Bill wants to attend a college with a current tuition of $10,000 a year. He will graduate from high school in five years. Roughly how much will Bill need to save for one-year’s tuition to account for an annual rate of inflation of 3%? $638.30 $667.50 $656.50 $633.30

Answers

Answer 1

Answer:

$1,592.74

Explanation:

The computation is shown below;

The future value be

= Present value × (1 + rate of interest)^time period

= $10,000 × (1 + 0.03)^5

= $10,000 × 1.159274074

= $11,592.74

Now the more amount would be

= $11,592.74  - $10,000

= $1,592.74

This is the answer but the same is not provided in the given options

Hence, the more amount is $1,592.74

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Answer 2

Answer:

A. $11,590.00

Explanation:


Related Questions

Daily Enterprises is purchasing a $10.0 million machine. It will cost $50,000 to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. If Daily uses straight-line depreciation, what are the depreciation expenses associated with this machine?

Answers

Answer:

the depreciation expenses associated with this machine is $2,010,000

Explanation:

The computation of the depreciation expense under straight-line method is shown below:

= (Cost - salvage value) ÷ (estimated useful life)

= ($10,000,000 + $50,000 - $0) ÷ ( 5 years)

= ($10,050,000)   ÷ ( 5 years)

= $2,010,000

Hence, the depreciation expenses associated with this machine is $2,010,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

A disadvantage of bond financing is: Multiple Choice Bonds pay periodic interest and the repayment of par value at maturity. It allows firms to trade on the equity. Bonds do not affect owners' control. Interest on bonds is tax deductible. Bonds can increase return on equity.

Answers

Answer:

Bonds pay periodic interest and the repayment of par value at maturity.

Explanation:

The main disadvantages that businesses face when issuing bonds are:

bonds pay coupons either semiannually or annually, and the company needs to have the money to pay thembonds increase the risk of insolvency, AKA bankruptcy, which increases the cost of equitysince bonds require interest payments (coupons), they can potentially decrease return on equity

scientific management.

management by objectives (MBO).

the program evaluation and review technique (PERT).

programmed management.

Answers

Answer:

im bored soo hi

Explanation:

An important similarity between a monopolistically competitive firm and a purely competitive firm is that:_________-a. realize an economic profit in the long run.b. achieve allocative efficiency.c. face demand curves that are less than perfectly elastic.d. achieve productive efficiency.

Answers

Answer:

a. realize an economic profit in the long run.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. Thus, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

Hence, one of the ways in which some monopolistic competitors try to become more like monopolists is through the use of designer labels.

This ultimately implies that, when there are barriers to entry it may result in monopolistic competition among the sellers of goods having no close substitutes. These barriers consist of economies of scale, network externalities, copyright law, trademark, patent, governmental policies etc.

In a purely competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Hence, a purely competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

An important similarity between a monopolistically competitive firm and a purely competitive firm is that realize an economic profit in the long run and these profits tends toward zero as both firms continue in the market.


__ involves having a variety of investments in your __

Answers

Answer

Diverting, and Savings

Explanation:

That dummy said say hey. Like that's the answer what a loser. I hope this is right sorry if its wrong that's what i got.

Answer:

Diverting involves having a variety of investments in your savings.

Explanation:

What are the portfolio weights for a portfolio that has 145 shares of Stock A that sell for $47 per share and 130 shares of Stock B that sell for $86 per share?

Answers

Answer:

Stock A = 0.3787

Stock B= 0.6212

Explanation:

The first step is to calculate the total value

= 145(47) + 130(86)

= 6,815 + 11,180

= $17,995

Therefore the portfolio weights of each stock can be calculated as follows

Stock A = 145(47)/17,995

= 6815/17,995

= 0.3787

Stock B = 130(86)/17,995

= 11,180/17,995

= 0.6212

What term is used to refer to the probability that an accounting error or irregularity is detected and reported?

Answers

Answer:

Audit quality

Explanation:

The audit quality represents the important elements that increased the quality audits done by the auditor in consistent way. Here the responsibility of performing the quality audit is of the auditor as he or she is fully responsible to do the audits of various firms. The main motive of this audit is to be identify the error or irregularity of a firm.

