Answer: I must invest <u>$68,163.04</u> today to buy a Ferrari 10 years from now.
We can interpret the data in the question as follows.
We need $185000 after 10 years, so this is the Future Value of an investment made today. We have to calculate the amount to be invested.
We need to use the Present Value formula in order to find the amount to be invested.
The formula is :
Substituting the values we get,
Answer:
The correct answer is True.
Explanation:
An incident report is a tool that records any event that could cause injury to people or damage to company assets. It should include almost accidents, damage to property and equipment, health and safety issues, safety violations and misconduct in the workplace.
Incident reports could be used to discover potential risks and hazards in the workplace and to raise awareness about these problems. That is why it is important to add an analysis of the causes and effects of any incident to avoid similar situations in the future.
Answer:
Bad debt expense for 2022 would be $2,950.
Explanation:
Bad debt expense for 2022 can be calculated as follows:
Bad debt expense for 2022 = Allowance for uncollectible accounts of at December 31, 2022 - (Balances in Allowance for Uncollectible Accounts on December 31, 2021 - Accounts receivable written off) = $4,300 - ($2,000 - $650) = $2,950
Therefore, Bad debt expense for 2022 would be $2,950.
Answer:
The correct answer is "$28.03".
Explanation:
The given values are:
Good purchase,
= $25
Dividend,
= $1.40
Annually earning,
= 5%
Beta coefficient,
= 1.3
Treasury bills,
= 1.4%
Now,
= 
= 
= 
(%)
hence,
The fair value will be:
= 
= 
Absolutely, the proposal including its brokerage must be adopted because as fair market value was almost $25.
