Answer: D. 14;10
Explanation: The answer is D. 14;10 because a date to the right on a number line is older. This means that the first number has to be larger than the second number, and only D has this.
Answer:
The answer is D
Explanation:
Solution:
Recall that:
Malloy Furniture purchases two products: Big shelves B and Medium shelves M
The cost of big shelf is =$500
The space required = 100 cubic feet
The cost of each medium shelf is =$300
Storage space = 90 cubic feet,
Now,
Since the values 100 and 90 is greater than 18000 cubic feet available for storage, what is required would be 100 big shelves and 100 medium shelves
Answer and Explanation:
The Preparation of balance sheet is shown below:-
Balance Sheet
Current liability
Long term debt of Current portion $40,100,000
Long term liability
Notes payable $31,900,000
($40,100,000 - $8,200,000)
Total liabilities $72,000,000
So, to reach the total liabilities we simply add the long term debt of current portion with notes payable.
Answer
Current Price of Bond M = $25,202
Current Price of Bond N = $7,102
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer and Explanation:
The computation of the given question is shown below:-
Total Contributions = Monthly contribution + Amount invested in Ferdinand’s 401(k)
= $250 + $125
= $375
1. Future Value = PMT [((1 + r)n - 1) ÷ r
Future value = 375 × ((1 + 0.03 ÷ 12) × 12 × 40 - 1) ÷ (0.03 ÷ 12)
= $347,272
2. Ferdinand deposit = Given Amount × Total number of months in a year × Number of years
= $250 × 12 Months × 40 Years
= $120,000
3. The Amount put in by the employer = 50% of $250 ×Total number of months in a year × Number of years
=
$125 × 12 Months × 40 Years
= $60,000
4. Interest = Future value - Ferdinand deposit - The Amount put in by the employer
= $347,272 - $120,000 - $60,000
= $167,272
We simply applied the above formulas