Therefore the given situation represents the audit quality

A company is 49% financed by risk-free debt. The interest rate is 8%, the expected market risk premium is 6%, and the beta of the company’s common stock is .59. a. What is the company cost of capital? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Cost of capital

Answers

Answer: 9.81%

Explanation:

Cost of capital = (cost of debt * weight of debt) + ( cost of equity * weight of equity)

Cost of Equity = Risk free rate + beta * Market risk premium

= 8% + 0.59 * 6%

= 11.54%

Cost of capital = (8% * 49%) + (11.54% * 51%)

= 9.81%

In 2005, Skype, a company for making internet phone calls, was purchased by eBay for $2.6B. This is an example of a(n):_______

a. hostile takeover.
b. merger.
c. partnership
d. acquisition

Answers

Answer:

d. acquisition

Explanation:

Acquisition can be defined as the process in which a company or business firm purchases all of another company so as to build on its weaknesses or strengths.

This ultimately implies that, after the acquisition of a company's shares or all of the company, the acquiring (purchasing) company gains a total control of the acquired company and as a result it is saddled with the responsibility of controlling, maintaining, managing and financing of the company.

In 2005, Skype, a company for making internet phone calls, was purchased by eBay for $2.6B. This is an example of an acquisition.

Critically examine the maximax criteria for decision making under uncertainty
         ​

Answers

Explanation:

A decision under uncertainty is when there are many unknowns and no possibility of knowing what could occur in the future to alter the outcome of a decision.

Wexim Toys sold merchandise to a customer on credit, terms 2/10, n/30 for $11,700. Three days later, the customer returned $2,300 of the merchandise. When recording the return transaction, Wexim Toys would record:__________
a) $2,300 in the Accounts Payable Cr. column and $2,300 in the Inventory Dr. column of the purchases journal. b) Debit Sales Returns and Allowances $2,300 and credit Accounts Receivable $2,300 in the general journal. c) $2,300 in the Cash Dr. column and $2,300 in the Inventory Cr. column in the cash receipts journal. d) Debit Cash $2,300 and credit Inventory $2,300 in the general journal. e) $2,300 in the Accounts Payable Dr. column and $2,300 in the Cash Cr. column of the cash payments journal.

Answers

Answer:

b) Debit Sales Returns and Allowances $2,300 and credit Accounts Receivable $2,300 in the general journal.

Explanation:

When goods were sold on account,  Accounts receivables is debited, and  Sales is credited.  When goods are returned,  Sales Return & Allowances is debited, and  Accounts receivables is credited.

Thus, the entry will include Debit in Sales Returns and Allowances $2,300 and Credit  in Accounts Receivable $2,300

Estelle has 30 years of experience in your field and has answered your questions giving you advice and help you make contacts she is your a mentor b notary C referral D coach

Answers

Answer:

mentor

Explanation:

A mentor is an experienced person or friend who offers guidance to a less experienced in their field of expertise. The mentor instills practical skills and helps establish their mentee's career. A mentor's work involves building confidence, modeling positive behavior, and connecting their mentee to useful contacts.  A mentor has to be dependable and show commitment to the needs of their mentee.

Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash Flow A Cash Flow B 0 –$ 64,000 –$ 109,000 1 26,500 28,500 2 34,400 33,500 3 28,500 25,500 4 14,500 231,000 What is the payback period for each project?

Answers

Answer:

Stenson, Inc.

The payback period for each project is:

Project A = 3 years

Project B = 4 years

Explanation:

a) Data and Calculations:

Year            Cash Flow A        Cash Flow B

0                  –$ 64,000           –$ 109,000

1                        26,500                  28,500

2                       34,400                   33,500

3                       28,500                  25,500

4                        14,500                 231,000

Total inflow  $103,900               $318,500

b) The payback period is the time when the cash outflow is recouped.  For project A, the payback period occurs in year 3.  For project B, the payback period occurs in year 4.  Based on the company's cutoff of three years, Project B may not be accepted even with its large cash inflow in year 4.  Therefore, the best decision will be to discount the cash inflows with a suitable rate of interest.  This will help Stenson, Inc. to decide between accepting Project A or Project B.

