Discuss FOUR ways in which SAA could benefit from proper long-term planning.

2. Your grandfather placed $5,000 in a trust fund for you. In 12 years what will be the worth of the savings. If the estimated r

Shkiper50 [21]

With compound interest on a principal of $5,000.00 at a rate of 8% per year compounded 1 time per year over 12 years is $12,590.85.

<h3>Compound interest</h3>

Given Data

Principal = $5,000

Time = 12 years

Rate = 8%

Assuming a compounded interest approach

A = P + I where

P (principal) = $5,000.00

I (interest) = $7,590.85

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 8/100

r = 0.08 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 5,000.00(1 + 0.08/1)(1)(12)

A = 5,000.00(1 + 0.08)(12)

A = $12,590.85

Learn more about compound interest here:

brainly.com/question/24924853

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3 0

1 year ago

Which best explains why producers choose to specialize? choose two answers. to increase competition to gain a comparative advant

Svetradugi [14.3K]

The reasons why producers choose to specialize are:

to gain a comparative advantage
to increase efficiency.

<h3>What is specialization?</h3>

Specialization is when a producer concentrates on the production of some particular goods and services.

Advantages of specialisation

It increases economies of scale
It increases the efficiency of the producer

To learn more about comparative advantage, please check: brainly.com/question/25139916

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6 0

1 year ago

Sofia tells her Accountant, Luca, to prepare the financial statements of her business and then send them to Chase Manhattan Bank

Sergeeva-Olga [200]

Answer:

Law of tort

Explanation:

A tort can be basically described as an act or omission, which gives rise to an injury or harm, that could results into a civil wrong that could warrant a liability.

A tort can exist in 3 forms;

1. Negligence

2. Intentional torts, and

3. Strict liability.

The scenario under study here is a clear case of negligence. Here, the bank opined that there is deliberate and deceitful representation of the financial statement. Luca, the accountant, acknowledged that he was negligent in the preparation of this financial statements. The rule that governs this borders on negligence, and thus laws of tort comes handy in addressing this.

5 0

2 years ago

At December 31, 2017, Shorts Company had retained earnings of $2,184,000. During 2017, the company issued stock for $98,000, and

marta [7]

Answer:

Beginning retained earnings = $1816000

so correct option is C) $1,816,000

Explanation:

given data

retained earning = $2,184,000

issued stock = $98,000

paid dividends = $34,000

Net income = $402,000

to find out

retained earnings balance

solution

we know that Ending retained earnings equation is

Beginning retained earnings + Net income - Dividends = Ending retained earnings

put here value we get

Beginning retained earnings

so

Beginning retained earnings + $402,000 - $34,000 = $2,184,000

Beginning retained earnings = $1816000

so correct option is C) $1,816,000

7 0

2 years ago

Assume your required internal rate of return on similar investments is 11 percent. What is the net present value of this investm

Ksivusya [100]

Answer:

Hello some parts of your question is missing attached below are the missing parts

You are considering the purchase of a small income-producing property for $150000 that is expected to produce the following net cash flows

End of year cash flow

1 $50000

2 $50000

3 $50000

4 $50000

Answer : a) $5122.28 (b) 12.59% (c) You should make the investment

Explanation:

Internal rate of return = 11 %

initial cash flows = $150000

period = 4 years

Find the NPV (net present value )( using present value tables)

= preset value of cash flows - initial cash flows

= ∑ present cash flows for 4 years - $150000

= $155122.28 - $150000 = $5122.28

The going-in internal rate of return on investment

N (number of years ) = 4

pv ( present value ) = $150000

PMT = -$50000

Fv ( future value ) = 0

IRR = 12.59% ( making use of the cash flow list in our financial calculator )

8 0

2 years ago