Since no any further contributions will be made to the retirement fund, the amount you need today is $172,014.
Calculation of Present Value and Present Value of a PerpetuityThe first step is to calculate the present value (PV) of the contribution at the point of retirement in 19 years using the formula for calculating the present value (PV) of perpetuity as follows:
PV in 19 years = CF / R ............................................. (1)
Where;
PV in 19 years = Present value (PV) of the contribution at the point of retirement in 19 years = ?
CF = Cash flow or yearly expected withdrawal = $32,877
R = Rate of return after retirement = 5.02%, or 0.0502
Substituting the values into equation (1), we have:
PV in 19 years = $32,877 / 0.0502 = $654,920.3187251
The amount you need today can be calculated using the present value formula as follows:
PV = FV / (1 + r)^n ……………………………………………. (2)
Where;
PV = Present value or the amount you need today = ?
FV = Future value or PV in 19 years = $654,920.3187251
r = rate of return prior to retirement = 7.29%, or 0.0729
n = number of years = 19
Substituting the values into equation (2), we have:
PV = $654,920.3187251 / (1 + 0.0729)^19 = $654,920.3187251 / 3.80737505803714 = $172,013.607470218
Rounding to the nearest dollar, we have:
PV = $172,014
Therefore, the amount you need today is $172,014.
Learn more about present value here: https://brainly.com/question/17322936.
A plumber has 6,000 toilet sinks. He is about to install
20% of all sinks over the next four days. If he plans to
divide his work evenly, how many toilet sinks will he install
on each of the four days?
On each of the four days, the plumber will install 300 sinks over the next four days.
What do you mean by work?
Work means that a person does regularly to earn a living for job seekers.
Workload management is a deliberate practice of successfully distributing work across the group.
It allows project managers to match employees for future work, so performance and productivity levels are never compromised.
20% of all sinks the plumber will be completed in four days, therefore to distribute the task evenly, we have to calculate 20% of 6,000 which is 1200 which has to be distributed evenly in the next four days.
300 Sinks will be completed by the plumber each in the next four days to install 20% of all sinks.
Thus,300 Sinks will be completed by the plumber each in the next four days.
Learn more about work, refer:
https://brainly.com/question/1501489
#SPJ1
What is marketing? Discuss the TPs of marketing mix.
Answer:
The action or business of promoting and selling products or service,including market research and advertising.
Hope its helpful for you!!
What was the opening price of Dow Jones Industrial Average on May 12, 2018 in the format of XXXXX.XX?
Explanation:
2018 industrial average was roughly $26,000 , due to, a falling economy...
Consider the following data for two variables, x and y.
xi 4 5 7 8 10 12 12 22
yi 12 14 16 15 18 20 24 19
Enter negative values as negative numbers.
Compute the standardized residuals for these data (to 2 decimals).
Observation 1 -1.00 Observation 2 -0.40 Observation 3. 0.01 Observation 4. -0.48 Observation 5. 0.25 Observation 6. 0.65 Observation 7. 2.00 Observation 8 -2.16
Compute the leverage values for these data (to 2 decimals).
Observation 1 0.28
Observation 2 0.24
Observation 3 0.16
Observation 4 0.14
Observation 5 0.13
Observation 6 0.14
Observation 7 0.14
Observation 8. 0.76
Do there appear to be any influential observations in these data? 8
Does the scatter diagram indicate any influential observations? Explain.
If the leverage for an observation is greater , it is considered to have high leverage. Need Answer for this Question
Thus, we would conclude that observation 8 is an influential observation.
There appear to be an influential observations in these data as the mean of the leverage value is 0.75.
How to calculate the mean?From the data points given, the influential observation is observation 8. Here, the mean of the leverage value will be:
= 3 × 0.25 = 0.75
Also, the scatter diagram indicates influential observations as it's extreme to the x values.
Learn more about mean on:
https://brainly.com/question/447169
Look at the graph. Does zone A represent the result of a price ceiling or price floor, and which scenario is an example of these conditions?
