Answer:
$69,378.96
Explanation:
The first step is to determine the future value of Jill's balance
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
$866,000(1.09)^8 = $1,725,559.25
the second step is to determine the future value of the balance in Bob's account
$482,000(1.09)^8 = $960,415.19
The difference between Jill and Bob's future value amount is 765,144.06. this has to be the future value of bob's yearly savings
yearly savings = 765,144.06. / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
(1.09^8 - 1) / 0.09 = 11.028474
765,144.06. / 11.028474 = $69,378.96
Well I look up the answer it c.
Stephen should be more concerned with the shareholder management theory and Karishma should be more concerned with the stakeholder management theory.
The following information should be considered:
For shareholder:
- It is the owners of the company,
- It could be equity or preference shareholder.
- It should be considered when they are limited by shares.
For stakeholder:
- They are not the owners but have an interest in the company.
- Each company contains the stakeholder.
- It includes the creditors, government, etc.
- It should be considered for the performance of the company.
Therefore we can conclude that Stephen should be more concerned with the shareholder management theory and Karishma should be more concerned with the stakeholder management theory.
Learn more about the management here: brainly.com/question/14874943
Answer:
$61,071.36
Explanation:
According to the scenario, computation of the given data are as follows,
Value of note = $640,000
So, Carrying value of note on Jan 1, 2020 = $640,000 × 0.71
= $454,400
Prevailing interest rate = 12%
So, Interest for 2020 = $454,400 × 12% = $54,528
Now, Interest revenue for 2021 = ($454,400 + $54,528) × 12%
= $508,928 × 12%
= $61,071.36
Hence, the amount of interest revenue that should be included in Swifty's 2021 income statement is $61,071.36
Answer: $11420
Explanation:
The amount that Hepburn will show as an amount receivable from factor will be the estimated fair value of the interest in receivables minus the factoring fee given in the question. This will be:
= $12,000 - ($58,000 × 1%)
= $12,000 - ($58,000 × 0.01)
= $12,000 - $580
= $11,420
