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Doss [256]
3 years ago
5

Firms that specialize in helping companies raise capital by selling securities to the public are called _________.

Business
1 answer:
Kaylis [27]3 years ago
4 0

Answer:

Firms that specialize in helping companies raise capital by selling securities to the public are called <em><u>investment banks</u></em><em><u> </u></em><em><u>.</u></em>

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In order to save $57,000 in five years, John will start saving money next month. He already has $10,000 in his account. The acco
Jlenok [28]

Answer:

He has to deposit $750.46 every month into the account

Explanation:

Future value id the accumulated amount of principal and compounded interest at the end of a specific investment period.

Assuming interest is compounding every month, use following formula to calculate the amount of payment each month.

FV = PV x ( 1 + r )^n + A x ( ( 1 + r )^n - 1 ) / r

$57,000 = $10,000 x (1+0.1%)^5x12 + A x ( ( 1+0.1% )^5x12 -1 ) / 0.1%

A = { $57,000 - [ $10,000 x ( 1 + 0.001 )^60 ] } / [ ( ( 1 + 0.001 )^60 )-1 / 0.001 ]

A = ( $57,000 - $10,618.05 ) / 61.80471

A = $46,381.95 / 61.80471

A = $750.46

3 0
4 years ago
Jacque solis, a 38-year-old, is leaving her current job and would like to take a long vacation before a new job. she has $58,000
Fudgin [204]
Jacque Solis will have $37,700 left <span>after paying taxes and penalties from her $58,000 qualified plan during the said period.  </span>A qualified plan is an employer-sponsored retirement plan that qualifies for special tax treatment under Section 401(a) of the Internal Revenue Code.

 





7 0
3 years ago
Bengal Co. provides the following unit sales forecast for the next three months: July August September Sales units 5,900 6,600 6
Nana76 [90]

Answer:

Units to be produced          6,075

Explanation:

July production budget

sales for the period           5,900

desired ending inventory

25% of next month

25% of August

25% of 6,600 =                 <u>   1,650  </u>

Total requirement needs    7,550

Beginning Inventory           (1,475)

Units to be produced          6,075

The forecast sales and the desired ending inventory are the needs for production, the beginning inventory is an amount we already have. So it decreases our production demand.

4 0
3 years ago
Susie has an iq score of 90. according to the distribution of iq scores, susie's iq falls into what category?
VashaNatasha [74]

Susie’s IQ falls into the average category. It is because since she receive the IQ score of 90, a person with an IQ score of 90-109 is considered to have a normal up to the average intelligence in which she acquires.

3 0
3 years ago
What are the two measures of profitability that The DuPont system merges the income statement and balance sheet into? A. net pro
Bogdan [553]

Answer:

Return on total asset and return on equity

Explanation:

These two financial ratio analysis provides the most potent way to arrive at the profitability and overall financial health of a company. The balance sheet and income statement thus provide the line items and figures required to compute such. With Dupont system, the balance sheet item is able to be merged with the income statement to arrive at the overall company's profitability.

7 0
3 years ago
Read 2 more answers
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