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goldenfox [79]
3 years ago
7

Assets for Smith Company are $30,000. Liabilities are $20,000. What is the Equity for Smith Company?

Business
1 answer:
geniusboy [140]3 years ago
8 0

Answer:

$10,000

Explanation:

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20.Assume that you just graduate and get a job. You will work for 40 years and save each year before you retire. During retireme
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Answer:

How much money will you need to have at the moment you retire?

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How much money do you need to save every year before retirement?

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Explanation:

we have to first determine the amount of money you need to finance your retirement distributions:

using the annuity due present value formula, PV = annuity payment x annuity due factor (PV, 8%, n = 40)

PV = $100,000 x 12.87858 = $1,287,858

now we must use the ordinary annuity future value formula, FV = annuity payment x annuity factor (FV, 8%, n = 40)

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4 0
3 years ago
Name any TWO markets within the four-sector circular flow model​
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Answer:

The circular flow model shows the interaction between two groups of economic decision-makers―households and businesses―and two types of economic markets―the market for resources and the market for goods and services.

4 0
2 years ago
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Presented below is information related to Cheyenne Corp., which sells merchandise with terms 2/10, net 60. Cheyenne Corp. record
Anastasy [175]

Answer:

Detailed solution is given in the tabular form below:

8 0
3 years ago
Fleesum recently began using cross-functional teams. Dee wants to make sure the teams collaborate effectively, but also wants to
Mariulka [41]

Answer:

use a skill-based pay plan for the teams.

Explanation:

Based on this scenario it can be said that the best method for Dee to use would be a skill-based pay plan for the teams. A Skill-based pay (SBP) is a unique compensation method that is designed to reward individual employees with additional pay in exchange for formal certification of the employee's mastery of skills, knowledge, and/or competencies. This will promote individual initiative without suppressing a cooperative work environment.

8 0
3 years ago
You are the chief financial officer for a firm that sells digital music players. Your firm has the following average-total-cost
Finger [1]

Answer:

False

Explanation:

Since for finding out whether the offer is accepted or not, first we have to determine the total cost at 600 number of players and for 601 number of players which is

The total cost of 600 players is

= 600 × $300

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= 601 × $301

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Therefore, the offer should not be accepted

6 0
3 years ago
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