if you believe you have a 50% chance of doubling your money, a 30% chance of gaining 12%, and a 20% chance of losing your entire investment, what is your expected return?
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ROI is calculated by dividing the new number by the investment's cost, then multiplying it by 100, then subtracting the investment's initial cost from its final value.
You can do this by dividing the likelihood of a given outcome by the number of possible outcomes, and then adding the results, as shown in the formula below: Since the investment market is extremely volatile, expected return is just one of many possible returns. It is equal to (Return A x probability A) + (Return B x probability B).
What is the anticipated gain?An investor's expectation of a profit or loss on an investment with known historical rates of return (RoR) is called the expected return.It is calculated by adding up all of the possible outcomes and multiplying them by how likely they are to happen.
Understanding Expected ReturnThe Black-Scholes options pricing model and modern portfolio theory (MPT) are two well-known models that make use of expected return calculations, which are an essential component of both business operations and financial theory. The expected return, for instance, would be 5% if an investment had a 50% chance of gaining 20% and a 50% chance of losing 10%.
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noah wants to quit his job and return to school for a mba degree at the end of two years. he plans to save and deposit $2,000 per month, beginning immediately from the beginning of first month. he will make monthly deposits in an account that pays 3% nominal interest (0.25% monthly). under these assumptions, how much will he have accumulated at the end of two years?
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Noah has accumulated $49,529 under these assumptions after two years.
What is nominal interest?The nominal interest rate, also known as the nominal rate of interest, is one of two things: the rate of interest before inflation adjustment, or the rate of interest "as stated" without adjustment for the full effect of compounding. In banks and in the investment field, the nominal interest rate is frequently used to describe interest on various loans. For example, if the loan's nominal rate is 5%, you can expect to pay $50 in interest for every $1,000 borrowed. You'll pay $1,050 at the end of the year. The nominal interest rate (also known as the money interest rate) is the percentage increase in money you pay the lender for the use of borrowed funds.
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a company acquires equipment by signing an interest-bearing note payable for $20,000. the interest rate is realistic so the company will record (select all that apply.) multiple select question. debit machine $20,000 debit machine for an amount less than $20,000 credit note payable $20,000 debit discount on note payable
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Key Learnings. Regardless of the results, full cost (FC) accounting enables businesses to capitalize all operating costs associated with discovering new oil and gas sources.
$20k from the machine, $20k on the credit note.
Which oil and gas accounting technique mandates that the cost of failed wells be incurred in the current period?
When it is determined that a failed exploratory well won't produce, the costs associated with that well are immediately expensed under the SE method. The expenditures are capitalized and then amortized using the FC accounting method throughout the anticipated life of the company's oil and gas reserves.
Which of the following expenses for research and development should be capitalized and written down over the next two years?
The response is a. Building for general research and development laboratories with future potential for other applications. Since the general laboratory facility for research and development will serve the company's needs beyond only that of research and development and will require depreciation over its useful life, it should be recognized as an asset.
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24. refer to charholi december 31, 2019 income statement shown below. charholi began 2019 with a taxes payable account balance of $7 million. if it ended 2019 with a taxes payable account balance of $10 million, how much did it pay in taxes in 2019? $12.6 million $18.6 million $22.6 million $25.6 million
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In 2019, Charoli paid taxes of $12.6 million as per the given income statement
Taxes payable account balance at the beginning of 2019 = $7 million
Taxes payable account at the end of 2019 = $10 million
As per the given question:
The tax expense in the income statement for the year = $15.6 million
But, there has been an increase in the tax payable during the year from $7 million to $10 million.
This means that $3 million of taxes have not been paid this year.
Hence, the final tax paid by the company is = 15.6 - 3 = 12.6 million
Option 1. is the correct answer
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clancy purchases an old office building and wants to obtain commercial property insurance. the building is at an increased risk of fire damage because the electrical work is outdated. in a weak economy, the insurance company charges him a lower premium than usual and agrees to take the risk. this pricing strategy is called
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This situation uses the strategy of premium underwriting as it reduces the premium in case of risky situations as the insurer is able to take the risk due to less premium as assurance.
What is Cashflow Underwriting?
