1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zalisa [80]
3 years ago
11

g + Peter and Blair recently reviewed their future retirement income and expense projections. They hope to retire in 26 years an

d anticipate they will need funding for an additional 14 years. They determined that they would have a retirement income of ​$72 comma 000 in​ today's dollars, but they would actually need ​$104 comma 384 in retirement income to meet all of their objectives. Calculate the total amount that Peter and Blair must save if they wish to completely fund their income​ shortfall, assuming a 4 percent inflation rate and a return

Business
1 answer:
tigry1 [53]3 years ago
5 0

Answer:

$3,731.332

Explanation:

Attached is the solution

You might be interested in
What are the positive feedbacks for NEWS ANCHORS?
Alisiya [41]

Answer:

Excellent verbal, written, improvisational, and interviewing skills are imperative. Add to those qualities persistence and objectivity, physical stamina, being a team player, projecting a professional image, and having a knowledge of social media. News anchors also need to be able to think on their feet.

4 0
3 years ago
Net operating working capital is equal to operating current assets minus operating current liabilities.
Alex73 [517]

Net operating working capital (NOWC) is the excess of working current belongings over running present-day liabilities.

Running capital, additionally called net running capital, represents the difference between an organization's modern-day property and cutting-edge liabilities. working capital is a measure of an employer's liquidity and quick-time period economic health.

Operating working capital focuses more on operations, while net running capital looks in any respect for property and liabilities. net working capital is more comprehensive because it represents the cash and other cutting-edge property a corporation has every day daily running and growing its enterprise.

Internet running capital is an economic metric that gauges the difference between an employer's non-interest-bearing running belongings and its non-hobby charging running liabilities.

Learn more about working capital here: brainly.com/question/26214959

#SPJ4

8 0
2 years ago
A segment of Mega Inc. manufactures and sells blankets. The various models of blankets are produced in a single factory using st
Anna007 [38]

Answer:

c.  profit center

Explanation:

Based on the information provided within the question it can be said that the segment is most probably accounted for as a profit center. This is a specialty department formed inside an organization that deals with generating revenues and profits or losses. These departments are completely monitored and controlled since they are the main driving force of the company brand.

4 0
4 years ago
Uptown Men's Wear has accounts payable of $2,214, inventory of $7,950, cash of $1,263, fixed assets of $8,400, accounts receivab
Jlenok [28]

Answer:

The value of the net working capital to total assets ratio is 0.5067≅0.51

Explanation:

Given Data:

Accounts payable =$2,214

Inventory= $7,950

Cash=$1,263

Fixed Asset=$8,400

Accounts receivable=$3,907

Long-term debt=$4,200

Required:

The value of the net working capital to total assets ratio=?

Solution:

Net working Capital=Inventory+Cash+Accounts receivable-Accounts payable

Net working Capital= $7,950+$1,263+$3,907-$2,214

Net working Capital= $10,906.

Total assets=Inventory+Cash+Accounts receivable+ Fixed assets

Total assets= $7,950+$1,263+$3,907+$8,400

Total assets=$21,520

Ratio=\frac{Net\ working\ Capital}{Total\ assets}

Ratio=\frac{\$10,906}{\$21,520} \\Ratio=0.5067

The value of the net working capital to total assets ratio is 0.5067≅0.51.

6 0
3 years ago
A short-term mortgage in which small payments are made until the completion of the term, when the entire balance is due, is ____
statuscvo [17]
<span>A short-term mortgage in which small payments are made until the completion of the term, when the entire balance is due, is BALLOON MORTGAGE.

Balloon mortgage is a type of loan that needs to be paid in a lump sum or is repaid at the end of the loan period, in a single payment.  Depending on the agreement between the borrower and the lender, this type of payment may be interest free. Interest may apply but is usually smaller than long-term loans. 
</span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • Carrie has to decide between going to a football game or going to the movies. She decides to go the football game. Which of the
    5·1 answer
  • Which of the following is not true of a corporation? a. It may buy, own, and sell property. b. It may sue and be sued. c. The ac
    11·1 answer
  • Participants receive all levels of a(n) __________ variable, but only one level of a(n) ____________ variable.
    6·1 answer
  • In preparing its August 31, 2017 bank reconciliation, Adel Corp. has available the following information: Balance per bank state
    8·1 answer
  • How many backpacks are sold in the u.s. annually?
    7·1 answer
  • A $1,000 face value bond currently has a yield to maturity of 6.03% . The bond matures in thirteen years and pays interest. AB B
    8·1 answer
  • What is the name of the job that you teens have i am trying to get a job
    6·2 answers
  • The price of a stock is $64. A trader buys 1 put option contract on the stock with a strike price of $60 when the option price i
    15·1 answer
  • Laelle is a confectionery company that manufactures candies. It does not use specific strategies to target children while market
    14·1 answer
  • Which Finance career pathway includes helping people create and manage budgets and calculate taxes?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!