Question 16 of 20
Frank just met with his marketing team to create his billboard sign. So far, he
knows the billboard will have a catchy slogan, a brief description about the
company and what makes them different, and information directing
customers to visit his website. What element of an effective advertisement is
Frank's billboard missing?
A. Unique selling proposition
B. Call to action
C. Appropriate information
O D. Exciting graphics and color

Answers

Answer:

b. call to action

Explanation:

An element of an effective advertisement is Frank's billboard missing is Call to action. Thus the correct option is B.

What is advertisment?

An advertisement is referred tool of promotion to create awareness of any product among customers and persuade them to make a purchase which helps in the sales of the product.

In this paragraph, it is described that Billboards have a catchy slogan that gets successful gets the attention of the customer, and influences them to make a visit to their website.

The element of effective advertising which the billboard is missing is a call to action that encourages customers to take action of buying. Here Billboards is unable to tell a story to engage customers so that they will not turn their actions of buying.

Therefore, option B is appropriate.

Learn more about Advertisement, here:

https://brainly.com/question/3163475

#SPJ5

A firm's current profits are $650,000. These profits are expected to grow indefinitely at a constant annual rate of 5 percent. If the firm's opportunity cost of funds is 7 percent, determine the value of the firm:

Answers

Answer:

a. Value before dividends are paid out;

= Current Profits * ( 1 + opportunity cost of funds) / ( Opportunity cost - growth rate)

= 650,000 * ( 1 + 0.07) / 0.07 - 0.05)

= $34,775,000

= $34.775 million

b. Value after dividends

= Current Profits * ( 1 + growth rate) / ( Opportunity cost - growth rate)

= 650,000 * ( 1 + 0.05) / 0.07 - 0.05)

= $34,125,000

= $34.125 million

If Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, she has a(n) ___________ in producing corn.

a. increasing advantage
b. comparative advantage
c. absolute advnatage

Answers

Answer:

b. comparative advantage

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

For example, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.

In this scenario, Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, therefore, she has a comparative advantage in producing corn.

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

Hence, the comparative advantage gives an individual or country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

A corporation has issued 25,000 shares of $100 par common stock and holds 3,000 of these shares as treasury stock. If the corporation declares a $2 per share cash dividend, what amount will be recorded as cash dividends?

a. $22,000
b. $25,000
c. $44,000
d. $50,000

Answers

Answer:

c. $44,000

Explanation:

Calculation for the amount that will be recorded as cash dividends

Cash Dividend=(25,000 shares- 3,000 Treasury stock) * $2 per share

Cash Dividend=22,000*$2 per share

Cash Dividend=$44,000

Therefore the amount that will be recorded as cash dividends is $44,000

A college education fund is to be accumulated by twenty level semi-annual deposits, the first due on Jan. 1, 2011. The fund is to provide sixteen quarterly withdrawals of $1000 each, the first due on Oct 1, 2020. The nominal annual rate of interest is 10% convertible semi-annually. What is the amount of each deposit?

Answers

Answer:

$395.74

Explanation:

the college fund requires 20 equal semiannual payments starting January 1, 2011 and the last one should be made on July 1, 2020.

first we must determine the effective rate of the fund:

effective rate = (1 + 10%/2)² - 1 = 10.25%

now we must determine the quarterly rate:

quarterly rate = (1 + r)¹/⁴ - 1 = 2.47%

the present value of the annuity:

PV = distribution x annuity factor

distribution = $1,000PV annuity factor, 2.47%, 16 periods = 13.08553

PV = $1,000 x 13.08553 = $13,085.53

that means that by July 1, 2020, you need to have $13,085.53 in your college fund

FV of an annuity = contribution x annuity factor

FV = $13,085.53FV annuity factor, 5%, 20 periods = 33.066

contribution = FV / annuity factor = $13,085.53 / 33.066 = $395.74

Redan, Inc., is expected to maintain a constant 5.75 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 4.25 percent, what is the required return on the company’s stock?

Answers

Answer:

the Required return on the company stock is 10.00%

Explanation:

The computation of the required return on the company stock is shown below;

The Required return on the company stock is

= Dividend yield + Capital gains yield

= 4.25% + 5.75%

= 10.00%

Hence, the Required return on the company stock is 10.00%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Founder Chip Conley says it’s not money, but the "other stuff," known as _______, that keeps employees happy.

Answers

Answer: e. nonfinancial rewards

Explanation:

Money is not all that it takes to make employees happy because studies have shown that employees require a mix of both financial rewards as well as other types of rewards to keep them happy and motivated.

