quinn wants to retire when she is 67 years old. she plans on investing $1,850 each quarter with an average annual return of 3.4% adjusted for inflation. interest compounds quarterly. if quinn is 32 years old, how much will she have in savings at the beginning of her retirement
Quinn plans to retire after 35 years, since she is currently 32 years old. She will make a total of 140 quarterly investments ($1,850 x 4 x 35 = $259,000).
With an average annual return of 3.4% adjusted for inflation and quarterly compounding, the effective quarterly interest rate is 0.008375. Using the formula for compound interest, FV = PV x (1 + r)^n, where FV is the future value, PV is the present value, r is the interest rate per period, and n is the number of periods, we can calculate the amount of savings Quinn will have at the beginning of her retirement:
FV = $259,000 x (1 + 0.008375)^140 FV = $518,277.53 Therefore, Quinn will have approximately $518,277.53 in savings at the beginning of her retirement if she invests $1,850 each quarter with an average annual return of 3.4% adjusted for inflation and compounds quarterly.
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Muffy's Muffins had net income of $2,325. The firm retains 60 percent of net income. During the year, the company sold $295 in common stock. What was the cash flow to shareholders?
Answer:
The total cash flow to shareholders is $635.
Explanation:
The cash flow to shareholders can be determined by subtracting the new equity raised from the dividend paid.
Cash flow to stockholder = dividend paid - new equity raised
Here net income = $2,325
Retained income = 60%
So the dividend percentage =40%
Total dividend = 2325 × 40% = $930
New equity raised= $295
Thus, total cash flow to shareholders= $930 – 295 = $635
Which is a better deal on a $200 item: 33% off original price or 20% off and additional 15% off at the register?
33% off original price
20% off and additional 15% off at the register
Answer:
Finding the original price given the sale price and percent discount
you have won the lottery and you have two options in the way you can receive your winnings:
option 1: 350,000 now
option 2: 200,000 now and another 180,000 six years from now.
which option is better and by how much if the money is worth 3.45% compounded quarterly
Ee can see that the present value οf οptiοn 2 is apprοximately $345,660.49, while the present value οf οptiοn 1 is $350,000. Therefοre, οptiοn 1 is the better chοice by apprοximately $4,339.51.
How tο determine which οptiοn is better?Tο determine which οptiοn is better, we need tο calculate the present value οf οptiοn 2 and cοmpare it tο the amοunt οffered in οptiοn 1. Since the mοney is wοrth 3.45% cοmpοunded quarterly, we can use the fοrmula fοr present value:
PV = FV / (1 + r/n\(\rm )^{(nt)\)
Where:
PV = Present Value
FV = Future Value
r = Interest rate
n = Number οf cοmpοunding periοds per year
t = Number οf years
Let's calculate the present value οf οptiοn 2:
PV(οptiοn2) = 200,000 + (180,000 / (1 + 0.0345/4\()^{(4 \times 6)\))
PV(οptiοn2) = 200,000 + (180,000 / (1.008625)²⁴)
PV(οptiοn2) = 200,000 + (180,000 / 1.236289521)
PV(οptiοn2) = 200,000 + 145,660.49
PV(οptiοn2) ≈ 345,660.49
Nοw we can cοmpare the present value οf οptiοn 2 tο οptiοn 1:
PV(οptiοn1) = 350,000
Frοm the calculatiοns, we can see that the present value οf οptiοn 2 is apprοximately $345,660.49, while the present value οf οptiοn 1 is $350,000. Therefοre, οptiοn 1 is the better chοice by apprοximately $4,339.51.
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____ share of the world economy has been rising, while ______ share has been falling.
Asia's share of the world economy has been rising, while Europe's share has been falling.
Over the past few decades, Asia has experienced significant economic growth, resulting in an increase in its share of the world economy. This growth can be attributed to rapid industrialization, an expanding workforce, and increasing foreign direct investment. In contrast, Europe's share of the world economy has been falling due to slower economic growth, an aging population, and challenges from globalization.
The shift in economic power is evident in the increasing prominence of emerging markets like China and India, which have become major players in global trade and investment. As a result, policymakers in Europe are faced with the challenge of stimulating economic growth and competitiveness to maintain their global economic standing. Overall, the changing dynamics of the world economy have led to a rise in Asia's share and a decline in Europe's share.
