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3 years ago

A corporation has perpetual life, until one of its shareholder dies true or false

1 answer:

7 0

False

A corporation wouldn't have perpetual, or everlasting, life if the death of one of its shareholder could end it. Perpetual means never ending.

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You want to accumulate $1 million by your retirement date, which is 25 years from now. You will make 25 deposits in your bank, w

Rom4ik [11]

Answer:

First deposit will be $11,213.87

Explanation:

To derive how much the first deposit must be, the deposit can be derived by using payment formula for growing annuity

P = FV x (r - g) / [(1 + r)^n - (1 + g)^n]

When FV = $1,000,000

r = 7%

g = 3%

n = 25

Hence, First payment will be:

P = 1,000,000 * (7% - 3%) / (1.07^25 - 1.03^25)

P = 1,000,000 * 4% / 5.427433 - 2.093778

P = 40,000 / 3.333655

P = 11998.842

P = $11,998.84

However, this formula is applicable when the payments are made at the end of the year. In this case the payments are upfront, occurring today. We need to adjust this first payment to reflect the early payment.

Hence, first payment = $11,998.84 / (1 + 7%)

First payment = $11,998.84 / (1 + 0.07)

First payment = $11,998.84 / 1.07

First payment = 11213.8691588785

First payment = $11,213.87

7 0

3 years ago

If the consumer price index was 170 in one year and 180 in the next year, then the rate of inflation is approximately:

aliina [53]

Well the answer is quite easy just count From 170 to 180 and that leaves u with 10 so ur answer is ten

8 0

3 years ago

Read 2 more answers

MC Qu. 122 Walter Enterprises expects... Walter Enterprises expects its September sales to be 20% higher than its August sales o

padilas [110]

Answer:

Ending cash balance $67,900

Explanation:

The computation of the ending cash balance is given below:

Schedule of expected cash collection for September

From august sales (70% of 225,000) 157,500

From sept. sales (30% of 270,000) 81,000

Total cash collection$238,500

Now

Schedule of expected cash payment

For august purchase (80% of 175,000) 140,000

Foor september purchase (20% of 195,000) 39,000

Total cash payment $179,000

Now

Beginning cash balance 8,400

Budgeted cash collection 238,500

Total available cash 246,900

Budgeted cash payment -179,000

Ending cash balance $67,900

7 0

3 years ago

when executives confront an unfulfilled business need, they normally turn to ________ prepared by potential b2b marketers.

pentagon [3]

Executives turn to WHITEPAPERS prepared by potential b2b marketers to confront an unfulfilled business need.

The whitepapers contain useful information that will guide the executives to realize the business needs to fulfill for potential customers.

The whitepapers are usually issued by the potential customer organization as a way of advocating clearly its position on a specified business problem.

The whitepapers provide the executives the guide they require to understand and solve business needs.

Thus, executives should turn to whitepapers prepared by potential b2b marketers to solve unfulfilled business needs.

Read more about the importance of market research at brainly.com/question/12435635

5 0

2 years ago

How will you close skill gaps between what you feel you possess and what employers perceive you have? Multiple Choice be motivat

Mazyrski [523]

<h2>Be motivated to learn</h2>

Explanation:

be motivated to learn : This would be right choice. The reason is that, the gap is because we need to learn some more to reach the expectation of employer. So learning should be life long.

share diverse experiences: Sharing experience does not fill the gap, only proving fills it.

have a high level of energy and an orientation toward action: This seems to be closer, but learning stands first and then putting into action.

believe in personal control of destiny: Self-belief is always essential, but only learning can fill the gap.

seek high levels of achievement: High level of achievement can be done only through learning.

6 0

3 years ago