The projected cash disbursements for Whetzel Corporation for November is $1,090,000. This is calculated as follows: the beginning cash balance of $50,000 will be increased for the November cash collections of $1,000,000 and the cash borrowed of $70,000 (a cash inflow). This amount of total cash inflows would then be reduced by the total disbursements to get to the ending balance of $30,000. By subtracting the $30,000 ending balance from the above number we will get the total disbursements. See below:
$50,000+$1,000,000+$70,000=$1,120,000
$1,120,000-$30,000=$1,090,000
Check:
$50,000+$1,000,000+$70,000-$1,090,000=$30,000 (agrees to ending balance)
If a family spends $56,000 a year for living expenses. If prices increase 5 percent a year for the next four years, the amount that the family need for their annual living expenses after four years is $68,068.35.
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Annual living expenses</h3>
Using this formula
Amount=Amount spent× (1+ rate)^ Number of years
Let plug in the formula
Amount=$56,000× (1+0.05)^4
Amount=$56,000× (1.05)^4
Amount=$68,068.35
Therefore If a family spends $56,000 a year for living expenses. If prices increase 5 percent a year for the next four years, the amount that the family need for their annual living expenses after four years is $68,068.35.
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Answer:
The answer is B. Expressive social style.
Explanation:
From the details given about Joann, the characteristics she portrays shows her as an individual with an expressives social style.
Individuals with expressive social styles prefer seeks personal approval and more willing to make their feelings known to others. The expressives are characterized by high assertiveness and high responsiveness.
Answer:
22.64%
Explanation:
Given that
Buyed value of an asset = $4,500
Projected cash flows
For year 1 = $750
For year 2 = $1,000
For year 3 = $850
For year 4 = $6,250
So, the rate of return i.e internal rate of return is
We assume the internal rate of return be X%
$4,500 = $750 ÷ (1.0x) + $1000 ÷ (1.0x)^2 +$850 ÷ (1.0x)^3 + $6,250 ÷ (1.0x)^4
After solving this, the rate of return is 22.64%
Answer:
$5,506.14
Explanation:
In calculating the value of your investment at the end of the decade, we will use the formula below
A = P [1 + (R / 100)]^n
A = Total investment amount at the end of the decade, P = Principal amount invested, R = Annual interest rate in percentage, and N = Years
P = 1,000 , R = 18.6%, N = 10
A = $1,000 *(1 + 18.6%)^10
A = $1,000 *(1+0.186)^10
A = 1$,000*(1.186)^10
A = $1,000*5.506135
A = $5506.135
A = $5,506.14
Hence, the value of the investment at the end of the decade will be $5,506.14