These other rewards are called Non-financial rewards and as already mentioned, do not involve money but can go a long way in keeping employees satisfied. Some examples are: interest in employee growth by leaders and offering employees the opportunity to lead projects.

Which are Career and Technical Student Organizations? (Check all that apply.)
Business Professionals of America
American Association of School Administrators
American Chemical Society
UDECA
Future Business Leaders of America
FFA
Skills USA
FCCLA
Will give brainliest! 50 points!!!

Answers

Answer:

Answer:

Business Professionals of America

American Association of School Administrators

DECA

Future Business Leaders of America

Explanation:

Hope it helps your question!

Answer:

A,B,D,E

Explanation:

In this exercise, you practiced making associations where there often is none. The most effective times to use his type of “stretching” your mental muscles are _______ creative activities.
A.
Before and after
B.
During and after
C.
Before and during
D.
None of the above

Answers

A. Before and after

Williamson, Inc. has a debt-equity ration of 2.5. The firm’s weighted average cost of capital is 10% and its pre-tax cost of debt is 6%. Williamson faces a corporate tax rate of 35%. 1. What is Williamson’s cost of equity capital? 2. What is Williamson’s unlevered cost of equity capital? 3. What would Williamson’s WACC be if the firm’s debt-equity ratio were 0.75? What is it were 1.5?

Answers

Cost of Equity Capital = 25.25%, Cost of Unlevered Equity = 13.33%, WACC = 11.33%, 10.26%.

Given Information

The Debt Equity Ratio is 2.5

The Weight of debt is 2.5/3.5

The Weight of Equity is 1/3.5.

1.  Calculation of Williamson’s cost of equity capital

WACC = (Weight of Equity*Cost of Equity) + (Weight of Debt*Cost of Debt*(1-Tax Rate))

10% = (1/3.5 * Cost of Equity Capital)+ (2.5/3.5 *6% * (1-35%))

(10% - (2.5/3.5*6%*(1-35%))= (1/3.5 * Cost of Equity Capital)

(10% - (2.5/3.5*6%*(1-35%)) *3.5 = Cost of Equity Capital

(0.10 - 0.02785714285)*2.5 = Cost of Equity Capital

0.25250000002 = Cost of Equity Capital

Cost of Equity Capital = 25.25%

2. Calculation of Williamson’s Cost of Levered Equity Capital

Cost of Levered Equity Capital = (Cost of Unlevered Equity Capital + Debt(1-Tax Rate) /Equity) * (Cost of Unlevered Equity Capital-Cost of Debt)

25.25% = Cost of Unlevered Equity Capital + 2.5*(1-35%)*(Cost of Unlevered Equity Capital - 6%)

Cost of Unlevered equity * (1+2.5*0.65) = (25.25%+2.5*0.65*6%)

Cost of Unlevered Equity = (25.25%+2.5*0.65*6%) / (1+2.5*0.65)

Cost of Unlevered Equity = 0.35 / 2.625

Cost of Unlevered Equity = 0.13333333333

Cost of Unlevered Equity = 13.3333%

3. Calculation of Williamson’s WACC

a. At debt Equity ratio of 0.75:

Cost of Levered Equity Capital = Cost of Unlevered Equity Capital+Debt*(1-Tax Rate)/Equity*(Cost of Unlevered Equity Capital-Cost of Debt)

Cost of Levered Equity Capital = 13.3333% + (13.3333%-6%)*0.75*(1-35%)

Cost of Levered Equity Capital =16.9083%

WACC = Weight of Equity*Cost of Equity+Weight of Debt*Cost of Debt*(1-Tax Rate)

WACC = 1/(0.75+1)*16.9083%+0.75/(1+0.75)*6%*(1-35%)

WACC = 11.33%

b. At debt Equity ratio of 1.50:

Cost of Levered Equity Capital =Cost of Unlevered Equity Capital+Debt*(1-Tax Rate)/Equity*(Cost of Unlevered Equity Capital - Cost of Debt)

Cost of Levered Equity = 13.3333% + (13.3333%-6%)*1.50*(1-35%)

Cost of Levered Equity = 18.5333%

WACC = Weight of Equity*Cost of Equity+Weight of Debt*Cost of Debt*(1-Tax Rate)

WACC = 1/(1+1.30)*18.5333%+1.30/(1+1.30)*6%*(1-35%)

WACC = 10.26%

See similar solution here

brainly.com/question/14284857

The degree of general importance that working has in the life of an individual at any given point in time is called ________.

a. intrinsic motivation
b. extrinsic motivation
c. self-actualization
d. work centrality

Answers

Answer: Work centrality

Explanation:

The degree of general importance that working has in the life of an individual at any given point in time is called work centrality.

