Answer: I must invest <u>$85424.14</u> today in order to buy a Ferrari nine years from now on the day I turn 30.
We have
Price of the Ferrari nine years from now (Future Value - FV) $215000
Expected Rate of return on the mutual fund (r) 10.8%
Time until I turn 30 (n) 9 years
We can calculate the Present Value (PV) or the money to be invested today as



Answer:Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action
Explanation:
The answer to the blank space is green-oriented.
Green-oriented products are also known as environmental-friendly products, which means either the product is created from raw materials that will not cause harm upon use or disposal to the environment, or that the product is created through a process that does not impact the environment in a harmful manner.
In the Frito-Lay’s case of snack food manufacturing, it is clear that this is the second type of environmental-friendly product, since the product is partially produced using solar power which leads to less harmful pollution for the environment.
Answer:
A) $21,068
B) $1,525.24
C) $280,457.24
Explanation:
The amount of the discount = face value - market value = $300,000 - $278,932 = $21,068
Amount of interest recognized on December 31, year 1 = ($278,932 x 7%) - ($300,000 x 6%) = $19,525.24 - $18,000 = $1,525.24
Carrying value of the bond liability = $278,932 + $1,525.24 = $280,457.24
Answer:
1. b. $15,000
2. a. $13,200
Explanation:
a. Fair Value of Consideration $180,000
Non Controlling Interest $120,000
Differential in value of Sanlo $45,000
Good will = $15,000
b. Value of Equipment = $10,000 / 5 = $2,000
$2,000 * 60% = $1,200
Value of land = $15,000 * 60% = $9,000
Value of Sanlo's Inventory = $5,000 * 60% = $3,000
Total value amortize using equity method is $13,200