Answer:
The amount you will have in eight years is $29,679.56
Explanation:
In order to calculate the amount you will have in eight years we would have to use the following formula:
amount you will have in eight years=PV*(1+r)∧n
According to the given data:
PV=$20,000
r=6.8%
n=6
Therefore, amount you will have in eight years=$20,000*(1+6.8%)∧6
amount you will have in eight years=$29,679.56
Answer:
Corporate citizenship should:
- Obey relevant rules and regulations.
- Concerned with how well a firm contributes to the betterment of the community (Eg philantrophy)
- Contribute to or, at least not detract from, the life of local communities through its operations
.
- Held to certain economic virtues, that are necessary for the free market to run efficiently (Eg honest advertising)
- Concerned with how well a firm involves itself in the political process.
Answer:
The answer is: Total goods available
Explanation:
Cost of goods sold (COGS) should include the cost of all the goods sold during the accounting period. The ending inventory is the value of how many goods were left unsold in a company's inventory.
When you add them up, you get the total value of the goods the company had available for sale during the accounting period.
If the $5,000 put in an interest-bearing account for replacement is included in the estimation of the net operating income, it is typically referred to as a Depreciation Reserve.
<h3>What is depreciation?</h3>
Depreciation refers to an accounting method that allocates the cost of a tangible or physical asset over its useful life.
While the purpose of depreciation is to spread the cost of an asset over the financial periods in which the asset is put to use, investing an amount equivalent to the depreciation amount in a special account provides the cash needed for replacement.
Thus, if the $5,000 put in an interest-bearing account for replacement is included in the estimation of the net operating income, it is typically referred to as a Depreciation Reserve.
Learn more about Depreciation Reserve at brainly.com/question/22984056
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Answer:
Bond's price is $948.96
Explanation:
Price of the bond is the present value of all cash flows of the bond. Price of the bond is calculated by following formula:
According to given data
Coupon payment = $1,000 x 5.02% = $50.2
Current Yield = 5.29%
Price of the Bond = Coupon Payment / Current Yield
Price of the Bond = $50.2 / 5.29%
Price of the Bond = $50.2 / 0.0529
Price of the Bond = $948.9