Answer:
If you wait one year, in 45 years you will have $16,624.04 more than investing today.
Explanation:
Giving the following information:
Option 1:
Initial investment= $11,500
Number of years= 45
Interest rate= 4.1%
Option 2:
Initial investment= $11,500
Number of years= 44
Interest rate= 4.7%
To calculate the future value for both options, we need to use the following formula:
FV= PV*(1+i)^n
<u>Option 1:</u>
FV= 11,500*(1.041^45)= $70,142.41
<u>Option 2:</u>
FV= 11,500*(1.047^44)
FV= $86,766.45
If you wait one year, in 45 years you will have $16,624.04 more than investing today.
Answer:
D) Outcome-based ethics
Explanation:
Outcome-based ethics proposes that people should act in ways that help them achieve desired outcomes, whether those ways are morally acceptable or not.
In the question, Steaks n' Fries management is worried about the outcome (revenues), instead of other type of things to consider such as consumer protection or social responsability. They are acting under a system of outcome-based ethics.
<span>In your career and personal life, you are going to be around both sets of people: people who believe in you and those who don’t. What’s so striking is just how much harm the people who don’t believe in you can do and how much good the people who do believe in you can do. I would like you to think back on your life and the people who have believed in you and what you could accomplish. What did this do for your self esteem? How did this make you feel? </span>
The correct answer is: "d) 67.5%".
The turnover ratio is the number of occasions in which your stock of products has been completely sold during a given period of time. In other words, how fast it sells its inventory.
If in a given period, a company has managed to sell its inventory 4.5 times and each time it does, it gains a contribution margin of 15%, This means that the overall return of investment in that given period will be 4.5 times 15% or 67.5%.
In other words, the investor will get back the money he has invested in 1.48 years.
Answer:
The Journal entries are as follows:
(i) In 2018,
Income Tax Expense A/c Dr. $24
Deferred Tax Assets A/c ($40 × 30%) Dr. $12
To Income Tax Payable ($120 × 30%) $36
(Being income tax and deferred tax recorded for 2018)
(ii) In 2019,
Income Tax Expense A/c Dr. $45
To Income Tax Payable ($140 × 30%) $42
To Deferred Tax Assets ($10 × 30%) $3
(Being income tax and deferred tax recorded for 2019)