Retirement planning Personal Finance Problem Hal Thomas, a 35-year-old college graduate, wishes to retire at age 60. To supplement other sources of retirement income, he can deposit $2,200 each year into a tax-deferred individual retirement arrangement (IRA). The IRA will earn a return of 12% over the next 25 years. a. If Hal makes end-of-year $2,200 deposits into the IRA, how much will he have accumulated in 25 years when he turns 60? b. If Hal decides to wait until age 45 to begin making end-of-year $2,200 deposits into the IRA, how much will he have accumulated when he retires 15 years later? c. Using your findings in parts a and b, discuss the impact of delaying deposits into the IRA for 10 years (age 35 to age 45) on the amount accumulated by the end of Hal's 60th year. d. Rework parts a, b, and c assuming that Hal makes all deposits at the beginning, rather than the end, of each year. Discuss the effect of beginning-of-year deposits on the future value accumulated by the end of Hal's 60 th year. a. If Hal makes annual end-of-year $2,200 deposits into the IRA, the amount he will have accumulated by the end of his 60th year is $ (Round to the nearest cent.)

Answers

Answer 1

If Hal makes annual end-of-year $2,200 deposits into his IRA with a 12% return over 25 years, he will accumulate approximately $491,224.40 by the end of his 60th year.

In part a, if Hal makes annual end-of-year $2,200 deposits into the IRA for 25 years, we can calculate the future value of these deposits using the formula for the future value of an ordinary annuity:

Future Value = Deposit Amount × [(1 + Interest Rate)^Number of Periods - 1] / Interest Rate

Plugging in the values, we get:

Future Value = $2,200 × [(1 + 0.12)^25 - 1] / 0.12 = $327,312

Therefore, by the time Hal reaches 60, he will have accumulated approximately $327,312.

In part b, if Hal delays his deposits until age 45 and makes annual end-of-year $2,200 deposits for 15 years, the future value calculation changes:

Future Value = $2,200 × [(1 + 0.12)^15 - 1] / 0.12 = $77,709

Hence, if Hal waits until age 45 to start making deposits, he will accumulate approximately $77,709 by the time he retires.

In part c, the impact of delaying deposits for 10 years is evident from the significant difference in the accumulated amount. By waiting until age 45 instead of starting at age 35, Hal's retirement savings would be reduced by a substantial amount, from $327,312 to $77,709.

In part d, assuming all deposits are made at the beginning of the year, the calculations for parts a and b change slightly. However, the impact of beginning-of-year deposits on the future value is not mentioned in the problem statement.

To provide an answer for part d, we would need to know the interest compounding period (e.g., annually, semi-annually, quarterly) and apply the appropriate formula accordingly.

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Related Questions

A 3rd degree burn has burnt only part of the epidermis. the epidermis only. the epidermis and dermis. the epidermis and part of the dermis.

Answers

A 3rd degree burn has burnt the epidermis and part of the dermis. Option 3 is the correct answer.

A 3rd degree burn is a severe burn that extends through the entire thickness of the skin. In a 3rd degree burn, the epidermis, which is the outermost layer of the skin, and part of the dermis, which is the layer beneath the epidermis, are affected. This type of burn destroys the full thickness of the epidermis and can extend into the deeper layers of the dermis.

The epidermis serves as a protective barrier for the body, preventing the entry of harmful substances and pathogens. It also helps regulate body temperature and plays a role in the production of vitamin D. The dermis provides structural support, contains blood vessels, nerve endings, sweat glands, and hair follicles.

Due to the severity of the injury, 3rd degree burns often require medical intervention and specialized treatment. They can result in extensive tissue damage, loss of sensation, and impaired healing. Treatment may involve surgical interventions, such as skin grafting, to promote healing and minimize the risk of infection. Rehabilitation and long-term care are often necessary to manage the physical and psychological effects of a 3rd degree burn.

Hence, option 3 is the right choice.

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Which of the following statements is true about language? Multiple Choice It includes factors that focus primarily on group influences. It is considered to be a situational factor that is the primary driver of consumer behavior. It is time-sensitive and has a profound effect on the consumer buying process. It is an essential cultural building block. It includes principles shared by a society that assert positive ideals.

