Under the assumption of making 30 annual contributions instead of 40, the annual withdrawal in Row 52 will be different. Starting earlier with more contributions has a significant impact on the annual withdrawal amount.
The scenario described involves making annual contributions to a retirement account and then withdrawing equal amounts until the account is depleted. In the original scenario with 40 contributions, the annual withdrawal amount is estimated in Row 50. However, when the number of contributions is reduced to 30, the annual withdrawal amount changes.
The change in the number of contributions affects the total amount accumulated in the retirement account, which in turn impacts the annual withdrawal amount. Starting earlier and making more contributions allows for a larger accumulation of funds, resulting in a potentially higher annual withdrawal amount. Therefore, starting earlier indeed makes a big difference in the annual withdrawal under these assumptions.
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Profit is: Multiple Choice the same as cost. the same as revenue. what is left over from total revenue after all of the appropriate costs have been subtracted. what is left over from total cost after all of the appropriate revenues have been subtracted.
Profit is what is left over from total cost after all of the appropriate revenues have been subtracted.
What is profit?
Profit is total revenue less total cost. A profit is earned when total revenue is greater than total cost. If this is not the case, then there is a loss.
Profit = total revenue - total cost
For example, if total revenue is 10,000 and total cost is 2000. Profit is 10,000 - 2000 = 8000
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The corporate officers at klm distributors require the head of the information services department to attend monthly conferences related to emerging technology and potential for fraud. Which aspect of internal control is klm addressing?.
klm addressing risk assessment aspect of internal control .
An analysis of what might occur if a risk materializes is done through the process of risk assessment.
Why should businesses take care to accurately identify cash and cash equivalents?Overstating cash and cash equivalents will make them appear more liquid than they actually are, misleading investors.
The section on cash receipts includes cash collected from clients as well as other cash sources, like royalties and investment income. All cash payments made for each reason are included in the section under "Cash Disbursements."
A company's estimated cash inflows and outflows for a given time period—which may be weekly, monthly, quarterly, or annually—is known as a cash budget. A corporation will use a cash budget to assess if it has enough cash on hand to maintain operations for the specified period of time.
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Which of these can prevent an accident in the workplace?
A. Not wearing appropriate gear
B. Ignoring safety procedures
O C. Being fatigued
D. Following safety procedures
Answer:
answer;D
Explanation:
A trader creates a strangle position by: (i) buying call option with a $50 strike price for $2, and (ii) buying a put option with a $45 strike price for $3. What is the upfront cost for setting up the strangle?
The upfront cost for setting up the strangle position is **$5**.
In this scenario, the trader creates a strangle position by buying a call option with a $50 strike price for $2 and buying a put option with a $45 strike price for $3. The upfront cost is the sum of the premiums paid for both options. Therefore, the trader would need to pay $2 for the call option and $3 for the put option, resulting in a total upfront cost of $5. This cost represents the initial investment required to establish the strangle position.
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There are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for the beginning of the course?
Prior to closing the accounts, Syracuse Company's accounting records showed the following balances: Retained earnings $ 16,800 Service revenue 21,750 Interest revenue 1,800 Salaries expense 12,300 Operating expense 3,450 Interest expense 900 Dividends 2,700 After closing the accounts, Syracuse's retained earnings balance would be
After closing the accounts, Syracuse Company's retained earnings balance would be $19,650.
To calculate the adjusted balance of retained earnings, we need to start with the beginning balance of retained earnings ($16,800) and add the net income or subtract the net loss for the period. In this case, we don't have information about the company's net income or net loss, but we do have information about revenue, expenses, and dividends.
To close the accounts, we need to debit each revenue account and credit retained earnings for the total amount of revenue earned during the period ($21,750 + $1,800 = $23,550). We also need to debit retained earnings and credit each expense account for the total amount of expenses incurred during the period ($12,300 + $3,450 + $900 = $16,650). Finally, we need to debit retained earnings and credit dividends for the total amount of dividends paid to shareholders during the period ($2,700).