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How can a company hide 2000$ of debts in a double entry journal accounting….. using debits and credits
An expense is recorded under the cash basis only when services are performed. O it is earned. O cash is paid. O it is incurred.
An expense is recorded under the cash basis only when cash is paid. Under the cash basis of accounting, revenue and expenses are recorded only when cash is received or paid.
This implies that an expense is recorded under the cash basis only when cash is paid.Therefore, the answer to the given question is cash is paid. in accounting, there are two methods of accounting, cash basis, and accrual basis. Cash basis accounting is a bookkeeping system in which income and expenses are recorded when cash is received or paid. In contrast, accrual basis accounting is a bookkeeping method in which revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is received or paid.
Under the cash basis of accounting, expenses are recorded when cash is paid, and revenue is recorded when cash is received. Therefore, an expense is recorded under the cash basis only when cash is paid. For example, if a company pays salaries of $5,000 in cash to its employees, it will record the expense of salaries under the cash basis accounting when it pays the cash.On the other hand, under the accrual basis of accounting, expenses are recorded when they are incurred, and revenue is recorded when it is earned.
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What would a nonprofit organization hire a marketing team? What are some examples
Hand off marketing so you can focus on your mission. Bring on a greater number of donors and volunteers. Increase your organization's impact on the world.
What does non-profit marketing look like in practice?Consumers are urged to donate money to a cause or charitable cause in traditional fundraising. Some companies work with organizations to develop long-term fundraising campaigns for causes that are important to their workforce.
Which marketing tasks are carried out by charitable organizations?The techniques and plans employed by nonprofit organizations to increase donations and distribute their message are referred to as nonprofit marketing. Numerous activities fall under the category of nonprofit marketing, including social media marketing, content marketing, mobile marketing, and direct mail marketing.
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Chapter 2.2 Key Terms
Directions: Take the vocabulary terms from
chapter 2.2 (page 31-36) and provide a definition
for each one in your own words. Then, choose
FIVE of the terms to write a paragraph which
answers the question "WHAT ARE THE
BENEFITS OF HAVING A FREE MARKET?"
Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situation, you can create a budget based on an average individual your age.
What+is+the+principal+remaining+after+monthly+payments+have+been+made+on+a+$+-year+loan?+the+annual+interest+rate+is+%+nominal+compounded+monthly
The Correct answer is $14,579
n= 5 years adjusted for monthly payment.
n=5*12
n=60
r= 12% adjusted for monthly payment
r = 0.12 / 12
r = 0.01
LLoan = $20,000
We must first determine the monthly payment:
A = P (A/P, 1%, 60)
A = $20,000 * 0.0222
A = $444
We know that after the 20 payments, 40 payments are remaining.
P = $444 * (P/A, 1%, 40)
Based on the compounding table, if i = 1% then (P/A, 1%, 40) = 32.8346
P = $444 * 32.8346
P = $14,578.56
P = $14,579
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any two importance of office resources
Two importance of office resources are greater output and promote productivity .
What are office resources ?All of the resources and amenities found in an office, including people, tools and supplies, furniture and equipment, cash, modes of transportation, and communication, are referred to as office resources. These resources are used to help the organization achieve its goals.
Two improtance of office resources are:Greater output is made possible because every business strives to produce as much as possible while using the fewest resources possible. Better resource utilization management can be used to accomplish such a feat.It helps to promote productivity: Office supplies aid in boosting office employees' productivity. Equipment such as furniture, machinery, and other items make work more comfortable and convenient, which improves worker productivity.Learn more about office resources here https://brainly.com/question/20436648
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tillers and tiles corp. creates machines parts used in the agriculture industry. a primary activity in the operations of tillers and tiles corp. would be
The Tillers and Tiles Corp. manufactures machinery components for the agricultural sector. Research & development would be a key component of tillers and tiles corp. operations.
What exactly are research and development?The creation of new knowledge is what research and development do. It is a task that businesses carry out in order to create new goods, methods, or services, or to enhance ones that currently exist. Businesses frequently assume risk in order to achieve this.
