Answer:
Im pretty sure that the seller would prevail.
Explanation:
If not than I apologize so sorry <3
Answer:
The annual payments are= $10586.40
Explanation:
Giving the following information:
By the end of this year, you would be 35 years old and you want to plan for your retirement.
You wish to retire at the age of 65 and you expect to live 20 years more.
You wish to have an annual sum of $50,000.
A conservative bond fund has been returning 7% annually.
First, we need to calculate the amount of money needed at 65 years old.
50000*20= $1,000,000
So, we know the final value= 1,000,000; n=30 and the interest rate i=0.07
We need to find the annual payments required to achieve the final value, using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
Isolating A:
A= (FV*i)/[(1+i)^n-1]
A= (1000000*0.07)/[(1.07^30)-1]
A=$10586.40
Answer:
The value of a right is $1
Explanation:
10 rights are needed to buy 1 share at the price of $19
Value of total rights = $29 - $19 =$10
Value of a right = 
= $1
Answer:
$10,200
Explanation:
The computation of the deferred income tax expense or benefit is shown below:
Favorable temporary difference = $50,000
Less: Unfavorable temporary difference -$20,000
Net favorable temporary difference $30,000
We assume the tax rate is of 34%
So, the deferred tax expense is
= $30,000 × 34%
= $10,200
By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above
