Answer:
<em>hello your question lacks some vital information hence I will make valid assumptions to aid the solution </em>
answer : $583333.33
Explanation:
22 yrs old
pre tax income = $35,000 per year
savings = $200/month
<u>Determine how much you will need to retire at 67</u>
lets assume : Interest rate = 6% per annum
annual withdrawable amount per year after retirement = $35,000
∴ amount to be saved up by 67 years = 35,000 / 6% = $583333.33
<u>hence amount needed to retire at age 67 </u>
target amount = $583,333.33
interest rate = 6%
number of years = 67 - 22 = 45
savings per year needed = 583,333.33 / 45 = $12962.96
<em>Note : saving $200 per month would not give the required amount needed to retire at age 67 </em>
The required monthly savings = 12962.96 / 12 = $1080.25
Macroeconomics is the branch of economics which deals with largescale or general economic factors like interest rates and national productivity. The correct answer is Macroeconomics.
<h3><u>What does Macroeconomics deal with?</u></h3>
- Macroeconomics examines the functioning, structure, and behavior of the entire economy (like people, households, industries, etc.) in contrast to microeconomics, which focuses primarily on the decisions made by individual economic actors.
- It analyzes the economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment. It also analyzes the causes, stimulation and driving forces of these phenomena and how the national performance can be improved.
- The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.
Therefore, the national performance indicators like inflation, unemployment, and federal government expenditures and resource utilization are analyzed are studied under Macroeconomics.
You can learn more about Inflation using the following link: brainly.com/question/1082634
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Answer:
46.67%
Explanation:
Gross margin is the ratio of gross profit to the total sales. The gross profit is the difference between the sales and cost of goods sold. Other cost given such as land and selling and distribution cost make up assets and operating expenses respectively.
Hence
Gross profit = $30,000 - $16,000
= $14,000
Gross margin = $14,000/$30,000
= 0.4667
The company's gross margin is 46.67%.
Answer:
Proposal A
3.75 years
Proposal B
3.375 years
Explanation:
<u>Proposal A</u>
Payback = 3.75 years
Year Cash Inflow Initial Investment Balance Year Count
0 0 1,050,000
1 $280,000 770,000 1
2 $280,000 490,000 2
3 $280,000 210,000 3
4 $280,000 0 *3.75
* 1050,0000 / 280,000 = 3.75 years
<u>Proposal B</u>
Payback = 3.375 years
Year Cash Inflow Initial Investment Balance Year Count
0 0 1,050,000
1 $350,000 700,000 1
2 $3150,000 385,000 2
3 $280,000 105,000 3
4 $280,000 0 *3.375
* ( 3 + ( 105,000 / 280,000 ) ) = 3.75 years
Answer:
b. Common-size income statement
Explanation:
The common-size income statement refers to the income statement which show the each item of the income statement with respect to the percentage of sales revenue.
It helps to analyze the company overall productivity, financial position, performance of the company that helps the company to compare with its competitors.
