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Nataly_w [17]
3 years ago
11

You want to have $18,000 in 9 years for a dream vacation. If you can earn an interest rate of .5 percent per month, how much wil

l you have to deposit today
Business
1 answer:
stiks02 [169]3 years ago
5 0

Answer:

$10,503.59

Explanation:

This question requires us to find how much you have to deposit today if:

Fv = 18,000

Time = 9 years

PV= fv/(1 + i)^n

N = 9 X 12 = 108

I/y = 0.5%

PV = $18,000 / 1.005^108

= $10,503.59

Therefore what you have to deposit today is $10,503.59

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A firm has a cost of debt of 7.5 percent and a cost of equity of 16.2 percent. the debt-equity ratio is 0.45. there are no taxes
valentina_108 [34]
About 16.2 percent of the cost of what ?
6 0
3 years ago
What is the ending balance on the statement of changes in owner's equity for this data?
creativ13 [48]

The Owner's Equity statement illustrates the capital account changes due to contributions, withdrawals, net income, or a net loss. So Ending Balance of the statement of changes in Owner's equity will be; Opening capital + Capital Added + Net Income - Owner's Withdrawals.

A one-page report titled a "statement of owner's equity" compares all assets and liabilities to determine the owner's equity's overall value. The snapshot, which is tracked over a predetermined time period or accounting period, depicts the flow of cash through a company.

Owner's equity is simply the difference between the owner's initial investment in the business and any withdrawals made by the owner. For instance: A real estate project with a value of $500,000 and a loan balance of $400,000 would have $100,000 in owner's equity.

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4 0
1 year ago
The main premise of ________ is that effective leaders choose one or more leadership styles to influence employee expectations r
NARA [144]

Answer:

Path-Goal Leadership Theory

Explanation:

Path-Goal Leadership Theory -

This theory was given by Robert House , in the year 1971 .

It refers to the type of leadership theory , where the behavior of the leader depends on the performance , motivation and satisfaction of the other employees , is referred to as the path - goal leadership theory .

It is also referred to as path–goal theory of leader effectiveness .

Hence , from the given information of the question ,

The correct answer is Path-Goal Leadership Theory .

3 0
3 years ago
WILL GIVE BRAILIEST
Korvikt [17]
C. Current status and intermediate goals
5 0
3 years ago
During its first year of operations, Walnut Company completed the following two transactions. The annual accounting period ends
natima [27]

Date               Account title                      $Debit                  $Credit

Dec 31            Wages Expenses               4800

                       Wages Payable                                              4800

                          (to record accrued wages)

Jan 06             Wages Payable                 4800

                        Cash                                                              4800

                        (to record payment of wages in cash)

An accounting period, in bookkeeping, is the length with reference to which management accounts and monetary statements are prepared. In management accounting, the accounting period varies widely and is decided via management. monthly accounting periods are common.

An accounting duration is the time frame for which a business prepares its financial statements and reports its financial performance and position to external stakeholders. this could be after three, six, or twelve months. The accounting period usually coincides with the business's fiscal year.

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6 0
1 year ago
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