Work centrality has to do with how work plays a vital role in the lives of individuals. It is believed that work is important as it helps one meet the financial obligations through the revenue earned while working and other important things.

Answer:

 work centrality  

Explanation:

100 PIONTS PLZ Answer
Discuss how the marketing mix affects your daily life. How might you use what you know about marketing in your career?

Answers

That seems like a personal question. How does marketing mix AFFECT YOUR daily life.
So I’ll just explain what it is and see if it affects you

With the help of marketing, people become more informed about different opportunities and novelties. It helps us to figure out what and where we can buy something. Also, with marketing people gain the opportunity to choose from a huge variety of products. Almost everyone can decide what exactly he/she want to buy. Marketing communications can have a noticeable impact for people and Marketing affects all aspects of our life and has a great impact on consumer behavior.

Answer:

With the help of marketing, people become more informed about different opportunities and novelties. It helps us to figure out what and where we can buy something. Also, with marketing people gain the opportunity to choose from a huge variety of products. Almost everyone can decide what exactly he/she want to buy. Marketing communications can have a noticeable impact for people and Marketing affects all aspects of our life and has a great impact on consumer behavior.

Explanation:

Teacher gave me 100 for answer

When resistance to change is based on insufficient, incorrect, or mis-leading information, managers should use ____ as an approach to manage resistance.A. Participation.B. Change manipulation.C. Education and communication.D. Negotiation.E. Coercion.

Answers

Answer:

C. Education and communication.

Explanation:

Since in the question it is mentioned that the resistance to change depend upon the non-sufficient, not correct or the information that misleads so here the managers should use the education & communication for managing the resistance as the given situation represent the education and communication scenario.

Therefore the same is to be considered

hence, the correct option is B.

when did among us come out?

2017
2018
2016
2015

Answers

Answer:

2018

Explanation:

smarts i have been playing it science the begining

Answer:

2018!?

Explanation:

If the slope of the indifference curve between goods X and Y is steeper than the slope of the budget line, and X is on the horizontal axis:_______.a. MRS = −PX/PY.b. the consumer is willing to give up more of good X to get an additional unit of good Y than is necessary under the current market prices.c. the consumer is willing to give up more of good Y to get an additional unit of good X than is necessary under the current market prices.d. MRS > PX/PY.

Answers

Answer:

c. the consumer is willing to give up more of good Y to get an additional unit of good X than is necessary under the current market prices.

Explanation:

The slope of an indifference curve measures the marginal rate of substitution, or basically how much of good Y you are willing to give up in order to consume more of good X. While the slope of the budget line is basically the relationship between the price of good Y over the price of good X.

When the slope of the indifference curve is steeper, you are willing to consume more of good X and less of good Y.

A margin account has a market value of $24,000 and a debit balance of $20,000. The maintenance call will be for

Answers

Answer:

The maintenance call will be for:

$20,000.

Explanation:

Operating a margin account means that the investor is permitted by her brokerage firm to buy securities with borrowed funds (or the broker's funds).  The maintenance call is the requirement made on the investor with this margin account (by her broker) to raise additional funds to ensure that the margin account is fully funded when it has reduced in value.  The investor with the above margin account is supposed to have a credit balance (equity) of $24,000.

A company reported the following information for its most recent year of operation: purchases, $114,000; beginning inventory, $27,000; and cost of goods sold, $124,000. How much was the company's ending inventory?

Answers

Answer:

ending finished inventory= $17,000

Explanation:

Giving the following information:

purchases, $114,000

beginning inventory, $27,000

cost of goods sold $124,000.

To calculate the ending inventory, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

124,000 = 27,000 + 114,000 - ending finished inventory

ending finished inventory= 141,000 - 124,000

ending finished inventory= $17,000

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