Answers

It is an essential cultural building block, encompassing principles shared by a society that assert positive ideals and influences the consumer buying process through its time-sensitive nature.

Language plays a crucial role in communication and is a fundamental aspect of human culture. It serves as a means of expressing thoughts, ideas, emotions, and information among individuals within a society. Language not only facilitates communication but also contributes to the formation and transmission of cultural values, beliefs, and norms.

Through language, individuals within a society share and understand common principles, ideals, and shared meanings. It enables the preservation and transmission of knowledge, traditions, and cultural heritage from one generation to another. Language reflects the collective identity and cultural identity of a group or community.

Moreover, language is not only a tool for communication but also shapes our thinking, perception, and understanding of the world around us. It influences the way we interpret and comprehend information, and it can have a profound effect on our attitudes, behaviors, and decision-making processes.

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Out of the given statements, the one that is true about language is that it is an essential cultural building block. Language plays a crucial role in shaping and preserving a culture.

It is through language that cultural values, beliefs, and traditions are transmitted across generations. Language helps to define a community's identity and allows its members to communicate and express themselves.

Language enables individuals to understand and interpret the world around them. It provides a framework for communication, allowing people to convey their thoughts, emotions, and ideas. Through language, individuals can connect with others, share experiences, and build relationships.

Moreover, language reflects the social and historical context of a culture. It evolves over time, adapting to changes in society and incorporating new words and expressions. Different languages have unique structures, vocabularies, and grammatical rules, which contribute to the diversity of human communication.

In summary, language is an essential cultural building block that shapes identity, facilitates communication, and reflects the values and traditions of a community. It plays a fundamental role in human interaction and understanding.

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PLEASE ANSWER QUICKLY
What does the FLSA prescribe?
A.
regular audits of a company’s financial accounts
B.
employment of people with disabilities
C.
standards for the basic minimum wage and overtime pay
D.
granting paid leaves to individuals to practice religious beliefs

Answers

Answer:

C.

standards for the basic minimum wage and overtime pay

Explanation:

Hope this helps you

Pls mark me the brainliest

Answer:

C.

standards for the basic minimum wage and overtime pay

Explanation:

Correct on Edmentum

Type the correct answer in the box.

Lois is planning to raise funds for her new business venture. Which factor of production is she working toward?


Lois is planning to raise funds for her new business venture. She is working toward satisfying the __________ factor of production.

Answers

Answer:

Capital

Explanation:

Factor of production are defined as resources or input that are used in production process to get output.

The factors of production includes land, labour, and capital.

Although these are not part of the final product , they facilitate production.

In the given scenario Louis is planning to raise funds for her new business venture.

This is an activity aimed at raising capital for the business.

Capital is a sum of money that is used to start or run a business.

Answer:

The capital factor of production.

Explanation:

the time limit an individual has to "rollover" funds from an ira or qualified plan is

Answers

The time limit an individual has to rollover funds from an IRA or qualified plan is 60 days. If the funds are not rolled over within this timeframe, the distribution may be treated as taxable income and may also be subject to a 10% early withdrawal penalty if the individual is under 59.5 years old.

The time limit an individual has to rollover funds from an IRA or qualified plan is 60 days. This means that after withdrawing funds from an IRA or qualified plan, an individual has 60 days to deposit those funds into another IRA or qualified plan to avoid penalty fees and taxes.

It's important to note that this time limit is non-negotiable and cannot be extended. Therefore, individuals should plan carefully to ensure they have enough time and funds to complete the rollover within the 60-day limit.

It's always advisable to seek guidance from a financial advisor to ensure proper planning and execution of any financial transactions involving retirement funds.

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Why should a society be careful in using its natural resources

Answers

Answer:

... because natural resources are limited in quantity, and once they are depleted, they are gone forever.

Explanation:

What do you mean by ECONOMIC ​

Answers

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services.

Which action will most improve a workers attitude

Answers

Answer:

to always

Explanation:

smile and be on there best behavior

Answer:

be a responsible worker

Tom, the manager and owner of a small company, believes in the signaling theory of education, not the human capital theory. As such, we would expect Tom not to offer which of the following company benefits?

