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eduard
3 years ago
5

A wealthy art collector has decided to endow her favorite art museum by establishing funds for an endowment which would provide

the museum with $1,000,000 per year for acquisitions into perpetuity. The art collector will give the endowment upon her fiftieth birthday 10 years from today. She plans to accumulate the endowment by making annual end-of-year deposits into an account. The rate of interest is expected to be 6 percent in all future periods. How much must the art collector deposit each year to accumulate to the required amount
Business
1 answer:
Oxana [17]3 years ago
4 0

Answer:

$1,264,466 is the correct answer.

Explanation:

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Other things equal, the monopsonistic employer will pay a
zloy xaker [14]

Answer: The correct answer is "a. lower wage rate and hire fewer workers than will a purely competitive employer.".

Explanation: Monopsony is generated when there are many people looking for work and there are only a few employers, who can afford to offer a lower salary than they would have to offer if there was more competition for workers.

5 0
3 years ago
Many organizations are concerned about the rising cost of employee benefits and question their value to the organization and to
shepuryov [24]

Answer:

Benefits that are of most prominent incentive to the employees and to the organization are as per the following:  

  • The employees are obligated to get benefits that are variable and are a piece of salary bundle. These can incorporate house lease remittance, travel recompense, training stipend and advancement of the worker youngster and so forth.  
  • Health, life and handicap benefits likewise to be incorporated into the salary. Phone recompense if the activity requires making a great deal of calls to different clients.  
  • The firm ought to likewise give paid leaves and occasions to the employees to reproduce and revive their psychological capacity.

4 0
3 years ago
During 2019, Revitup, Inc., an exercise video retailer, sold $24,000 of videos to its customers. Revitup collected $22,000 and e
Oksanka [162]

Answer:

$24,000

Explanation:

Since in the question it is provided that there is a sale value of the videos to its customers i.e. $24,000 also the collection is of $22,000 and the remaining balance i.e. $2,000 is expected to collect in Jan 2020

Based on the above information, the revenue should be reported on the income statement at the $24,000 as this amount represent the sale value of the videos to its customers and hence, the same is to be considered

Hence, 24,000 would be reported as a revenue in the income statement

4 0
3 years ago
Julie wants to create a $5,000 portfolio. She also wants to invest as much as possible in a high risk stock with the hope of ear
svetoff [14.1K]

Answer:

C) Invest $2500 in a risk free asset and $2500 in a stock with beta of 2.0

Explanation:

Stock that is beta 2 means that it is twice as volatile as the whole market. Meaning for example if the market is expected to move by 5% this stock will move 10%. New startup firms that are fast-growing usually have stocks in this category. It is more risky thank normal shares but no too much. We can invest $2,500 here.

We invest the remaining $2,500 in risk-free assets

This is a backup on the chance that the investment on beta 2 stocks do not perform, the risk-free assets will make up for losses.

3 0
3 years ago
Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the inte
Akimi4 [234]

Answer:

Unstructured interview

Explanation:

Unstructured interview is defined as one in which the questions asked are not prearranged. Rather they are spontaneous and questions to be asked are formulated during the course of the interview.

On the other structured interview is when questions are prearranged and candidates are asked the same questions.

So when Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the interview is going, they are answering unstructured interview questions.

7 0
2 years ago
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