Ask question

Ask question

All categories

antiseptic1488 [7]

1 year ago

6

If your friend Raheem asks you, “What type of account should I use to save for retirement,” what advice would you tell him? (Thi

nk about the purpose of retirement accounts, retirement date, how much money you can make, etc)

1 answer:

ahrayia [7]1 year ago

6 0

i don't have any friends named raheem

You might be interested in

Joaquin is offered vocational training that will cost $3,000 but will make him eligible for a promotion. Joaquin is trying to de

lord [1]

So based on the given scenario above, I can say that the best thing Joaquin can do is to take the $3000 vocational training class since there will be more chances of promotion. And with promotions, this would also mean a larger salary over the long term. He can refund the $3000 dollars eventually. The answer would be option C.

5 0

1 year ago

Read 2 more answers

Two companies, Rothko, LLC, and Calder & Co., are racing each other to be the first to apply new deep-water drilling technol

wolverine [178]

Answer:

Consider the following calculations

Explanation:

Expected pay off of investing 1000 in Rothko,LLC= probability of getting oil stock *increase in value ofstock= .37* 63% of 1000

= .37*630= 233.1

Similarly

Expected pay off of investing 1000 in Calder & co = .63* 37% of 1000= .63* 370= 233.1

Of investing 500 in each

Expected pay off= .37 * 63% of 500 + .63* 37% of 500

= .37* 315 + .63* 185= 233.1

7 0

1 year ago

Colt Systems will have EBIT this coming year of $ 17million. It will also spend $7 million on total capital expenditures and inc

m_a_m_a [10]

Answer:

a) market value of equity 589,488,461.54

b) it can loan up to 212,500,000

c) as the liabilities provides a tax shield because, interest expense are tax deductible while dividends don't The companu find a tax incentive to take debt

Explanation:

Free Cash Flow for the firm:

17,000,000 earnings before taxes

- 7,000,000 CAPEX

+ 3,000,000 depreciation

<u>- 5,950,000</u> income tax*

7,050,000 FFCF

we solve using the gordon grow model:

7,050,000x1.087 / (0.10 - 0.087) = 589,488,461.54

<em>* </em>income tax:<em> </em>17,000,000 x 35% = 5,950,000

b) We can consider the income as the installment of a perpetuity

17,000,000 / 0.08 = 212,500,000

8 0

1 year ago

Curtis invests $250,000 in a city of Athens bond that pays 7 percent interest. Alternatively, Curtis could have invested the $25

Anna11 [10]

Answer:

7%

Explanation:

Interest income if Curtis invested

250,000 x 9% = 22,500

After tax interest income = 22,500 - (22,500 x 24%)

= 17,100

After tax rate of return = 17,100/250000

0.068

Approximately 7%

7 0

1 year ago

Read 2 more answers

A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated i

mylen [45]

Answer: A. A QR code that is scanned and decodes information directly on the phone

Explanation:

This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.

Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.

5 0

1 year ago