GradePack

    • Home
    • Blog
Skip to content
bg
bg
bg
bg

GradePack

Which of the following organisms is a Gram positive coccus?

Which of the following organisms is a Gram positive coccus?

Read Details

What are infections that was not present prior to the patien…

What are infections that was not present prior to the patient being admitted to the hospital, but occurring within 72 hours after admission called?

Read Details

You want to save money to meet two goals. First, you are cu…

You want to save money to meet two goals. First, you are currently 25 years old and aim to retire in 40 years (at the age of 65), with a plan to secure a retirement income of $100,000 annually for 25 years (i.e., withdrawals from your retirement account). You will make your first withdrawal 41 years from now, and your final withdrawal will occur 65 years from today, when you are 90 years old. Second, you plan to travel to Europe 45 years from now, which is five years after your retirement. For this trip, you will need an additional $30,000 that year, in addition to the regular $100,000 retirement income. Two years before retiring (38 years from now), you plan to relocate to your vacation home and sell your primary residence, which you anticipate selling for $110,000. The proceeds from this sale will be deposited into your retirement account and used to cover your retirement expenses. (25 points) If you can earn a 12% Effective Annual Rate (EAR) in your retirement account, which corresponds to a 12% Annual Percentage Rate (APR) compounded annually (m=1), how much would you need to save annually over the next 40 years? Assume your first savings contribution starts one year from now, and your final contribution will be in the 40th year, with the contribution amount being the same each year. (5 points) Now, suppose you opt for quarterly contributions to achieve your retirement goals, starting with your first savings installment one quarter from today. You plan to save an equal amount every quarter. To meet your goals, how much do you need to save each quarter over the next 40 years? Your final contribution will be made at the end of the 40th year, which corresponds to 160 quarters from now. Assume you can earn 12% EAR (which corresponds to a 12% APR compounded annually) in your retirement account. Show your work. 

Read Details

The Pedernales Company buys tents for $140 and sells them fo…

The Pedernales Company buys tents for $140 and sells them for $260 each; the company has the following sales forecast: August 200 units, September 280 units and October 310 units. Ending inventory for each month should be 20% of the next month’s sales. The company had 36 units on hand on August 1st. What total dollar amount would appear on the company’s sales budget for August?

Read Details

The Guadalupe Corporation recently manufactured inventory an…

The Guadalupe Corporation recently manufactured inventory and had the following costs: Direct labor wages $6,100 Administrative salaries $8,000 Variable overhead $2,700 Direct materials $8,600 Utility costs $2,800 Administrative rent $4,300 when the company produced 2,000 units.  What is the company’s variable cost per unit?  Round your final answer to two decimal places.

Read Details

Which of the following could be included in the retained ear…

Which of the following could be included in the retained earnings column when preparing a tabular analysis? Expenses [response1] Dividends [response2] Cash [response3] Revenues [response4]

Read Details

A company decides to make all sales on account and experienc…

A company decides to make all sales on account and experience shows that 40% of sales are collected in the month of the sale and 60% in the month after the sale; which of the following budgets will be impacted by the decision? Sales [response1] Balance sheet [response2] Income statement [response3] Purchases [response4] Cash [response5]

Read Details

Wages for a factory cleaning crew would be considered a(n) […

Wages for a factory cleaning crew would be considered a(n) [response1] cost as well as a [response2] cost.

Read Details

The Blanco Company began operations this year and reported t…

The Blanco Company began operations this year and reported the following at the end of the year: Cash 8,200 Inventory 6,650 Accounts receivable 340 Common stock 8,400 Equipment 23,900 Advertising expense 560 Rent expense 850 Revenue 28,900 Notes payable 9,400 Payroll expense 6,200 What is the company’s total equity?

Read Details

Which of the following would be considered an asset? Buil…

Which of the following would be considered an asset? Building [response1] Dividends [response2] Accounts receivable [response3] Retained earnings [response4]

Read Details

Posts pagination

Newer posts 1 … 14 15 16 17 18 … 78,648 Older posts

GradePack

  • Privacy Policy
  • Terms of Service
Top