O A price ceiling and the excess butter sitting in European warehouses due to overproduction by farmers
O A price ceiling and the scarcity of food and other goods in Cuba, resulting in smuggling and black-market trading
O A price floor and the lack of construction materials in Venezuela due to exporting them for higher prices
O A price floor and the large amount of corn stored in silos in the U.S. Midwest due to overproduction by farmers
Answer:
the answer is: A price floor and the large amount of corn stored in silos in the U.S. Midwest due to overproduction by farmers
The majority of grievances between labor and management are resolved by a(n) __________ who works in the organization and represents employees on a daily basis. Multiple Choice arbitrator shop steward mediator president
The majority of grievances between labor and management are resolved by a(n) "arbitrator" who works in the organization and represents employees on a daily basis.
What do you mean by Arbitration?Arbitration is a process in which parties that have a dispute go to an impartial third party to solve the issue without going to the court. In arbitration, the third party makes a decision that is binding.
In arbitration the arbitrator actually decides who is right and who is wrong, whereas in mediation the mediator suggests different outcomes.
Even though the majority of arbitrators are actually a legal judge, they do not operate under states' or federal command during the arbitration.
Learn more about Arbitration, refer to the link:
https://brainly.com/question/9089479
#SPJ1
Sonia has $675,000 she wants to save. If the FDIC insurance limit per depositor, per bank, is $250,000, which of these ways of distributing her money between three banks will guarantee that all of her money is insured?
O A. $210,000 in bank A, $220,000 in bank B, $245,000 in bank C
O B. $230,000 in bank A, $180,000 in bank B, $265,000 in bank C
O C. $210,000 in bank A, $210,000 in bank B, $255,000 in bank C
D. $230,000 in bank A, $190,000 in bank B, $255,000 in bank C
Answer:
Option A is the correct answer
Explanation:
No values in option a exceed the $250,000 threshold
Zenith Investment Company is considering the purchase of an office property. It has done an extensive market analysis and has estimated that based on current market supply or demand relationships, rents, and its estimate of operating expenses, annual NOI will be as follows: Year NOI 1 $ 1,240,000 2 1,240,000 3 1,240,000 4 1,280,000 5 1,330,000 6 1,380,000 7 1,419,000 8 1,459,170 A market that is currently oversupplied is expected to result in cash flows remaining flat for the next three years at $1,240,000. During years 4, 5, and 6, market rents are expected to be higher. It is further expected that beginning in year 7 and every year thereafter, NOI will tend to reflect a stable, balanced market and should grow at 3 percent per year indefinitely. Zenith believes that investors should earn a 12 percent return (r) on an investment of this kind. Required: a. Assuming that the investment is expected to produce NOI in years 1 to 8 and is expected to be owned for seven years and then sold, what would be the value for this property today
Based on the NOIs from Year 1 to 8, the value of the property today to Zenith Investment Company will be $13,221,383.94.
What is the value of the investment today?Because the investment will be sold in 7 years, we need to find the terminal value from year 8 and above considering the indefinite growth rate of 3%.
Terminal value:
= Year 8 cashflow / (Return rate - Growth rate)
= 1,459,170 / (12% - 3%)
= $16,213,000
This amount should be added to the Year 7 cashflow to get:
= 16,213,000 + 1,419,000
= $17,632,000
The value today can be found by taking all the cashflows to their present value and summing them:
= 1,240,000/ 1.12 + 1,240,000 / 1.12² + 1,240,000 / 1.12³ + 1,280,000 / 1.12⁴ + 1,330,000 / 1.12⁵ + 1,380,000/ 1.12⁶ + 17,632,000⁷
= $13,221,383.94
Find out more on present value at https://brainly.com/question/17199492.
An appreciating U.S. dollar is
O strengthening, more
O weakening, less
O a problem for exporters, less
O beneficial to importers, more
strengthening, more
Explanation:
Appreciating means to rise in value or price therefore stregthening and becoming worth more.
What does Nana need her family to help with to make her restaurant better?
1. Fixing up the restaurant
2.Cooking for the restaurant
3.Paying for the restaurant
4. Serving at the restaurant
If a person opens a restaurant, it would be best to hire competent staff and also make sure that the aims and objectives of the business are met.
What is a Restaurant?This refers to the outlet where food, drinks, and other edibles are sold and distributed to the general public.
For a person opening a restaurant he would need all the help he can get and family members can also help out.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
Read more about restaurants here:
https://brainly.com/question/855519
Answer:
Fixing up the restaurant
Explanation:
hope this helps!
