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3 years ago

Which of the following would be a producer?

Business

2 answers:

Sloan [31]3 years ago

8 0

The first one, someone owning a book store

romanna [79]3 years ago

6 0

Someone owning a bookstore

A. because someone waiting in line isn’t making anything

B. someone shopping is buying not making

C. someone putting gas in their car is buying not making anything =/

Hope this helps you ♥︎ *sips........* welp... I’m done here... bye bye

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Your daughter will start college one year from today, at which time the first tuition payment of \$58,000$58,000 must be made. A

Ierofanga [76]

Answer: I'll need $2,14,309.02 in my savings account in order to make tuition payments over the next four years.

We follow these steps in order to arrive at the answer:

In this question, we need to take into account that we need to pay 35% as taxes on interest earned.

So even though the interest rate on the deposit is 5%, only $1 - 35% = 65%$ will be available for use.

Hence, effectively the deposit will only earn $0.05*0.65 = 0.0325\\$ or 3.25% interest after taxes.

We'll compute the the Present Value of the annuity of 58,000 for four years at 3.25% interest in order to determine the amount that is needed today.

The Present Value of an Annuity formula is

$\mathbf{PV_{Annuity}= PMT\left ( \frac{1 -(1+r)^{-n}}{r} \right )}$

Substituting the values in the equation above we get,

$PV_{Annuity}= 58,000\left (\frac{1 -(1.0325)^{-4}}{0.0325} \right )$

$PV_{Annuity}= 58,000\left (\frac{ 0.12008695 }{0.0325} \right )$

$\mathbf{PV_{Annuity}= 58,000 * 3.69 = 2,14,309.02}$

3 0

3 years ago

Investment X offers to pay you $4,020 per year for 12 years, whereas Investment Y offers to pay you $2,041 per year for 7 years.

inna [77]

Answer:

$16,481.68

Explanation:

Note that the present value of each yearly cash inflow can be determined using the formula provided below:

PV of cash inflow=cash inflow/(1+discount rate)^n

n is the year in which the cash inflow is expected, it is 1 for year 1 cash inflow, 2 for year 2 and so on.

PV of Investment X=$4,020/(1+11%)^1+$4,020/(1+11%)^2+$4,020/(1+11%)^3+$4,020/(1+11%)^4+$4,020/(1+11%)^5+$4,020/(1+11%)^6+$4,020/(1+11%)^7+$4,020/(1+11%)^8+$4,020/(1+11%)^9+$4,020/(1+11%)^10+$4,020/(1+11%)^11+$4,020/(1+11%)^12

PV of investment X=$26,099.27

PV of investment Y=$2,041/(1+11%)^1+$2,041/(1+11%)^2+$2,041/(1+11%)^3+$2,041/(1+11%)^4+$2,041/(1+11%)^5+$2,041/(1+11%)^6+$2,041/(1+11%)^7

PV of investment Y=$9,617.59

the difference in PV=$26,099.27-$9,617.59

the difference in PV=$16,481.68

5 0

3 years ago

Deal or No Deal. You are a contestant with 5 suitcases left: $1 $30,000 $100,000 $300,000 $750,000 The bank offers you $250,000

Leviafan [203]

Answer:

Deal

Explanation:

Amount of cash left in the 5 Suitcase = $1 , $30000, $100000, $300000, $750000

The probability of selecting each bad is equal and it is 1/5

Thus, the expected value of prize = 0.2(1+30000+100000+300000+750000)

= 0.2 * 1180001

= $236,000.2 0

Since the bank is offering amount of $250,000 which is greater than the expected value, then it is considered as a deal.

3 0

3 years ago

Which of the following is false? Group of answer choices Lateness in any of the activities located on the critical path would re

Vlad1618 [11]

Answer:

If an activity has a slack value greater than zero, it needs to be a critical activity

Explanation:

The false statement in the group of answer choices is If an activity has a slack value greater than zero, it needs to be a critical activity this is because for an activity to be considered a critical activity its slack value has to be equal to zero and not greater than zero,

activities with critical value greater than zero are considered just activities and not critical activities because there is time range given to the activity

5 0

4 years ago

Golden Corp., a merchandiser, recently completed its 2017 operations. For the year, (1) all sales are credit sales, (2) all cred

ankoles [38]

Answer:

Please see the solution below:

Explanation:

GOLDEN CORPORATION

Statement of Cash Flow

As of December 31, 2017

CASH FLOWS FROM OPERATING ACTIVITIES $

Net Income 166,400

Adjustments to reconcile net income to

net cash provided by operating activities:

Depreciation on Fixed Assets 54,000

(Increase) Decrease in Current Assets:

Accounts Receivables (21,500)

Inventory (84,500)

Increase (Decrease) in Current Assets:

Accounts Payable 35,000

Income Tax Payable 12,400

NET CASH PROVIDED BY OPERATING ACTIVITIES 161,800

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Equipment (68,200)

NET CASH USED IN INVESTING ACTIVITIES (68,200)

CASH FLOWS FROM FINANCING ACTIVITIES

Payment of Cash Dividends (108,000)

Issuance of Common Stock 69,500

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES (38,500)

NET INCREASE (DECREASE) IN CASH 55,100

Cash Balance, December 31 2016 127,900

Cash Balance, December 31 2017 183,000

3 0

3 years ago