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Volgvan
3 years ago
10

You deposit $5000 at end of each year for 10 years. assume you are earning 8.88% per year for the entire problem. after 10 years

of making these deposits, you keep the money in the bank, still earning 8.88%. how many years (after you made the last deposit will it take for your money to grow to $534,480?
Business
1 answer:
yan [13]3 years ago
8 0
I say around 15-25 yrs but really i am not sure just being honest 

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The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice
kenny6666 [7]

The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice is explained in the following way

Explanation:

  • The generic types of competitive strategies include: low-cost provider, broad differentiation, best-cost provider, focused low-cost, and focused differentiation strategies. Which of the following generic types of competitive strategies is typically the "best" strategy for a company to employ?

  • What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is: their concentrated attention on serving the needs of buyers in a narrow piece of the overall market. ... meaningfully lower overall costs than rivals on comparable products.

  • 1- By using its lower-cost edge to underprice competitors and attract price-sensitive buyers in great numbers to increase total profits.
  • When a Low-Cost Provider Strategy Works Best
  • Most buyers use the product in the same ways. Buyers incur low costs in switching among sellers. Large buyers have the power to bargain down prices. New entrants can use introductory low prices to attract buyers and build a customer base.

4 0
3 years ago
You manage an equity fund with an expected risk premium of 12.4% and a standard deviation of 38%. The rate on Treasury bills is
timama [110]
  • The expected return = = 12.84 %.
  • The standard deviation = 22.8 %.

<u>Explanation</u>:

On the client's portfolio (total investment = 120 K + 80 K = 200 K,  

  • The expected return

                    = (12.4 %risk premium + 5.4 %risk free return) \times (120 K / 200 K) + 5.4 % \times (80 K / 200 K)

                    = 17.8 % \times 0.6 + 5.4 % \times 0.4

                    = 12.84 %.

  • The standard deviation would be = 38 % \times 0.6 + 0% \times 0.4

                                                                  = 22.8 %.

4 0
3 years ago
Information that personally identifies an individual by data such as name, contact information, gender, ethnicity, financial, or
romanna [79]

Answer:

personal

Explanation:

Personal because that is there secret information that other employes/people should not see

7 0
3 years ago
Mariah Company has inventory at the end of the year with a historical cost of $ 74 comma 000. Mariah Company uses the perpetual
Ostrovityanka [42]

Answer: Debit: Cost of goods sold $1400

Credit: Inventory $1400

Explanation: The lower of cost or LCM rule indicates that a company needs to value it's inventory at the end of the year at whatever cost is lower, between the actual cost of the inventory or its market price currently. This is in accordance with US GAAP.

In Mariah Company the historical cost, which is the actual cost of the inventory and thus what it is valued at in the books, is $74000. Replacement cost, which is how much it would cost to replace an asset based on market rates, is only $72600. The replacement cost is thus lower. Since the inventory is still valued at historical cost in the books, it will have to been written down to the replacement cost value. To do this the difference between both costs will need to be deduced. Difference is thus: $74000 - $72600 =$1400.

When write down occurs, this is expensed to cost of goods sold. This is because there is a decrease in closing inventories. If there is a decrease in this figure then it will lead to a subsequent increase in cost of goods sold, leading to it being debited to show this increase (remember the formula to calculate cost of goods sold). Inventory is credited as the value of this inventory has decreased, and inventories decrease on the credit side.

7 0
3 years ago
What information should a public company present about revenues from foreign operations?
nevsk [136]

Answer:

Disclose unaffiliated customers sales and also the intra-company sales between geographical areas.

Explanation:

Public companies are required to disclose the amount of sales to unaffiliated customers by geographical region. At the same time, they must also disclose the intra-company sales between geographical areas. It is to be noted that the above said requirements are to be reported separately.

4 0
3 years ago
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