Answers
The present value of his inheritance is $428,571.43.
The present value (PV) is the current value of a future stream of cash flows using a specified rate of return. To obtain the present value, the future cash flows are discounted at the discount rate.
The formula for calculating the present value is given as follows:
PV=FV 1/{(1+r)^{n}}
PV = present value
FV = future value
r = rate of return
{n} = number of periods
However, we can use an online finance calculator to determine the present value as below:
Data and Calculations:N (# of periods) = 1 year
I/Y (Interest per year) = 5%
PMT (Periodic Payment) = $0
FV (Future Value) = $450,000
Results:
Present Value (PV) = $428,571.43
Total Interest $21,428.57
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Related Questions
Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Answers
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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Which measure of prices includes all of the final goods and services in a nation's
output?
Answers
The GDP deflator measure of prices includes all of the final goods and services in a nation's output.
The implicit price deflator and GDP price deflator are other names for the GDP deflator. It will make it easier to gauge how much the pricing of various commodities and services produced inside an economy have changed. This is also used by economists to compare the real level of economic activity in one economy from one year to the next.
The quantity of goods created in an economy with the use of labor, equipment, and raw materials that are available for sale in the market to customers and contribute to the creation of profit is known as output.
The main quantitative indicator of economic activity is the gross domestic product. It is a measurement of the total market value of all finished goods and services produced within a nation's borders in a given year.
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For which of the following situations is the taxpayer not required to file Schedule H - Household Employment Taxes?
Answers
Paid $2,000 to his or her father to help install a new fence out of the following situations is the taxpayer not required to file Schedule H - Household Employment Taxes. The correct option is D.
What is the meaning of household employer?You may be deemed a household employer if you pay wages to persons who work in or near your home. The table below contains a list of workers and whether or not they are considered home employees. A domestic employee may provide services on a temporary or part-time basis.
If you paid cash wages to a household employee who was liable to social security, Medicare, or FUTA taxes, or if you withheld federal income tax, utilize Schedule H (Form 1040).
Thus, the ideal selection is option D.
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Your Question seems incomplete most probably your full complete was:
For which of the following situations is the taxpayer not required to file Schedule H - Household Employment Taxes?
A. Paid $2,400 in wages to a friend’s niece for housekeeping services
B. Paid $2,350 in wages to a neighbor for babysitting in his or her home
C. Withheld $100 in Federal income tax from payments to his or her yard worker
D. Paid $2,000 to his or her father to help install a new fence
EXERCE1 Diffrentiate the legelities of private law and public law.
Answers
The main difference between the two is that private law deals with the relationships between individuals, while public law deals with the relationship between individuals and the state.
Private law covers matters such as contracts, property rights, and torts. It provides a framework for individuals to conduct their personal and business affairs, ensuring that everyone is held accountable for their actions. Private law is enforced through the civil courts, where individuals can seek redress for any wrongs that have been committed against them.
Public law, on the other hand, deals with matters that affect society as a whole. It includes constitutional law, administrative law, and criminal law.
Public law sets out the rules and regulations that govern the relationship between individuals and the state, as well as the relationship between different branches of government. It is enforced through the criminal justice system, where individuals can be prosecuted for breaking the law.
In summary, the main difference between private law and public law is that private law governs the relationship between individuals, while public law governs the relationship between individuals and the state. Both are essential for maintaining order and ensuring that everyone is held accountable for their actions.
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The performance plan will include a section that identifies all of the following EXCEPT
Answers
Answer:
where are the choices please so I can help you
Rank order the vendors, keeping the Seasonal Product Team's needs in mind.
1
M
Rank
2 D
4
P
K
Flexibility
Vendor
O Low Amount
↑ Increasing 10%
Castomer Issues
Quantity Shipped
O
O
Shipped On Time
Moderate Amount
Decreasing 10%
●T
High Amount
D
Answers
Since the primary goal of the seasonal team is to guarantee that products are available as and when needed and in the appropriate quantities, the vendor must have some qualities.
These include-
Flexibility to make changes in product demand, Fewer customer issues, Above average ratings in product shipping, And the ability to ship the products on schedule.Analysis of Vendors-
1. The advantages of vendor P-
-P include great flexibility and little customer complaints. The amount transported is small, despite the fact that delivery times are long and rising by 10%. P cannot thus be suggested.
2. Vendor D-
D is very adaptable, customer problems are growing by 10%. Furthermore, despite the great quantity, only a small percentage of the items are delivered on time. D thus cannot be suggested.
