Answer:
annual payment = $5,496.25
Explanation:
the $5,000 that they deposit today will be worth $5,000 x (1 + 6%)⁶ = $6,691.13 in 6 years.
this means that they need to save an extra $45,000 - $6,691.13 = $38,308.87
we can calculate the amount that they need to deposit at the end of every year to have $38,308.87 in 6 years by using the future value of an annuity formula:
FV = payment x annuity factor
payment = FV / annuity factor
- FV = $38,308.87
- FV annuity factor, 6%, 6 periods = 6.970
annual payment = $38,308.87 / 6.97 = $5,496.25
<em>Profit</em><em> </em>is what is left after a firm plays its variable costs and fixed costs.
Answer:
1. I would choose a limited liability company (LLC).
2. A LLC is a hybrid between a partnership and a corporation. The firm is a pass through entity, meaning that the owners are taxed directly (no corporate tax). But it also provides limited liability, so the owners are not personally liable for the firm's obligations.
Explanation:
Answer:
(a) Cash received from customers = Cash flow from operating activities as this is the regular transaction of every business.
(b) Cash paid to stockholders = Cash flow from financing activities as this is the payment for any investment made by shareholders, in return when the shares are matured or treasury stock is purchased then, this is financing activity.
(c) Cash received from issuing new common stock = Cash flow from financing activity, as this will generate funds for the company, therefore it is a financing activity.
(d) Cash paid to suppliers = Cash flow from operating activities, this a regular payment in exchange of goods purchased, cash outflow.
(e) Cash paid to purchase a new office building = Cash outflow from investing activity, as this is an investment capital in nature, and will provide in return capital base or other income in form of rent.
Answer:
Bar Code
Explanation:
Bar Code is the term which is defined as the method or a way for representing the data in a machine readable or a visual form. It states the data which varying the spacings as well as the widths of the parallel lines.
It is also known as the spelled bar code. It is in the form of parallel lines as well as in form of numbers which is printed on and helps in identifying the product.
Therefore, the series of line on the packaging product which the cashier scan at the store is known as the bar code.