46) According to the capitalistic view, the primary goal of an organization is to<br> ?

CII, Incorporated, invests $710,000 in a project expected to earn a 9% annual rate of return. The earnings will be reinvested in

allochka39001 [22]

The total amount accrued, principal plus interest at a rate of 9% per year compounded 1 times per year over 12 years is $1,996,992.00.

<h3>Compound Interest</h3>

Given Data

Principal = $710,000

Rate = 9%

Time = 12 years

A = P + I where

P (principal) = $710,000.00

I (interest) = $1,286,992.00

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 9/100

r = 0.09 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 710,000.00(1 + 0.09/1)(1)(12)

A = 710,000.00(1 + 0.09)(12)

A = $1,996,992.00

Learn more about Compound Interest here:

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4 0

3 years ago

Company ABC has an existing debt of 2,000,000 on which it makes annual payments at an annual effective rate of LIBOR plus 0.5%.

Degger [83]

Answer:

$70,000

Explanation:

Calculation to determine the net interest payment that ABC makes in the second year

First step is to calculate interest payments on the existing debt

Interest payments on the existing debt =$2,000,000*(4.0%+.5%)

Interest payments on the existing debt =$2,000,000*4.5%

Interest payments on the existing debt =$90,000

Second step is to calculate the Fixed Payment

Fixed Payment=$2,000,000*3%

Fixed Payment=$60,000

Third step is to calculate the amount received

from swap counterparty

Amount received =$2,000,000*4%

Amount received =$80,000

Now let calculate the net interest payment

Net Interest payment=$60,000+($90,000-$80,000)

Net Interest payment=$60,000+$10,000

Net Interest payment=$70,000

Therefore the net interest payment that ABC makes in the second year is $70,000

6 0

3 years ago

When an economy’s production possibilities curve shifts outward due to capital formation or a technological advancement, the lon

slavikrds [6]

<h2>Answer</h2>

Shifts outwards

<h3>Explanation</h3>

An outward shift in the economy's production possibilities curve reflects that a capital formation has been achieved or the economy has benefited from technological advancement. This results in increased resources available within the economy and hence positively impact the supply curve of the company allowing the aggregate supply to either elongate or shift outward, later of the option has higher probability to occur.

6 0

3 years ago

The accountant for Sysco Company is preparing the company's statement of cash flows for the fiscal year just ended. The followin

vichka [17]

Answer:

The correct answer is $ 41,000.

Explanation:

This problem requires us to calculate the amount of cash dividend that will be reported in the financing section of the statement of cash flows. In statement of cash flow the dividend paid in cash during the period is reported. Dividend declaration in not relevant as far as statement of cash flow is concerned.

Cash dividend to reported is calculated as follow.

Dividend payable opening balance = 10,000

Divdend declared = 42,000

Dividend payable closing balance = (11,000)

Dividend paid = 41,000

5 0

3 years ago

Sue uses a fertilizer that promotes early formation and growth of roots and increases the plant's hardiness and disease resistan

Kruka [31]

Answer:

Phosphorus

Explanation:

Phosphorus is one of the primary elements if fertilizers as it helps the soil as well as the plant and its root to grow strong and also ensure it is resistant to disease.

Phosphorus is a very important element as it helps plants to convert other nutrients to become usable to help the plant grow. A fertilizer containing phosphorus has to be well worked into the soil before planting. In the NPK balance of fertilizers, phosphorus the highest percentage compared to other elements Nitrogen and Potassium.

Cheers.

6 0

3 years ago

46) According to the capitalistic view, the primary goal of an organization is to ?