You would have approximately $129,687.05 in the retirement account at the age of 65 if your parents invested $3,000.
to calculate the future value of the investment, we can use the formula for compound interest:
fv = pv * (1 + r)ⁿ
where:
fv = future value of the investment
pv = present value (initial investment)
r = annual interest rate (in decimal form)
n = number of compounding periods
pv = $3,000.00
r = 10% per year (0.10 as a decimal)
n = 65 years (assuming you are currently born and want to calculate until the age of 65)
plugging in the values into the formula:
fv = $3,000.00 * (1 + 0.10)⁶⁵
calculating this equation will give us the future value of the investment at the age of 65.
fv = $3,000.00 * (1.10)⁶⁵
fv ≈ $129,687.05 00 with an average annual interest rate of 10%.
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each department in a department store is usually treated as a different _____ center and central management sets broad policies about the types of merchandise carried and prices.
Typically, each department in a department store is viewed as a separate profit centre, and central management establishes broad standards regarding the kinds of goods sold merchandise and their prices.
Any activity that makes it easier to sell products to a retail customer is referred to as merchandising. In a retail setting, merchandise is the process of artistically exhibiting objects for sale in order to persuade people to buy additional items or products. Visual display merchandising is a term used in the retail sector to describe the selling of goods through product selection, design, pricing, packaging, and display that encourages customers to spend more. Along with regulations and discounts, product displays, and physical presentations, it also involves decisions about which products to present to which clients at what times. Creatively tying in complementary items or accessories is frequently a wonderful strategy to get customers to spend more in a retail scenario.
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Which of the following contracts is covered by Article 2 of the Uniform Commercial Code? a. The sale of a house. b. The sale of a new car. c. An employment agreement.
d. A sale of automobile insurance.
Out of the given options, the sale of a new car is covered by Article 2 of the Uniform Commercial Code (UCC). Article 2 deals with the sale of goods, which are defined as tangible personal property.
A house is considered real property and falls under different laws and regulations. An employment agreement is also not covered by Article 2 as it is a service contract and not a sale of goods. Similarly, the sale of automobile insurance is a contract for a service and not a sale of goods.
The UCC has specific provisions for the sale of goods, including the formation of contracts, delivery of goods, warranties, and remedies for breach of contract. It provides a uniform legal framework for businesses engaged in the sale of goods, ensuring consistency and predictability in commercial transactions. It is essential for businesses engaged in the sale of goods to be familiar with the UCC to protect their interests and avoid legal disputes.
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In the Month of March, Baldwin received orders of 156 units at a price of $15.00 for their product Bolt, and in April receives an order for 39 units of their product Bolt at $15.00. Baldwin uses the accrual method of accounting and offers 30-day credit terms. Baldwin delivers 0 units in March, 156 units in April and 39 units in May. They received payment for 156 units in April and payment for 39 units in May.
Required:
How much revenue is recognized on the March income statement from this order?
In a free market economy, the market, not the
determines prices. The interactions of
and
determine the price in the market?
Answer: 1. government , 2. consumers , 3. producers
Explanation: edmentum / plato
Question 20 (1.42 points) Which statement best describes an Institutional Review Board (IRB)?
O Subjects are told what the purposes of the study are, what participation in the study involves, what risks (if any) are involved in participating, and what the person can expect to receive in return for participation.
O Subjects must be told the true purpose of the study and the reason for the deception.
O Personal information will not be shared with anyone outside the immediate research group and any results from the research will not identify any of the participants by name.
O They usually comprise people who have research experience themselves and therefore have experience that enables them to judge whether the research being proposed follows reasonable ethical guidelines.
B Question 21 (1.42 points) Which is an example of a negative correlation?
O exercise and physical health
O study time and grades
O exposure to sunlight and plant growth
O gas prices and the rate of driving
The correct answer is exercise and physical health is an example of a negative correlation.
