Answer:
$199,149.08
Explanation:
a = 100, i=0.06/12=0.005, n=40*12=480, FVA = Future value of annuity
FVA = A*[(1+i)^n - 1/ i]
FVA = 100 * [(1+0.005)^480 - 1 / 0.005]
FVA = 100 * [9.957454/ 0.005]
FVA = 100 * 1991.4908
FVA = $199,149.08
So, the amount that will be in his account when he retires at age 62 is $199,149.08.
Answer: buying more labor and less capital.
Explanation:
Marginal Physical Product tells us about the efficiency involved when an additional unit of labor is added to the production system. It should be noted that in a production system, when there is a change in the input such as labor and capital, the output will be affected.
In this scenario, we are informed that The MPP of labor divided by its (labor's) price is greater than the MPP of capital divided by its (capital's) price. Therefore, costs can be minimized when more labor is bought and less capital.
I guess the correct option is Letter D.
An example of a direct positive incentive is providing a commission for sales.
Answer:
Tax accountants ensure that companies and individuals comply with tax laws by filing their federal and state income tax returns. Some tax accountants also offer tax planning advice to help businesses and individuals save money in taxes.
Answer:
Alternative I: (Extra dividend)
Price per share is $ 46.20
Shareholder wealth per share is $ 42.40
Alternative II: ( Share repurchase)
For share repurchase, the price per share and the shareholder wealth is equal to the stock price.
Explanation:
Alternative I: (Extra dividend)
Amount spent = $19,000
Outstanding shares = 5,000 shares
Stock price = $50
Price per share = Stock price -
= $50 - = $50 - $3.8
= $ 46.20
Shareholder wealth per share = Price per share -
= $46.20 - $3.8
=$ 42.40
Alternative II: ( Share repurchase)
For share repurchase, the price per share and the shareholder wealth is equal to the stock price.