Answer:
In 45 years we are going to have: 1,461,731.021
Explanation:
we are going to deposit the 8% of each salary.
we must notice the amount will grow by 4% each time. this will be a geometric annuity as the quota increase as a reason of 1 + q
the formula is:
grow = q = 0.04
capital return = 0.11
First quota = we will deposit 8% of the next year salary:
70,000 x 1.04 x 8% = 5,824
n= we retire in 45 year but we start doing this deposit next year= 44
1,461,731.021
True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
Answer:
Letter c is correct
Explanation:
In this case, the amount of supply will be smaller and the price may remain, rise or fall. The factor that influences this price behavior is the law of supply and demand, it will determine what will be the prices of a market. So if there is a balance between supply and demand, the most likely to happen is price stabilization, which can be changed more or less depending on other economic factors that may arise, such as the emergence of a competitor.
Answer:
The Net cash is 224.000
Explanation:
To get net cash flow using the indirect method we must make adjustment to the net income.
It depends on the movement if it is added or subtracted to net income
In this case,
Net income 252.000
+ Depreciation expense 26.000
- Increase in accounts receivable (15.000)
- inventory increased (40.000)
+ decreased Prepaid expenses 2.000
- accounts payable decreased (4.000)
+ loss on the sale of equipment 3.000
Net cash 224.000
Answer:
C) performance of the contract is commercially impracticable.
Explanation:
Contract law contemplates certain situations where performing the contract is either difficult or impossible and therefore the party is not liable for breaching the contract.
Commercial impracticability applies to contracts where the performance of at least one party is impracticable and cannot be accomplished.
In this case, Quinn cannot perform his duty since the price of scrap steel increased beyond any reasonable price contemplated in the contract. Since Quinn is not responsible for setting the price of scrap steel, he is not liable for breaching the contract.