Answer:
The correct answer is A.
Explanation:
Giving the following information:
Future Value= $420,000
Number of periods (n)= 4*3= 12 quarters
Interest rate (i)= 0.085/4= 0.0213
<u>To calculate the quarterly deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (420,000*0.0213) / [(1.0213^12) - 1]
A= $31,086.79
Answer:
$52,000,000
Explanation:
The computation of the dividend paid to the shareholders during the year is shown below:
As we know that
Ending retained earnings balance = Opening retained earning balance + net profit of the year - dividend paid
$950 million = $937 million + $65 million - dividend paid
$950 million = $1,002 million - dividend paid
So, the dividend paid is
= $1,002 million - $950 million
= $52,000,000
The contingency approach to management is based on the idea that there is no single best way to manage. Contingency refers to the immediate contingent circumstances. Effective organizations must tailor their planning, organizing, leading, and controlling to their particular circumstances.
Answer:
Explanation:price of the commodity
price of related goods
income if the consumer
taste and preference
exceptation of change of price