How much money should be invested for balance of account
The cost of a four-year college education at a public university is expected to be $7,000 a year in 18 years. How much money should be invested now at 7% so that the balance of the account after 18 years covers the cost a college education?
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Partner Joe had a capital balance on January 1, 2008 of $45,000 and made additional capital contributions during 2008 totaling $50,000. During the year, Joe withdrew $8,000 per month.
A company's stock has a beta of 1.20, the risk-free rate is 4.50%, and the market risk premium is 5.00%. What is that company required return?
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How much money should be invested now at 7% so that the balance of the account after 18 years covers the cost a college education?
Randolph is a 30% partner in the RD Partnership. On January 1, RD distributes $15,000 cash, an investment with a fair value of $20,000 (inside basis of $10,000), and a parcel of land with a fair value of $10,000.
Each unit requires 5 pounds of raw materials costing $3 per pound. On December 31, 2013, the ending raw materials inventory was 9,320 pounds.
Businesses often feel too busy to plan for the future. A study by Willard & Shullman Group Ltd. found that fewer than 14% of businesses with less than 500 employees do an annual budget or have a written business plan.
The contribution margin ratio is 30% for the Honeyville Company and the break-even point in sales is $150,000. If the company's target net operating income is $60,000, sales would have to be.
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