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Reika [66]
3 years ago
12

Nicole is considering opening a Roth Individual Retirement Account. If she invests into the Roth IRA, determine the amount in th

e account if she makes annual payments of $4,291 into an account paying 2.23% interest compounded annually for 30 years.
Business
2 answers:
velikii [3]3 years ago
8 0

Answer:

$180,488.86

Explanation:

Komok [63]3 years ago
3 0

$180,488.86 will be the amount in her account in 30 years

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Economic growth refers to a steady increase in the production of goods and services in an economic system.
MatroZZZ [7]

Answer:

<em>Economic growth refers to a steady increase in the production of goods and services in an economic system.</em><em> </em><em><u>True</u></em>

3 0
2 years ago
The XYZ Corporation pays no cash dividends currently and is not expected to for the next five years. Its latest EPS was $18.00,
stellarik [79]

Answer:

current intrinsic value per stock = $26.35

Explanation:

year                      dividend              EPS

0                              0                       $18

1                               0                       $20.88

2                              0                       $24.22

3                              0                       $28.10

4                              0                       $32.59

5                              0                       $37.81

6                              $12.59              $41.97

growth rate up to year 5 = 16%

ROE growth rate starting year 6 = 11%

dividend growth rate starting year 6 = 11% x (1 - 30%) = 7.7%

cost of equity = 24%

horizon value at year 5 = $12.59 / (24% - 7.7%) = $77.24

current intrinsic value per stock = $77.24 / 1.24%⁵ = $26.35

4 0
2 years ago
On December 1, 2017, Prosen Distributing Company had the following account balances.
maxonik [38]

Answer:

if i was u i would dived and split it into 2rolls to help me

Explanation:

i would do it but i kinda dont have time right now i hope this helps u "WHOLE LOTTA LOVE'

5 0
3 years ago
Total stockholders' equity represents :
Ganezh [65]

Answer:

c. a claim against a portion of the total assets of an enterprise.

Explanation:

The statement of stockholder's equity comprises common stock, preferred stock, and retained earnings.  

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares  

In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced. So, its claims against the portion of the total assets

5 0
3 years ago
3.Which of the following is not a characteristic of a vertical organizational structure? A. Greater efficiency in handling uncom
Natasha_Volkova [10]

Answer:

  • <em><u>D. Consists of casual relationships and external office influences </u></em>

Explanation:

<em>Vertical organizational structures</em> consist is a very is a very hierarchical form of organization. And it has a typical pyramidal structure: few people on top and a wide base.

The rules emanate from top management and are transmitted down by each division, department, until they reach employees at the lower level of the company.

Indeed they are efficient because of they have clear rules to follow by the employees, that they can use to handle quickly most of daily tasks. Thus option <em>"A. Greater efficiency in handling uncomplicated tasks"</em> is true.

These kind of organizations may be little encouraging for the lower levels, as they just must follow the rules and are not able to implement new procedures by themselves. Thus, it is true that <em>"B. Lower employee morale and satisfaction"</em> may undermine the lowers levels and some good employess would migrate to other enterpises where they can develop their ideas. Thi si a clar disavantage.

<em> C. Slower communication </em>

Since the communication has to pass for all intermediate levels, these organizations have typically slower communiction. Thus, this is true too.

<em>D. Consists of casual relationships and external office influences </em>

This is not a characteristic of vertical organizational structures; on the contrary, the relationships are generally ruled by the same hierarchical formal relationships. This is, the command line is the same line of the relationships.

Nowadays, most enterprises are aware of the importance of developing a team bases on high morale and wide and good relationships, thus theses effects are handled by the top and medium level management searching to be more effective, encouraging, and satisfactory for all the employees.

8 0
3 years ago
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