Answers

If Tom embraces the signaling theory of education, we would expect him not to offer extensive training programs, tuition reimbursement, or educational assistance since he believes that education credentials already serve as effective signals of employee ability.

If Tom, the manager and owner of a small company, believes in the signaling theory of education rather than the human capital theory, we would expect him not to offer certain company benefits that are typically associated with the human capital theory.

The signaling theory suggests that education credentials serve as signals of employee ability rather than as a means to acquire specific skills or knowledge.

One benefit that Tom may not prioritize is extensive training programs. The human capital theory emphasizes investing in employee training and development to enhance their skills, knowledge, and productivity.

However, if Tom favors the signaling theory, he may view extensive training programs as unnecessary since he believes that education credentials already serve as sufficient signals of employee ability.

Additionally, Tom may not place a strong emphasis on offering tuition reimbursement programs or educational assistance. These benefits are typically provided under the assumption that employees will gain new knowledge and skills through education, which can be applied to their work.

Since Tom believes in the signaling theory, he may not see the need to support employees' further education, as he considers their existing educational credentials as reliable signals of their ability.

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Supply shocks always cause short-run aggregate supply to
A. Remain unchanged in both the short run and the long run
B. decrease in both the short run and long run
C. Decrease in the short run and increase in the long run
D. Increase in both the short run and long run
E. Return to its original position in the long run.

Answers

Answer: The correct answer is C. Decrease in the short run and increase in the long run.

Explanation: Supply shocks are unexpected events that disrupt the production or availability of goods and services in an economy. These shocks can be caused by factors such as natural disasters, changes in resource prices, technological advancements, or government regulations.

In the short run, when a negative supply shock occurs, it leads to a decrease in the short-run aggregate supply (SRAS) curve. This is because the shock disrupts production, causing a decrease in output and an increase in input costs. As a result, prices tend to rise, leading to a decrease in real GDP and a decrease in the quantity of goods and services supplied in the short run.

However, in the long run, the economy has the ability to adjust to the supply shock. Over time, firms can adapt to new conditions, make technological advancements, and adjust their production processes. As a result, the SRAS curve can shift back to its original position or even increase beyond it, indicating an increase in potential output.

Therefore, supply shocks typically cause a decrease in short-run aggregate supply in the short run but can lead to an increase in the long-run aggregate supply as the economy adjusts to the shock.

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According to the OOH, what educational, training, certification, or licensing requirements do Physicians and Surgeons need? Check all that apply.

medical school
volunteer work
internship and residency program
a public-speaking certification
license

Answers

Answer:

There are actually 3 answers to this question.

A. medical work

C. internship and residency program

E. license

Hope this helps :)

Explanation:

The U.S. Bureau of Labor Statistics, the educational, training, certification, or licensing requirements for Physicians and Surgeons include:

Medical school:

Internship and residency program

License

The correct options are A, C, and E.

What is the difference between being a licensed and certified PA?

Even while some jurisdictions define certification as having governmental authorization to perform a profession, the distinction between licensing and certification really only refers to the difference between governmental regulation and self-regulation of a field.

Physicians and Surgeons typically need a Doctor of Medicine (M.D.) or Doctor of Osteopathic Medicine (D.O.) degree from an accredited medical school.  After completing medical school, physicians and surgeons typically complete an internship and residency program that lasts 3 to 7 years, depending on the specialty.

Physicians and Surgeons must be licensed in the state where they practice medicine. To obtain a license, they must pass a state-specific exam and meet other requirements, such as completing continuing education courses.

Thus, the ideal selections are options A, C, and E.

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influences of Business environment,​

Answers

Factors that Influence the business environment are :

Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment

The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.

Importance of business environment:

Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.

The economic environment is all the things that create an economic impact on the firm.

The social environment is all the traditions and customs of the society that creates an impact on the firm.

The technological environment is all the impact on the firm caused due to new technology and upgradations.

The political environment is the conditions and behavior that the elected representatives hold toward the business

The legal environment is entirely based on the rules and legislation of the authorities.

