Answer:
Results are below.
Explanation:
<u>First, we need to calculate the money required at the time of retirement:</u>
FV= 240,000*25= $6,000,000
<u>Now, using the following formula, we can determine the annual investment:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (6,000,000*0.039) / {[(1.039^17) - 1]
A= $255,373.88
Answer:
The answer is true.
Explanation:
And increase or decrease in common stock or shareholders' equity is shown under statement of stockholders' equity.
It tells us the changes that happened from the beginning of the year till year ending.
It tells us how retained earnings decrease or increase, the dividend paid for the year, changes in common equity.
Answer:
(A) Inventory increases by 595,000
(B) Inventory decreases by 14,500
(C) no effect
Inventory balance: 595,000 - 14,500 = 580,500
Explanation:
<u>We are asked for Readers' Corner</u>
(A) Reades purchase at 595,000 so we use this value. Reader has no informaiton about the cost of New Books.
(B) there is an allowance for 14,500 the inventory account will decrease immediately as it works with perpetual invnetory method
(C) no effect. The payment do not alter the invnetory valuation.
The number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.
<h3>What is demand?</h3>
Demand simply means the number of goods as services that an individual is willing to purchase at a price and given time.
Here, the number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.
When a more automated process involving electronic submission of claims could reduce the average processing time to 15 minutes, the effect is that the profitability of the company will increase as there is more output due to reduced time.
When the department coordinators could be persuaded to submit their batched claims earlier, this will minimize the mistakes made by the finance department as there is more time to work effectively.
Learn more about demand on:
brainly.com/question/1245771
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Answer:
The correct answer is letter "C": racial or ethnic discrimination.
Explanation:
Racial or ethnic discrimination takes place when one individual denies a right to other people just because of their ethnicity or race. In the corporate world, any kind of <em>sex, race, age, nationality, ethnicity, </em>or <em>impairment</em> (among others) discrimination is prohibited and is protected under the Civil Rights Act of 1964. The U.S. federal agency in charge of enforcing such a rule is the Equal Employment Opportunity Commission (EEOC).