Answer:
<em>Approximately $22 billion</em>
Explanation:
<u>Future Value (FV)</u>
Given a present value (PV) of an investment, the annual interest rate r, the future value at time t years is given by

Care must be taken to properly express the time in years and the rate in yearly pertentage.
The estimated value of the Manhattan Island in 1626 was PV=$24. 386 years later, at a r=5.5% its value would be

The present value can be estimated in more than $22 billion
Answer:
Debt ratio
94.16%
5.84%
Equity multiplier
17.13%
1.06%
Explanation:
The debt ratio can be calculated as follows
Lots of debt incorporation= total liability/total assets.
= 32.25/34.25
= 0.9416×100
= 94.16%
Lots of equity incorporation= 2.00/34.25
= 0.05839 × 100
= 5.84%
The eqiuty multiplier can be calculated as follows
Lots of debt incorporation= equity/multiplier
= 34.25/2.00
= 17.13%
Lots of equity incorporation= equity/multiplier
= 34.25/32.25
= 1.06%
Answer:
C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
Explanation:
There is no avoidance to double taxation under corporate form, as company's pays tax on net income earned, and then if there is any distribution of income to shareholders, the shareholders are charged individually.
There is no such ease in transfer of share whether in corporate form or partnership form.
There is an indefinite liability in case of insolvency of sole proprietorship on the sole proprietor, as he is the only person in ownership of such shares.
No, voting rights in a corporate form are dependent on number of shares held.
Therefore, the correct statement is:
C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
Answer:
$24,400
Explanation:
Assuming that Alan and Donna are married and they decide to file their taxes together, the standard deduction for 2019 taxes was $24,400.
The standard deduction increases if you or your spouse is over 65 years old, or if any of you is blind. The standard deduction generally increases a little bit every year, e.g. during 2018 it was $24,000 and for 2020 it is $24,800.
Answer:
V(t) = $ 1.5 billion for 2007
V(t) = $1.5 billion, 295 million. For 2012
Doubling time = t = 177.69 yrs
Explanation:
a).
V(t) = 1.5e^(0.039t)
For the first year 2007, t= 0
V(t) = 1.5e^(0.039*0)
V(t). = 1.5e^0
V(t) =. 1.5*1 = 1.5
V(t) = $ 1.5 billion for 2007
For 2012 that is 5 years after,t= 5
V(t) = 1.5e^(0.0039*5)
V(t) = 1.5e^ (0.0195)
V(t) = 1.5(1.019691367)
V(t) = 1.5295
V(t) = $1.5 billion, 295 million.
b). Doubling time is when the value of the export is 1.5 *2 =$ 3 billion
3 = 1.5e^(0.0039t)
3/1.5= e^(0.0039t)
2 = e^0.0039t
In 2 = 0.0039t
0.693= 0.0039t
t = 177.69 yrs