Checking account A charges a monthly service fee of $20 and
fee of $3, while checking account B charges a monthly service
a wire transfer fee of $2. How many transfers would a person ha
the two accounts to cost the same?
O A 21
A
B. 31
C. 10
0.
[tex]\color{red}{\tt{I \ Think \ Letter \ B: \ 31}} [/tex]
2. What kind
of
External factors influence the process of business enterprise.
Explanation:
Technological factors.
Economic factors.
Political and legal factors.
Demographic factors.
Social factors.
Competitive factors.
Global factors.
Ethical factors.
The external factors that influence a business enterprise include the following:
EconomicLegalCompetitiveTechnologicalSocialPolitical factors.What are external factors?External factors are the influences, circumstances, situations, or environments that a business must accept in doing business and making economic decisions because it cannot control them.
These external factors create some level of uncertainty in running a business. And a business's success depends on how well it can manage these factors.
Thus, the external factors that influence a business enterprise include the economic, legal, competitive, technological, social, and political circumstances.
Learn more about external factors at https://brainly.com/question/21680038
Econ Services’ statement of cash flows indicates a $73,000 increase in cash during the year. The statement also indicates that the company used $42,000 for operating activities and $89,000 was provided by financing activities. How much was net cash provided/(used) by investing activities?
Answer:
I am here of point.. I don't know
How are manufacturers trying to reverse or counteract the negative environmental impacts of manufacturing? (Select all that apply.)
a. endorsing sustainable agriculture
b. reducing and eliminating waste
c. increasing greenhouse gases
d. establishing green initiatives
The manufacturers are trying to counteract the negative environmental impacts of manufacturing by:
reducing and eliminating wasteestablishing green initiativesHow does manufacturing affect the environment?The emission of carbon and waste from the manufacturing plant plays a part in the concentration of greenhouse gases on earth.
However, the manufacturers are adopting the process of reducing & eliminating waste and establishing green initiatives to minimize its pollution of the environment.
Therefore, the Option B and E is correct.
Read more about environmental impact
brainly.com/question/27080910
A proposed new project has projected sales of $186,000, costs of $90,500, and depreciation of $24,900. The tax rate is 22 percent. Calculate operating cash flow using the four different approaches. (Do not round intermediate calculations.)
Operating Cash Flow
EBIT + Depreciation-Taxes
Top-Down
Tax-Shield
Bottom-up
Answer: See below
Explanation:
[tex]$$Financial approachOperating cash flow $[\mathrm{OCF}]=$ EBIT $+$ Depreciation-Taxes$$=\$ 79,968.00$$[/tex]
[tex]$$Top down approach:Operating cash flow $[$ OCF $]=$ Sales-costs - taxes$$=\$ 79,968.00$$[/tex]
[tex]$$Tax shield approach Operating cash flow $[\mathrm{OCF}]=(\text { Sales - costs })^{*} 1-T+$ Depreciation $\times$ tax rate$$=\$ 79,968.00$$[/tex]
[tex]$$Bottom up approach:Operating cash flow [ OCF ]$$\begin{aligned}&=\text { Net income }+\text { Depreciation } \\&={\$ 7 9 , 9 6 8 . 0 0}\end{aligned}$$[/tex]
When a company issues 37,000 shares of par value common stock for $10 per share, the journal entry for this issuance would include
Explanation:
Given a par value of $ 1 , and an issue price of $ 10 , the shares were issued at a premium of ( 10 -1 = ) $ 9 . Therefore , the journal entry are as follows . Debit Cash Account ( 37,000 * $ 10 ) = $ 370,000 Credit Common Stock Account ( 37,000 * $ 1 ) = $ 37,000 Credit Share Premium Account ( 37,000 * $ 9 ) = $ 333,000 .
I search it.
A company's product is very complex, and there is value in having employees develop deep expertise in each aspect of the production process. Which organizational structure would foster deep, specialized knowledge
The organizational structure that would allow for deep, specialized knowledge to be fostered is a functional structure.
What is a functional organization structure?This refers to a practice of many companies where people who have different expertise are put into different departments that complement their skills.
This ensures that the employees will develop deep expertise in their field because they will focus on it by being in a department that is based on their expertise.
Find out more on functional organizational structures at https://brainly.com/question/14700402.
Identify all groups that pay property tax
Answer:
The answer is landowners homeowners and businesses
Explanation: just took test
Types of Taxes
1. A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchases when sales tax was not paid.
2. landowners, homeowners, and businesses.
