If he wants to withdraw $25,000 each year for 30 years after his retirement 10 years from now, he should invest either letter B. $105,470.27 or D $108,490.27. While he was withdrawing $25,000.00 his investment still remains untouched for the 30 years and it is still increasing. He may increase his yearly withdrawal.
Answer:
A. Journalize and Post
Explanation:
In accounting Journalize refers to the act of recording the transactions that occurred in your operation to your financial record. Depending on the size of the business, journalizing process might be different. Small scale businesses can get by with written record while larger businesses usually need proper computerizations.
Posting is the second step after the journalizing process. More specifically, posting journal entries to the accounts in the ledger. This will show each accounts that the company possess along with the value of each accounts.
Answer:
d) Diminishing returns starting around $2 million
Explanation:
The promotional budget affects awareness, so increasing the budget brings attention the product on market leading to more costomers demanding it and altemately increaseign the diminishing returns.
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