An insurer that uses cash flow underwriting is making a wager that the losses from the numerous policies it writes will take a while to materialize. A cash flow underwriting strategy seeks to produce significant investment money from the increased business brought on by lower pricing by the individuals to avoid huge amounts of premium
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you purchase a $255,000 house and you pay 20 percent down. you obtain a fixed-rate mortgage where the annual interest rate is 5.85 percent and there are 360 monthly payments. what is the monthly payment? (you need to show the steps)
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You purchase a $255,000 house and you pay 20 percent down. you obtain a fixed-rate mortgage the monthly payment is $1203.48
What is a fixed-rate mortgage?Generally, In contrast to loans where the interest rate may change, or "float," throughout the course of the loan's term, a mortgage loan with a fixed rate is one in which the interest rate on the note stays constant during the duration of the loan.
In conclusion, the equation that defines Loan Amount is
Loan Amount = Purchase price - Purchase * 20%
Loan Amount= 255000 * (1-20%)
Loan Amount= 204000
The payment equation is
PMT = PV/(1-(1+r)-n)/r
Where
Rate = 5.85%/12
Number of periods = 360
Hence
PMT =[tex]\frac{204000}{(1-(1+5.85 \%/12)} - \frac{360)}{(5.85\%/12) }[/tex]
PMT = 1203.48
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which of the following types of markets is more efficient (greater overall gains from trade): a) a monopolist who does not price discriminate and has to charge a uniform price b) first-degree price discrimination
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First-degree price discrimination markets are more efficient.
What is First-degree price discrimination?Price discrimination is categorized into three types: perfect price discrimination, second-degree price discrimination, and third-degree price discrimination. These price discrimination tiers are also known as personalized pricing (first-degree pricing), product versioning or menu pricing (second-degree pricing), and group pricing (third-degree pricing) (3rd-degree pricing).
First-degree discrimination occurs when a company charges the greatest possible price for each unit consumed. Because prices vary among units, the corporation keeps all available consumer surplus or economic excess for itself. Many sectors that provide client services engage in first-degree price discrimination, which occurs when a business charges a different price for each product or service given.
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solve the problem. the total cost of producing x units of a certain commodity is given by does marginal cost increase or decrease with increasing production? not enough information to answer marginal cost is constant. marginal cost is increasing. marginal cost is decreasing.
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Marginal cost is increasing with increasing production.
In economics, the marginal cost is the exchange in total production fee that comes from making or producing one extra unit. To calculate the marginal value, divide the change in production expenses by means of the alternate in quantity.
Take your total value of manufacturing and subtract your variable prices improved by using the wide variety of units you produced. t=This could provide you with your overall fixed cost.
An organization's marginal fee is how a great deal greater it charges to produce extra gadgets of goods or services. You may calculate it by dividing the exchange in expenses by the change in amount.
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in his last order, the bakery manager at bread of the earth bakery purchased a different brand of whole wheat flour from his regular supplier, best bakery supplies. this is an example of a
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this is an example of a Modified Rebuy.
What is Modified Rebuy?
Modified rebuy is the in-between process where some review of the buying situation is done though not as much as in new-task buying.
Modified Rebuy helps the business in saving a lot of time. Business maintain lists of such materials and products which can be bought again from the same supplier or another supplier from an approved list which is already on boarded and knows the requirement well.
A buyer can acquire information for a modified rebuy by analyzing competition by comparison shopping, by analyzing current information found in trade publications or at trade shows, or by hiring the services of a resident buying office.
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true or false: personal nonrefundable credits should be applied to a taxpayer's tax liability before other types of credits. after personal nonrefundable credits, any business credits should be used followed by all personal refundable credits.
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Personal nonrefundable credits should be applied to a taxpayer's tax liability before other types of credits. after personal nonrefundable credits, any business credits should be used followed by all personal refundable credits.
This statement is True.
A non-refundable credit basically means that the credit cannot be used to increase your tax refund or create a tax refund if you have not already received it. In other words, your savings cannot exceed the amount of tax you owe. Foreign tax credit. Credits for Parenting and Dependence. lifelong learning credits.
Refundable tax credits are called 'refundable'. This is because if you are eligible for a refund and your deductible exceeds the amount of tax you owe, you will be refunded the difference. For example, if you have $800 in taxes and are eligible to receive a $1,000 refundable credit, you are entitled to a $200 refund.
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merchandise invoiced at $9,500 is sold on terms 1/10, n/30. if the buyer pays within the discount period, what amount will be reported on the income statement as net sales?
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Net sales are what are left over after subtracting all returns, allowances, and sales discounts from gross sales.Net sales, which includes all forms of sales and associated deductions, is often the overall amount of revenue reported by a company on its income statement.