After a certain point, exercising excessively might be bad for your health and inhibit your progress, particularly if your exercises are scheduled closely together. OTS can impair your level of fitness, have a detrimental impact on your performance, and result in injuries. Physical activity may strengthen your bones and muscles, help you maintain a healthy weight, increase your ability to carry out daily tasks, and improve your cognitive health. Adults who spend less time sitting and engage in any level of moderate-to-vigorous exercise reap some health advantages. The three basic forms of exercise are aerobic, muscle-building, and bone-building. Exercises involving flexibility and balance are also advantageous. Your heart and lungs will benefit most from aerobic exercise.
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sean, a market manager at pebble deco inc., asks his subordinate, natalie, to work on a high-priority marketing campaign for the next quarter. she is hesitant to take up the assignment but is unable to refuse because of sean's position and authority. in this scenario, sean is most likely using
In the given scenario, Sean is most likely using coercion to make Natalie work on a high-priority marketing campaign for the next quarter. Coercion refers to the act of compelling someone to do something by using force or threats of force.
Coercion is a method of persuading someone to act or think in a particular way. Coercion entails using threats, physical force, or other methods of intimidation to get someone to do something against their will. Coercion is commonly associated with threats of harm, punishment, or negative consequences in some way.A market manager at Pebble Deco Inc., Sean, asked his subordinate, Natalie, to work on a high-priority marketing campaign for the next quarter. She is hesitant to take up the assignment, but she is unable to refuse because of Sean's position and authority.
As a result, Sean is exerting coercion on Natalie, and she has to work on the project despite her reluctance. Coercion is considered an unethical and unacceptable method of persuading people to do something against their will. It can be used to take advantage of someone's vulnerability and manipulate them into doing something they don't want to do. As a result, coercive tactics should be avoided in any work environment as they create a negative atmosphere and impede productivity.
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10. A plan of action or policy designed to achieve a major or overall aim.
A strategy is a plan of action or policy designed to achieve a major or overall aim. It involves setting goals, identifying resources, and determining the steps needed to reach the desired outcome.
The strategy may involve multiple tactics or approaches, but the overall focus is on achieving a specific goal or objective. A strategy is a key tool used in business, government, and other organizations to achieve their goals and objectives. It allows for a structured approach to problem-solving and decision-making, ensuring that resources are used effectively and efficiently. Developing a strong strategy requires careful analysis of the situation, understanding of the desired outcome, and consideration of potential obstacles or challenges.
Strategies are typically developed in response to specific challenges or opportunities and are used to guide decision-making processes.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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True or false. Your employer is responsible to make contributions, on your behalf, to the federal insurance contributions
Answer:
yes it is true
I HOPE THIS HELPS
TAKE CARE
Explanation:
What are the 4 concept for entrepreneurial perspective?
The four key concepts in entrepreneurial perspective are opportunity recognition, resource acquisition, risk management, and innovation.
Opportunity recognition refers to the ability to identify and capitalize on business opportunities in the market. Resource acquisition involves obtaining and managing the necessary resources, such as finances, personnel, and equipment, to support the business.
Risk management involves anticipating and mitigating potential risks associated with the business. Innovation refers to the ability to create and implement new and improved products, services, or business models that meet the needs of the market.
Entrepreneurs who excel in these four areas are better positioned to launch and grow successful businesses. They are able to identify viable business opportunities, acquire the necessary resources to pursue those opportunities, manage risks effectively, and innovate to stay ahead of the competition.
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Which group of people has the highest unemployment in South Africa.
Answer:
youth...I hope its helpful
On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease terms, Carlos pays 18 months’ rent ($18,000) in advance on December 1. How much can Carlos deduct for rent in 2021?
a. $12,000
b. $18,000
c. $1,000
d. $13,000
The amount that Carlos can deduct for rent in the year 2021, based on his annual rent is c.$1,000.
Rent in 2021When recording rent, you can only record it for the period that the financial statement is for.
The rent given is for 18 months from December 2021 which means that it will be for only a single month in December.
The rent will therefore be a rental amount for a month:
= Rental amount / Number of months
= $18,000 / 18
= $1,000
In conclusion, option C is correct.
