Answer:
Results are below.
Explanation:
Giving the following information:
Interest rate= 9%
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
a)
PV= $100,000
n= 35
i= 0.09
FV= 100,000*(1.09^35)
FV= $2,041,396.79
b)
PV= $100,000
n= 25
i= 0.09
FV= 100,000*(1.09^25)
FV= $862,308.07
There is a big difference between investing at 30 than at 40. It is due to the compounding interest of the first 10 years.
Answer:
d. $94,000
Explanation:
April 30th:
2,000 shares x $35 per share = 70,000 sotck dividends
December 15th:
12,000 shares x $ 2 per share = 24,000 cash dividends
total 94,000
The dividend income will be for 94,000 the sum of both proceeds fom Ty Corp
Plack will declare income for both, the stock received and the cash dividends.
Answer:
Perquisites.
Explanation:
Perquisite is defined as non wage compensation that an employee benefits in addition to normal salary.
When an employee exchanges his salary for some other form of compensation it is called salary packaging.
In this scenario the CEO enjoys benefits such as the use of a luxury summerhouse owned by the company for rest and relaxation with his family as well as a place to invite important clients before a lucrative business deal.
Also he has membership to an exclusive country club to its CEO.
Answer:
Debit balance is transaction amount minus margin: (250 × $36.55) − 0.46 × (250 × $36.55) = $4934.25
Equity is the margin amount, or 0.46 × (250 × $36.55) = $4203.25
Margin = (Value − Debit balance)/Value = [(250 × $46) − $4934.25] ÷ (250 × $46) = 57.09%.
To be able to make a gross margin of around $32000, the total sales must be around $32,324.
<h3>What is gross margin?</h3>
Gross margin is the total amount of cost benefitted by the sales revenue and the cost derived for the goods being sold. As per the information given above, the total sales calculation will be as $32,324.
Putting the value of total sales in the given formula, the gross margin is $32,000 when the cost of goods being sold has increased by around 1 percent.
Hence, the gross margin will be $32000 when the total sales will be $32,324 and the costs of sales increases by one percent.
Learn more about gross margin here:
brainly.com/question/22718027
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