Solve the problem ?Sales Revenue is listed at the top of the Income Statement in the Revenue portion. It's typically broken out from Total Revenue and may be broken down into revenue streams, as well (more on those in the next section).
The formula for net sales explained
Net Sales = Gross Sales – Sales Returns – Allowances – Discounts.
Net Sales = (Total Units Sold x Sale Per Unit Price) – Sales Returns – Allowances – Discounts.
Net Sales = (25,000 x $20) - $40,000 - $60,000 - $20,000 = $380,000.
The net sales will be computed with the formula net sales = gross sales – returns – allowances – discounts.
$9500 - 950
8550
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a company generates revenues of $120 million, gross profit of $70 million, operating income of $50 million and net income of $24 million. it has 10 million shares outstanding. what is the company's operating margin? answer in percent, rounded to one decimal place.
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A business generates $120 million in revenue, $70 million in gross profit, $50 million in operational income, and $24 million in net income. There are 10 million active shares. The operational margin of the business.
The business's retained earnings for Year 8 would be $20 million and its EPS for Year 8 would be $2.50. The company's total earnings for Year 8 would be $10 million (net income of $50 million less interest charges of $10 million less dividend payments of $30 million = $10 million) if we calculate EPS and retained earnings. In Year 8, the corporation would have an EPS of $2.50 and $20 million in retained earnings (net income of $50 million less dividend payments of $30 million). the business's credit standing would be no less than an A as operating profit exceeds annual interest expenses by a factor of seven.
The company's retained earnings for Year 8 would be $10 million (net income of $50 million less interest costs of $10 million less dividend payments of $30 million). Its EPS for Year 8 would be $5.50. The operational profit of $70 million less interest expenses of $10 million, less dividend payments of $30 million, or $30 million divided by 20 million shares, would result in the company's EPS for Year 8 being $1.50 operational income.
Now, the query can be responded to as follows: business
We may calculate the following from the question:
EPS is calculated as Net Income / Outstanding Common Stock, which is $50 million / 20 million shares, or $2.50.
Dividend payments equal the number of outstanding shares of common stock Dividend per share equals 20,000,000 * $1.50, or $30,000,000.
Net income minus dividend payments equals retained earnings, or $50 million minus $30 million, or $20 million.
The company's retained earnings for Year 8 would be $20 million (net income of $50 million less dividend payments of $30 million) and its EPS for Year 8 would be $2.50 (B) operational income.
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the decision-making technique that involves graphically displaying alternatives considered in a decision and the outcomes expected as a result is termed a .
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The decision-making technique that involves graphically displaying alternatives considered in a decision and the outcomes expected as a result is termed as decision tree.
What is decision tree and the decision involving graphically displaying alternatives is termed as what?Decision tree is a significant tool used for classification and categorization for various kind of tasks and include regression tasks also.A decision tree for if or else conditions would be better for the understanding values and further processing.Decision tree is significant and plays a pivotal role for the data analysis and algorithms are also used in decision tree and ID3 is one of the algorithm used in decision tree.Here the decision tree is depicted as the technique involving graphically displaying alternatives considering in a decision and the outcomes expected as a result .The decision tree is named so because the data, decisions in decision tree is represented like a tree model or like the structure of tree.Hence decision tree is the decision making technique that involves graphically displaying alternatives considered in a decision and the outcomes expected as a result .To know more about decision visit:
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What is the key problem of assessing performance using multiple performance measures? group of answer choices it is impossible to know whether overall performance has improved it is expensive to record numerous measures there will always be disagreement about what the measures should be some measures will be inaccurate not all the measures will be in financial terms
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Measurement resistance is also brought on by a lack of data knowledge, a lack of resources, poor experiences, a lack of data accuracy, and a lack of senior leadership involvement.
Why is it difficult to measure performance?The most frequent problems with performance management, along with solutions,a lack of coordination,any successful business relies on effective communication, micromanagement Lack of confidence,not establishing objectives or expectations.selecting the incorrect priorities. These indicators include turnover, employee happiness, and employee engagement.According to studies, increased customer satisfaction is related to higher employee engagement.Customers can tell when employees are satisfied at work and have faith in their brand or business. The lack of structure in the process is one factor contributing to performance management failure.It must be done more frequently because it is not a one-time process.If you don't have a well-designed structure for performance management, it is not possible. The largest issue with forced ranking may be unfairness, as the way the system is set up makes the decisions appear more and more random each year.Poor performers have typically already left most organizations after several years of a forced ranking system. Input, Output, Efficiency, Quality, and Outcome are the five distinct types of metrics that have been discovered, defined, and will be used throughout the Iowa State Government.To learn more about measure performance refer
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those individuals who have salespeople reporting directly to them and spend considerable time working with salespeople in their respective sales territories are called
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Geographic sales organization is a respective territory in which the individuals who have salesperson reporting directly to them and spend considerable time working with the salesperson.
