Answer:
He will have $102,979 in his retirement account in 10 years.
Explanation:
Annual Payment = $2,000
Number of Year = n = 10
Interest rate = i = 5%
Compounded Quarterly
Future value after 10 years
FV = A [ ( ( 1 + ( r / m )^mt ) - 1 / ( r / m )
FV = $2,000 [ ( ( 1 + ( 0.05 / 4 )^40 ) - 1 / ( 0.05 / 4 )
Future value = $102,979
So, Ira Schwab will have $102,979 in his retirement account in 10 years.
Timmons Corporation purchases office supplies for $350 cash. Debit Supplies $350, credit Cash $350.
A legal entity is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.
A corporation is a business entity owned by shareholders who elect a board of directors to oversee the activities of the organization. A company is responsible for its actions and finances, but its shareholders are not.
Learn more about Corporation here:brainly.com/question/13551671
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Answer:
The answer is: C) PV of a perpetuity = StartFraction r Over Upper C EndFraction (I guess this means PV = r / C, which is FALSE)
Explanation:
The formula for calculating the present value of a perpetuity is:
PV = C / r
Where PV = Present Value, C = cash flow, r = discount rate.
A perpetuity is a stream of equal cash flows that lasts forever (perpetually).
The formula for calculating the present value of a perpetuity is simple, so there is no reason to spend time calculating the present value of each cash flow, since there are infinite cash flows.
A consol bond s a type of perpetuity issued by the British government (also by the US government)
Answer:
37,000 common stock outstanding
preferred stock dividends = $82,000 x 10% = $8,200
Case A The preferred stock is noncumulative, the total amount of dividends is $32.000
- dividends distributed to preferred stockholders = $8,200
- dividends distributed to common stockholders = $32,000 - $8,200 = $23,800
since the preferred stocks are non-cumulative, if dividends are not paid during a certain they are "lost" and will not be recovered.
Case B The preferred stock is cumulative, the total amount of dividends is $24,600
- dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
- dividends distributed to common stockholders = $0
Case C The pretend stock is cumulative, the total amount of all dividends is $90,200
- dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
- dividends distributed to common stockholders = $90,200 - $24,600 = $65,600
Answer:
The statement is false
Explanation:
Channel design process is the one which is defined as those decisions that involve the development of the new marketing channels where the modification of the existing channels or none had existed before, which requires the market power as well as the financial strength of the members of the supply chain.
Therefore, the manufacturer could lead the process of the design process irrespective of the financial strength of members as well as the market power.
