Answer:
Final Value= $4,216,869
Explanation:
Giving the following information:
You have decided that one year from today you will begin depositing 10 percent of your annual salary in an account that will earn 9.2 percent per year. Your salary will increase at 3 percent per year throughout your career. Your salary is $52,000
Your retirement is in 40 years.
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A=annual payment= 5,200
i= 9.2% interest + 3% year increase= 12.2%
n=40
FV= {5,200*[(1.122^40)-1]}/0.122
FV= $4,216,869
Answer:
They have to look for an outsider who is open-minded and ready to listen and tell, he can bring new ideas to what to do or not.
Explanation:
Kelly should ask from an outsider to help because
- Due to fear or greed, internal people are not able to give a proper opinion.
- We should get an opinion about their work from an outsider so that they can keep their opinion completely away from any greed or fear.
- They should also hold an online survey or feedback.
Through this process, they will get better business options.
Answer:
$169 million
Explanation:
To calculate the cash flow from operating activities we must start with the net income:
net income $140 million
plus patent amortization $1 million
plus decrease in accounts receivable $9 million
plus depreciation expense $20 million
<u>minus decrease in salaries payable ($1 million) </u>
cash flow from operating activities $169 million
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If taft Industries had 250,000 shares of common stock outstanding before a stock split occurred and 500,000 shares outstanding after the stock split, the stock split was <span>2-or-1</span>
