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2 years ago

What will happen to the interest income of a 401(k) the longer you have the

Business

1 answer:

viktelen [127]2 years ago

3 0

i think that is is a. the interest income will double but i’m not sure .

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Money is the most important aspect of a job because?

dlinn [17]

It allows a fair exchange between labor and being rewarded. Which is also very ethical.

5 0

4 years ago

Read 2 more answers

Tamarisk Corporation had the following activities in 2020. 1. Payment of accounts payable $711,000 4. Collection of note receiva

Lady_Fox [76]

Answer:

the Net Cash flow provided by financing activities is $385,000

Explanation:

The computation of the amount that should be reported as net cash provided or used by financing activities is shown below:

Cash flow from financing activities

Issuance of common stock $247,000

Issuance of bonds payable $522,000

Less: Payment of dividends -$335,000

Less: Purchase of treasury stock -$49,000

Net Cash flow provided by financing activities $385,000

Hence, the Net Cash flow provided by financing activities is $385,000

7 0

3 years ago

Ready Repair Service enters into a contract to fix washers and dryers in Scrub n' Dry Company's coin-operated laundries. If Read

Bond [772]

Ready Repair Service enters into a contract to fix washers and dryers in Scrub n' Dry Company's coin-operated laundries. If Ready Repair breaches by only partially performing the contract, Scrub n' Dry can C. sue Ready Repair for compensatory and consequential damages.

Scrub n' Dry can sue Ready Repair if they do not hold up the full contract that was agreed on. Consequential damages are a type of compensatory damage. Since Scrub n' Dry did not receive all of the compensation they were entitled to based on their initial agreement they can sue to be awarded the funds that were lost. Compensatory damages are only meant to compensate a person for what they lost not punish the other company/individual.

5 0

3 years ago

The entry of new firms cause the demand curve of an existing firm in a monopolistically competitive market to shift to the left

Ugo [173]

My Answer: The entry of new firms cause the demand curve of an existing firm in a monopolistically competitive market to shift to the left because each will have a smaller share of the existing market and become more elastic since <span>consumers will have additional choices.

Hope I helped! :D</span>

5 0

3 years ago

A bond has a coupon rate of 8% and matures in 10 years. What are its expected cash flows if this bonds have a principal amount o

Lesechka [4]

Answer:

$1080

Explanation:

Calculation to determine the expected cash flows

Since the bonds have a principal amount of the amount of $1000 first step is to calculate the Cash flow CO1

CO1=$1000(.08)/2

CO1=$80/2

CO1= $40

Second step is to calculate the Frequency of PMT

Frequency of PMT= 10 years x 2 (semi-anually)

Frequency of PMT= 20

Now let determine the Cash Flow CO10

Cash Flow CO10=1000+80

Cash Flow CO10=$1080

Therefore the expected cash flows is $1080

4 0

3 years ago