How are research and development defined?Businesses engage in research and development (R&D) when they want to produce new products or find ways to enhance the ones they already have. Larger businesses might have their own in-house research and development group that will evaluate and improve items or procedures prior to use in the marketplace.
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Which two security regulations does the pci enforce with regard to electronic banking?
Choices
A. Banks must maintain a secure network
B. Banks must allow customers to chose the level of security they want
C. Banks must compensate customers for money lost due to stolen cards
D. Banks must have information security policy
Answer:
A. Banks must maintain a secure network D. Banks must have information security policyExplanation:
The Payment Card Industry Data Security Standards (PCI DSS) are there to make sure that companies dealing with payment cards for customers protect these customers by having a secure payment environment to prevent customer money being at risk.
First and foremost the companies should have a secure network for processing card payments and data which means no expense should be spared in maintaining this. Companies must also have an information security policy that employees must follow when dealing with customer information.
Which part of the business plan identifies plans for pricing policies? a. Self-analysisb. Trading area analysisc. Proposed marketing pland. Product description
Proposed marketing plan identifies plans for pricing policies. so the right choice is C.
The products and pricing area of your marketing strategy outlines the services and goods you provide to the market along with your approach to pricing for each.
Pricing conveys a clear message to your market, so it must be in line with your strategy, brand, and the value you're offering.
Businesses utilise a marketing plan as a strategic road map to plan, carry out, and monitor their marketing strategy over a specific time frame.
Different marketing tactics for diverse marketing teams across the organisation working toward the same business goals can be included in marketing plans.
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please i need help with this !!
Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms
Each year, you must file ____________________.
1. your federal, state, county and town taxes
2. only your state taxes since federal taxes are filed every four years
3. only your federal taxes since state taxes get filed every other year
4. your federal taxes and state taxes if your state requires it
According to the Internal Revenue Services and the tax code, each year, you must file "your federal taxes and state taxes if your state requires it"
Individuals are required to pay taxes to the federal government and the state government.
There are various types of taxes available, some of which include the following:
Income TaxPayroll TaxExcise TaxCorporate Tax, etc.All these taxes are paid to the federal government and state if they require it.
Hence, in this case, it is concluded that the correct answer is option D. "your federal taxes and state taxes if your state requires it."
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Answer: the answer is D
Explanation:
Choose an organization (it can be from one of the case studies you will research or any other company). Delve into their organizational philosophy of culture and change and respond to the following:
Include a specific or concrete example of how this organization promotes and/or adopts to change,
Describe their cultural atmosphere,
Have they been successful with their culture and change? How do they measure their success? How would you measure it?
Relate back to at least one of the readings from this week or a previous week's material
Provide any/all references
The requirement guidelines for each discussion question are as follows:
Students must post a substantive, thoughtful, response to the question. Minimum of three (3) paragraphs
Microsoft Corporation's culture of change is grounded in the principles of agile management. The company's focus on experimentation, risk-taking, and innovation is consistent with the principles of agile management.
Organization: Microsoft Corporation
Organizational philosophy of culture and change:
Microsoft Corporation is one of the world's leading technology companies and is recognized for its culture of change. The company's organizational philosophy of culture and change is centered on the fact that the business is driven by the need to meet and exceed customer expectations. Microsoft Corporation focuses on maintaining a growth mindset culture that supports innovation and learning. The company's culture of change encourages employees to experiment and take risks that can lead to breakthroughs in technology.
Example of how Microsoft Corporation promotes and/or adopts change:
Microsoft Corporation promotes and adopts change by ensuring that its employees have access to the tools and resources they need to perform their jobs effectively. One example of how the company promotes and/or adopts change is the introduction of its Microsoft Teams platform. The platform was introduced as a way for the company to enable remote working and collaboration among its employees. Through Microsoft Teams, employees can collaborate on projects and communicate with each other in real-time.
Cultural atmosphere:
The cultural atmosphere at Microsoft Corporation is centered on innovation and creativity. The company values the ideas and contributions of its employees and encourages them to experiment and take risks. Microsoft Corporation has a culture that is focused on growth and learning. The company encourages its employees to pursue their passions and provides opportunities for them to develop new skills and expertise.
