Answer:
a. How much will Ruby’s IRA be worth when she needs to start withdrawing money from it when she retires?
the future value of Ruby's IRA = $10,000 x 21.725 (FV factor, 8%, 40 periods) = $217,250
b. How much money will she have to accumulate in her company’s 401(k) plan over the next 40 years in order to reach her retirement income goal?
she needs to accumulate $875,000 - $217,250 = $657,750 during the next 40 years
the annual contribution = FV / FV annuity factor = $657,750 / 259.057 (FV annuity factor, 8%, 40 periods) = $2,539.02 per year
Answer:
Research proposal
Explanation:
Research proposal is a written statement that describes the marketing problem, the purpose of study and the research methodology to be used.
Answer:
a decrease in the total amount of units produced while fixed costs remain the same (that is why they are called fixed).
Explanation:
For example, company A produces 1,000 units with a total variable cost per unit of $10 plus $10,000 total fixed costs. Company A's total costs = $20,000
If company A's production level decreases to 950 units, their total costs = $19,500. Therefore a 5% decrease in production units only decreases fixed costs by 2.5%.
Company A's total costs were evenly split between variable and fixed costs, but sometimes either variable or fixed costs are proportionally larger. If the fixed costs of company A had been 67% of total costs instead of 50%, the 5% decrease in units produced would have reduced total costs by only 1.7%.
So the larger the proportion of fixed costs, a change in the number of units produced will have a smaller impact in the total costs of the company.
It is said that respect is reciprocal. Which means that when you show others some respect, they as well will show you some respect. In that sence, when you do not respect someone, they will not respect you<span>. Therefore, it is good to show people respect so that they can respect you as well.</span>
SCORE is where retired experts volunteer to provide free advice to small businesses that are just getting started.
<h3>What is SCORE?</h3>
SCORE is a non-profit organization where mentors and experts in different business fields who volunteer together to help the small organizations and ventures to launch and grow their business by further expansions.
Hence, option D holds true regarding SCORE.
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