Answer:
Expected withdrawal is $45,000 for 30 years = total of $1,350,000
You will be required to invest in $25.063 every year.
Explanation:
By applying the goal seek formula in excel to determine the annual invested fund, based on a compounded interest rate of 6% over a duration of up to a maximum of 25 years from Year 0, we can clearly see that Savings ought to be $25,063 for every year.
The future Value of each saved fund is derived and added to future value of each years subsequent saved fund to arrive at a total expectation of $1,350,000 expected value after 25 years (i.e. $45,000 annual withdrawal x 30 years of withdrawal)
This brings total savings to $626,572 for the entire 25 years
Kindly refer to the attachment for breakdown of workings.
Answer: customer will pay a sales charge
Explanation:
The statement which states that customer will have to pay sales charge in order to exchange shares within the family is not true. The fund family possesses an "exchange feature" at NAV. This means that the shares of one fund has the right to be redeemed and then reinvested in shares of another fund that is within the family without no sales charge.
For the customer that is exchanging Government bond Fund shares for the Growth Fund shares, tax event has occurred. Therefore, it will be expected that the customer's yield will reduce but that the capital gains will increase, because the person is moving from an "income" fund into a "growth" fund.
A business owner would
most likely create a cooperative instead of buying a franchise because:
- if he’ll buy a
franchise he has to buy raw materials and products from suppliers nominated the
franchisor
<span>- he has to follow the rules set by the
franchisor, even if they do not bring the maximum benefit to business</span>
<span>- stringent
restrictions on going out of business may be established for franchisees</span>
Answer:
$8,000
Explanation:
Data provided in the question:
Sales = $50,000
EBIT = $10,000
Depreciation = $4,000
Increase in Fixed assets = $2,000
Tax rate = 30%
Increase in net operating income = $1,000
Now,
PAT = EBIT - Tax
= 10,000 - (30% of EBIT)
= $10,000 - (30% of $10,000)
= $10,000 - $3,000
= $7,000
Operating cash flow = PAT + depreciation
= $7,000 + $4,000
= $11,000
Therefore,
Free cash flow
= Operating cash flow - Increase in Fixed asset - Net working capital
= $11,000 - $2,000 - 1,000
= $8,000
Answer:
B. represents the sum of the quantities demanded by all the buyers at each price of the good
Explanation:
The market demand curve is found by horizontally adding the individual demand curves.
The market demand curve slopes downward.
I hope my answer helps you
