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geniusboy [140]
4 years ago
8

You would like to establish a trust fund to provide $150,000 a year forever for your heirs. The expected rate of return is 4.3 p

ercent. How much money must you deposit today to fund this gift
Business
1 answer:
inn [45]4 years ago
6 0

Answer:

$3,488,372.09

Explanation:

Data provided in the question

Annual income provided per year = $150,000

Expected rate of return = 4.3%

So by considering the above information, the amount of money deposited today is

= Annual income provided per year ÷ Expected rate of return

= $150,000  4.3%

= $3,488,372.09

By dividing the annual income by the expected rate of return we can get the today deposited amount

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The transactions listed below are typical of those involving New Books Inc. and Readers’ Corner. New Books is a wholesale mercha
ArbitrLikvidat [17]

Answer:

(A) Inventory increases by 595,000

(B) Inventory decreases by 14,500

(C) no effect

Inventory balance: 595,000 - 14,500 = 580,500

Explanation:

<u>We are asked for Readers' Corner</u>

(A) Reades purchase at 595,000 so we use this value. Reader has no informaiton about the cost of New Books.

(B) there is an allowance for 14,500 the inventory account will decrease immediately as it works with perpetual invnetory method

(C) no effect. The payment do not alter the invnetory valuation.

5 0
4 years ago
Having done "21 for 21" shots, deanna barely remembers her 21st birthday. that is, her _____ memory is sketchy.
zysi [14]
The answer to this question is episodic memory
episodic memory refers to the recollection of personal experience that cames in the form of small fragment.
Alcool hevily affect our brain capability to form memory and it is normal for people who drank that amount of alcohol to experience memory loss/hindered upon the period leading to the drunk effect
8 0
3 years ago
A $45 billion reduction in taxes increases Real GDP by $130.5 billion. Assuming a constant price level, what does the tax multip
lord [1]

Answer:

Tax multiplier= 2,9

Explanation:

Tax multiplier represents the multiple by which gross domestic product (GDP) increases (decreases) in response to a decrease (increase) in taxes.

In the simple version of tax multiplier, it is assumed that any increase or decrease in tax affects consumption only (and has no effect on investment, government expenditures, etc.)

The formula is:

TMs=MPC/MPS=MPC/(1-MPC)

TMs= is the simple tax multiplier;

MPS= marginal propensity to save (MPS); and

MPC=  marginal propensity to consume.

In this exercise, we do not possess the required information to use the general formula.

We need to use an alternative formula:

Decrease in taxes= change in GDP/tax multiplier

tax multiplier= change in GDP/Decrease in taxes

tax multiplier= 130,5billion/45billion=2,9

7 0
3 years ago
Why are files naming conversation essential
PIT_PIT [208]

Without everyone using the same system, it would be impossible to know locate folders or files. Where would you go to set up margins on a letter? Which actions should be done throughout the mail merge process?

I Hope I Helped

8 0
3 years ago
Mogul ships inventory with a cost of $80,000 to Ski Outfit and pays shipping costs of $8,000. By the end of the year, $60,000 of
Bezzdna [24]

Answer:

D $22,000.

Explanation:

Mogul ships inventory

Cost of goods = $80,000+$8,000=$88,000

Cost of goods old = $60,000+$6,000=$66,000

Inventory =$88,000-$66,000

=$22,000

Therefore the amount of inventory will Mogul report at year end will be $22,000

4 0
4 years ago
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