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salesperson: bob, we would like to do business with you. how about giving us a chance to show what we can do for you? let's get your first order written up. this is an example of what type of close?
Answer: This is an example of an Assumptive Close.
What is an Assumptive Close? Assumptive close (also referred to as presumptive close) is a closing technique that uses questions to imply that your customer is going to make a purchase. Meaning thereby, instead of asking "If they would like to buy" you instead ask "how would they like to buy". In this closing technique, the salesperson assumes that the customer is ready to make a purchase and moves forward with finalizing the sale by suggesting to write up the first order.
It is an effective sales closing technique because it can help you sign contract more quickly, unlike other closing techniques. It can also be used in combination with other closing techniques.
What are closing techniques? It is a method to encourage prospective clients to convert into customers. It involves process of closing the deals successfully.
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Calculating addition to retained earnings Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATAREVIEW VIEW Sign In Ob Calibri u- h4. 2.A. Cells Editing Paste ·▲▼ Alignment Number Conditional Format as Cell Num FormattingTabl Styles- Clipboard r Font Styles U18 A B Cash dividends $ 95,000 13 14 15 16 17 18 19 20 21 Complete the following analysis. Do not hard code values in your calculations Income Statement Sales Costs Depreciation expense EBIT Interest expense EBT Taxes (21 % Net income 23 24 25 26 27 28 29 30 31 32 Addition to retained earnings
The addition to retained earnings is $209,150.
How to calculate retained earnings?Retained earnings is a cumulative the income or profit in corporation after distributing the dividend, or in other word the retained earning is the profit in corporation which are not distributed as dividends.
So, basically to calculate retained earnings we only need subtract the net income by dividend. But, we need to calculate the net income first which is can be done by subtract the sales by all expenses.
Net income = sales - costs - depreciation expenses - interest expenses - tax
Net income = $817,000 - $343,000 - $51,000 - $38,000 - tax
Net income = $385,000 - tax
Since tax is 21%, so the value of tax is $385,000 * 21% = $80,850.
Net income = $385,000 - $80,850
Net income = $304,150
Then, we can calculate the retained earnings.
Retained earnings = net income - dividend
= $304,150 - $95,000
= $209,150
To completion the table, see the attached image.
You question is incomplete, but most probably your full question was
(image attached)
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Jamie is a purchasing agent for a company that manufactures shoes. She
has just submitted a purchase order to a supplier for more leather. Which
step of the purchasing process comes next?
A. Quality check
B. Requisition
C. Bid soliciting
O D. Shipping
Answer:
D. Shipping
Explanation:
Shipping refers to the activity of physically moving goods from one location to another. The goods could be moving from one store to another, from manufacturers to distributors, or from retailers to customers. Shipping is 'carrying goods' and hence a component of logistics.
After Jamie has prepared a submitted a purchase order, the next thing is to wait to receive the goods she ordered. Her supplier should ship the goods to her. The supplier can deliver the goods by themselves or use a logistics company.
if the mean is 32 and the median is 40 what would be value of mode
Answer:
Step-by-step po:
3 Median = Mode + 2 Mean
Given: Mean = 30 / Mode = 40
Now: 3 Median = Mode + 2 Mean
=> 3 Median = 40 + 2 (30)
=> 3 Median = 40 + 60
=> 3 Median = 100
=> Median = 100/3
=> Median = 33.3
Explanation:
Example of hypothesis proposal: My hypothesis is that as a
country’s population increases its unemployment also increases. I
think these two variables are related this way because if there are
more
People in a country, there is a larger labor force, which can lead to increased competition for available jobs. This increased competition can result in higher unemployment rates.
Unemployment refers to the state of being without a job or work, despite being willing and able to work. It is an economic indicator that measures the percentage of the labor force that is unemployed and actively seeking employment. Unemployment is a significant issue in most economies and can have profound social and economic consequences.