Using these figures, we can calculate the adjusted balance of retained earnings as follows:
Beginning balance of retained earnings = $16,800
Add: Total revenue = $23,550
Subtract: Total expenses = $16,650
Subtract: Total dividends = $2,700
Adjusted balance of retained earnings = $19,650
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Use the present value formula to determine the amount to be invested now, or the present value needed. The desired accumulated amount is $120,000 after 5 years invested in an account with 4% interest compounded quarterly. The amount to be invested now, or the present value needed, is $ (Round to the nearest cent as needed.)
Given data:The desired accumulated amount is $120,000 Time is 5 years Interest rate is 4% compounded quarterly Formula used for Present value calculation:Present Value = A / (1 + r/n)^(n*t)Where A is the accumulated amount,r is the annual interest rate,n is the number of times the interest is compounded per year, and t is the number of years Let's solve the question using the above formula.Substitute the given values in the formula.P = 120,000/ (1 + 0.04/4)^(4*5)P = $ 98,108.57 Therefore, the amount to be invested now, or the present value needed is $ 98,108.57 (Round to the nearest cent as needed).
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Attempting to completely eliminate your anxiety about public speaking is counterproductive because?
Attempting to completely eliminate your anxiety about public speaking is counterproductive because Attempting to completely eliminate your anxiety about public speaking is counterproductive because
All the above are correct
Counterproductive work behavior (CWB) is employee behavior contrary to the legitimate interests of an organization. These actions can harm the organization or people within the organization, including employees, customers, customers, and patients.
Human-environment interactions (relationships between a person's psychological and physical capacities and the demands placed on them by his social and physical environment) are suggested to explain the effect. action.
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which is true of global capital markets? multiple choice interest rates on debt loans are lower in global capital markets than in domestic capital markets. the cost of capital in purely domestic markets is higher than in global markets. less developed nations typically have large domestic capital markets. global markets have a limited pool of investors as compared to domestic capital markets. global capital markets have limited liquidity as compared to domestic markets.
The statement which is true of global capital markets : interest rates on debt loans are lower in global capital markets than in domestic capital market.
What is global capital markets?Global Capital requests are a place where savings meet investment. In numerous cases, the form of capital is savings by private individualities. also, capital can come from pension finances, barricade finances and other interest seeking realities.
What's disadvantage of the global capital request?The cost of capital is more in a global request than a domestic request. A truly global request reduces the liquidity of investments. Foreign investments may be driven by academic overflows in the request.
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The person being interviewed is known as:
A. potential employee
B. employee
C. job applicant
D. interviewee
Answer:
D
Explanation:
Which of the following is the first step in the five-step chain reaction, as articulated by Deming, with regard to the philosophy underlying TQM?
a. Improvement in productivity
b. Increase in a company's profitability
c. Higher market share due to superior quality of products
d. Reduction of costs due to improved quality
e. Creation of more jobs
The first step in the five-step chain reaction, as articulated by Deming, with regard to the philosophy underlying Total Quality Management (TQM), then, the correct option is c. Higher market share due to superior quality of products.
Deming's five-step chain reaction emphasizes the importance of focusing on improving quality to achieve long-term success and growth for a company. According to Deming, by consistently providing superior quality products and services, a company can increase its market share.
This increased market share then leads to a variety of positive outcomes, including higher sales, increased profitability, improved productivity, cost reduction, and the creation of more jobs.
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1.1 Which statement best describes financial accounting …
A. Reports are prepared for managers and users inside the organisation
B. Provides a scorecard by which the past performance of a business is judged in
the form of financial statements which are used by stakeholders outside the
organisation
C. Conduct an official financial inspection of a company or its accounts
D. A and B only
E None of the above
Kaydee Young had an open-end lease for a station wagon for the senior center. The lease cost $239 per month for 48 months. She paid a deposit of $550, a title fee of $65, and a license fee of $120. At the end of the lease, she can buy the station wagon for its residual value of $8,860. a. What is the total lease cost? b. What is the total cost if she buys the car?
compare and contrast reference theory of meaning and idea theory of meaning
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
Solve the problem. round to the nearest cent. stan’s savings account has a balance of $2257. after 5 years, what will the amount of interest be at 10% compounded quarterly? a. $1432.36 c. $112.85 b. $1446.36 d. $1441.36
The addition of interest to the loan or deposit principle is known as compound interest. The amount of interest compounded at 10% weekly after 5 years is $1441.36.
