1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xenn [34]
4 years ago
14

CII, Inc., invests $630,000 in a project expected to earn a 12% annual rate of return. The earnings will be reinvested in the pr

oject each
Business
1 answer:
Gelneren [198K]4 years ago
8 0

Answer:

$1,956,684

Explanation:

As the project has a expected annual return, we have to calculate future value of this investment to find how much money Cll, Inc. will have after 10 years to reinvest.

We know,

FV = PV × (1 + i)^{n}

Given,

Present Value, PV = $630,000

Annual rate of return, i = 12% = 0.12

Number of period, n = 10 years

Putting the value into the above formula, we can get,

FV = $630,000 × (1 + 0.12)^{10}

FV = $630,000 × 3.105848

FV = $1,956,684

$1,956,684 can be reinvested after the liquidation of 10 years.

You might be interested in
As price falls from Pa to Pb, we could use the three demand curves to calculate three different values of the price elasticity o
elena-s [515]

Answer:

c. 03

Explanation:

3 0
3 years ago
Which one of the following would not be considered an advantage of the corporate form of organization?a. Limited liability of ow
solmaris [256]

Answer:

Disadvantage of Corporate Form of Organization:

d. Government regulation

Explanation:

In recent times, government regulation of businesses appears to be regarded as a disadvantage of the corporate form of organizations.  Governments intervene and regulate corporate entities whenever they fail to be self-regulatory.  But, the regulations may appear to be so much that the corporate form of organization now looks like a disadvantage.  Given the many corporate scandals, collapses, and misapplications of resources by corporate entities that have become the order of the day, government regulation is very important.  Without government regulation, many corporate bodies will not be acting in the public interest.  This is more so with public entity corporate organizations with diverse stakeholders and corporate managers who act as if they were running their own autonomous governments.

5 0
4 years ago
What is the price paid for the use of borrowed money referred to as?
marshall27 [118]
Interest
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
3 0
3 years ago
Companies can and often do use different costing methods for financial reporting and tax reporting. An exception to this is the:
nignag [31]

Answer:

LIFO conformity rule.

Explanation:

LIFO refers to the Last in first out method. In this inventory system, the firm sells last units at first stage and then sells according to that

According to the given situation,  the LIFO conformity rule requires that the taxpayer follow the same inventory cost flow as used for tax reporting purposes in the financial statement.

Therefore the correct answer is LIFO conformity rule.

7 0
4 years ago
You open a bank account, making a deposit of $500 now and deposits of $1,000 every other year. What is the total balance at the
lianna [129]

Answer:

$6,625.347

Explanation:

The computation of the total balance at the end of 10 years is shown below:

We know that

Future value = Deposits × (1 + interest rate)^number of years

So, the future value would be

= $500 × (1 +0.04)^10 + $1,000 × (1 +0.04)^8 + $1,000 × (1 +0.04)^6 + $1,000 × (1 +0.04)^4 + $1,000 × (1 +0.04)^2 + $1,000

= $740 + $1,368.569 + $1,265.319 + $1,169.859 + $1,081.60 + $1,000

= $6,625.347

7 0
3 years ago
Other questions:
  • If you paid 1.5 points to get a $300,000 loan, how much would you expect to pay
    5·1 answer
  • The saving habits of ben and arthur best illustrate which principle of saving?
    9·1 answer
  • Suppose touchtech, a hand-held computing firm, is selling bonds to raise money for a new lab—a practice known as finance. buying
    15·1 answer
  • Free rider predicament is not a reason for developing policy for publicly held resources.
    6·1 answer
  • HOW MANY TIMES DOSE 3 GO INTO 42
    15·2 answers
  • Citizen suits allow an individual to do all of the following except _____.
    9·1 answer
  • You sold a car and accepted a note with the following cash flow stream as your payment. The effective price you received for the
    14·1 answer
  • The shape of a melody allows the piece to begin on the same note. What is this shape called?
    14·2 answers
  • Cinci Co. leased equipment for its entire 10-year useful life, agreeing to pay $50,000 at the start of the lease term on Decembe
    10·1 answer
  • The business cycle affects output and employment in capital and durable goods industries more severely than in industries produc
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!