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velikii [3]
3 years ago
11

Sarah invests $2,700 today in an account that pays 6 percent interest compounded annually. She wants to know the total balance i

n her account five years from today. Identify the correct keystrokes to be used in a financial calculator to determine the total balance.
Business
1 answer:
nata0808 [166]3 years ago
3 0

Answer:

In any financial calculator, all Sarah has to do is to determine the value of the interest rate, the number of compounding periods, and the present value of the investment, and plug in these figures in the software.

For this case, the values are:

Interest rate: 6% compounded annually.

Number of compounding periods: 5 years.

Present value of the investment: $2,700.

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All of the following should be considered in a make or buy decision except:_______.a. cost savingsb. quality issues with the sup
Cerrena [4.2K]

Answer:

D. the supplier will make a profit that would no longer belong to the business

Explanation:

A make or buy decision can be defined as a strategic approach pertaining to making the choice to either produce (manufacture) a product in-house (internally) or purchasing the product from an external supplier. Thus, the make component typically deals with producing the product internally while the buy component strictly has to do with outsourcing or purchasing from an external supplier.

Some of the factors to be considered in a make or buy decision are;

I. Cost savings.

II. Quality issues with the supplier.

III. Future growth in the plant and other production opportunities.

Hence, all of the aforementioned should be considered in a make or buy decision except whether the supplier will make a profit that would no longer belong to the business.

3 0
3 years ago
Susan owns a car that she uses exclusively for personal purposes. Its original cost was $26,000, and the fair market value is $1
givi [52]

Answer:

$22,000

Explanation:

The original cost of the car was : $26,000

The fair market value of the car was : $12,000

The car was bought at a price higher than its fair market value by :

$26000-$12000 = $14000

She exchanges the car for $18000 to get a new one;

The loss while selling the car is : $26000-$18000=$8000

Total loss realized is  : $14000 +$8000 = $22,000

3 0
3 years ago
Earley Corporation issued perpetual preferred stock with an 8% annual dividend. The stock currently yields 7%, and its par value
Dmitry [639]

Answer:

a.

Current Share Price = $87.5

c.

The new market value is $77.78

Explanation:

a.

The dividend per year on the preferred stock = 100 * 0.07 = $7

The yield on the preferred stock can be calculated as,

Yield = Preferred dividend / Current Share price

As we know the Yield and the dividend, we can calculate the current share price.

0.08 = 7 / Current Share price

Current Share Price = 7 / 0.08

Current Share Price = $87.5

c.

The dividend per share on the preferred stock remains the same at $7. The new yield is 9%. Using the yield formula we can calculate the new share price,

0.09 = 7 / New Share price

New Share Price = 7 / 0.09

New Share Price = 77.78

3 0
3 years ago
GUYS PLEASE HELP ME WITH FINANCIAL PLAN FOR COMPANY OF CONFECTIONERY PRODUCTS BASED ON COFFEE!!!!! 1)Set the price of product an
Feliz [49]

my guess is that the answer is 3.

4 0
3 years ago
Manufacturing had 1,000,000 shares of common stock issued and outstanding at December 31, 2017. On July 1, 2018 an additional 1,
Llana [10]

Answer:

(A) The number of shares to be used in computing diluted earnings per share for 2018 is 1,576,886 shares

Explanation:

Diluted Earning per share is calculated dividing Eaning or the year excluding preferred dividend by weighted average number of shares.

Weighted Average Number of Diluted Shares = ( 1,000,000 x 6/12 ) + ( 2,000,000 x 6/12 ) + [ (35-26 / 35) x 299,000 ) ]

Weighted Average Number of Diluted Shares = 500,000 + 1,000,000 + 76,886

Weighted Average Number of Diluted Shares = 1,576,886 shares  

3 0
3 years ago
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