Which of the following best describes a player's role in any game?

CII, Incorporated, invests $710,000 in a project expected to earn a 9% annual rate of return. The earnings will be reinvested in

allochka39001 [22]

The total amount accrued, principal plus interest at a rate of 9% per year compounded 1 times per year over 12 years is $1,996,992.00.

<h3>Compound Interest</h3>

Given Data

Principal = $710,000

Rate = 9%

Time = 12 years

A = P + I where

P (principal) = $710,000.00

I (interest) = $1,286,992.00

Calculation Steps:

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

r = R/100

r = 9/100

r = 0.09 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 710,000.00(1 + 0.09/1)(1)(12)

A = 710,000.00(1 + 0.09)(12)

A = $1,996,992.00

Learn more about Compound Interest here:

brainly.com/question/24924853

#SPJ1

4 0

3 years ago

Suppose that Dr. Reilly owns a medical clinic and he enters into a contract to buy 500 tablets of Gensol from Pharzime. The Gens

Ivan

Answer: See explanation

Explanation:

Based on the information given, it can be infered that the goods are nonconforming due to the perfect tender rule.

According to the perfect tender rule, a buyer can reject goods that are deliveres to him or her tender of the goods from the seller isn't perfect. Since the Gensol that he orders are 200 milligrams each while the one delivered are 100 milligrams each, then they aren't perfect.

Therefore, the clinic can reject the shipment, or keep some and reject others if it wants to.

7 0

3 years ago

In March, stockholders of Herbalife Nutrition approved a 3-for-2 stock split. After the split, how many shares of Herbalife stoc

Anna11 [10]

Answer:

600 shares

Explanation:

If a 3-for-2 stock split will take place, for every 2 stocks that an investor has, he will receive three stocks. So this specific investors who owns 400 stocks will receive:

(400 / 2) x 3 = 200 x 3 = 600 stocks.

After the 3-for-2 stock split, the company will have 50% more stocks outstanding and the price of each stock should be reduced by one third. So the investor shouldn't earn any profit from this split since the market value of the investment should remain about the same (stock prices change daily whether the split takes place or not).

4 0

4 years ago

Consider the following pre-merger information about a bidding firm (Firm B) and a target firm (Firm T). Assume that both firms h

anastassius [24]

The share price for the merged firm is $48.09. Therefore, the correct option is C

<u>Explanation:</u>

(a)-Net Present Value (NPV)

Net Present Value (NPV) = Market Value of the Target Firm + synergistic benefit – Acquisition Value

= [3600 Shares multiply $19] plus $16700 minus [3600 Shares multiply $21]

= $68400 plus 16700 minus 75600

= $9500

“Net Present Value (NPV) = $9500

(b) Share Price

Share price = [Market Value of the Bidding firm + NPV] / Number of shares of the Bidding firm

= [( 8700Shares multiply $47) plus $9500] / 8700 Shares

= [$408900 + 9500] / 8700 Shares

= $48.09 per share

“Share Price = $48.09 per share”

4 0

3 years ago

Under a job-order costing system, the dollar amount transferred from Work in Process to Finished Goods is the sum of the costs c

zheka24 [161]

Answer: completed in the period

Explanation:

Job order costing system refers to the system when small batches of the products are ordered by the customers. It is useful in knowing the cost that's used in the manufacturing of each product.

It's usually used when different products are being produced and the cost for each individual job need to be calculated. Under a job-order costing system, the dollar amount transferred from Work in Process to the finished goods will be the sum of the costs that's charged to all jobs that are completed in the period.

6 0

3 years ago