Answer:
FV= $26,167.17
Explanation:
Giving the following information:
Quarterly deposit= $1,200
i= 0.036/4= 0.009
n= 5*4= 20
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
FV= {1,200*[(1.009^20) - 1]} / 0.009
FV= $26,167.17
Answer:
I have prepared the cash disbursement schedule as requested,find it in the attached excel template.
Explanation:
Kindly note that data for other months whose cash disbursements are not required such February ,March and July had impact on the schedule one way or other,hence they are shown in the computation.
In addition, I have color blue to lay emphasis on the three months requested for.
Answer:
a.setting of capital stock prices is the correct answer.
Explanation:
Managerial Decision: Any type of decision about the progress of a firm. These decisions involve establishing a target for growth, hiring or dismissing workers, and selecting what goods to market.
Some of the types of managerial decisions are :
- Individual and Group Decisions.
- Programmed and Nonprogrammed Decisions.
- Routine and Basic Decisions.
- Major and Minor Decisions.
Steps involved in the managerial decision-making process
- To Establish an Objective
- Identifying the Solutions for the identified problem
- gathering and analysis of the important data.
- Implementing the Conclusion.
Answer:
The total amount paid to bondholders is $2,420.
Explanation:
Bonds are long-term liability or debt, usually issued at face value, discount or premium.
The total amount paid to bondholders on December 31, 2018 will be the semiannual interest payments, calculated as follows: Face value of the bond x Period interest rate (semi-annual).
Total payment: $44,000 x 11% / 2 = $2,420
Answer:
The answer is 1.25
Explanation:
Debt to equity ratio tells us about how a company is running its business through borrowed money or contribution from its owners(equity). The ratio shows how healthy a company is.
Debt to equity ratio is total liability (debt) ÷ total equity.
Here, total liability(debt) will be our total debt.
Total liabilities(debt) = $15,000,000
Total equity = $12,000,000
So we have;
$15,000,000/$12,000,000
=1.25