1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svetoff [14.1K]
3 years ago
6

Bill wants to give Maria a $590,000 gift in two years. If money is worth 12% compounded semiannually, what is Maria's gift worth

today
Business
1 answer:
PtichkaEL [24]3 years ago
8 0

Answer:

the present value is $467,335.2613

Explanation:

The computation of the value worth today is shown below:

= Amount in two years ÷ (1 + rate of interest)^number of years

= $590,000 ÷ (1 + 12% ÷ 2)^2×2

= $590,000 ÷ 1.06^4

= $590,000 ÷ 1.26247696

= $467,335.2613

Hence, the present value is $467,335.2613

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

You might be interested in
The comparative balance sheets for Pina Colada Corp. show these changes in noncash current asset accounts: accounts receivable d
Verdich [7]

Answer:

Cash Flow from Operating Activities

Net Income                                                  $226,500

Decrease in Accounts Receivable             $78,500

Increase in Prepaid Expenses                   -$28,200

Increase in Inventories                               -$41,700

Cash Provided by Operating Activities    $235,100

4 0
3 years ago
Are leadership and management the same thing?
Fiesta28 [93]
No I think that in order to be a management you have to be a leader. If your a manager then your leading your employees if your not a leader you can’t properly do the manager job.
8 0
3 years ago
Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 16 p
alexira [117]

Answer:

The company WACC is 13.30%

Explanation:

For computing the WACC, first we have to find the weight-age of both debt and equity.

Since in the question, the weightage of debt and equity is given which is equals to

Debt = 30%

And, Equity or common stock = 70%

So, we can easily compute the WACC. The formula is shown below

= Weighted of debt × cost of debt × (1- tax rate) + Weighted of equity × cost of equity

= 0.30 × 0.10 × (1 - 0.30) + 0.70 × 0.16

= 0.021 + 0.112

= 13.30%

Hence, the company WACC is 13.30%

6 0
3 years ago
Jennifer couldn't believe her bad luck. The business planning cycle at Allworld Insurance was almost over. The only thing her bo
VashaNatasha [74]

Answer:

Allworld Insurance

1. Mission Statement

2. Tactical

3. Strategic

4. Operational

Explanation:

(A) Tactical plans include specific actions to enable the achievement of company-wide strategies.

(B) Mission statement describes the goal of an entity.  For example, a mission statement can describe an entity as renowned for its efficiency and cost reduction for its customers.

(C) Operational plans cover daily and routine activities at the individual level of the organization.

(D) Strategic plans embrace the whole organization and establishes how organizational goals will be achieved.

6 0
3 years ago
Who among the following is a member of a utilitarian organization: a) Angela, who works as a lawyer at a prestigious law firm an
dimaraw [331]

Of the options given, the most likely member of a utilitarian organization is<u> a. </u><u>Angela</u><u>, who works as a </u><u>lawyer </u><u>at a </u><u>prestigious law firm </u><u>and </u><u>earns $60,000 annually.</u>

A utilitarian organization is one where:

  • Employees receive some sort of compensation for their work
  • Employees are usually contracted to a company to provide a certain service

Angela is receiving a compensation of $60,000 annually and is a lawyer which means that they are probably contracted to the law firm.

We can therefore conclude that Angela is working for a utilitarian organization based on the fact that there is compensation and contract.

<em>Find out more at brainly.com/question/13956837. </em>

7 0
3 years ago
Other questions:
  • What does it mean to have liability for a company
    11·2 answers
  • What does apartheid mean and what country in africa practiced it?
    12·1 answer
  • This cartoon can be read and enjoyed on several levels. Which statement best captures the economic message of
    5·1 answer
  • In 1776, an economics book titled was published to promote the concept of free enterprise.
    6·2 answers
  • Keepers, Inc.'s balance sheet reported retained earnings as $10,000 at December 31, 2017 and $12,000 at the December 31, 2018. T
    15·1 answer
  • If the price of an airline ticket from SFO to LAS were to increase by 10%, from $100 to $110 roundtrip, while all other demand f
    6·1 answer
  • charitable contributions of a firm being tied directly to the customer revenues produced through the promotion of one of its pro
    8·1 answer
  • A memo is a copy of a document transmitted via phone line using a facsimile machine.
    14·1 answer
  • You have a job, but recently heard that your position may be cut. You can only make a
    12·1 answer
  • A self-employed individual makes $200,000 per year. to which type of retirement plan can the maximum contribution be made?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!