Answer:
13.12%
Explanation:
The computation of the expected return is shown below:
= (Expected return of the recession × weightage of recession) + (expected return of the normal economy × weightage of normal economy) + (expected return of the boom × weightage of boom)
= (-0.08 × 0.21) + (0.16 × 0.55) + (0.25 × 0.24)
= - 0.0168 + 0.088 + 0.06
= 13.12%
Answer:
Explanation:
The $35,000 that will be needed in 3 years is a future value (FV).
This is an ordinary annuity, and it is asking for the recurring payment (PMT)
Using a financial calculator, input the following;
Future value; FV = 35,000
Total duration ; N = 3*12 = 36 months
Interest rate; I = 3.4%/12 = 0.2833%
One time present cashflow; PV = 0
then compute recurring payment ; CPT PMT =924.86
Insurance policies that are covered by COBRA are done to D. extend insurance coverage if a worker loses their job.
<h3>What is the purpose of COBRA?</h3>
The Consolidated Omnibus Budget Reconciliation Act (COBRA) protects workers in the event that they lose their jobs for certain reasons.
This protection comes in the form of the worker and their families being able to access the health insurance benefits they had while the worker was working. This access will eventually lapse however.
Find out more on COBRA at brainly.com/question/6294682.
Solution :
Expected sales = current sales x (1 + projected sale next year increase)
= 5,700 x (1 + 15%)
= $ 6555
Expected cost = current cost x (1 + projected sale next year increase)
= 4200 x (1 + 15%)
= $ 4830
Taxable income = 1500 x ( 1 + 15%)
= $ 1725
Taxes (34%) = 510 x (1+15%)
= $ 586.5
Net income = sales - cost - taxes
= 6555 - 4830 - 586.5
= $ 1138.5
Calculation of total asset :
Current asset = 3,900 x 1.15
= $ 4485
Fixed asset = 8100 x 1.15
= $ 9315
Total asset = 4485 + 9315
= $ 13800
Calculation of total liabilities
Current liabilities = 2200 x 1.15
= $ 2530
Long term debt = $ 3,750
Equity = $ 6050 + (1138.5 x 0.50 )
= $ 7189
Total liabilities = $ 2530 + $ 3,750 + $ 7189
= $ 13, 469
Therefore the external financial needed is = $ 13800 - $ 13, 469
= $ 331
