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goblinko [34]
3 years ago
7

Your employer contributes $60 a week to your retirement plan. assume you work for your employer for another 20 years and the app

licable discount rate is 9 percent. given these assumptions, what is this employee benefit worth to you today?.
Business
1 answer:
frutty [35]3 years ago
3 0
Present value annuity will be given by:
PVA=P[1-(1+r)^-n]/r
where:
PVA=present value annuity
P=periodic paymeny
r=rate per period
n=number of periods
substituting the value we get
PVA=60*[1-{1/(0.09/52)]^20})/(0.09/52)]
this will give us:
$28,927.38
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Opposite of left, right. Opposite of right, left

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Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover f
Artyom0805 [142]

Answer:

The correct option is E

Explanation:

The formula to compute the accounts receivable turnover of the company for the Year 2 is as:

Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable

where

Net Credit Sales be $723,000

And

Average Accounts Receivable is computed as:

Average Accounts Receivable = Accounts receivable Year 1 + Accounts receivable Year 2 / 2

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5 0
3 years ago
On July 14 joseph invested $12000 in a fund that was growing at 5% compound semi annually
kramer

Answer:

$12,300

Explanation:

I will assume that Joseph invested in the fund on July 14, 2013.

We have to calculate the future value to March 15, 2014 (8 months later).

since the interest is compounded semi annually, it will earn interest on January  14, 2014.

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5 0
3 years ago
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Alex17521 [72]

Answer:

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Hence the amount of accounts receivable reported on the company’s budgeted balance sheet as of July 31

= $22,200 + $95,400

= $117,600

8 0
3 years ago
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