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3 years ago

5

You want to invest $37,000 today to accumulate $41,650 to buy a car. If you can invest at an interest rate of 3% compounded annu

ally, how many years will it take to accumulate the required amount

1 answer:

Gnom [1K]3 years ago

5 0

Answer:

4 years

Explanation:

It takes 4 years to accumulate the required amount.

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You are working with an experienced Customer Service Representative to board a busy flight on a tight timeline. You notice that

Hitman42 [59]

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

<h3> Who is customer service representative?</h3>

Customer service Representative relates directly with customers, they ensure they are comfortable when they come to them by providing necessary service the customer will need and also ensure good sales.

The rep should handle the situation by pointing their attention to the danger attached to not following the safety rules in a very friendly manner and could also have a superior informed that could help guide them.

Therefore,

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

Learn more on customer service below

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6 0

2 years ago

Hart enterprises recently paid a dividend, d0, of $1.25. it expects to have nonconstant growth of 20% for 2 years followed by a

zepelin [54]

Answer:

Explanation:

Terminal or horizon date is a point in time where a company's dividend experiences a constant growth rate.

In this case, it is mentioned that non-constant growth rate of 20% will happen for first two years and thereafter, a constant rate of 5%; this means that

D1= 1.25(1.20) =1.5

D2 = 1.5 (1.20)= 1.8

Then starting at D3, there's a constant growth rate = 5% so,

D3 = 1.8 (1.05)= 1.89

D4 = 1.89(1.05)= 1.9845

D5 = 1.9845 (1.05) = 2.0837

.....and so on

Therefore, the horizon date would be at the end of the second year i.e. End of Year 2.

8 0

4 years ago

On January 1, 2016, Hackman Corporation issued $1,400,000 face value 12% bonds dated January 1, 2016, for $1,423,060. The bonds

krok68 [10]

Answer:

(a) Bond issuance:

Debit Cash $1,423,060

Credit Bonds payable $1,400,000

Credit Premium on bond payable $23,060

<em>(To record bond issuance)</em>

(b) June 20 interest payment

Debit Interest expense (balancing figure) $81,694

Debit Premium on bond payable $2,306

Credit Cash $84,000

<em>(To record first interest payment - June 30)</em>

(c) December 31 interest payment

Debit Interest expense (balancing figure) $81,694

Debit Premium on bond payable $2,306

Credit Cash $84,000

<em>(To record first interest payment - December 31 )</em>

Explanation:

A bond is a long-term promissory note issued by a company in order to borrow from investors to fund its business operations.

Calculation of the interest expense:

Premium on bonds payable (balancing figure) = $23,060

Number of periods = 5 years x 2 = 10 periods

Amortization of premium on bond payable = $23,060 / 10 periods = $2,306

Calculation of the cash proceed:

Cash = Face value of bond x contractual interest x Time period

Cash = $1,400,000 x 12% x 6 / 12 = $84,000 (see the journals above)

4 0

4 years ago

A share of common stock just paid a dividend (D0) of $1.50. If the expected long-run growth rate for this stock is 5%, and if in

skelet666 [1.2K]

Answer:

Current stock price = $24.23

Explanation:

Stock price under Discounted Model:

P0 = D1 \div(Ke - g)

P0 = Current Market price of the share

g = Growth rate = 5.0%

Ke = Cost of equity = 11.5% p.a

D1 = Expected dividend = $1.50 (1 + 0.05)= $1.575

P0 = $1.575 / (11.50% - 5.0%)

Current stock price = $24.23

8 0

3 years ago

Multinational enterprises (MNEs) have an impact far beyond their firm boundaries. Assume you are working for a small firm that s

In-s [12.5K]

Answer:

Multinational enterprises (MNEs)

Relationship Change as the MNE moves from Globalization 2.0 to Globalization 3.0 operations:

This move means that Indian and Chinese companies would be competing with my local small firm. The MNE may be looking for cheaper prices for my company's products and services, which the Indian and Chinese companies would more efficiently supply it. My firm may be on the precipice of liquidating if this MNE is our major customer. My firm must move fast to become more competitive by differentiating our products and services with better quality and perhaps reduced production costs, to enable it compete more favorably with the Indian and Chinese competitors. Otherwise, we may regard the relationship as nearing its end and prepare for other opportunities with other companies.

Explanation:

Globalization reduces national boundaries by integrating national economies into a globalized economy, thus enabling companies to compete globally for financial resources, goods, and services. When Globalization 1.0 happened, countries were globalized and the world became a global village. When Globalization 2.0 from which the G7 profited largely, companies were globalized. With the current Globalization 3.0, individuals are being globalized, and the highest beneficiaries are Indian and Chinese nationals who appear better prepared to take on the world, garner most of the important resources to themselves, and call the shots from the boardrooms. An example is Microsoft's current CEO, Satya Nadella, who is an Indian-American.

4 0

3 years ago