3. Vendor K -
K has a modest level of flexibility and some growing customer difficulties (the latter by 10%). While they are delivered on time, the amount sent is fair. K is therefore advised.
Hence keeping the Seasonal Product Team's needs in mind, the vendors K, P, D can be ranked in orders as 1,2,3 respectively.
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Woolies environmental impact in relation to the triple bottom line
Answers
The environmental impact as regard is the Triple bottom is that Woolies has reduced the ways that it sends wastes to landfills and has also embraced the method of recycling.
What is the triple bottom line?This is the term that is used to refer to a sustainable network or frame work that a business may have to adopt. What this means is that they would have to adopt the practice of measuring the success of the business through the eyes of the following elements.
peopleplanetprofitHence The environmental impact as regard is the Triple bottom is that Woolies has reduced the ways that it sends wastes to landfills and has also embraced the method of recycling.
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1. Why might a defendant prefer to be sued in one state rather than in another
Answers
Answer:
One state might have less harsh penalties.
Explanation:
Based on your interpretation of your responce to the survey questionaire what does this reveal about your interest in engaging to sport activities
Answers
Answer:
Answer:
I realized that sports is my thing, although I'm not that athletic. I always have a blast whenever I'm engaging in sports. I also like watching it on television.
I fell in love with sports because exercise is good for our health. Engaging in sports also help improve my mood and boost my energy.
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My interest in sport activities
I realized that sports is my thing, although I'm not that athletic. I always have a blast whenever I'm engaging in sports. I also like watching it on television. I fell in love with sports because exercise is good for our health. Engaging in sports also help improve my mood and boost my energy.
Please help instructions are attached.
Answers
You are about to undertake a project that will pay you GH 5,000/year for the next
4years, plus GH¢ 7,000 in 5years and GH 4,000 in 3years. If the cost of capital is 6.2%,
what is the NPV of the project?
Answers
Answer:.
Explanation:
Mike leaves his car parked at his friend Don's house while he left for vacation.
While he was gone, lightning struck a tree and it fell on and destroyed Mike's
car. Is Don responsible for the damage to Mike's car?
A. Yes, because it happened at Mike's house.
B. Yes, because Don acted negligently.
C. No, because Mike benefited from the transaction.
O
D. No, because the lightning was an act of God.
Answers
Answer:
B. Yes, because Don acted negligently.
Explanation:
If a thunderstorm was going to happen, the likeliness of Don knowing would be very high as the weather would have been released for the time this event occured. He could have prepared prior to the lightning to prevent this type of thing by telling Mike to not leave his car there as something could happen or put Mike's car in the garage (if he has one).
List which parts of the website a user doesn't like
Answers
Answer:
what website?
Now that you’ve chosen your business and found your niche, you’re in need of some advice on the practical aspects of setting up the business. A reliable resource for business information is
Answers
Answer:
the Small Business Administration
Explanation:
explain sales and purchase documents
Answers
Answer:
A sales and purchase agreement (SPA) is a binding legal contract that obligates a buyer to buy and a seller to sell a product or service.
Explanation:
Case Study Questions
In your opinion, what role did the Independence Day declaration have on the motivation of the people working at ISRO? Would the prior admission of the ISRO chairman in 2008 of a Mars mission have had any effect?
Evaluate the SMARTness of the objectives for the Mars Orbiter Mission. Analyse the decision taken by the chairman of ISRO to use the PSLV instead of the GSLV, in the context of being attainable vs. being challenging.
Discuss the role of the preparatory studies conducted for the Mars mission. What role did the success of the prior mission Chandrayaan-I have on the execution and planning for this mission?
What peripheral political advantage could India have envisaged for Mangalyaan? Would the mission have been conceived had the prior ISRO chairman been at the helm? Why or why not?
Answers
The Mangalyaan mission was subject to quite a bit of criticism, among them being the previous ISRO chairman, Dr Nair, who was of the opinion that ISRO should have focused on GSLV which would allow India to put up a stronger mission to Mars, due to the higher payload capacity of the GSLV.
Further, this could have augmented future space efforts by India. Near the culmination of the project however, all critics were full of praise for the scientific community of India. E.V. Chitnis, a scientist on the team that launched India's first rocket, asserted that critics had not accounted for the strides made by the country's space program and the ensuing economic benefits by demonstrating interplanetary capability.
ISRO's commercial arm, Antrix, has been putting satellites into orbit profitably, and a demonstration of the capability for interplanetary programs can only augment this.
