Answer:
$146,212.00
Explanation:
PMT which is the annual savings is $2000
Rate is 8%
The annual savings would last for 25 years(65-40)
FVIFA FACTOR=(1+r)^n-1/r
r=8%
n=25
FVIFA FACTOR=(1+8%)^25-1/8%
FVIFA FACTOR=(1.08)^25-1/0.08
FVIFA FACTOR=(6.848475196-1)/0.08=73.106
Amount in the account at retirement=PMT*FVIFA FACTOR
Amount in the account at retirement=$2000*73.106=$146,212.00
Answer:
$1,200,000
Explanation:
Jack Corporation
Carrying value before net loss:
($1,500,000 - (20% x $1,000,000))
=$1,500,000-$200,000
= $1,300,000
Jack's share of net loss recognized in full:
20% x $6,000,000
= $1,200,000
Therefore the amount of loss should Jack report in its income statement for 2021 relative to its investment in Jill will be $1,200,000
We will be participating in (A) rights offer if you opt to purchase the shares you have been offered.
<h3>
What is Rights Offering?</h3>
- A rights offering (rights issue) is a set of rights granted to existing shareholders to purchase more stock shares in proportion to their existing holdings, known as subscription warrants.
- These are considered a sort of option since they enable stockholders of a firm the right, but not the responsibility, to purchase more shares in the company.
- The subscription price at which each share may be purchased in a rights offering is often discounted relative to the current market price.
- Rights are frequently transferrable, giving the possessor the ability to sell them on the open market.
- Each shareholder in a rights offering receives the opportunity to purchase a pro-rata allotment of extra shares at a certain price and within a specific time frame (usually 16 to 30 days).
Therefore, we will be participating in (A) rights offer if you opt to purchase the shares you have been offered.
Know more about Rights Offering here:
brainly.com/question/17232098
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The complete question is given below:
Currently, you own 5.4 percent of the outstanding stock of Keiffer Industries. The firm has decided to issue additional shares of stock and has given you the first option to purchase 5.4 percent of those additional shares. Which one of the following will you be participating in if you opt to purchase the shares you have been offered?
A. Rights offer
B. Red herring offer
C. Private placement
D. IPO
E. General cash offer
