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DochEvi [55]
2 years ago
13

You are 50 years old and proud of having $75,000 invested in a mutual fund earning an impressive 17% per year. you want to retir

e when you are 65 years old and are confident you’ll reach your goal of $1,000,000 by then. will you make it? if not, what yield would see that you do?
Business
1 answer:
shtirl [24]2 years ago
8 0
I am really not sure but i will be honest with you i would have to say yes he will make it but if he don't he could always ask for a raise to make his goal
You might be interested in
A recent income statement of McClennon Corporation reported the following data:
arsen [322]

Answer:

The correct answer is option b.

Explanation:

The number of units of output sold is 8,000 .

The sales revenue is $9,600,000 .

The variable costs are $6,000,000 .

The fixed costs are $2,600,000.

The price of the product

= \frac{Sales\ Revenue}{Q}

= \frac{9,600,000}{8,000}

= $1,200

The average variable cost is

= \frac{TVC}{Q}

= \frac{6,000,000}{8,000}

= $750

Profit =  TR - TC

Profit = Price\ \times\ Q - (AVC\ \times\ Q )\ +\ TFC)

$1,270,000 = $1,200Q - $750Q - $2,600,000

$3,870,000 = $450Q

Q = \frac{3,870,000}{450}

Q = 8,600 units

7 0
2 years ago
Human Resources Manager, Claire must inform Anthony that company job changes will require him to seek retraining or lose his pos
crimeas [40]

Answer:

a. a face-to-face conversation.

Explanation:

According to my research on human resources procedures, I can say that based on the information provided within the question the best way for Claire to deliver this message would be through a face-to-face conversation. This is because any news important news regarding to or affecting an individuals job should be delivered in person in order for the individual to ask questions and not misinterpret the information, as well as provide some peace of mind by providing answers to any questions they may have.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
2 years ago
Explain the steps that should be taken by an internal accountant/CMA when there is a difference of opinion with one's supervisor
Firdavs [7]

Answer:

1. Understand difference in the reporting manner for Management Accountants and Financial Accountants.

2. Refer to Company policy documents and International Reporting Standards to clearly expose the difference.

3. Consult with other co-workers on who the information is intended and agree on whose opinion to base the reporting.

Explanation:

Management Accountants or CMA prepare Financial Statements for Management use and there are no Statotory or Strict guidelines on how these  statements are prepared.

Whilst Financial Accountants prepare Financial Statements for External reporting and have to abide by the Reporting Standards (either GAAP or IFRS).

So, they will be always be differences in the manner of reporting.

The solution is to understand the user of those statements that are being prepared and <em>take the opinion that meets those users needs</em>.

6 0
2 years ago
Gentry Inc. purchased 90% of Gaspard Farms on January 5, 2019. During 2019, Gentry sold Gaspard Farms for $650,000 goods which h
Wewaii [24]

Answer:

$5572500

Explanation:

consolidated cost of goods sold for 2020 would be:

consolidated cost of goods sold = ( total of goods sold by bought company ) - ( intra-entity transfer ) + ( ending unrealized gross profit ) - ( beginning unrealized gross profit )

= ( 5400000 + 1200000 ) - ( 1000000 )+(1000000*20%)*20% - {(650000*15%)*(450000/650000)}

= 6600000 - 1040000 - ( 97500 * 45/65 )

= $5572500

3 0
2 years ago
How do the subheadings under "after high school" contribute to the organization of "career planning for high schoolers."? by inf
Delicious77 [7]

I believe the answer is: by informing readers of the education options being described

By putting the phrase  "After high schools" ,  readers would know that the information that being put below the phrase would include the set of options/paths that can be done after graduation. In most career planning forms, it would contain information regarding college, scholarships, and the type of careers that can be taken with current high school diploma.

3 0
2 years ago
Read 2 more answers
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