Compound interest:
Compound interest, often known as interest on interest, is the practise of adding interest to the principle amount of a loan or deposit. This is what happens when money is reinvested rather than paid out, resulting in interest being paid on both the principle and interest already collected in the next quarter.
A=P(1+(r/n)^nt)
where A is the final sum.
P represents the primary sum.
The interest rate is r.
The number of interest charges made in a year is n.
The number of years is t.
Stan has a $2257 amount in his savings account. Consequently, following five years, the balance will be,
A=$2257(1+(0.1/4)(4*5))
= $2257(1.6386) (1.6386)
= $3698.36
Now, the interest rate will be,
Interest calculated as: $3698.36 - $2257
= $1441.36
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Which of the following skills are required to be an effective project manager?
Answer:
The most important skills of a project manager include communication, teamwork, time management, budgeting
Explanation:
Following are the characteristics of effective project manager
The communication skills of project manager should be effective in nature.
The project manager should have central leadership expertise.
The Project managers should have decision-making skills because the best decision makes the company in profit.
In a good project manager, his team members can express their goal really well.
The project manager tends to keep his peace of mind the whole time and is continuously focused so not to stop losing himself and potentially impact his team culture..
The project manager also takes care of time and submit the project in time.
The effective project manager also keeps in mind the budget before starting the project.
All the other options are not related to skills of effective project manager that's why they are incorrect option.
a small retailer has sales of $103,996 and cost of goods sold of $78,877. the firm had ending balances in accounts payable of $11,477, accounts receivable of $13,995, and inventory of $14,836. what is the length of the days' sales in inventory? assume a 365 day year.
The length of the days' sales in inventory is 4.2 days. Days of Inventory Sales (DSI) measures the average time it takes a company to convert inventory into sales revenue. To calculate DSI, you must first calculate cost of goods sold (COGS).
In this case, the COGS was $78,877. Next, we need to calculate the average inventory for the year. This is calculated by adding the closing inventory balance of $14,836 to the opening inventory balance and dividing by two. This brings the average inventory to $14,836. Finally, we can calculate the DSI by dividing the COGS by the average inventory and multiplying the result by 365 days. In this case the DSI is approximately 4.2 days. This means the company can convert inventory to sales in an average of 4.2 days.
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How many nickels make 30 cents?.
A nickel coin is equal to 5 cents. To make 30 cents, we need 6 nickels.
The nickel is the five-cent coin of the United States. Thomas Jefferson, our third president, is depicted on the obverse (heads) of the nickel. Although the current portrait is from 2006, he has been on the cent since 1938.
The United States Mint added a new portrait of Jefferson to the front of the nickel in 2005 to give the currency a more modern appearance. Joe Fitzgerald created the image. The Mint had designed two possible reverse sides of the coin, each with a distinct motif based on "a Westward Journey." One design portrayed the American bison, while the other depicted the Pacific Ocean, the expedition's ultimate aim.
A nickel = 5 cents.
It means that:
2 nickels = 2 x 5 cents = 10 cents
3 nickels = 3 x 5 cents = 15 cents
Therefore, to get 30 cents, we need: 30/5 = 6 nickels.
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6. (4 points) Let G be the graph with V(G) = {1, 2, 3, 4, 5} and E(G) = {(1, 2), (2, 3), (2, 4), (3, 4), (4, 5), (5, 1), (1, 4)}. Determine the number of colorings of G with m colors such that no two adjacent vertices have the same color. Show all your work.
There are 6 possible colorings of G with 3 colors such that no two adjacent vertices have the same color.