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Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $5 each. At the end of the day she is disappointed that she only sold three cupcakes.


This market model is in a [______]? (this is an economics question but I can't choose that as a subject..)

Answers

The situation described refers to an economic imbalance.

Economic imbalance is an economic term that refers to:

The scenarios in which an economy does not show an equilibrium between two magnitudes that belong to it. For example:

The economic imbalance commonly occurs when the supply of a product or service and its demand are not balanced, on the contrary, they suffer variations that alter the market equilibrium.

According to the above, Georgina experienced this phenomenon (economic imbalance) with her idea of selling cupcakes at her school because the supply (12 cupcakes) greatly exceeded the demand for cupcakes from her schoolmates (3 cupcakes).

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One morning, you decide to go to garage sales to look for some nice furniture for your 5 year old daughter’s bedroom. At one house, you find a very nice dresser set marked for $140. You know this is a heck of a deal because similar dresser sets go for about $800 brand new. The main problem is that your wife may not like the color of the furniture so you can’t buy it without her approval. You have forgot your phone, so you need to go quickly to your house to pick up your wife so she can see the furniture. Your primary concern is that the owner might sell the furniture before you can get back. What could you possibly do to control this situation and buy the furniture if you wife approves

Answers

Answer:

Ask the owner to reserve it, or just buy it and repaint it if your wife doesnt like it. worse case scenario you can resell it for more than its worth

Explanation:

Answer:

Ask the owner if they can hold it for you and go get the wife. Its important to get the wife...happy wife. happy life.


How does inflation affect starndard of? ​

Answers

Answer:

Inflation affects your standard of living because it can reduce your spending power. ... Wage earners experience the same problem if wages stay flat or if inflation outpaces wage increases. You avoid the ravages of inflation if your income level rises at a pace that exceeds the rate of inflation

Explanation:

Imagine there are two nations: the United States and England, and two goods: coffee mugs and encyclopedias. The United States has absolute advantage in both coffee mugs and encyclopedias. Given this, is the following statement true or false? The United States would want to specialize in a good and trade with England because it will lead to more production both goods and their PPF will move outward. Select the correct answer below: True O False QUESTION 23 1 POINT Intra-industry trade is Select the correct answer below: the trade of products from different industries the trade of products across continents the trade of similar products belonging to the same industry the trade with countries for which there is embargon QUESTION 241 POINT Which of the following best identifies with the goals the World Trade Organization (WTO) set out to accomplish? Select the correct answer below: increasing the volume of domestic trade. lowering trade barriers making international trade less common all of the above

Answers

True Intra-industry trade is the trade of similar products belonging to the same industry. The goals of the World Trade Organization (WTO) include lowering trade barriers and increasing the volume of domestic and international trade.

What are the key principles of fair trade?

The statement "The United States would want to specialize in a good and trade with England because it will lead to more production of both goods and their PPF will move outward" is true because specialization and trade allow countries to focus on producing goods in which they have an absolute advantage, leading to increased efficiency and higher overall production. As a result, both countries can benefit from trade and experience an expansion of their production possibilities frontier (PPF), indicating an increase in the range of goods that can be produced.

Intra-industry trade refers to the trade of similar products belonging to the same industry. It involves the exchange of goods within a specific industry, such as automobiles or textiles, where countries specialize in different product varieties or quality levels.

The World Trade Organization (WTO) aims to achieve various goals, including lowering trade barriers, promoting fair trade practices, and facilitating international trade. Its primary objective is to create a more open and predictable international trading system, ensuring that trade flows smoothly, freely, and without discrimination among member countries.

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HELP PLEASE
An advartage of constructing a global portfolio is that systematic risk within a nation may be eutside the nation making the risk diversifiable. firm-specinc ternporary permanent non-systematic

Answers

One hundred word content loaded answer: Constructing a global portfolio has several advantages. One of the benefits is that systematic risk within a nation can be diversified, enabling the risk to be eliminated, unlike firm-specific risk, which is permanent and non-systematic.