3. regressive tax
4. Employees pay half (1.45%) of the Medicare tax while the employer pays the other half. Self-employed individuals pay for both halves of the tax (2.9%).
5. Businesses pay a proportional or progressive tax based on their profits.
100% guaranteed if you put these as your answers.
City agents purchased land in Owens Valley to obtain water rights, while posing as _____. Group of answer choices gold miners railroad workers ranchers and farmers developers
Answer: land??
Explanation: ??? i don't know if it is correct
Dairy Stores Inc. owns and operates convenience stores. The firm wants to make an initial public offering of securities. If Dairy qualifies for an exemption from the federal registration requirement, the firm is a. subject to all state registration requirements. b. not necessarily exempt from a state registration requirement. c. not subject to any state securities laws. d. exempt from any state registration requirement.
Since the store qualifies for an exemption from the federal registration requirement, the firm is not necessarily exempted from a state registration requirement.
What is a federal registration requirement?This refers to any federal requirement for a business which must be registered in order to ensure its validity, enforceability, admissibility etc of the business.
The convenience stores is not necessarily exempted from a state registration requirement despite that its qualifies for an exemption from the federal registration requirement.
Therefore, the Option B is correct.
Read more about registration requirement
brainly.com/question/26101756
A prepared speech delivered without notes, or with minimal notes is called a(n) __________________ speech.
a. impromptu
b. manuscript
c. memorized
d. extemporaneous
Answer:
D. extemporaneous
Explanation:
In the quantity discount model, the optimum quantity will always be found on the lowest total cost curve.
a) true
b) false
In the quantity discount model, the optimum quantity is not always be found on the lowest total cost curve. Therefore, it's false.
What is optimum quantity?It should be noted that optimum quantity simply means the economic quantity that is purchased.
In this case, in quantity discount model, the optimum quantity is not always be found on the lowest total cost curve. Therefore, it's false.
Learn more about optimum quantity on:
https://brainly.com/question/17192219
Would increasing taxes be expansionary or contractionary policy?
Answer:
Expansionary fiscal policy includes either increasing government spending or decreasing taxes. An economy that is producing too much needs to be contracted. In that case, contractionary fiscal policy (either decreasing government spending or increasing taxes) is the correct choice.
state some resons why people do not pay their bills
Answer:
some don't care
some don't have the money to pay them
some just throw away the bills thinking it's trash or knowingly throws it out
Explanation:
hope this helps:)
Assume the economy is currently in equilibrium at its full-employment level of output, the money market is in equilibrium, and the MPC = 0.75.
a. Suppose there is an increase in government spending that causes aggregate demand to increase by $16 billion. Show the increase in aggregate demand on the graph.
Instructions: Use the tool provided "Aggregate Demand" to plot the new aggregate demand curve. Use the tool provided "New GDP" to plot the new equilibrium.
[Insert screenshot]
In the MPC, when there is an increase in government spending that causes aggregate demand to increase by $16 billion, the aggregate demand will shift to the right.
What is MPC?The marginal propensity to consume is the proportion of an increase in pay that a consumers sleds on consumption.
In this case, when there is an increase in government spending that causes aggregate demand to increase by $16 billion, the aggregate demand will shift to the right.
Learn more about MPC on:
https://brainly.com/question/25821146
Baxter Bakers is trying to decide whether it should keep its existing bread-making machine or purchase a new one that has technological advantages (which translate into cost savings) over the existing machine. Information on each machine follows: Old machine New machine Original cost $10,000 $25,000 Accumulated depreciation 6,000 0 Annual cash operating costs 9,500 5,000 Current salvage value of old machine 2,500 Salvage value in 10 years 650 1,200 Remaining life 12 yrs 12 yrs Refer to Baxter Bakers. The $10,000 cost of the original machine represents a(n)
Based on the type of cost that the original cost of the machine is, we can say that it represents a sunk cost.
What is a sunk cost?This is a cost that a business has already incurred as regards a certain investment or asset. This cost cannot be recovered and so should not have any weight on future decisions made.
The original cost of the existing machine of $10,000, is a sunk cost because the company has already incurred it and cannot recover it.
Find out more on sunk costs at https://brainly.com/question/24976252.