There are various types of unemployment, including cyclical, structural, frictional, and seasonal. Cyclical unemployment occurs during economic downturns when businesses reduce their workforce due to reduced demand. Structural unemployment arises from changes in the economy that lead to a mismatch between available jobs and the skills of the workforce. Frictional unemployment is temporary and occurs when individuals are transitioning between jobs.
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flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?
Answer:
$1,100
Explanation:
flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?
1,299 - 199 = 1,100
Which team role makes treatment decisions and assigns roles.
The team role that makes treatment decisions and assigns roles is : Team leader.
Who is a team leader?A team leader is someone who oversees the functionality of a workgroup by providing guidance and instruction.
Team leader monitor the progress of a team throughout the duration and successful completion of a project.
Qualities of a good team leader are :
Achieve goals in good time.Good leaders make a decisive commitment to a vision.Successful team leaders speak well and listen better.There, the team role that makes treatment decisions and assigns roles is the team leader.
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An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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Click this link to view O*NET’s Work Styles section for Tellers. Note that common work styles are listed toward the top and less common work styles are listed toward the bottom. According to O*NET, what are common work styles needed by Tellers? Select four options.
curiosity
integrity
dependability
attention to detail
creativity
cooperation
The common work styles needed by Tellers, given O*NET’s Work Styles section for Tellers include:
integritydependabilityattention to detailcooperationWhat work styles are needed by tellers ?They must be cordial, accommodating, and patient. They must be able to comprehend client requirements and communicate service possibilities to clients. attention to detail When handling customers' money, tellers must take care to avoid mistakes.
Integrity. Being ethical and honest is required for work. Dependability. Fulfilling duties and being dependable, responsible, and dependable are requirements of the job. Focus on the details. A job needs attention to detail and thoroughness in task completion.
Self-Control. Even under extremely challenging conditions, the job calls for maintaining composure, managing emotions, regulating rage, and refraining from aggressive actions. Cooperation. It is necessary for the job that you get along well with coworkers and have a cooperative, positive attitude.
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Determining whether employees will be able to adapt to the planned change is _____. Group of answer choices legal feasibility organizational feasibility technical feasibility economic feasibility ethical feasibility
Determining whether employees will be able to adapt to the planned change is organizational feasibility.
It serves to specify a company's corporate and legal structure. An organizational feasibility study may also contain professional background data on the company's founders and key figures, as well as information on the capabilities they can bring to the company. It aids organizations in determining whether the technical resources are adequate and whether the technical team has the skills necessary to turn concepts into functional systems. The assessment of the proposed system's technical requirements, including its hardware, software, and other components, is part of the technical feasibility process.
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What value should you assign as the flotation cost of internally generated equity financing?
A cost that yields the company’s required rate of return on the funds utilized
Fifty percent of the external flotation cost of equity
The same cost as that of the external equity financing
A cost of zero
The same cost as that of the debt financing
The value that should be assigned as the flotation cost of internally generated equity financing is a cost of zero.
What's cost of zeroThere are no external costs associated with the issuance of equity from within the company. Therefore, there are no fees or expenses to be accounted for in the calculation of the cost of capital.
The cost of internally generated equity financing is simply the cost that yields the company's required rate of return on the funds utilized. This is in contrast to external equity financing, where there are typically significant fees and expenses associated with the issuance of new shares.
In this case, the flotation cost may be estimated at around 50% of the external flotation cost of equity, or it may be the same cost as that of the external equity financing. However, for internally generated equity financing, the flotation cost is effectively zero.
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to maintain an efficient service delivery system, an organization should always
To maintain an efficient service delivery system, an organization should always: Identify and understand customer needs and expectations.
An organization should clearly understand customer needs and expectations to design its service delivery system accordingly. Continuously monitor and improve service quality: Organizations should continuously monitor service quality to identify areas for improvement and make necessary changes to enhance the overall customer experience.
Implement technology: Technology can improve service delivery by automating processes, reducing wait times, and improving access to information.
Train employees: Employee training is crucial to ensure they have the necessary skills and knowledge to provide high-quality service and meet customer needs.
