Answer:
If the interest rate is higher, to earn the same amount, she will need to invest a lesser amount of money.
Explanation:
Giving the following information:
Jessica invested $2,000 today in an investment that pays 6.5 percent annual interest.
The correct answer is:
She could have the same future value and invest less than $2,000 initially if she could earn more than 6.5 percent interest.
If the interest rate is higher, to earn the same amount, she will need to invest a lesser amount of money.
Answer: $76.92
Explanation:
From the question, Zylo inc preferred stock pays a 7.50 annual dividend, the maximum price that will be willing to be paid for one share of this stock today if the required return is 9.75% will be calculated as:
= Dividend / Required return
= $7.50 / 9.75%
= $7.50/0.0975
= $76.92
The maximum price willing to be paid is $76.92.
Answer:
Sales, Purchases, Cash, Income Statement
Explanation:
The Budgeting Process Starts with determining the <em>Number of Units</em> that need to be <em>sold</em>.Then the <em>Production Budget</em> is prepared to determine the number of units which need <em>to produced</em> to meet the sales.Within the <em>production Budget</em> we can establish the amount of <em>Purchases</em> the firm need to make <em>to satisfy</em> <em>production</em>.A <em>Cash Budget</em> is then prepared to establish Balances of cash from inflows (sales budget) and outflows (purchases budget). then Lastly the Income Statement.
Answer:
Yes
Explanation:
Every establishment planning to serve alcohol should have a rbs certification.