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To live comfortably in retirement, you decide you will need to save $2 million by the time you are 65 (you are 30 years old today). You will start a new retirement savings account today and contribute the same amount of money on every birthday up to and including your 65th birthday. Using TVM principles, how much must you set aside each year to make sure that you hit your target goal if the interest rate is 5%? What flaws might exist in your calculations, and what variables could lead to different outcomes? What actions could you take ensure you reach your target goal?
Answers
Answer: Please refer to Explanation
Explanation:
1) You want to have $2 million when you are 65 which is 35 years from now. The interest rate is 5% and you need to know how much to deposit per year to get to that level. The $2 million is therefore the future value of your contributions which makes this an Annuity.
To calculate for the Annuity amount use the following formula,
FV of Annuity = Annuity ( ( (1 + i)^ n -1 )/ i )
2,000,000 = A ( ( ( 1 + 5%) ^ 35 -1 ) / 5%)
2,000,000 = A ( (1.05^35 -1 )/5%)
2,000,000 = A (90.3203074)
A = 2,000,000/90.3203074
A = $22,143
You should set aside $22,143 every year.
2) The major flaw in the calculation is the assumption that the interest rates will remain the same over the 35 years. This is almost impossible and will affect the amount that would need to be deposited every year to achieve the target. If the interest rate should increase then it will increase the amount that you are to get meaning you can get more than $2 million then you would not have to deposit as much to get to $2 million. If it decreases however, you will have to deposit more to get to the required $2 million because the amount earned in interest will not enable you to get to $2 million in that timeframe. .
To live in conformably you need to retire and decide that you need to pay about 2 million dollars to save and by the time of 65 need to start a retirement plan, the TVM concept the target goals has a interest rate of 5%.
For which we need to calculate the
FV of Annuity = Annuity ( ( (1 + i)^ n -1 )/ i )2,000,000 = A ( ( ( 1 + 5%) ^ 35 -1 ) / 5%)2,000,000 = A ( (1.05^35 -1 )/5%)2,000,000 = A (90.3203074)A = 2,000,000/90.3203074Hence A = $22,143.Learn more about the to live.
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What is the difference between gross pay and net pay?
Answers
Distinguish between small and large office.
Answers
Answer:
A small office is usually found in a small organisation because the volume of clerical activities is small. An example of a large office is a bank. A factory could also be an example of a large office if it has more than ten people working in it. In a large office, work is divided among the many clerical workers.
(C)What roles do social media platforms play in the buying process?
Answers
Explanation:
Social Media is a multipurpose platform. Many online sellers use social media, because it transmit there business much faster and reaches more clients. It is useful in the buying process of customers, for it is efficient, faster and easier than going to stores.
Name any three (3) tests that Hornbill Holdings can use to assess the graduates
Answers
Three tests that can be used to assess graduates include:
Skills and knowledge psychometric tests. Ability and aptitude psychometric tests. Personality tests. What are some tests that can be used to test graduates?A skills and knowledge psychometric test will allow Hornbill Holdings to find out how knowledgeable a graduate is in their industry and its processes.
They can also use an ability and aptitude test to find out how adaptive the graduate is to new situations.
Personality tests can then find out if the graduate has the right type of personality for the culture at Hornbill Holdings.
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Freida bought an arcade gaming system with a sticker price of $2500. She received an installment loan and will pay $150 per month for 2 years. When the loan has been paid in full, how much will Freida have paid for the arcade system?
Answers
Answer:3600
Explanation:
When the loan has been paid in full, $3600 will Freida have paid for the arcade system.
To figure out how much Freida spent for the arcade system, multiply the amount she paid each month by the number of days in two years, which is 24.
number of months in 2 years = 12 + 12
number of months in 2 years = 24
will pay $150 per month
$150 × 24 = $3600.
When the loan is paid in full, the arcade equipment will cost $3600.
As a result, the significance of the Freida have paid for the arcade system are the aforementioned.
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1. Income Tax Payable
Answers
Answer:
Income Tax Payable is the amount of tax that the company owes, and that it plans to pay within the next year. Income Tax Payable is shown under the current liabilities section of the Balance Sheet.
Tax liabilities that are planned to be paid in more than a year are listed in a separate account under the Long-Term Liabilities section of the Balance Sheet.
what is the purpose of IDP
Answers
The basic purpose of IDP is to assist the employees in their career and personal development.
