Lisa invested $5200 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?

Ariel wants to compare the salaries for positions she was offered at two companies. What should she consider in this process?

german

Answer:

She should research the cost of living of different locations to compare against the offered salaries.
She should research the benefits included in each offer.

She should research the average salary of similar positions to see if the offers are fair.

Explanation:

Remember, the cost living at the different locations is good basis to determine how much the actual value of he salary will be worth. For instance if location A pays her $5000 a month and her living expenses from the location takes about $4500, while location B pays her $3500 a month with a living expense of $1000, then she rather goes for location B she has more extra income.

Secondly, the benefits included in salaries is also to be considered. Does it includes medical insurance, transport allowance etc.?

Third the average industry pay level would also help Ariel know whether to accept any of the offers or not.

8 0

4 years ago

Read 2 more answers

Ursula buys a Verismooth boat from a Watercraft store, which agrees to keep the boat for Ursula until she picks it up. Before Ur

hammer [34]

Answer:

Watercraft store

Explanation:

In a situation such as this one, the loss of the boat is ultimately suffered by the Watercraft store. This is mainly due to the fact that they agreed to keep the boat for Ursula until she picks it up, which in doing so they ultimately agreed to take responsibility for the boat during that time. Therefore, any and all damages that have occurred to the boat are suffered by Watercraft and Ursula can sue them for a full refund of the boat.

3 0

3 years ago

Assume that the average firm in your company's industry is expected to grow at a constant rate of 5% and that its dividend yield

Galina-37 [17]

Answer:

required return on the company's stock = 11%

Value of each share =$88.51

Explanation:

The constant growth model states that $P_0=\frac{D_1}{k_e-g}$ . If ke is made subject of formular, $k_e=\frac{D_1}{P_0}+g$ .

This implies that ke= dividend yield plus growth rate = 6%+5%=11%. Therefore the required return on the company's stock = 11%

Values of each share = $\frac{D1}{(1+ke)^1}+\frac{D2}{(1+ke)^2}+\frac{D3}{(1+ke)^3}+\frac{P3}{(1+ke)^3}$ .

where $D_1= D_0*(1+g)=3(1.5)$

and P3= $\frac{D4}{ke-g}$

Value of each share = $\frac{3(1.5)}{(1+0.11)^1}+\frac{3(1.5)(1.25)}{(1+0.11)^2}+\frac{3(1.5)(1.25)(1.05)}{(1+0.11)^3}+\frac{3(1.5)(1.25)(1.05)^2}{(0.11-0.05)(1+0.11)^3}$ = 88.51

8 0

4 years ago

Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the c

ad-work [718]

Answer: $7924. 5

Explanation:

Given the following :

Cost of new equipment and timbers - $275,000

Working capital required - $100,000

Annual net cash receipts - $120,000

Cost to construct new roads in year three - $40,000

Salvage value of equipment in four years - $65,000

Kindly check attached picture for Explanation

4 0

3 years ago

Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co. Relevan

ollegr [7]

Answer:

construction in progress 400,000

cost of construction 600,000

revenue from long-term contracts 1,000,000

Explanation:

To derive revenue for this year :we say Total revenue $3,000,000- Revenue previously recognized $2,000,000 =

Revenue to recognize this year $1,000,000.

Cost recognized for the year= $600,000(as opposed to $12000000 in costs last year)

Gross profit recognized for this year = $1,000,000 - $600,000 = $400,000

4 0

4 years ago