Answer:
Amount withdraw each year = $ 186,991.24
Explanation:
Amount accumulate at the time of retirement = FV of Current Investment in Bond + FV of Current Investment in Stock + FV of annuity deposited in bond
Amount accumulate at the time of retirement = 162000 x (1+7.5%)^10 + 602000 x (1+11%)^10 + 7800 x ((1+7.5%)^10 -1) / 7.5%
Amount accumulate at the time of retirement = $ 2,153,565.83
Amount withdraw each year = Amount accumulate at the time of retirement/Annuity factor
Amount withdraw each year = 2153565.83 / ((1-(1+6.75%)^-23) / 6.75%)
Amount withdraw each year = $ 186,991.24
Answer:
a. True
Explanation:
The environment scanning means the scanning of the environment. In this, the information is collected with respect to the events and their relationship of an organization that could be internal and external. The main motive of this is to be measure the direction of the organization in near future
Also it identified the factor that impacts the success of the marketing
Therefore the given statement is true
<u>Answers:</u>
1. If Anderson works 37 hours each week as a clerk at the county courthouse, he is supplying labor in an input market. Anderson is considered as household.
2. If Mei Lin purchases a 3-week Mediterranean cruise vacation for her parents, the cruise ship company is supplying a service in the output market.
3. The cruise ship company is considered as firm.
4. If Caterpillar doubles employment at its Huntsville, Alabama factory, Caterpillar is demanding labor in the input market.
5. Caterpillar is considered a firm.
6. If the Greyson family sells their 250-acre ranch to Marriott, so Marriot can build a new resort and golf course, the Greyson family is supplying land in an input market.
7. The Greyson family is considered household.
<u>Explanation:</u>
Households provide the demand for the goods and services in the market. Households also provide inputs to the firms in the form of labor. The households earn wages through supply of labor to the labor market. Firm is any business organisation that sells goods or services to make profits. Firms take labor as input from the households. Firms supply goods and services for the households.
Input means taking things into firm while output means giving out a product or service to households.
Answer:
The correct answer is letter "D": Volunteer to help Terry train Susan on the safety procedures.
Explanation:
According to the case, Terry might know about the safety procedures of the company but he is not committed to them. Thus, he is not the best example to provide training for a new employee. In such a situation, we could volunteer to train both Terry and Susan -<em>the new hire</em>- on how to efficiently and effectively follow the safety guidelines of the firm.
12,000,000,000,000/300,000,000
Remove 8 zeroes from each value:
120,000/3 = 40000
The per capita income is $4000
So the per capita income is $40000 for every man, woman, and child.