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seraphim [82]
4 years ago
12

You are planning to make monthly deposits of $458 into a retirement account that pays 6.3 percent interest compounded monthly. I

f your first deposit will be made one month from now, how large will your retirement account be in 31 years
Business
1 answer:
Jobisdone [24]4 years ago
4 0

Answer:

$521,444

Explanation:

PMT (Monthly deposit) = $458

i/r = 6.3% / year = 0.525% / month (Since the interest is compounded monthly, the interest should be calculated in monthly)

n = 31 years = 372 months. Since the first deposit will be made one month from now, n = 371 should be input into financial calculator.

PV (Present Value) = 0

FV = $521,444

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Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000. Also, cash of $50,000 was borrowe
zhannawk [14.2K]

Answer:

$520,000

Explanation:

Kela corporation reports a net income of $450,000

The depreciation is $70,000

A cash of $50,000 was borrowed on a 5-year note payable

Therefore, the total cash inflows from operating activities can be calculated as follows

= Net income+depreciation

= $450,000+$70,000

= $520,000

Hence the total cash inflow from operating activities is $520,000

8 0
3 years ago
Andre's Dog House had current assets of $67,200 and current liabilities of $71,100 last year. This year, the current assets are
e-lub [12.9K]

Answer:

$1400

Explanation:

Net working capital is obtained by subtracting total current liabilities from total current assets.  Current assets and liabilities are expected to be used or paid within one year.

Change in net working capital would be the change in current assets - change in current liabilities.

last year  current assets  $67,200 : current liabilities $71,100

This year  current assets  $82,600 : current liabilities  $85,100

change Net operating capital = {$82,600- 67,200} - {85,100 - 71,100}

                     =$15,400 -14,000= -$1400

Change in networking capital = $1400

8 0
3 years ago
What factor is usually agreed upon prior to the submission of a purchase order?
tester [92]

Answer:

number of products to be purchased

Explanation:

A purchase order is prepared by a customer and addressed to a trader.  The document instructs the trader to supply the customer with the goods stated in the purchase order document.

Before a customer writes the purchase order, an agreement is made on the quantity to be ordered. The trader has to confirm that they have the required quantity in the stores, or it will be availed within a reasonable time.

The price is agreed at the quotation stage. The customer first sends an inquiry, which the customer responds to with a quotation.

4 0
3 years ago
Sweet Sue Foods has bonds outstanding with a coupon rate of 5.44 percent paid semiannually and sell for $1,930.36. The bonds hav
tigry1 [53]

Answer:

Current yield=5.6%

Explanation:

<em>The current yield is the proportion of the current price of a bond earned as annual  interest payment.</em>

<em>Current yield = annual interest payment/bond price</em>

<em>Annual interest payment = coupon rate × face value</em>

                                          = 5.44% × $2000

                                          = $108.8

Current yield

= annual interest payment/price

= $(108.8/1,930.36) × 100

= 5.6%

Note we used the annual interest payment nothwithstanding that interests are paid semi-annually

6 0
4 years ago
In _____, members control decisions about and execution of a complete range of tasks-acquiring raw materials and performing oper
Semenov [28]

In autonomous, members control decisions about and execution of a complete range of tasks-acquiring raw materials and performing operations, quality control, maintenance, and shipping.

A team may be a work group composed of multinational members whose activities maintenance multiple countries; teams have successfully  cultural, geographic, and managerial  to team effectiveness.

Task specialist means an individual assigned by the operator or a 3rd party, or acting as an undertaking, who performs tasks on the bottom directly related to a specialized task shipping or performs specialized tasks on board or from the aircraft. Among the trends that are occurring in today's high-performance work systems are reliance on knowledge workers, empowerment of employees to form decisions, and therefore the use of teamwork.

A group could be a collection of people who coordinate their efforts, while a team may be a group of individuals who share a typical goal. While similar, the 2 are different when it involves decision-making and teamwork.

A v agent (sometimes called an intelligent  agent (IVA), could be a software program that uses scripted rules and, increasingly, applications to supply automated service or guidance to humans.

Types of labor means occupational categories of work that include a group of job functions requiring the performance of a typical set of tasks and may include several jobs. It refers to a broad group of jobs and that have a standard set of labor tasks and functions.

learn more about maintenance: brainly.com/question/13110766

#SPJ4

6 0
2 years ago
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