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2 years ago

How was everyone's day?

Business

2 answers:

masya89 [10]2 years ago

5 0

Answer:

Great!

Explanation:

Someone actually cares about me :)

RUDIKE [14]2 years ago

3 0

It was good, I just despise homework

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Sandy wants to go on a trip in 10 years. If she invests $1,000 per year at the end of each year for 10 years at a 12% interest r

atroni [7]

Answer:

$17,549

Explanation:

Data given in the question

Number of years = 10

Invested amount = $1,000 per year

Rate of interest = 12%

So by considering the above information, the accumulated amount is

= Invested amount × future value of an annuity for 12% at 10 years

= $1,000 × 17.549

= $17,549

Refer to the Future value of an annuity table

In order to find out the accumulated amount we simply multiplied the invested amount with the factor

5 0

2 years ago

Grocery, inc., and dave's market enter into a contract for the delivery of locally grown produce. the parties use a standard gro

BaLLatris [955]

<span>Grocery, inc., and Dave's market enter into a contract for the delivery of locally grown produce. The parties use a standard grocery, inc. form that contains some of the terms the parties agree on but not others. some of the produce spoils before it can be sold. Dave's refuses to pay for the spoiled goods. Grocery, inc. files a suit against Dave's, claiming that the buyer assumed the risk of the spoilage of the unsold produce. The court may allow evidence of this term if it finds that the parties' contract is not fully integrated.</span>

4 0

3 years ago

If a store manager only hires shift supervisors who have a four-year college degree, even though experienced cashiers without a

Alona [7]

Bias may be occurring. Bias is basically thinking someone is better than another person due to one factor, without even knowing the person. In this instance, the store manager is only hiring shift supervisors who have a degree, rather than an experienced cashier without a degree. The bias here is dependent on the employee's educational history. The manager may think that even though the cashiers are great, they still may not have the qualifications that one would pick up in college.

4 0

2 years ago

The Evanec Company's next expected dividend, D1, is $3.03; its growth rate is 5%; and its common stock now sells for $34.00. New

Anestetic [448]

Answer:

(a) 14%

(b) 15%

Explanation:

cost of retained earnings:

= ($3.03 ÷ $34) + 0.05

= 0.09 + 0.05

= 14%

Therefore, the Evanec's cost of retained earnings is 14%

Flotation cost percentage:

= [($34 - $28.90) ÷ $34] × 100

= 0.15 × 100

= 15%

Therefore, the Evanec's percentage flotation cost is 15%.

Cost of new common stock:

= ($3.03 ÷ $28.90) + 0.05

= 0.1048 + 0.05

= 15.48%

Therefore, the Evanec's cost of new common stock is 15.48%.

8 0

2 years ago

Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this

Ipatiy [6.2K]

Answer:

a. $32,039

b. $19,439

c. -$12,961

d. $9,639

Explanation:

We will use accounting equation to solve the above question.

Assets = Liabilities + Equity

Also;

Net income will be the difference in equity plus dividends minus contributions

= [Ending equity - Beginning equity ] + Dividends

Since the beginning and ending equity is the same for all the years, then we'll have

$71,500 = $30,652 + Equity

Equity = $40,848

Ending equity = $122,500 - $49,613

= $72,887

a. Income : $72,887 - $40,848 + 0 - 0

= $32,039

b. $72,887 - $40,848 + $1,050 × 12 - 0

= $19,439

c. $72,887 - $40,848 + 0 - $45,000

= -12,961

d. $72,887 - $40,848 + $1,050 × 12 - $35,000

= $32,039 + $12,600 - $35,000

= $9,639

6 0

2 years ago