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
Murrr4er [49]
3 years ago
12

Goods Guys Foods established a trust fund that provides $125,000 in scholarships each year for needy students. The trust fund ea

rns a fixed 7.25 percent rate of return. How much money did the firm contribute to the fund assuming that only the interest income is distributed
Business
1 answer:
antiseptic1488 [7]3 years ago
5 0

Answer:

$1,724.138

Explanation:

Given:

Payment received each year = $125,000

Rate of return = 7.25 % = 0.0725

Present value = ?

Computation of Present value:

Present value = Payment received each year / Rate of return

= $125,000 / 0.0725

= $1724137.93

Present value = $1724137.93

Present value = $1,724,138 (approx)

Therefore, firm have to contribute  $1,724.138

You might be interested in
In 2014, short-term interest rates were near zero, and yet the economy was still sluggish with low rates of economic growth and
LUCKY_DIMON [66]
I don’t even know to be honest only commenting to get some points ....:
6 0
3 years ago
Tony's marginal income tax rate is 24%, and he pays FICA tax on his entire salary (7.65%). Tony's employer offered him a choice
Vlad [161]

Answer: The fringe benefit is worth $182 more than the additional salary.

Explanation:

The Fringe benefit is valued at $3,600.

The additional salary after taxes is:

= 5,000 - (5,000 * 24%) - (5,000 * 7.65%)

= 5,000 - 1,200 - 382.5

= $3,418

The Fringe benefit is worth more than the salary by:

= 3,600 - 3,418

= $182

<em>Options are more probably for a variant of this question. </em>

8 0
3 years ago
List the following in order of most to least liquid
Otrada [13]

Answer:

What  following me dude

Explanation:

7 0
2 years ago
Money provided by a third party to help students meet the costs of attending college. It can be provided by various agencies inc
artcher [175]

Answer:

Financial aid.

Explanation:

For American citizens, the dream is of going into higher education. but the tuition cost is very expensive as not everyone can offered such expensive fees for enrolling into a course. The different course has different fees. For supporting the people in their financials, many organizations like public, state, financial institutions help them.

So here in the given scenario, the financial aid is the best option fitted.

7 0
3 years ago
wilson corporation exchanged land and $4,500 cash for material handling equipment. the land had a book value of $45,000 and a fa
77julia77 [94]

Book Value Of Asset 58500000. Book Value of Assets is the asset's value in the books of records of a company or an institution at any given instance.

Assets Book Value Formula = Total Value of an Asset – Depreciation – Other Expenses

Book Value Of Asset  is$4,500(58,000 - 45,000) and the fair value of asset exchanged is58500000. As there is a change in the value, this substance exists in the transaction.

Commercial substance exists in business transactions where the outcome is anticipated to change the company's cash flows in the future and is considered only when there is a significant alteration in the risk of cash inflow, the timing of cash inflow, and the amount paid as a result of the transaction.

Learn more about Asset from

brainly.com/question/25746199

#SPJ4

7 0
1 year ago
Other questions:
  • Suppose you manage a local grocery store, and you learn that a very popular national grocery chain (Whole Foods or Walmart) is a
    9·1 answer
  • The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance a
    12·2 answers
  • Joy, a sales representative, is placed in a group with an engineer from operations, a human resource specialist, and a financial
    9·1 answer
  • Inflation in the developing country of terbia has been rising over the last few years and is currently at a very high level. two
    5·1 answer
  • In the adopter categories, the final 16 percent to adopt are similar to innovators in that they do not rely on the norms of the
    6·1 answer
  • The Japan-based multinational Sony engaged in _________ when it partnered with Shanghai Oriental Pearl Group. Together, the two
    9·1 answer
  • The Fama-French 3 factor model contains... Group of answer choices market, momentum, and liquidity risk factors none of the answ
    13·1 answer
  • How do working conditions and company's image motivate employees?
    9·1 answer
  • Puget World, Inc., manufactures two models of television sets, the N 800 XL model and the N 500 model. Data regarding the two pr
    5·1 answer
  • New york city, london, and tokyo are examples of ______ financial centers because of their fiscal transparency and strict tax po
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!