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cluponka [151]
1 year ago
11

yamaha incorporated hires a new chief financial officer and promises to pay him a lump-sum bonus four years after he joins the c

ompany. the new cfo insists that the company invest an amount of money at the beginning of each year in a 7% fixed rate investment fund to insure the bonus will be available. to determine the amount that must be invested each year, a computation must be made using the formula for:
Business
1 answer:
4vir4ik [10]1 year ago
7 0

To determine the amount that must be invested each year, a computation must be made using the formula for the future value of an annuity due. The future value of an annuity can be described as the sum of the future value of each payment.

Investing can be defined as the process of buying assets that increase in value over time and provide returns in the form of income capital gains or payments. The equation for the future value of an annuity due is the sum of the geometric sequence, or can be written as  A(1 + r)1 + A(1 + r)2 + ... + A(1 + r)n.

Learn more about investing here brainly.com/question/15353704

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Explain what lower of cost or market means in regards to reporting merchandise inventory on the balance sheet.
Degger [83]

Answer and Explanation:

Inventory is an asset and is posted on the asset side of the balance sheet. As per accounting standards regarding inventory valuation, it can be either valued at historical cost or at market price, whichever is lower.

Historical cost is the cost at which asset was acquired. Market price is the price which would be received if the asset is replaced as on the date on which balance sheet is prepared. Inventory is valued at lower of the above mentioned costs.

4 0
3 years ago
Which of the following is the last step in creating budget
Zolol [24]
<span>Answer D, determining savings or debt, is correct. The first step is identifying and writing down your financial goal(s). The second one is to start writing down every single one of your transactions, this is the most important because it shows you your spending habits. The third step is to create the actual budget. Set aside a certain amount of money for each bill/necessity. The last step is to determine what your savings are.</span>
6 0
3 years ago
Read 2 more answers
Europe was hurt by the financial crisis in 2008. High unemployment hit all areas of the population. However, the group that was
atroni [7]

Answer: Human capital  

   

Explanation: In simple words, human capital refers to the economic value that arises due to the knowledge, skills and experience of the labor in an economy.

In the given case, European union is aiming to provide better education and vocational knowledge to the young labor of the economy so they contribute to the continuously lowering GDP.

Hence from the above we can conclude that the correct option is A.

6 0
3 years ago
Read 2 more answers
Would walmart be able to offer such low prices if they were a different type organization?
zheka24 [161]

No, Walmart won't be able to offer such low prices if they were a different type organization

Walmart might soon follow in the footsteps of Borders booksellers, Sam Goody's record stores, and other once-dominant retailers whose market share shrank and finally collapsed as online sales got steadily larger if it didn't keep its pricing low enough to compete with e-commerce behemoths like Amazon.

Walmart has kept operating costs down since its inception in the early 1960s by heeding the advice of its late founder and namesake Sam Walton. Even after becoming a multi-millionaire, Walton is infamous for still using an old pickup vehicle for transportation. by using low-cost travel choices for executives and by maintaining a simple in-store design.

To learn more about Walmart refer to:

brainly.com/question/16607243

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5 0
2 years ago
What happened to the American and Filipino troops that surrounded on the Philippines
cestrela7 [59]
On this day in 1942, U.S. Lieutenant General Jonathan Wainwright surrender all U.S. troops in the Philippines to the Japanese
4 0
3 years ago
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