How to determine number of colorings?Given values:
V(G) = {1, 2, 3, 4, 5}
E(G) = {(1, 2), (2, 3), (2, 4), (3, 4), (4, 5), (5, 1), (1, 4)}
To determine the number of colorings of G with m colors such that no two adjacent vertices have the same color, use the following approach:
Color vertex 1 with any of the m colors.
Color vertex 2 with a color that is different from the color of vertex 1.
Color vertex 3 with a color that is different from the colors of vertices 1 and 2.
Continue coloring the remaining vertices, one at a time, with a color that is different from the colors of all the vertices that have already been colored.
The number of possible colorings is then given by the following formula:
Number of colorings = m × (m - 1) × (m - 2) × ... × (m - 4) = m! / (m - 5)!
In this case, m = 3, so the number of colorings is given by:
Number of colorings = 3! / (3 - 5)! = 6
Therefore, there are 6 possible colorings of G with 3 colors such that no two adjacent vertices have the same color.
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Starbuck’s calls it servers "baristas" and trains them to be cordial and to use their customer’s first name.
a. Product
b. Price
c. Promotion
d. People
e. Place
The correct answer is (d) People. In the context of the marketing mix, the way Starbucks trains its servers to be cordial and use customers' first names falls under the category of "People."
The People element of the marketing mix refers to the personnel involved in delivering the service and the interactions they have with customers. Starbucks recognizes the importance of creating a personalized and friendly experience for its customers. By training their servers to be cordial and use customers' first names, Starbucks aims to establish a warm and welcoming atmosphere. This approach is part of their strategy to build strong customer relationships and enhance customer satisfaction.
The use of the term "baristas" also reinforces the focus on people. Starbucks uses this unique job title to create a sense of expertise and specialization, emphasizing the skills and knowledge possessed by their employees. While other elements of the marketing mix, such as Product (offering a variety of beverages and food items), Place (strategic store locations), and Promotion (marketing campaigns and loyalty programs) are important for Starbucks, the emphasis on training servers as "baristas" and their interactions with customers primarily falls under the People aspect of the marketing mix.
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The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
If you were starting a new business describe at least three departments to the company that you would need right away why are these departments so important
Answer:
Explanation:
These departments are as follow:-
1) Admin
2) Administrative
3) HOD (Head Of Departments)
3. Question 3 Fill in the blank: Working for companies _____ means you'll work on a project-by-project basis, but not as a full-time employee.
Answer:
on a contract
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Any employee working for companies on a contract simply means or implies that, he or she work on a project-by-project basis rather than as a full-time employee.
For instance, a freelancer is someone who offers or provides his or her service to other employer of labor (business organization) without entering into a long-term contractual agreement.
outline 2 reasons for completing assigned tasks daily
In summary, it is important to complete your tasks because it helps you feel better, helps you identify what you should be working on and together that means you complete more tasks.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Peggy started work after graduation and started investing.
Why do you think Peggy would have decided to invest?
A. to keep her finances liquid for emergencies
B. to earn compound interest
C. to minimize the risk of losing money
D. to build on her retirement fund
E. to take out a student loan for further education
Answer:
c
Explanation:
what do we call computerized machine that allows Bank customers to perform transitions
Answer:
I think it is Automated teller machine
Answer:
Automatic Teller Machine (ATM)
Explanation:
also known as the automated banking machine, is a computerized telecommunicating device. Nowadays more people using ATM to withdrawing the money.
G and her spouse are both employed and salaries are their sole source of income. In the current year G’s employment income was $90,000 and her spouse’s was $97,000. They have two children ages 4 and 9. Child-care expenses for the year include the following: day care fees of $9,000 for the 4-year-old, after-school day care fees of $4,500 for the 9 year-old. What is the maximum amount that can be deducted from G’s income for tax purposes in the current year?
The maximum amount that can be deducted from G's income for tax purposes in the current year is $13,500.
1. To calculate the maximum amount that can be deducted, we need to consider the child-care expenses.
2. The day care fees for the 4-year-old child is $9,000 and the after-school day care fees for the 9-year-old child is $4,500.