What is Geographic sales organization?A geographical sales organization is a type of organizational structure which organizes people within an organization by geographical locations. This feature helps in creating specific divisions for specific structure, Each division acts as an own company with different types of individuals for various types of business functions.
Advantages of Geographical sales organization
The advantages of geographic sales organization are
Better efficiency for divisionEasy to coordinateImproved focusLeadership OpportunitiesImproved customer communicationDisadvantages
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because of ethical considerations, a firm that offers a packaged service can use its experience to provide measures obtained from previous research to allow direct comparisons and make sense of results. true false
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A company that provides bundled services might draw on its expertise to offer metrics derived from earlier research to enable direct comparisons and make sense of findings : True
Define marketing.Marketing as a field covers all the things a company does to draw customers and maintain connections with them. Examples of networking with potential or past clients that can be done as part of the job include sending thank-you cards, playing golf with potential clients, swiftly returning calls and emails, and setting up coffee or dinner encounters with clients.
All three of these marketing operations involve selling and distributing goods to consumers or other businesses. In some instances, affiliates assist a company's marketing initiatives.
Examples of focused promotions include celebrity endorsements, appealing taglines or slogans, attractive packaging or graphic designs, and general media exposure.
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suppose that the airline industry is in long-run equilibrium when the price of gasoline increases, raising the cost of operating airplanes. in the long run, the number of airlines in business should:
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The airline industry is in long-run equilibrium when the price of gasoline increases, raising the cost of operating airplanes. in the long run, the number of airlines in business should decrease.
What is industry?
A group of businesses that are connected by their main lines of business are referred to as an industry. Numerous industry classifications exist in contemporary economies. Sectors are generally used to group together industry classifications into larger categories. According to their primary sources of income, individual companies are typically categorised into an industry. For instance, even though an automaker might have a financing division which contributes 10% to the company's overall revenues, this same company would be categorised in the automaker industry by the majority of classification systems. Based on the main product produced or sold, similar businesses are categorised into industries. In this way, industry groups are effectively formed, and these groups can later be used to separate businesses from those who engage in other types of activities.
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a specified interval of income to which a specific and unique marginal tax rate is applied is called a. an average tax rate. b. a tax bracket. c. a tax rate. d. a tax base.
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The correct answer is Option B.
Your filing status and taxable income determine your tax bracket.
What is marginal tax rate ?The marginal tax rate is the amount of extra tax paid for every additional dollar of income earned. The average tax rate is calculated by dividing total tax paid by total income earned. A marginal tax rate of 10% means that 10 cents of every additional dollar earned is taxed.For each associated bracket, the marginal tax rate formula isMarginal Tax Rate = Tax Paid/ Taxable Income.
The US Progressive marginal tax system has seven tax brackets. Each has a taxable income range with corresponding marginal tax rates. It also establishes the worth of a particular deduction for a taxpayer.To learn more about marginal tax rate refer to :
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in a complicated negotiated, minmetals in china agreed to purchase at least 24,000 tons of copper cathode for $35 million from pasar in the philippines. according to the terms of the sale, pasar will provide at least $12 million worth of coal to a chinese power company that will provide the electricity needed to operate minmetals. this is an example of a(n):
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Passer will provide at least $12 million in coal to a Chinese power company that will provide the electricity required to operate the minmetals, according to the terms of the sale. This is an illustration of a(n): countertrade
What is countertrade?Countertrade refers to the exchange of goods or services for which payment is made in whole or in part with other goods or services rather than with money. A monetary valuation, on the other hand, can be used in countertrade for accounting purposes. The term bilateral trade refers to transactions between sovereign states. Countertrade is a type of reciprocal international trade in which goods or services are exchanged for other goods or services rather than hard currency. This type of international trade is more common in developing countries that have limited access to foreign exchange or credit.
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keatts company's bank statement included a nsf check written by one of its customers. what effect will recognizing the nsf check have on the company's financial statements?
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Checks returned for insufficient funds (NSF) are noted on the bank reconciliation financial statement as an amended book balance line item, with the NSF amount subtracted from its balance.
