and I are running a business to sell popcorn. In order to find out how much to sell our popcorn for we need to figure out how much we're spending making just one serving. We are...
ABC Company purchased a building for $2,850,000.00 At closing the following took place: Mortgage Loan Payable of $2,796,400.50 Security deposit from tenant $11,121.26 Real...
HELP! Need ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!
Mr. Lim is 25 years old today; he is beginning to plan for his retirement as he intends to set up an account and make regular payments into it. Hence, He intends to set aside an equal amount at the...
Tong Ah Khau deposited RM10, 000 today into an account that pays 8 percent interest for five years. You would like to have same amount of money at the end of the next five years as him, but you can...
Assume you are the owner of 10% shares of a firm. The firm pays $2,000,000 total dividend today out of its total fund of $7,000,000 and invest the remaining fund at 20%. Market rate of return is 10%...
In Accounting there are plenty of formulas, theories, and equations, but by far the most important is the following: Assets = Liabilities + Equity First, I will describe in layman’s terms the three variables within the equation above. An asset is a resource that will be used to operate a business (e.g. inventory, plant, machinery). A liability is a creditors right to the... read more
josh needs $320 to pay off his cell phone. He can use his credit card, but the $320 payment will put him at his card limit. His other option is to take a payday loan. His credit card has an annual...
Jovin and Simrin each received a different inherited from their families. Jovin invested his inheritance that earned an annual rate of interest of 5.25% compounded quarterly for 20 years and now had...
If John inherited $200000 and wanted it to grow into &500000 in 25 years, what rate of annual interest compounded monthly would he need to earn to reach his goal? Solve this problem algebraically...
When Josh was 10 years old, his godfather bought him a $5000 CSB that earned simple interest. When josh turned 20 years old the CSB was worth $9000. At what rate did the CSB earn annual interest? anwser:...
Determine how much you would have to deposit into a CD that was paying 2.75% simple interest annually if you wanted to have $10980 in the account after 8 years. B) calculate the...
a. 3-year; 0 percent coupon b. 3-year; 6 percent coupon c. 10-year; 0 percent coupon d. 10-year; 6 percent coupon
The awnser is 60
Billy’s Exterminators, Inc., has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of $35,000, a tax rate of 35 percent and paid out $85,000 in cash dividends...
Earnhardt Driving School’s 2010 balance sheet showed net fixed assets of $2.8 million, and the 2011 balance sheet showed net fixed assets of $3.6 million. The company’s 2011 income statement showed...
Consider the implication of online banking with respect to control over banking transaction
Life Situation: Financial Data: Single Monthly Income $1,750 Age 21 ...
a) To the nearest percent, what has been the average annual growth rate in cost? b) If this growth rate continues, what will the cost be in 5 more years?