Answer:
Sometimes our justice system can really surprise us. How can a person sue another individual based on arguments that are known to be false? Shouldn't the courts just say no to this kind of lawsuits?
It's plain common sense that the court would dictate that the agreement should be annulled or rescinded based on the mother's fraud attempt or maybe mutual mistake between Michael Jordan and her. Even if they were both convinced that he was the father, after it was proven that he wasn't, the court shouldn't have even wasted its time (and taxpayers money) with this case.
1.A realistic situation in which can cause someone to use money from a financial reserve is to payoff a medical bill. Another situation would be if say, you had to pick up and move. You would need enough money to not only purchase your residence, but also movers, necessities, and they deposit.
2. The financial reserve should have enough money to last a at least 6 months. There should definitely be enough money to purchase food and necessities. Depending on how big your family is and how much you spend affects the duration of the amount of funds. Also what you choose to spend your money on is a big key factor.
3. I would rather have a compound interest when it comes to a savings account.An account with simple interest will take money from you, rather than save it. When it comes to putting money into an account that offers interest, you want to get the highest interest rate possible, so that your money grows as fast as possible. A compound interest will “compact” your money as much as possible, saving you more.
Answer:
$21,113
Explanation:
Given that,
working capital = $41,000
Present value of outflow = $64,000
Life = 3 years
Sales = $62,000
costs = $41,000
Tax rate = 34 percent
Net cash outflow = working capital + Present value of outflow
= $41,000 + $64,000
= $105,000
= $21,333
Increase in revenue = Sales - costs - Depreciation
= $62,000 - $41,000 - $21,333
= -($333)
Revenue after tax = Increase in revenue - [email protected]%
= -($333) - 0.34 × (-$333)
= -($333) + 113.33
= -($220)
Cash flow after tax = Revenue after tax + Depreciation
= -($220) + $21,333
= $21,113
Answer:
having fun
Explanation:
thank you have fun I'm stuck on the same one
Answer:
$419.95
Explanation:
The computation of the interest income reported is shown below
<u>Year Adjusted basis Interest received Premium Reported </u>
<u> Amortization Interest</u>
1 $11,700 $280 $69.40 $210.60
($280 - $210.60) ($11,700 × 3.6% × 6 ÷ 12 )
2. $11,630.60 $280 $70.65 $209.35
($11,700 - $69.40) ($280 - $209.35) ($11,630.60 × 3.6% × 6 ÷ 12 )
Total $419.95