If you wanted to buy a house that cost $150,000 with a down payment of five percent, how much would you need for the down payment?
After computing five percent of the cost of the house as the down payment, the value was gotten as $7500
Word ProblemGiven Data
Cost of House = $150,000Percentage Down Payment = 5%Let us find the amount in down payment needed
Amount of Down Payment = 5/100*$150,000
Amount of Down Payment = 0.05*$150,000
Amount of Down Payment = 0.05*$150,000
Amount of Down Payment =$7500
Learn more about word problem here:
https://brainly.com/question/25693822
1) The standard cost to product one unit of product A includes 2 pounds of material at a standard cost of $ 4.00 per pound. During the month, 27,000 pounds of materials were purchased at a cost of $ 3.80 per pound and was used to produce 13,000 units of Product A
2) The standard labour cost to produce the unit includes 3 hours of work at an hourly rate of $ 10.00 per hour. For the month, 30,500 hours of labour are incurred at a cost of $ 10.10 per hour to produce 10,000 units.
You are asked to prepare reports showing:
a) The total materials Variance
b) The Price and Quantity materials Variance
c) The total Labour Variance
d) The Labour price and quantity Variance.
The preparation of reports showing the various required variances (total materials variance, the price and quantity materials variances, the total labor variance, and the labor price and quantity variances) are as follows:
a) The total materials Variance
= $1,400 Favourable ($104,000 - 102,600)
b) The Price and Quantity of Materials Variance:1) Price of Materials Variance:
= $5,400 Favorable ($4.00 - $3.80) x 27,000
2) Quantity of Materials Variance:
= $4,000 Unfavorable (26,000 - 27,000) x $4.00
c) The total Labour Variance= $8,050 Unfavorable ($30 - $30.805) x 10,500
d) The Labour price and quantity Variance1) Labor Price Variance
= $3,050 Unfavorable ($10 - $10.10) x 30,500
2) Labor Quantity Variance
= $5,000 Unfavorable (30,000 - 30,500) x $10
What variance analysis?In cost accounting, variance analysis investigates the differences between actual costs and budgeted costs of materials, labor, and overhead.
Variance analysis helps management to take corrective actions after identifying the causes.
Data and Calculations:Standard material cost for Product A = 2 pounds
Standard cost per pound = $4.00
Standard cost per unit = $8 ($4.00 x 2)
Total standard cost for materials = $104,000 ($8 x 13,000)
Purchase of materials = 27,000 pounds
Cost per pound = $3.80
Total purchase cost for materials = $102,600 ($3.80 x 27,000)
Production units = 13,000 units
Actal materials used per unit = 2.0769 pounds (27,000/13,000)
Actual cost per unit = $7.89 ($102,600/13,000)
Standard labor cost per unit = 3 hours
Standard rate of pay = $10
Standard labor cost per unit = $30 (3 x $10)
Totall standard labor hours = 30,000 (3 x 10,000)
Actual labor hours incurred = 30,500 hours
Labor rate per hour = $10.10
Total labor costs = $308,050 (30,500 x $10.10)
Production units = 10,000 units
Actual labor cost per unit = $30.805 ($308,050/10,000)
Learn more about variance analysis at https://brainly.com/question/15700381
Larry’s Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $42,000 per year forever. Assume the required return on this investment is 6.7 percent. How much will you pay for the policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The amount of $626,865.67 is the lump sum that you wil pay for the investment policy today.
What is an investment policy?This is an policy that is designed to periodically pay the insured a specific sum over a period of time
Given data
Payment per year = $42,000
Required return = 6.7%
Present value = Payment per year / Required return
Present value = $42,000 / 0.067
Present value = $626,865.67
Therefore, the amount of $626,865.67 is the lump sum that you wil pay for the investment policy today.
Read more about investment policy
brainly.com/question/12301548
Question Content AreaThe amount of increase or decrease in revenue that is expected from a particular course of action as compared with an alternative is a.differential revenue b.manufacturing margin c.differential cost d.contribution margin
A differential revenue means the amount of increase/decrease in revenue expected from a particular course of action as compared with an alternative.
What is a differential revenue?A differential revenue refers to the difference in sales that will be generated by two different courses of action
Hence, this revenue are expected from a particular course of action as compared with an alternative.
Therefore, the Option A is correct.
Read more about differential revenue
brainly.com/question/16873747