Answer:
11.68 years
Explanation:
For computing the number of years first we have to applied the NPER formula i.e to be shown in the attachment below:
Given that,
Present value = $11,000
Future value = $19,000
Rate of interest = 6.5%
PMT = $0
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the number of years is 8.68
Now after 3 years, it would be
= 8.68 + 3
= 11.68 years
Answer:
B. Mutual funds are actively managed while index funds are
passively managed.
Explanation:
Both mutual funds and Index funds are both portfolio investment Instruments. They comprise of a basket of stocks as opposed to single equity.
A professional manager manages a mutual fund. The manager uses different analytical tools to select the stocks to be included in the portfolio carefully. Index funds track the prices of the underlying Index. Index funds can be mutual funds or exchange-traded fund ETF such as the S&P 500. Index funds are passively managed.
Mutual funds will attract a higher commission than index funds to cater for the funds' manager's fee.
Answer:
Correct option is (C)
Explanation:
Mass customization refers to manufacturing products suited for individual needs and preferences at the same time producing huge amount of products at low cost offering value to customers.
Customers are allowed to make modifications as per their requirements in the basic model offered by the organization. So customer is free to pick the color, design and model of their choice.
Spokes bikes is therefore using mass customization.
Answer:
1,079 units
Explanation:
Fierce company forecast sales = 1150 units
Let this 1150 units be = 100%
Chester wanting to make a surplus of 10% means the total production will be = 110%
So, lets consider 1150 units as 100%
Then, 110% will be = (1150 units/100)*110 = 1265. So, Fierce fulfillment before Adjustment is 1,265 units
Fierce fulfillment after adjustment = 1,265 units - 186 units = 1,079 units
So, Fierce's Fulfillment after adjustment have to be 1,079 units in order to have a 10% reserve of units available for sale.
Answer:
The correct answer is option (b) $831,000 net cash inflow.
Explanation:
Solution
Recall that:
Company miracle bought stock treasury with a cost of = $15,000
Dividends paid = $20,000
Bond issued =$ 866,000
Now,
The cash flow from financing activities is calculated as follows:
Bonds payable -Purchased treasury stock - Dividend paid
$866,000 - $15,000-$20,000
= $831,000
Therefore, The net cash flow is $831,000
