Answer:
The correct answer is A.
Explanation:
Giving the following information:
Shane wants to invest money in a CD account that compounds semiannually at a 6% annual rate. Shane would like the account to have a balance of $100,000 four years from now.
To calculate the present value we need to use the following formula:
PV= FV/(1+i)^n
i=0.06/2=0.03
n= 4*2=8
PV= 100,000/ (1.03)^8
PV= 78,940.92
Answer:
Operating Cash flow is $19,440
Explanation:
Operating Cash flow
Sales = $38,530
-Costs = $12,750
-Depreciation <u>= $2,550</u>
Operating Income = $23,230
-Interest Expense = $1,850
Income before Tax = $21,380
-Tax <u>= $4,490</u>
Net Income = $16,890
Operating Cash Flow = Net Income + Non-Cash Expenses – Increase in Working Capital
Operating Cash flow = $16,890 + $2,550 - 0
Operating Cash flow = $19,440
Answer:
1. Values of assets:
Land improve = $295,000
Land = $878,368
Building = $6,175,500
Equipment = $304,200
Furniture/fixture = $88,200
2. Interest expenses = $505,428
Explanation:
See the attached file for the calculation
Answer:
a congressionally mandated decrease in tax rates to stimulate the economy.
Explanation:
Automatic fiscal stabilizers are stabilizers that come into force automatically during economic fluctuations. They are not enacted by the government, policymakers or an agency of the government.
I hope my answer helps you
In a case whereby creden follows all procedural steps in conveying his property to adam. however, the deed does not state what type of interest is transferred to adam, the type of estate does adam own is A life estate, if that is what they agreed upon.
<h3>What is a life estate?</h3>
A life estate can be described as the estate that is been created by a deed that gives the land to the person "for life.
It should be noted that in this type of estate then there is usually the identification of what should happen to it after that person dies.
Therefore, the second option is correct.
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missing options:
A conditional estate, since there is a discrepancy.
A life estate, if that is what they agreed upon.
Fee simple absolute is presumed, since the deed does not state otherwise.
Either a fee simple absolute or a life estate.
