&Your parents are planning to set a trust fund for you when you become 18 years old. They want you to receive on your 18 anniversary 3 million. You are now 8 years old. How much should they save each year if the interest rate is 7% month?

Q: 7) What is an ESOP? What are the characteristics and rules of an ESOP plan?

A: ESOP stands for Employee Stock Ownership Plan. It is a kind of employee benefit plan that gives the…

Q: pecia

A: Special Journals – Definition Special journals are those that are designed to handle certain…

Q: 0. 00000

A: Please feel free to ask any questions you have, and I'll do my best to provide you with the…

Q: How do i do EX 12-3 & EX 12-4

A: Common stock:   These are the ordinary shares that a corporation issues to the investors in order to…

Q: Yuduryhej rjj

A: feel free to ask me any question within my capacity and I'm willing to help.

Q: Bnmm

A: Accounting system refers to the set of the processes of accounting which is integrated with the…

Q: 5. What information is shown on a W-2 statement?

A: W-2 is very important for paying the taxes and preparing the the income tax return and it is…

Q: E11.18

A: Annual Interest on Bonds = Face value of bonds x rate of interest x year = 2400000*7%*1 year  =…

Q: Discuss the different types of risks at risk management?

A: Events can have negative impact, positive impact, or both. Events with a negative impactrepresent…

Q: EX.09.14

A: Meaning of Capital Expenditure: Capital expenditures (CapEx) are funds used by a company to acquire,…

Q: THE SMITH COMPANY Using the business transactions below, complete T-accounts for the Smith Company.…

A: T Accounts    1. Cash Account Particular Debit Particular Credit         To capital A/c…

Q: Using the information below, compute the raw materials inventory turnover Raw materials used…

A: An inventory turnover ratio is a type of financial ratio that shows the efficiency of a company in…

Q: Concord Corporation's charter authorized issuance of 96,000 shares of $10 par value common stock and…

A: The company issues either common shares or preferred shares. When the company issues these shares…

Q: section 1231 summary

A: Tax is the liability which has to be paid by the individual and the corporation to the Federal…

Q: Question 10 Listen Based on the piecewise function given below, what is f(2)? x², x≤ -5 f(x)=x+3,…

A: Step 1:

Q: 88 MULTIPLE CHOICE Question 7 Listen What is the inverse of the one-to-one function? A f¹(x) = x-5 3…

A: Step 1: SolutionGiven function: f(x)=3x+5We have to find what is the inverse of the one-to-one…

Q: explain the the benifts of IFRS9

A: The international financial reporting standard 9 is generally specifying how a particular…

Q: Can solve question 4 to 7?

A: Salary of the Darnell Johnson = 63500Contribution by his employer toward the retirement plan = 6% of…

Q: Financial capital projects from loans over a long period of time forces the present abd future users…

A: Financial capital project: A financial capital project is one that contributes to the upkeep or…

Q: What is WACC

A: Weighted average cost of capital(WACC) is the average cost of several source of financing. It is…

Q: AS36

A: The core principle in IAS 36 is that an asset must not be carried in the financial statements at…

Q: is the right answer 7.38

A: Let 100 be the value of Ne Zealand dollar Value of US dollar = 140 Value after inflation in New…

Q: E15.11

A: As posted multiple sub parts questions we are answering only first three sub parts kindly repost the…

Q: Question 8

A: When net credit sales is divided with average accounts receivable it results in receivable turnover…

Q: How do I do PR 20-3a

A: Sales revenue: It is the revenue earned by a business on selling the goods or providing services to…

Q: Obj. 6 Specialty Auto Racing Inc. retails racing products for BMWS, Porsches, and Ferraris. The fol-…

A: Hey, Since there are multiple questions posted, we will answer first question. If you want any…

Q: E11.5

A: Face value of bonds outstanding on December 31, 2020 = Total Beginning Balance of Bonds Payable -…

Q: Explanation 1031 like-kind exchange

A:

Q: All of problems 3

A:

Q: please answer question 26

A:

Q: Topic is Interests If A(t) = 100(1.1)t  Find: a. i5 b. i10 Show complete solution with explanatio

A:

Q: nkkkk

A: We can decide upon the better choice of loan by computing the future value of both the loans. Lower…

Q: customers, durilng 33. İnferring cash flows from balance sheet and income statement data. (Based on…

A: Since we answer up to 3 sub-parts, we'll answer the first 3. Please resubmit the question and…

Q: Jane Evans receives payments of $900 at the beginning of each month from a earned by the fund is…

A: Pension fund provides the pension for retirement based on the fund available interest rate and time…

Q: Which of the following value is concerned with the way we approach the end states?

A: Option a

Q: 12 jsecurity analysis is sometimes referred to Select one: O ABC analysis GBY analysis CPI analysis…

A: The security analysis is the analysis of worth of the security, the time value of security and the…

Q: 17. What are the key features of ERISA?

A: The Employee Retirement Income Security Act of 1974 (ERISA) is a federal statute that provides basic…

Q: Narrate how AIS adds value.

A: Accounting information system (AIS): An accounting information system is used for collection,…

Q: 5 examples of Riba al-Fadl

A: Riba al-Fadl is barter exchange of 2 similar commodities where either the quality or quantity is…

Q: E10.2

A: Interest accrued on June 30 = Face value of note x rate of interest  x No. of months /12 = $90,000 x…

Effective Interest Rate

The term interest rate can be defined as the amount that is charged by the lender as a percentage on the principal amount. Interest rate which is charged annually is known as annual percentage rate.