Success with culture and change:
Microsoft Corporation has been successful with its culture and change efforts. The company has been recognized for its innovative products and services, and its employees are recognized for their contributions to the industry. Microsoft Corporation measures its success by evaluating customer satisfaction, employee engagement, and financial performance. The company also uses key performance indicators (KPIs) to measure the effectiveness of its culture and change initiatives.
Relate back to a reading:
One of the readings that is relevant to Microsoft Corporation's culture and change efforts is the article "Transforming Your Organization with Agile" by Dr. John J. Sullivan. The article discusses the benefits of agile management in promoting innovation and change within an organization.
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where can i watch the rock and roll hall of fame induction ceremony
Answer:
Copy and paste these exact words into You Tube
LIVE: Official Red Carpet of the 2021 Rock & Roll Hall of Fame Induction Ceremony
Explanation:
Which type of agreement assures that a broker will receive compensation regardless of who procures the buyer?a. Net listingb. Exclusive right to sellc. Open listingd. Exclusive agency
Answer: b. Exclusive right to sell
Explanation:
An authoritative understanding under which the posting merchant goes about as the operator or as the lawfully perceived non-organization illustrative of the seller(s), and the seller(s) consents to pay a commission to the posting dealer, whether or not the property is sold through the endeavors of the posting intermediary, the seller(s), or any other individual; and an authoritative understanding under which the posting specialist goes about as the operator or as the legitimately perceived non-office illustrative of the seller(s), and the seller(s) consents to pay a commission to the posting agent whether or not the property is sold through the endeavors of the posting representative, the seller(s), or any other person, then again, actually the seller(s) may name at least one person or elements as exclusions in the posting understanding and if the property is offered to any absolved individual or element, the seller(s) isn't committed to pay a commission to the posting specialist
You're the production manager for Blue Ribbon Bakery, and you're responsible for managing the inventory of all of the flour, eggs, milk, butter, and other raw materials that go into the company's baked goods. Storing all of these raw materials, some of which require refrigeration, can get expensive so you don't like to go overboard on ordering them, but on the other hand you have to make sure the bakery workers have what they need.
Required:
What methods of inventory control do you think will work best at Blue Ribbon?
The inventory control methods that will work best at Blue Ribbon Bakery will be the Just-in-Time (JIT) method, which helps to stock the raw materials available in the proper quantity to be used during the work.
Just-in-Time is a method that seeks to optimize inventory, by providing the exact quantity for demand, avoiding waste, reducing costs and improving other processes by increasing quality, such as storage, transport and cash flow.
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PLEASE FILL THIS OUT I WILL GIVE BRAINLIST AND 100 POINTS FEDERAL INCOME TAX ONLINE ACTIVITY
FEDERAL INCOME TAX ONLINE ACTIVITY – During this lesson, you viewed many websites helpful for understanding and completing your income taxes. Now find another website with tax information and identify its features. Complete the following worksheet and submit it to your instructor.
Website address: ____________________________________________________________________
Name of site: _______________________________________________________________________
Author(s) or Publisher(s): _____________________________________________________________
How you found the site: ______________________________________________________________
___________________________________________________________________________________
Four useful features of the site:
A.__________________________________________________________________________________
B.__________________________________________________________________________________
C.__________________________________________________________________________________
D.__________________________________________________________________________________
Two things you learned about taxes from this site that you didn’t know before:
A.__________________________________________________________________________________
B.__________________________________________________________________________________
Do you think this is a trustworthy site? Why or why not?
____________________________________________________________________________________
____________________________________________________________________________________
Two suggestions for changes to this website that would make it better:
A.__________________________________________________________________________________
B.__________________________________________________________________________________
Website address: \https://www.firs.gov.ng/
Name of site: [insert name of site here]
Author(s) or Publisher(s): [insert author(s) or publisher(s) name(s) here]
How you found the site: [From an online survey]
Four useful features of the site:
A. Clear and organized layout
B. Relevant and up-to-date information
C. Interactive tools such as tax calculators
D. Resources and links to further information
Two things you learned about taxes from this site that you didn’t know before:
A. The difference between standard deductions and itemized deductions
B. The importance of keeping accurate records for tax purposes
Do you think this is a trustworthy site? Why or why not?
