Answer:
Monthly withdraw= $4,752.01
Explanation:
Giving the following information:
Monthly deposit= $1,000
Number of perios= 361 months
Interest rate= 0.08/12= 0.0067
<u>First, we need to calculate the Future Value at the moment of retirement:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {1,000*[(1.0067^361) - 1]} / 0.0067
FV= $1,513,584.37
<u>Now, we can calculate the monthly withdraw:</u>
PV= 1,513,584.37 - 900,000= $613,584.27
Monthly withdraw= (FV*i) / [1 - (1+i)^(-n)]
Monthly withdraw= (613,584.37*0.0067) / [1 - (1.0067^-300)]
Monthly withdraw= $4,752.01
Answer:
$522,000
Explanation:
Given;
Cash proceeds on sale of land = $430,000
Cash proceeds on sale of equipment = $140,000
Purchase of treasury stock with cash = $53,000
Purchase of equipment with cash = $48,000
Issuance of common stock for cash = $70,000
To find the net cash provided by investing, the investing activities in the information given are; Cash proceeds on sale of land, Cash proceeds on sale of equipment, and Purchase of equipment with cash.
Purchase of treasury stock with cash and Issuance of common stock for cash are financing activities.
Net cash provided by investing activities = $430,000 + $140,000 - $48,000
= $522,000
The correct answer is $522,000 which is not a part of the options given.
Answer:
If a person sold euro futures on <u>3/01</u> then he/she will post a profit on <u>3/02</u> :
Explanation:
Date 3/01 3/02 3/03 3/04
Euro Spot Price $1.1585 $1.1589 $1.1584 $1.1593
July euro Futures Contract Price <u>$1.1850</u> <u>$1.1812</u> $1.1823 $1.1820
On March 1, the price of the euro futures contract was $1.1850 per euro, which means that a €1,000 contract is worth $1,185.50. On March 2, the euro futures contract was worth less, only $1.1812 per euro, that means that a €1,000 contract is worth $1,181.20. So you could have earned $1,185.50 - $1,181.20 = $4.30 per contract. It doesn't seem much, but it represents a 0.36% gain in one day.
Answer:
AAA account balance after distribution is
0
AEP account balance after distribution is
0
Cody’s stock basis $7,500
Explanation:
AAA account
Distribution from Account
8,000 not taxable
Effect on Stock Basis
(8,000)
Balance after Distribution
0
AEP account
Distribution from Account
2,500 is not a taxable dividend and it does not tend to affect stock basis because it is from a previous C-corporation
Effect on Stock Basis
0
Balance after Distribution
0
Cody’s stock basis
Distribution from Account
4,500 not taxable
Effect on Stock Basis
(4,500)
Balance after Distribution
20,000-8,000-4,500= $7,500
Answer:
A) Team building
Explanation:
Team building is a skill project management people should and do posses. Team building is not something a manager can learn or study at college, its a natural skill a manager has. Scheduling, Budgeting and Project evaluation are all taught in a college or course.