What do you mean by purpose?The purpose means the reason for which something can be done or created.
The basic purpose of IDP is to help employees for reaching short and long-term career goals as well as to improve their current job performance.
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You deposit $1,800 at the end of each year into an account paying 10.6 percent interest.
a. How much money will you have in the account in 16 years?
Answers
Answer:
4852.80
Explanation:
1800×10.6%= 190.80 / year
190.80 × 16 years = 3052.80
3052.80 + 1800=
4852.80
What are the list of countries that have not adopted IFRS?
Answers
Answer:
The U.S., China, Egypt, Bolivia, Guinea-Bissau, Macao and Niger don't allow their domestic publicly traded companies to use International Financial Reporting Standards.
Explanation:
PLEASE HELP! URGENT!
What is the maturity date of a 186-day note dated July 22ND ?
Answers
Answer:
November 24, 2008
Explanation:
if this is helpful... give me brainliest (pls) when possible
How many kalamata olives come on a whole salad? Enter the exact number.
Answers
Answer: 5
Explanation:
put 7 cuz he said and got it wrong. it told me 5
what are multiple ways a company can hold a competitive advantage over another company like apple or samsung.
Answers
Answer: here you go
Explanation:
There are multiple ways a company can hold a competitive advantage over other companies like Apple or Samsung. Here are some common strategies:
Product Differentiation: Offering unique features, designs, or functionalities in products or services that differentiate the company from competitors. This can include innovative technology, superior quality, or exclusive features.
Branding and Reputation: Building a strong brand identity and reputation in the market. A positive brand image can attract customers and create a sense of trust and loyalty.
Cost Leadership: Implementing efficient processes, economies of scale, and cost-effective operations to offer products or services at a lower price than competitors. This strategy aims to attract price-conscious customers.
Customer Service and Support: Providing exceptional customer service, timely support, and personalized experiences to enhance customer satisfaction. Building strong customer relationships can result in customer loyalty and repeat business.
Innovation and Research & Development: Investing in continuous research and development efforts to bring new and improved products or services to the market. Staying ahead of the competition through innovation can create a significant competitive advantage.
Supply Chain Management: Developing efficient supply chain networks to ensure timely delivery, cost-effective sourcing, and quality control. Streamlining the supply chain can result in cost savings and faster response times.
Marketing and Advertising: Implementing effective marketing and advertising strategies to create brand awareness, reach target audiences, and influence customer purchasing decisions.
Intellectual Property and Patents: Owning valuable intellectual property rights, such as patents, copyrights, or trademarks, that provide legal protection and prevent competitors from copying or replicating products or technologies.
Strategic Alliances and Partnerships: Collaborating with other companies, suppliers, or distributors to leverage complementary strengths, expand market reach, or gain access to new technologies or resources.
Talent and Human Resources: Attracting and retaining top talent, fostering a culture of innovation and excellence, and providing opportunities for employee growth and development. Skilled and motivated employees can contribute to a competitive advantage.
It's important to note that competitive advantages may vary depending on the industry, market dynamics, and specific business strategies. Companies often employ a combination of these strategies to differentiate themselves and gain an edge over their competitors.
Answer:
Explanation:
some information on how a company can hold a competitive advantage over another company like Apple or Samsung.
Innovation: Companies that are innovative and constantly come up with new products and services have a competitive advantage over their competitors. Apple, for example, is known for its innovative products like the iPhone and iPad.
Branding: A strong brand image can give a company a competitive advantage. Apple and Samsung are both well-known brands that have a loyal customer base.
Cost leadership: Companies that can produce goods at a lower cost than their competitors can offer lower prices to customers, giving them a competitive advantage. This is a strategy that companies like Walmart and Amazon use.
Customer service: Companies that provide excellent customer service can differentiate themselves from their competitors. This is an area where companies like Zappos and Nordstrom excel.
Distribution channels: Companies that have efficient distribution channels can get their products to customers faster and more efficiently than their competitors. Amazon, for example, has a vast distribution network that allows it to offer fast and reliable shipping to customers.
Overall, there are many ways a company can hold a competitive advantage over another company. It often comes down to finding a unique value proposition that sets them apart from their competitors.
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What is an alternative plan?
A) Deadline
B) Plan
C) Inventory
D) Contingency Plan
Answers
Explanation
alternative plan means a plan of reorganization (other than the Plan) that does not include Investor and/or funds managed by Investor as the sole new money underwriter.
ANSWER
PLAN
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