Answer:
Missing word <em>"You are now 18 years old and are allowed to withdraw the money for the first time. The account currently has $3996 in it and pays an 8% interest rate."</em>
a. At 18 years, future value of current amount (compounded for another 7 years at 8%)
= $3,996 * (1.08)^7
= $3,996 * 1.7138
= $6,848.34
b. At age 65, future value of this amount (compounded for another 40 years at 8%)
= $6,848.44 * (1.08)^40
= $6,848.44 * 21.7245
= $148,779.93
c. Future Value = Present Value * (1 + Interest Rate)^n
So, let initial the money deposited be represented by Y
=> $3,996 = Y * (1.08)^18
=> $3,996 = Y * 3.996
Y = $3,996 / 3.996
Y = $1,000
Answer:
3. Rental costs of $5,000 per month plus $.30 per machine hour of use
Explanation:
Mixed cost is the one which has both the factors, variable and fixed.
Sometimes, the segregation is also difficult, when the total cost is given.
In the chosen option also, there is a fixed cost involved that is monthly expense of $5,000.
Further for each hour of machine used the cost increases and is $0.30 per hour.
That is variable as the total will depend upon the number of hours the machine is used.
All the other three are either completely fixed like salary, and depreciation, or either completely variable like electricity cost.
If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the vendor to lower his rates that would be considered an offense under boycotting.
- Practices like setting pricing, manipulating contract bids, and dividing up customers among companies that ought to be competing for them are all considered violations of the Sherman Antitrust Act.
- These infractions are crimes. As a result, they risk receiving severe penalties or lengthy prison terms.
- Price fixing is an antitrust offense per se.
- Usually, but not always, real estate brokers charge for their services as a percentage of the sales price, or "commission."
- In addition, they often give a publicly disclosed portion of that commission to a broker who brings in a customer.
What is an antitrust violation central element?
The main components of an antitrust violation are a contract, a conspiracy between or among competitors to unreasonably impede commerce, or a combination of these, even though antitrust can and does take several forms in real estate.
Learn more about an antitrust violation central element brainly.com/question/576726
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Answer:
1. The company's profit margin is 13.4% percent.
profit margin = net income / net sales = $45,064 / $336,329 = 13.4%
2. The total asset turnover is 0.82 times.
asset turnover ratio = net sales / average assets = $336,329 / [($387,891 + $432,000)/2] = $336,329 / $409,945.50 = 0.82
3. The equity multiplier is 1.7 times.
equity multiplier = average total assets / average total equity = $409,945.50 / [($205,936 + $275,000)/2] = $409,945.50 / $240,468 = 1.70
4. Using the Du Pont Identity, the company's ROE is 18.68% percent.
ROE = profit margin x asset turnover x equity multiplier (or financial leverage) = 0.134 x 0.82 x 1.7 = 0.1868 = 18.68%
Answer:
Lee's portion of income =$81, 900
Explanation:
<em>The income or loss would be shared according to the ratio of capital contributed. The ratio is the proportion of capital contribute per partner to the total pool of capital.</em>
Lee;s portion of income
= lees capital/total capital × reported income
= 301,500/(201,000+167,500+ 301,500) × 182,000
= $81, 900
Lee's portion of income =$81, 900