3. Therefore, the total child-care expenses are $9,000 + $4,500 = $13,500.
4. Since child-care expenses are deductible for tax purposes, G can deduct the total child-care expenses of $13,500 from her income.
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Graff, Incorporated, has sales of $49,800, costs of $23,700, depreciation expense of $2,300, and interest expense of $1,800. If the tax rate is 22 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.) Operating cash flow $ 20,864 X
The operating cash flow is $20864.
The operating cash flow (OCF) for Graff, Incorporated can be calculated as follows:
1. Calculate net income:
Sales = $49,800
Costs = $23,700
Depreciation Expense = $2,300
Interest Expense = $1,800
Net Income = Sales - Costs - Depreciation Expense - Interest Expense = $49,800 - $23,700 - $2,300 - $1,800 = $22,000
2. Calculate the taxes:
Tax Rate = 22%
Taxes = Net Income * Tax Rate = $22,000 * 0.22 = $4,840
3. Calculate the operating cash flow:
Operating Cash Flow (OCF) = Net Income - Taxes = $22,000 - $4,840 = $20,864
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5. Consider a stock that will pay its first dividend of $1.50 in 6 years (D6). After that, the company will increase the dividend by 20% each year for 2 years. After that, the company will increase the dividend by 5% each year forever. The required return on the stock is 13%. What are stock price, DY, and CGY for the following years? a. This year b. Five years from now c. 10 years from now
A. The Stock price is $1.50, B. The Stock price ($1.50 * (1 + 0.2)^2) / (0.13 - 0.05) and C. the calculated stock prices from above, you can calculate the DY and CGY for each year accordingly.
To calculate the stock price, dividend yield (DY), and capital gains yield (CGY) for different years, we'll use the Dividend Discount Model (DDM) formula.
a. This year:
To calculate the stock price this year, we need to find the present value of all the future dividends. Since the first dividend of $1.50 will be paid in 6 years (D6), we need to discount it to its present value.
Using the DDM formula, the stock price this year can be calculated as:
Stock price = D6 / (1 + r)⁶
Where:
D6 = $1.50 (dividend to be paid in 6 years)
r = required return on the stock = 13% or 0.13 (as a decimal)
Substituting the values into the formula:
Stock price = $1.50 / (1 + 0.13)⁶
Calculating this gives us the stock price for this year.
b. Five years from now:
To calculate the stock price five years from now, we need to find the present value of all the future dividends that will be paid starting from the 5th year (D5).
Using the DDM formula, the stock price five years from now can be calculated as:
Stock price = (D5 * (1 + g)) / (r - g)
Where:
D5 = $1.50 * (1 + 0.2)² (dividend to be paid in 5 years)
g = growth rate of dividends after the 2nd year = 5% or 0.05 (as a decimal)
r = required return on the stock = 13% or 0.13 (as a decimal)
Substituting the values into the formula:
Stock price = ($1.50 * (1 + 0.2)^2) / (0.13 - 0.05)
Calculating this gives us the stock price five years from now.
c. Ten years from now:
To calculate the stock price ten years from now, we need to find the present value of all the future dividends that will be paid starting from the 10th year (D10).
Using the DDM formula, the stock price ten years from now can be calculated as:
Stock price = (D10 * (1 + g)) / (r - g)
Where:
D10 = $1.50 * (1 + 0.05)⁴ (dividend to be paid in 10 years)
g = growth rate of dividends after the 2nd year = 5% or 0.05 (as a decimal)
r = required return on the stock = 13% or 0.13 (as a decimal)
Substituting the values into the formula:
Stock price = ($1.50 * (1 + 0.05)⁴) / (0.13 - 0.05)
Calculating this gives us the stock price ten years from now.
To calculate the dividend yield (DY) and capital gains yield (CGY), we need to compare the dividend received in a particular year to the stock price in that year.
DY = Dividend / Stock price
CGY = (Stock price at the end of the year - Stock price at the beginning of the year) / Stock price at the beginning of the year
Using the calculated stock prices from above, you can calculate the DY and CGY for each year accordingly.
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