BUSINESS COLLEGE

How much would you need to deposit in an account now in order to have $3000 in the account in 15 years

Answers

Answer 1
Answer:

Answer:

Results are below.

Explanation:

Giving the following information:

Future value= $3,000

Number of periods= 15 years

I will assume an interest rate of 8% compounded annually.

To calculate the present value (PV), we need to use the following formula:

PV= FV/(1+i)^n

PV= 3,000/1.08^15

PV= $945.73

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Mary Beth Marrs, the manager of an apartment complex, feels overwhelmed by the number of complaints she is receiving. Below is the check sheet she has kept for the past 12 weeks. Develop a Pareto chart using this information. What recommendations would you make?

Answers

To Develop a Pareto chart using this information the recommendations would you make:

  • The Pareto chart makes a difference in us getting it where the need is to center on it.
  • The Pareto chart is based on the 80%-20% run of the show. The Pareto chart says that 20% of the arrangements offer assistance to resolve 80% of the issues.
  • So Mary Beth Marrs, the chief of the flat complex must center on issues such as the stopping part, the ground, and the pool, to conciliate most of the individuals and reduce the complaints.

Know more :

brainly.com/question/20647442?referrer=searchResults

The correct answer to this open question is the following.

Unfortunately, the question does not attach the check sheet with the needed information.

However, we can say that the Pareto chart helps us understand where the priority is to focus on it. The Pareto chart is based on the 80%-20% rule. The Pareto chart says that 20% of the solutions help resolve 80% of the issues.

So Mary Beth Marrs, the manager of the apartment complex must focus on issues such as the parking lot, the ground, and the pool, to appease most of the people and diminish the complaints.

44,000 shares of common stock outstanding at a market price of $32 a share. The common stock will pay a $1.50 annual dividend and has a dividend growth rate of 3.5 percent. There are 7,500 shares of 9% preferred stock outstanding at a market price of $92 a share. The outstanding bonds mature in 11 years, have a total face value of $825,000, a coupon rate of 6.5 percent, a face value per bond of $1,000, and a market price of $989 each. The tax rate is 35 percent. What is the weight of equity in to be use to calculate the firm's WACC?

Answers

Answer:

The weight of equity in to be use to calculate the firm's WACC is 0.48 or 48%

Explanation:

The weight of equity to be used in firm's WACC computation is market value of equity divided by the sum of market value of equity ,preferred stock and bonds.

Market value of equity=44,000*$32                   =$1,408,000.00  

Market value of preferred stock=7,500*$92      =$690,000

Market value of bonds=$825,000*$989/$1000=$815,925.00  

Sum of market values                                           =$ 2,913,925.00  

Weight of equity=market value of equity/Sum of market values=$1,408,000.00/$2,913,925.00= 0.48 =48%

Your client, Brooke, decides to start saving for her son's college tuition. Her son was born today and will go to college at age 18 for four years. Brooke wants to save until her son's first year of college. Given the following information, what is the present value of the total amount that Brooke needs to have saved at the beginning of her son's first year of college? Current tuition: $15,000 Tuition inflation: 6.5% Brooke's investment return: 10%

Answers

Answer:

The present value of the total amount that Brooke needs to have saved at the beginning of her son's first year of college is 31.959,13

Explanation:

Tuition Fees after inflation at

Year 18 = 15000* ( 1+6.5%)18 = 46599.8157

Year 19 = 15000* ( 1+6.5%)19 = 49628.8037

Year 20 = 15000* ( 1+6.5%)20 =  52854.6759

Year 21 = 15000* ( 1+6.5%)21 =  56290.2299

Since discount rate = 10%

So discount factor = 1+r = 1+10% = 1.1

Since fees are paid at beginning of period hence

Present Value of Fees = Fees (year 18)/1.1^18 +Fees at Year 19/1.1^19 +Fees at Year 20/1.1^20 + Fees at year 21/1.1^21 = 46599.8157/1.1^18 +  49628.8037/1.1^19 +  52854.6759/1,1^20 + 56290.2299^21 = 31959.13

Research shows that projects dedicated to information security policies fail due to eight common perceived missteps. Which of the following is not one of the missteps?
a. Unclear purpose: This refers to the clarity of value the project brings.b. Doubt: This refers to the need for change; it is necessary to explain why what is in place today is not good enough.c. Lack of organizational incentives: This refers to the inability to motivate behaviorsd. Lack of complexity: This refers to an oversimplication of policies that sacrifices depth and nuance.

Answers

Answer:

d. Lack of complexity: This refers to an oversimplication of policies that sacrifices depth and nuance.

Explanation:

Projects dedicated to information security policy are improved by lack of complexity . When the process for project execution is simplified, it is easy to understand and execute the various project stages, making processes more efficient. Simplification is a valuable tool businesses are using more and more to reduce wastage and increase returns.

On the other hand complexity in a project makes it hard to understand, and easier to make time-wasting mistakes.

Mickley Company’s plantwide predetermined overhead rate is $20.00 per direct labor-hour and its direct labor wage rate is $15.00 per hour. The following information pertains to Job A-500: Direct materials $ 280 Direct labor $ 150 Required: 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 70 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.)

Answers

Answer and Explanation:

The computation is shown below;

1.

Total hours for job A - 500

= Direct labor ÷direct labor wage rate

= $150 ÷ $15

= 10

Total over head cost = overhead cost per labor hours × no. of labor hours

= $20 × 10

= $200

total manufacturing cost = Direct materials cost + Direct labor cost + Total over head cost

= $280 + $150 + $200

= $630

2.  

Cost assigned to each unit

= total manufacturing cost ÷  number of units

= $630 ÷ 70

= $9

This year Barney purchased 500 shares of Bell common stock for $20 per share. At year-end the Bell shares were only worth $2 per share. What amount can Barney deduct as a loss this year

Answers

Answer:

Barney is not entitled to a loss deduction.

Explanation:

Barney is not qualified for a loss deduction. Barney cannot have any realization because the stock has not been sold or become worthless. If Barney's stock becomes worthless then generally he may deduct its tax basis in the stock as a worthless stock loss for the year in which the stock becomes worthless.
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