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meriva
3 years ago
13

BE6.10 (LO 4) Henry Quincy wants to withdraw $30,000 each year for 10 years from a fund that earns 8% interest. How much must he

invest today if the first withdrawal is at year-end
Business
1 answer:
marin [14]3 years ago
3 0

Answer:

$201,302

Explanation:

Calculation for How much must he invest today if the first withdrawal is at year-end

First step is to calculate (FVF-OAn,i) using financial calculation

R = 30,000

n = 10

i = 8%

(FVF-OAn,i)=(6.71008)

Now let calculate the amount to be Invested today using this formula

Investment today = R (FVF-OAn,i)

Let plug in the formula

Investment today= 30,000 (6.71008)

Investment today = $201,302

Therefore the amount he must invest today if the first withdrawal is at year-end is $201,302

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your client has made all of the following transfers. which of these transfers will be excluded from the client's total gifts in
OlgaM077 [116]

To be excluded from the client's total gifts in the year made are

  • Paid a hospital $11,000 for medical services rendered to a friend
  • Made a donation to the democratic party. Option D I and III

This is further explained below.

<h3>Which of these transfers will be excluded from the client's total gifts in the year made?</h3>

Generally, If anything is referred to as "the client's," it means that it belongs to a single person, such as a client's file. The use of the clients' plural possessive demonstrates that we may attribute things to more than one client.

In conclusion, To be excluded from the client's total gifts in the year made are

  • Paid a hospital $11,000 for medical services rendered to a friend
  • Made a donation to the democratic party. Option D I and III

Read more about client's

brainly.com/question/28162297

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CQ

Your client has made all of the following transfers. Which of these transfers will be excluded from the client's total gifts in the year made?

Paid a hospital $11,000 for medical services rendered to a friend

Paid a family member $15,000 so she could go to school

Made a donation to the democratic party

Made a contribution to the shriner's hospital, which provides free medical care to children

A)

II and IV

B)

I and II

C)

III and IV

D)

I and III

5 0
2 years ago
A(n) ________ is a tool management uses to assess the potential of a firm's business portfolio. It helps management decide how t
frozen [14]

Answer:

3. portfolio analysis

Explanation:

Some example is portfolio analysis are:

Unilever has a portfolio of supplying tea and ice cream.

Gillette provides shaving products and batteries.

Protfolio analysis is the process by which the portfolio or products of a business are reviewed. It is done to analyse risk and returns. When portfolio analysis is done frequently it helps the business make changes in portfolio allocation based on changing market needs.

4 0
3 years ago
__________ segmentation is the most common basis of consumer market segmentation because these segments are easy to define and u
Law Incorporation [45]

Answer:

a. Demographic

Explanation:

In demographic segmentation market is segmented on the basis of variables like age, gender, family size, marital status, occupation, religion, income, employment etc.

Therefore, Demographic segmentation is the most common basis of consumer market segmentation because these segments are easy to define and usually easy to reach.

4 0
3 years ago
A proxy is: Multiple Choice A document that delegates a stockholder's voting rights to an agent. A contractual commitment by an
serg [7]

Answer:

Option (A) is correct.

Explanation:

A proxy refers to a document which represents the authority to take some decision or do some activity on behalf of other person. For example, in case of voting, proxy could be used for voting here to represent some other person. A proxy is also referred as the authority or power given to a person to act for another person.

8 0
3 years ago
Real Goods Inc. is a large conglomerate. The company's beverages strategic business unit (SBU) has been recognized as a cash cow
Vladimir [108]

Answer: C. While the market share of the company in the beverages industry will be high, the marketshare in the tobacco industry will be low.

Explanation:

The Boston Consulting Group (BCG) growth-share matrix is a planning tool where graphical representations of a company's products and services are analysed in an effort to make the company more efficient.

The products and services are places in 4 categories being four categories being "dogs," "cash cows," "stars," and “question marks.

As Cash Cows and Dogs are the relevant ones here we will look at them.

Cash Cows refer to Products the company has a relatively large market share in even if the products are in low-growth areas. Real Goods' beverages strategic business unit (SBU) has been recognized as a cash cow which means the market share here is high.

Dogs on the other hand are products for which the company has a relatively low market share and hence don't generate enough cash for the company. They should typically be sold or liquidated like Real Goods Tobacco division.

If you need any clarification do react or comment.

3 0
3 years ago
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