To determine the genuine cash amount, the unadjusted book balance is subtracted. The NSF check should be deducted from the unadjusted book balance to get the true cash balance because the company was unaware of it before receiving the bank financial statement. The depositor receives their check back from the bank, and the amount is taken out of their account. Therefore, on the bank reconciliation, NSF checks must be deducted from the company's book balance.
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when purchasing a reusable water bottle, factors like durability, price, and temperature control that a consumer considers prior to purchase are called
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Evaluation criteria.
Evaluation criteria specify a set of metrics that allow solutions and alternate designs to be ranked based on the value of the stakeholders.
Explain Evaluation criteria?Evaluation criteria define a set of measurements that allow solutions and alternate designs to be ranked based on the value of the stakeholders. Each solution represents a continuous or discrete scale for measuring a particular solution attribute such as cost, performance, or usability.The definition of evaluation provided by the DAC includes five criteria: relevance, effectiveness, efficiency, sustainability, and impact.Accurate and unambiguous, which means that there is a clear and accurate relationship between the criteria and the actual consequences. Comprehensive but concise, in the sense that they cover the full range of relevant consequences while keeping the evaluation framework systematic and manageable, with no redundancies.To learn more about evaluation criteria refer to :
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according to bruno solnik's classic study, a fully diversified portfolio that contains stocks from many countries is blank as risky as a fully diversified portfolio that contains only us stocks. multiple choice question. more than double less than half equally
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According to Bruno Solnik's classic study, a fully diversified portfolio that contains stocks from may countries is less than half as risky as a fully diversified portfolio that contains only US stocks. A diversified portfolio can be defined as a collection of different investments that combine to reduce an investor's overall risk profile.
Diversification portfolio is including owning stocks from several different countries, industries, risk profiles, as well as other investments such as commodities, bonds, and real estate. The example of diversified portfolio is bonds, fixed interest, cash, property, shares, property, and private equity.
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the marginal rate of substitution (mrs) is multiple choice question. the value of the slope of the budget constraint. the value of the slope of the indifference curve. the absolute value of the slope of the indifference curve. the absolute value of the slope of the budget constraint.
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The Marginal Rate of Substitution or MRS is the slope of the indifference curve.
Indifference curve is a graph plotted in order to determine the same amount of satisfaction received by the consumers from different varieties of products. This property of deriving same satisfaction from different varieties of products is known as Indifferent. Every point on the indifference curve shows indifference among different products. Marginal rate of substitution is defined as the amount of a good that a consumer sacrifices or substitutes for other good in order to derive the same amount of satisfaction. The slope of indifference curve gives the Marginal Rate of Substitution. Marginal Substitution rate is a tool that can be used to determine the behavior of a consumer towards different varieties of products.
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your 75-year-old grandmother expects to live for another 15 years. she currently has $1,000,000 of savings, which is invested to earn a guaranteed 7.5% rate of return. ignoring the effects of inflation, how much can she withdraw (to the nearest dollar) at the beginning of each year and keep the withdrawals constant in nominal terms until the balance goes to zero at the end of the 15th year?
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$105,383 for every year is withdrawn by ignoring the effects of inflation.
75-year-old granny anticipates another 15 years of life.
She currently has $1,000,000 saved, which she has invested for a 7.5% guaranteed return.
The sum is determined as follows:
Annual withdrawals x [(1 - 1 / (1 + r)n) / r] = present value. x (1 + r)
Annual withdrawals x [(1 - 1 / (1 + 0.075)15) / 0.075] x 1.075 = $1,000,000
Annual withdrawals x 8.827119745 x 1.075 = $1,000,000
withdrawals per year = $1,000,000 / (8.827119745 x 1.075)
$1,000,000 / 9.489153726 is the annual withdrawal amount.
105,383 dollars in withdrawals per year approximately.
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As a ground control employee at the airport, neal uses hand signals to guide the planes to the tarmac. Which element of nonverbal communication is neal using?.
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Based on the fact that Neal who is a ground control employee at the airport uses hand signals to guide the planes to the tarmac, the element of nonverbal communication which Neal is using is known as gestures
What is Non-Verbal Communication?This refers to the type of communication that is used by a person to send a message to a person and to receive feedback and some examples or elements of this nonverbal communication include the use of expressions, gestures, paralinguistics, etc
Hence, we can see that because Neal uses hand signals in order to direct the planes onto the tarmac based on his job description as a ground control employee at the airport, he is making use of gestures.
