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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

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A company began its operations on April 1 of the current year. Budgeted sales for the first three months of business are $250,00
Mariana [72]

Answer:

Total cash collection May= $306,000

Explanation:

Giving the following information:

Sales:

April= $250,000

May= $320,000

June= $410,0000

The company expects to sell 50% of its merchandise for cash. Of sales on account, 60% are expected to be collected in the month of the sale, 40% in the month following the sale.

<u>Cash collection May:</u>

Sales on cash May= 320,000*0.5= 160,000

Sales on Account May= (160,000*0.6)= 96,000

Sales on Account April= (250,000*0.5)*0.4= 50,000

Total cash collection May= $306,000

8 0
2 years ago
A description of what the company is capable of becoming is referred to as A. strategic mission. B. strategic flexibility. C. st
bulgar [2K]

Answer:

C.  strategic vision.

Explanation:

Strategic vision -

It provides the overview about the success or failure in the coming future , is referred to as strategic vision.

This helps to forecast the future , goals and th upcoming projects of the company or organisation .

The strategic can be short as well as long term , depending on the time period of the project .

Hence , from the given information of the question,

The correct option is C. strategic vision .

4 0
3 years ago
Susan buys a new cell phone priced at $145 and agrees to pay for it over 12 months with 10% simple interest. What is her monthly
algol [13]

Answer:

Monthly payment 13.

Explanation:

No Mont Capital Interest

   

1         13 12 1

2         13 12 1

3         13 12 1

4          13    12 1

5          13 12 1

6          13 12 1

7         13 12 1

8          13 12 1

9         13 12 0

10         13 12 0

11          13 13 0

12         13 13 0

     153   145 8

6 0
3 years ago
Brand 123 has customers in many countries purchasing its bicycles, but its managers are unsure if the brand is truly a "global b
Inga [223]

Answer: d. 30%

Explanation:

Global brands are companies that have achieved international success such that they are recognised in many other countries apart from their own and have many customers in other countries as well.

However, simply being known abroad does not classify a company as a global brand. The company must be generating sufficient revenue from their operations outside as a proportion of their total revenue their home country with sufficient meaning at least 30% of their revenue.

6 0
3 years ago
The process of exchange of goods or services from sellers to buyers is referred to as:
aliina [53]

Answer:

Marketing

Explanation:

Hope this helps!

3 0
2 years ago
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