Measure and track performance: An organization should track key performance indicators (KPIs) to measure the effectiveness of its service delivery system's effectiveness and identify improvement areas.
Empower employees: Organizations should empower employees to make decisions and take ownership of the service delivery process, which can increase their engagement and motivation in delivery system
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Hizan is the owner of a company manufacturing shirts. His company is selling the shirts at a price of ₹200 per unit. The variable costs is ₹150 per unit. The fixed costs for the period is ₹5,00,000/-. Calculate the minimum number of units that must be sold for the company to attain break even. Show break even in terms of rupees.
Given:
Selling price = ₹200 per unit
Variable costs = ₹150 per unit.
Fixed costs for the period = ₹5,00,000
To find:
The minimum number of units that must be sold for the company to attain break even and break even in terms of rupees.
Solution:
We know that,
Total cost = Fixed cost + Variable cost
Let the number of manufacturing shirts be x, so the cost function for the shirts is
\(C(x)=500000+150x\)
Selling price is ₹200 per unit. So, revenue function is
\(R(x)=200x\)
At break even point the company has no profit no loss. It means, revenue is equal to cost.
\(R(x)=C(x)\)
\(200x=5,00,000+150x\)
\(200x-150x=5,00,000\)
\(50x=5,00,000\)
Divide both sides by 50.
\(x=10000\)
Therefore, minimum number of units that must be sold for the company to attain break even is 10,000.
To find the break even price, substitute x=10000 in either cost function or revenue function.
\(R(10000)=200(10,000)\)
\(R(10000)=20,00,000\)
Therefore, the break even in terms of rupees is ₹20,00,000.
On January 15, the end of the first biweekly pay period of the year, North Company’s payroll register showed that its employees earned $32,000 of sales salaries. Withholdings from the employees’ salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. No employee earned > $7,000 in this first period. Prepare the journal entry to record North Company’s January 15 (employee) payroll expenses and liabilities.
Answer:
January 15, wages expense
Dr Wages expense 32,000
Cr Federal income taxes withheld 3,000
Cr FICA taxes (OASDI) withheld payable 1,984
Cr FICA taxes (Medicare) withheld payable 464
Cr Medical insurance payable 772
Cr Union dues payable 260
Cr Wages payable 25,520
Unemployment taxes, both FUTA and SUTA, are only paid by the employer, therefore, they are not included in this journal entry. The employer also contributes the same amount of FICA taxes as employees.
3. Earning of profit is regarded as the main objective of business? Explain by giving any 3reasons
A plot of corn i 3 1/10 yard wide. It i 5 time a long a it i wide. How long i the plot of corn?
If a plot of corn is 3 1/10 yards wide, and it is 5 times as long as it is wide, then the plot of corn is 15 1/2 yards long.
The length of the plot can be calculated as follows:
Length = Width * 5
Length = 3 1/10 * 5
Length = 15 1/2 yards
So, the plot of corn is 15 1/2 yards long.
The dimensions of a plot of corn are important to understand for farmers. In this case, the plot is 3 1/10 yards wide and 5 times as long as it is wide, making it 15 1/2 yards long. This results in a total area of 46.75 square yards.
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Is your name ariel? cus we mermaid for each other
Answer:
If I could rearrange the alphabet, I’d put ‘U’ and ‘I’ together.
Explanation:
good thing i got my library card, because im checking you out
Using the tables in Appendix 11.A, how much interest will an investment of $10,000 today at 12% interest compounded annually earn over 20 years (rounded to the nearest dollar
Using the compound interest formula. The amount earned on interest on the invested amount would be $86,463
Using the relation :
\( A = P(1 + r)^{t} \) A = total amount after t years P = Amount invested r = Rate of investmentSubstituting the values into the relation :
\( A = 10000(1 + 0.12)^{20} \)
A = $96462.93
The interest earned can be calculated thus :
$96,462.93 - $10,000 = $86,462.93Hence, interest earned is $86,463
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