When a factory foreman beats elie who was he comforted by?

Ruby is 25 and has a good job at a biotechnology company. She currently has $11,400 in an IRA, an important part of her retireme

Advocard [28]

Answer:

$ 358,063

Explanation:

Calculation for the amount that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires.

Ruby's IRA worth when she retires at age of 65

First step

Using this formula to find how many years until Ruby retires

Time period= Retired age (-) current age

Let plug in the formula

65-25=40 years

Second step is to find the future value of IRA when she retires

Using this formula

Future value of IRA when she retires

= Present value(1+r)t

Let plug in the formula

$ 11,400 (1+0.09) ^40

=$11,400 (1.09) ^40

=$ 11,400 (31.409)

= $ 358,063

Therefore the amout that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires will be $358,063

5 0

3 years ago

Sutton is a partner of RST Partnership. RST distributed $3,000 cash and a building with an adjusted basis of $10,000 and a fair

Eduardwww [97]

Based on the basis of the distributions and Sutton's basis in the partnership, the amount of taxable distributions to Sutton is $0.

<h3 /><h3>How much of the distributions can be taxed?</h3>

The distributions can only be taxed if they exceed Sutton's basis in the partnership of $90,000.

As neither the cash distribution nor the building, have enough to surpass Sutton's basis, the taxable distributions will be $0.

Find out more on taxable distributions at brainly.com/question/26474690.

#SPJ12

5 0

1 year ago

In the first quarter of operation, the Blending Department of ChemUSA produced 50,000 barrels of Compound X and left 20,000 barr

Afina-wow [57]

Answer:

1. Compound X started in first quarter = 50,000 Barrels + 20,000 Barrels

Compound X started in first quarter = 70,000 Barrels.

2. Finished goods unit = 50,000

Finished goods completed % = 100%

Finished goods equivalent Units = 50,000 * 100% = 50,000

Work in process unit = 20,000

Work in process completed % = 55%

Work in process equivalent Units = 20,000*55% = 11,000

Total Equivalent Unit = 50,000 + 11,000 = 61,000

Cost per equivalent unit = $231800/61000 = $3.80

Total cost = [Finished goods equivalent Units*Cost per equivalent unit] + [Work in process equivalent Units*Cost per equivalent unit]

Total cost = 50,000*$3.80 + 11,000*$3.80

Total cost = $190,000 + $41,800

Total cost = $231,800

7 0

3 years ago

Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note t

dolphi86 [110]

Answer and Explanation:

The computation of the MIRR is shown below:

But before that terminal cash flow required to calculate

<u> Year Cash Flows FV Factor Formula Terminal Value </u>

<u> (Cash Flow × FV Factor) </u>

0 ($1,000)

1 $450 1.21 (1 +10%)^(2) $545

2 $450 1.1 (1 + 10%)^(1) $495

3 $450 1 1 $450

Terminal Cash Flow $1,490

now the MIRR is

$MIRR = \sqrt[n]{\frac{terminal\ cash\ flow}{initial\ investment} } - 1\\\\= \sqrt[3]{\frac{\$1,490}{\$1,000} } - 1$

= 14.22%

As it can be seen that the MIRR is more than the WACC so the project should be accepted.

8 0

3 years ago

A famous quarterback just signed a contract for $18.6 million, providing $3.1 million a year for 6 years. A less famous receiver

barxatty [35]

Answer:

a) The PV of the quarterback's contract is 13.91 million

b) The PV of the receiver's contract is 14.42 million .

c) The Receiver is better paid

Explanation:

a)

PV of quarterback

= 3.1/1.09 + 3.1/1.09^2 + 3.1/1.09^3 + 3.1/1.09^4 + 3.1/1.09^5 + 3.1/1.09^6

= 3.1/0.09*(1 - (1/1.09)^6)

= 13.91 million

Therefore, The PV of the quarterback's contract is 13.91 million .

b)

PV of receiver's contract

= 5 + 2.1/1.09 + 2.1/1.09^2+2.1/1.09^3+2.1/1.09^4+2.1/1.09^5+2.1/1.09^6

= 5 + 2.1/0.09*(1 - (1/1.09)^6)

= 14.42 million

Therefore, The PV of the receiver's contract is 14.42 million .

c) Since the PV of the quarterback's contract is less than the PV of the receiver's contract, The Receiver is better paid.

6 0

3 years ago