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
ddd [48]
3 years ago
10

Acceleron is planning future expansion with a new facility in Indianapolis. The company will make the move when its real estate

sinking fund has a total value of $1.2 million. If the fund currently has $400,000 and the company adds $50,000 per year, how many years will it take for the account to reach the desired value? The fund earns interest at a rate of 10% per year.
Business
1 answer:
alukav5142 [94]3 years ago
7 0

Answer:

6.67   years

Explanation:

The number of years for the firm to reach the desired value of $1.2 million can determined using the  nper formula in excel as below:

=nper(rate,pmt,pv,-fv)

rate  is the interest rate earns by the fund at 10% per year

pmt is the addition to the fund in each year which is $50,000

pv is the current amount in the fund which is $400,000

fv is the desired value of $1.2 million

=nper(10%,50000,400000,-1200000)=  6.67  years

It would take  6.67   years for the sinking fund to reach the desired value of $1,200,000

You might be interested in
The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $380,000
Sedbober [7]

Answer:

company can value of $190909.1

Explanation:

Given data:

current assets = $1,312,500

current liabilities =  $525,000

initial inventory level is $380,000

current ratio = 2.2

current liabilities is calculated as = \frac{Current/ Assets}{current/ ratio}

plugging all value  in above relation

current liabilities= \frac{1312500}{2.2}

current liabilities = $ 596590.90

and we know  current liabilities is  $525,000. Thus company can value of $190909.1

8 0
3 years ago
The three phases involved in the management of large projects are
Simora [160]
Operations management are multiple activities that create value for consumers by way of a good or service. The create the good or service and put them out in the market. 
When planning a managing a large product you need to make sure that the phases are follow throughly and accurately.
Phase 1) Planning
Phase 2) Scheduling
Phase 3) Controlling
8 0
2 years ago
Who of the following is not included in the Bureau of Labor Statistics' "employed" category?
kozerog [31]

Answer:

c. those waiting to be recalled to a job from which they had been laid off

Explanation:

Employment need not mean to be employed under a citizen it basically means to be working and earning, whether under permanent contract or under temporary contract.

Being on vacation do not mean to be unemployed it basically means to be on temporary leaves, and that the leaves might or might not be paid.

Involving one self into family business is also employed.

But a person who is removed from job and then is waiting for a call is clearly unemployed.

7 0
3 years ago
Which of the following represents a market failure?
Marat540 [252]

Answer:

a. Shopping for used cars when the seller has private information about the car unavailable to the buyer

Explanation:

When the market is not able to produce an efficient quantity, then it is said that market is failed. This might happens due to many reasons and asymmetric information is one of them. When there is an asymmetric information, then the sellers of the used car have information about it, but the buyer do not have the full information about the used car.

Hence this leads to inefficient outcome and therefore market fails.

Hence it can be said that a market failure example is Shopping for used cars when the seller has private information about the car unavailable to the buyer.

Hence option first is the correct answer.

7 0
3 years ago
_____ provides employees with specific, identifiable knowledge and skills for use in their present jobs
timofeeve [1]
TRAINING provides employees with specific, identifiable knowledge and skills for use in their present jobs
6 0
3 years ago
Other questions:
  • On January 1, Year 1, Big Co. enters into a contract with a customer to build a bridge on the customer’s land for $2,500,000. Th
    13·1 answer
  • Vanessa’s snowboard manufacturing company has encountered problems with one of its computerized decal makers. Vanessa might get
    12·1 answer
  • Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $25.00 per share. Goode's dividend is expected to g
    14·1 answer
  • Barker brothers pens utilizes a strategy of low-priced pens to attract customers and discourage competition. this represents a _
    12·1 answer
  • In 2003, Congress passed a substantial cut in income taxes. The Federal Reserve also substantially lowered interest rates. How c
    11·1 answer
  • E3-17 (Algo) Calculating Equivalent Units, Unit Costs, and Cost Assigned (Weighted-Average Method) [LO 3-3] Vista Vacuum Company
    7·1 answer
  • You can expect that an investment could gain or lose as much as 20% in a year. Your investment is $5,000. What is the lowest val
    11·1 answer
  • A friend of Mr. Richards recently won a law suit for $30 million. They have the ability to either take the payments over 10 year
    12·1 answer
  • In which of the following scenarios would enforcement of specific performance be appropriate? Multiple Choice Your bookstore agr
    10·1 answer
  • the burden of a tax falls entirely on sellers if group of answer choices the price elasticity of demand is unitary elastic the p
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!