Answer:
<h2>$72,000</h2>
Explanation:
We need to first calculate the interest on investing $30,000 after 20 years at 7% in a single-premium tax-deffered annuity using the simple interest formula.
Simple interest = Principal * Rate * Time/100
Simple interest = $30,000*7*20/100
Simple Interest = $42,000
After-tax dollars that will be accumulated in 20 years = Initial investment + Interest = $30,000+$42,000 = $72,000
<em>Hence, after-tax dollars that will be accumulated in 20 years is $72,000.</em>
The company's weighted-average shares for the purpose of calculating basic EPS will be $1.80
Explanation:
- Salt Company reports net income of $360 million for 2017; the company's tax rate is 40%. At the beginning of the year, 200 million common shares were outstanding.
- On July 1, Salt sold an additional 80 million shares and on October 1 distributed a 10% stock dividend.
- On December 1, the company reacquired 24 million of its outstanding shares.
- Salt Company reports net income= $360
- 200 million common shares were outstanding
- EPS =
= $1.80 - The company's weighted-average shares for the purpose of calculating basic the EPS will be $1.80
- Earnings per share (EPS) is a company's net profit which is divided by the number of common shares.
Answer: Option C
Explanation:
The human resource of any company is the most valuable resource as the use of all other resources are dependent on it.
In the given case, the company have acquired a lot of assets over the years, that means the company do not lack in technology and physical resources like machinery etc.
Now the company can gain a competitive advantage by using the expertise of their employees in usage of the assets acquired.
Hence from the above we can conclude that the correct option is C .
