Answer:
I will take $36,230.5 to pay for the education of child.
Explanation:
Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.
We will use following formula to calculate the annual payments
P = r ( PV ) / [ 1 - ( 1+ r )^-n ]
where
PV = amount of investment = $120,000
r = rate of return = 8%
n = number of period = 4 years
P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]
P = 36,230.5
Answer:
At the end of one accounting period result in cash receipts in a future period.
Explanation:
Accrued revenues is money owed by customers for goods bought or services purchased.
Accrued revenue is recorded as an asset on the balance sheet as receivables.
For example, if a customer buys a dress and is yet to pay for the dress. the amount the customer is supposed to pay is recorded as an accrued revenue at the end of the accounting period
Unearned revenue is money received by a company for services that are yet to be rendered.
Answer:
It should listen to his mother.
Explanation:
This week cash flow handled the fixed cost of 10 to Raymond's brother.
His father is not considering that so it thinks the business flops.
Now that fixed cost are paid the following weeks his gains will increase entirely based on the sales volume so, it is better to continue the business for the next three weeks.
Answer:
Budgeted financial statements
Explanation:
REITs keep you liquid and may be more cost efficient. Entering in a REIT also costs lower, and an individual can invest in a fund for less than 1,000 USD. It's kind of like buying into a stock too, in a sense that you can sell your REIT shares at your leisure.
On one hand, direct real estate investment gives you more power over your finances as there is no fund manager - you are the one in charge and you decide who can rent and live in your property. Some say that investment returns are also bigger should you go for direct real estate. However, it should be noted that you're putting in a bigger amount (roughly upwards 100,000 USD - which few people may be ready to shell out) just to get started on direct property investment versus about USD 1,000 into REIT.
At the end of the day, it's up to the investor to decide what sort of risk you're comfortable with.