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Pachacha [2.7K]
3 years ago
9

You have researched your dream around-the-world vacation and determined that the total cost of the vacation will be $33,000. You

feel you can earn an APR of 10.8 percent compounded monthly and plan to save $395 per month until you reach your goal. How many years will it be until you reach your goal and enjoy your well-deserved vacation
Business
1 answer:
My name is Ann [436]3 years ago
6 0

Answer:

Explanation:

What 22

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Assignment Background Ellie Johnson Associates surveys American eating habits. The company's 1) Using the General Journal tab, c
Sav [38]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>

<em> </em>

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
5 0
3 years ago
Dakota Corporation decided to issue three-year bonds denominated in 5 million Russian rubles at par. The bonds have a coupon rat
sertanlavr [38]

Answer:

23.39%

Explanation:

From the given information, the amount was raised in rubies, Hence, we will convert them to dollars to be able to pay back the needed obligations.

However, according to the exchange rates, the IRR of dollar cash flow is the actual cost of financing that the company will address.

By applying the EXCEL FORMULA to compute the actual cost of financing, we get;

   A                    B                    C                    D                          E

Coupon              17%

Year                      0                    1                    2                         3

Cashflow in

rubles            5,000,000   5000000*17%  5000000*17%    5000000+850

                                           = 850000          = 850000         000

                                                                                                 = 5850000

Exchange          $0.30         $0.032                 $0.034              $0.035

rate

(per rubles)   5,000,000       5,000,000          5,000,000      5,000,000

Cash flow      × 0.03            × 0.032               × 0.034           × 0.035

in dollars    =  $150000.00  27200.00        28900.00           204750.00

IRR                   23.39%

8 0
3 years ago
Yurman Co. sells major household appliance service contracts for cash. The service contracts are for a one-year, two-year, or th
vekshin1

Answer:

b. $660,000.

Explanation:

Deferred revenues or unearned revenues refer to money that a company received in advance for goods or services that it still has delivered or provided. In this case, the company hasn't provided services for years 2017, 2018 and 2019 = $200,000 + $320,000 + $140,000 = $660,000

6 0
3 years ago
What are persuasive messages
kozerog [31]

Answer:

A message in which you are trying to get the reader to agree with your opinion. This way the walk away with a new perspective over such topic.

3 0
3 years ago
Read 2 more answers
A company's strategy can be considered "ethical" as long as: Select one: a. it does not entail actions/behaviors that cross the
Anni [7]

Answer:

A. it does not entail actions/behaviors that cross the moral line from "can do" to "should not do" (because such actions are unconscionable, injurious to others, or unnecessarily harmful to the environment).

Explanation:

What keeps a company going is their moral conduct and transparency. It is the basic ethics any company must possess. A company's service should be established within the phrases of "can do" and should not have exceptions attached such that it may cause harm if done otherwise.

3 0
3 years ago
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