3 years ago

Below is the balance sheet for Northern Comfort Company for December 31 of 2015 and 2016.

Business

1 answer:

Pepsi [2]3 years ago

8 0

The answer is c I think

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The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $31,000 per year fo

Whitepunk [10]

Answer: 6.51%

Explanation:

To get the interest rate at which the deal will be fair

Annual payment per year/ cost × 100

Perpetuity = D/r

476000 = 31000/r

r = 31000÷ 476000

r = 0.06512

r = 0.06512 × 100

r = 6.512%

Where D is the dividend

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3 years ago

The nth term of the GP is (-1)^n(2)^n.

Bingel [31]

Answer:

-2, 4 and -8

Explanation:

Given the nth term of a GP expressed as;

$a_n = (-1)^n(2)^n$

When n = 1

$a_1 = (-1)^1(2)^1\\a_1 = -1 * 2\\a_1 = -2\\$

when n = 2

$a_2 = (-1)^2(2)^2\\a_2 = 1 * 4\\a_2 = 4\\$

when n = 3

$a_3 = (-1)^3(2)^3\\a_3 = -1 * 8\\a_3 = -8\\$

Hence the first three terms of the sequence are -2, 4 and -8

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2 years ago

Don and maria jefferies take $500 a month from savings. don and maria also receive social security, but maria receives 120 perce

bazaltina [42]

Don's monthly social security benefit is $772.73.

Let Don's monthly social security benefit be 'x'.

Don and Maria's monthly drawing from Savings =$500.

Maria's social security = 120% of Don's social security.

Total income = $2200.

So,

$500+x+\frac{120}{100}x = 2200$

$500+x+1.2x = 2200$

$2.2x = 1700$

$x = $772.73$

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3 years ago

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Financial risk management is a component of enterprise risk management (ERM). ERM encompasses the methods and procedures used by

KiRa [710]

Answer:

Business risk.

Explanation:

Business risk (uncertainty associated with the ability to forecast EBIT due to factors such as sales variability and operating leverage).

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2 years ago

Armstrong industries has a contribution margin of $300,000 and a contribution margin ratio of 30%. how much are total variable c

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3 years ago