With this in mind and from the given explanation, it can be seen that the element of nonverbal communication which Neal is using is known as gestures
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demonstrating the pervasiveness of overconfidence, despite strong evidence to active management under-performance, indexing accounts for what percentage of the overall equity held in the mutual fund industry?
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Demonstrating the pervasiveness of overconfidence, despite strong evidence to active management under-performance, indexing accounts 25% will be the percentage of the overall equity held in the mutual fund industry.
What is Arrogance Predisposition?
Pomposity predisposition is a propensity to hold a bogus and deluding evaluation of our abilities, insight, or ability. So, a selfish conviction we're superior to we really are. It tends to be a risky predisposition and is exceptionally productive in social money and capital business sectors. This guide will unload the presumptuousness predisposition in more detail. Learn more in CFI's Social Money Course.
What is ordered execution?
Execution file is an estimation of how well work is meeting its characterized objective. For work with reaction time objectives, the exhibition record is the genuine partitioned by objective. For work with speed objectives, the exhibition record is objective partitioned by genuine.
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land is purchased for $209,000. additional costs include a $14,400 fee to a broker, a survey fee of $2,400, $2,200 to construct a fence, and a legal fee of $9,400. what is the cost of the land?
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The total cost of land is $209,000 + $14,400 + $2,400 +$2,200+$9,400 that is $237,400 .
What is legal fee ?
Legal expenses are considered nominal accounting since they are considered an indirect cost of doing company.
How is legal fees calculated ?
The amount of time spent on your issue, the lawyer's skill, expertise, and reputation, the uniqueness and complexity of the case, the outcomes, and the associated costs are just a few of the variables that affect legal fees.
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when making keep or replace decisions, management should consider the: (check all that apply.) multiple select question. sale of the existing equipment variable manufacturing cost of the new equipment variable manufacturing cost of the existing equipment original cost of the existing equipment book value of the existing equipment
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when making keep or replace decisions, management should consider the:
sale of the existing equipment
variable manufacturing cost of the new equipment
book value of the existing equipment
When purchasing a new piece of equipment, take into account the price of the item, its lifespan, potential salvage value, operational costs, and any potential revenue growth. Take into account an item's remaining useful life, maintenance expenses, market worth, and potential salvage rate.
The expense and difficulty of the repairs that machines require will continuously rise as they get older. The 50/50 percent threshold rule is a useful formula for deciding what to do with a machine. According to this rule, you shouldn't replace a machine until the cost of repairs is greater than 50% of the cost of a replacement.
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current liabilities are due a.but not receivable for more than one year b.but not payable for more than one year c.and payable within one year d.and receivable within one year
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Current liabilities are due and receivable within one year. Current liabilities are a business's short-term debts that are due in a year or within a typical operational cycle.
Current liabilities are usually settled through current assets, which are resources that are consumed within a year. Accounts payable, short-term loans, dividends, and notes payable are a few examples of current liabilities, along with any outstanding income taxes.
Investors and creditors alike value the examination of current liabilities. This might provide a picture of a business's ability to handle its existing responsibilities and maintain its financial stability. Commonly, current assets—assets that are depleted within a year—are utilized to satisfy current liabilities. The capacity of a business to continue making timely debt payments is largely due on the ratio of current assets to current liabilities.
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______ is the change in total utility that results from the consumption of one more unit of a product.
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The marginal utility is the difference in a consumer's overall utility caused by consuming one more unit.
How Does Marginal Utility Work?Marginal utility describes the additional enjoyment a consumer receives from having one more unit of a good or service. The concept of marginal utility is used by economists to predict how much of a good consumers would purchase.
The pleasure a consumer experiences from each additional unit of consumption is known as marginal utility. It determines the utility after the initial product is consumed. The marginal utility is the benefit you receive from buying a second bottle of water after first purchasing one.
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how was the invention of the printing press disruptive to previous norms? for example: information creators, control of information, information consumers, etc.
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In the 15th century, people were able to share knowledge more quickly and widely thanks to an invention. Civilization has never wavered.
The saying goes that knowledge is power, and the mechanical movable type printing press made it easier and faster to spread knowledge.
How was information altered by the printing press?The unprecedented dissemination of ideas and information was made possible by the mass production of printed materials. Because it gave people access to new information, it is one of history's most significant inventions.
How did the printing press contribute to the dissemination of information and news?Newspapers were published and public debates took place as printing spread. The reformers and leaders were able to easily spread their ideas. Novelists and poets could also write about and convey their emotions, which could now reach a wider audience.
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