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3 years ago

What ROI will you need to double your money in 12 years

1 answer:

7 0

The rule of 72 says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72.

so in this equation we would use: 72/x=12 then you solve for X

X = 6%

So it would take approximately 6% ROI

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Which of the following will not help a firm speed up the timing of when it can obtain the use of funds from checks written to it

MaRussiya [10]

Answer:

The correct answer is C

Explanation:

Zero-balance accounts is the checking accounts in which zero amount of balance is maintained through automatically transferring the funds from the master account in an amount which is only large enough in order to cover the checks presented.

This account will not speed up the timing when use the funds from the checks written as it has keep a zero balance in the account.

6 0

3 years ago

The constant dividend growth model: a. is more complex than the differential growth model. b. requires the growth period be limi

Finger [1]

Answer:

The correct answer is letter "D": can be used to compute a stock price at any point in time.

Explanation:

The Gordon Growth Model, also known as the Constant Dividend Growth Model, is used to measure the value of the stock at any point in time based on the projected future dividends of the stock. Investors and analysts are commonly used to compare the estimated value of the stock against the current market price. Analysts interpret the gap between the two prices as proof that the stock could be under or overvalued by the market.

8 0

3 years ago

Operating activities include long-term borrowing and repaying cash from lenders, and cash investments by or dividends paid to st

Phantasy [73]

Answer:

False (B)

Explanation:

Long-term borrowing & repaying cash from lenders

Long-term borrowing will be classified under financing activities as it represents capital sourced from loan investors (e.g Bondholders,Banks e.t.c). As for repaying cash from lenders, capital repayment will be classified under financing activities while interest is recognized either under operating or financing activity.

Cash investments by or dividends paid to stockholders.

Cash investment by stockholders will be categorized under financing activities while dividend paid can either be categorized as operating or financing activity.

4 0

3 years ago

On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000

Nataliya [291]

Answer:

Carrying Value=$3,903,000

Explanation:

First we will calculate the face value:

Face value=4000*$1000

Face value=$4,000,000

Purchase Price= Bond Purchased price- Accrued Interest

Purchase Price=$3,960,000-$60,000

Purchase Price=$3,900,000

Total months=100 months

Straight line Discount amortization= (Face Value-Purchase Price)/Total Months

Straight line Discount amortization=($4,000,000-$3,900,000)/100

Straight line Discount amortization=$1,000

Discount Amortization=Straight line Discount amortization*Discount months

Discount Amortization=$1,000*3

Discount Amortization=$3,000.

Carrying Value=Purchase Price+Discount Amortization

Carrying Value=$3,900,000+$3,000

Carrying Value=$3,903,000

7 0

3 years ago

A law firm seeks to recruit top quality experienced lawyers. the total package offered is the sum of three separate components:

Elena-2011 [213]

Answer:

S = 1.2N + 3,000E + 1,000 * (A - 21)
$204,000

Explanation:

1. An extra $1,000 for every year that they are over the age of 21. If the person is A years of Age then the expression is 1,000 * (A - 21).

An additional $3,000 for each year worked as a qualified lawyer. If the person has E years experience. Expression = 3,000E.

The basic salary is 1.2 time the candidate current salary. If the person currently earns $N the expression is; 1.2N

Putting that all together;

S = 1.2N + 3,000E + 1,000 * (A - 21)

2. Variables are; N = 150,000; E = 5 ; A = 30

S = 1.2N + 3,000E + 1,000 * (A - 21)

= 1.2 * 150,000 + 3,000 * 5 + 1,000 * (30 - 21)

= $204,000

7 0

2 years ago

What ROI will you need to double your money in 12 years​

What ROI will you need to double your money in 12 years