Yes it is trustworthy because of its several layers of security. ]
Two suggestions for changes to this website that would make it better:
A. Add more examples and real-life scenarios to help explain tax concepts
B. Offer more resources for tax preparation and filing, such as downloadable forms and worksheets.
What is a website?A website is described as a collection of web pages and related content that is identified by a common domain name and published on at least one web server.
Websites are typically dedicated to a particular topic or purpose, such as news, education, commerce, entertainment or social networking.
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Which buying method can save money but means you must have trust in the reliability of your supplier? a. economic order quantity b. fixed order c. last in first out d. just in time please select the best answer from the choices provided a b c d
Just in Time.
Just in Time buying method can help save money by only ordering what is needed, when it is needed, and avoiding inventory costs.
This method does require a lot of trust in the supplier's reliability, as the goods must arrive on time and in the correct quantities to ensure the business's operations are not disrupted.
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Which of the following is a reason why managerial decision making is challenging? Managers must apply sophisticated analysis techniques, such as Porter's strategies, to make decisions. Managers need to analyze small amounts of data. Managers have more time than ever before in history to make decisions. Managers have access to limited amounts of information for making strategic decisions. Managers are best able to internalize information.
The reason why managerial decision making is challenging is that managers must apply sophisticated analysis techniques to make decisions, such as Porter's strategies, and they often have limited amounts of information available to them for making strategic decisions.
Additionally, decisions often involve trade-offs between multiple competing objectives, and managers must consider the potential risks and uncertainties associated with each option. Furthermore, managers are often under pressure to make decisions quickly, which can be further complicated by changing market conditions and other external factors.
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our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
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for human services pleaseeeeeeeeeeee help <3
Answer:
gghddhshdjshsjgsgsgshsnssmadCain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Which electronic format is best to use when evaluating and analyzing personal artwork to provide evidence of learning?
The ePortfolio (electronic portfolio) is the best electronic format for evaluating and analyzing personal works of art as evidence of learning.
'What is an electronic portfolio?'
It is analogous to a digital portfolio, where the student or professional can collect their artistic productions, such as videos, paintings, posters, photos, and others, and where the techniques used, artistic style, learning, and progress of the student's artistic profile can be observed. individual.
The ease with which any authorized person can access the eportfolio from anywhere in the world makes the artist's work more widely recognized than if he only used the physical portfolio.
As a result, the electronic portfolio is used in educational institutions to track a student's progress, as well as to understand his personality and collection of works.
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Jane has a credit card balance of $21,000. The annual interest rate is 20%. She is required to pay a minimum of 4% of the outstanding balance, but never less than $40. How many months will it take to pay off the credit card balance if she pays $25 in addition to the required minimum payments? You must show your work on an Excel spreadsheet and place in the designated dropbox.
a.119
b.163
c.102
d.201
Jane will take 119 months to pay off her credit card balance if she pays $25 in addition to the required minimum payments.
To calculate the number of months it will take Jane to pay off her credit card balance, we used an Excel spreadsheet to track the payments and remaining balance. By considering the initial balance, minimum payment, additional payment, interest charged, and remaining balance for each month, we were able to determine the month in which the remaining balance becomes zero.
The calculations take into account the annual interest rate of 20%, the requirement to pay a minimum of 4% of the outstanding balance (or $40 if it's less), and the additional payment of $25. The interest charged is calculated monthly based on the outstanding balance. The remaining balance is updated each month by subtracting the total payment and the interest charged.
By analyzing the spreadsheet, we can determine the exact number of months it will take for Jane to pay off her credit card balance. This provides a clear picture of the timeline and allows for effective financial planning.
Therefore, using an Excel spreadsheet to track payments and remaining balance helps in assessing the time needed to pay off debts. It highlights the importance of considering interest rates, minimum payments, and additional payments to create a realistic payment plan.
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sales of cases of soft drinks are up 20% from last year. you sold 500 cases of soft drinks during September of the previous year. based on current demand trends, what would the forecast be for total sales of cases of soft drinks for this September?
Answer:
600 cases you welcome :)