Constructing a global portfolio has several advantages. One of the benefits is that systematic risk within a nation can be diversified, enabling the risk to be eliminated, unlike firm-specific risk, which is permanent and non-systematic.  An advantage of constructing a global portfolio is that the investor can hold many different asset classes and types of investments, allowing the investor to diversify and spread risk across multiple securities. By holding securities from different countries, investors may benefit from the fact that systematic risk within a nation can be diversified. As a result, the portfolio would contain less unsystematic risk. Thus, the investors will have exposure to many different industries, allowing them to benefit from the growth and development of several economies.

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Can you think of a bad decision from your own school or work experience, or from recent business or political news stories, that was made in an effort to correct or justify a past decision?

Answers

Answer:

Explanation:

Personal Experience:

One time I had to turn in an assignment for the company that I worked for which needed to be done and turned in by the end of the workday. I failed to do so due to family issues. This assignment was incredibly important and failure to turn it in would have cost the company a lot of money. So I stayed up all night and finished the assignment. I ended up breaking into the office in the middle of the night to turn it in before the boss found out. It was a bad decision since I could have gotten arrested or fired.

the purchase price of a 30-unit apartment building is $1,800,000. rent for each apartment is $1,000 monthly. vacancies are estimated to be 7%. the annual operating expenses, including reserves for replacements of $14,300, are $139,000. what is net operating income?

Answers

A 30-unit apartment complex costs $1,800,000 to purchase. Monthly rent for each flat is $1,000. An estimated 7% of positions are vacant. With reserves of $14,300 for replacements, the annual operating costs come to $139,000. Net operational income comes to $195,800.

Net operating income: What does it mean?

The profitability of an income-producing asset is measured by its net operating income, which is calculated before any financing or tax-related costs. To calculate net operating income, deduct all property-related operating expenses from all collected income (NOI).

How Much Should You Make Up in Net Operating Income?

NOI is a number rather than a percentage that takes into account a property's income and expenses. It can be contrasted to what the house would have cost overall if the entire purchase price had been made in cash. A higher net operational income to property price ratio is preferable in this scenario.

Potential gross income= ($1,000 × 30 units × 12 months)= $360,000

Vacancy at 7% = $25,200

Effective gross income= Potential gross income- Vacancy

=$360,000 - $25,200 = $334,800

Net operating income= Effective gross income - Operating expenses

= $334,800 -  $139,000= $195,800

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Which striking labor group did reagan have fired after they failed to return to work

Answers

Ronald Reagan fired the striking labor group, the Professional Air Traffic Controllers Organization (PATCO), after they failed to return to work.

The Professional Air Traffic Controllers Organization (PATCO) was the strikers labor union that Ronald Reagan had fired when they didn't show up for work. PATCO went on strike in 1981 to press for increased pay and better working conditions. The air traffic controllers were given a 48-hour deadline to report back to work or risk being fired by Reagan, who saw the strike as unconstitutional and a danger to the public's safety.

Reagan threatened to fire more than 11,000 air traffic controllers who were on strike and when they refused, he made good on his word. The labor movement was significantly impacted by this action which also established a standard for handling public sector strikes.

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Gretchen is preparing a sales presentation for the executive team. What organizational structure is she MOST likely to use?

A)keynote
B)myth-buster
C)theme by theme
D)problem to solution

Answers

Answer: D)problem to solution

Explanation:

If you are interviewed by more than one person, you should send a thank-you note to _____.


each person in the interview

each person you see in the building

the first person you are introduced to

the person who is obviously leading the interview

Answers

Answer:

option A is correct.

i.e.

each person in the interview.

Explanation:

Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.

which incident inspired Aaitaman?

Answers

Answer:

you can search either in Google or brainly and then you will have the answer

One day, he was going to school. He had to walk on the terrace of field.
He was walking on the terrace. He saw a small round insect carrying food
and climbing up the terrace. When the insect was about to reach the top
of terrace, it fell down. But the insect didn’t give up. It again tried to climb up. It was again about to reach the top, it again fell down as the first time. It
was still not discouraged So it tried for third attempt and was able to reach
the top carrying the food and it took into the hole where it used to live.
Though the incident was minor, it had a great impact on Aaitaman

true or false? a market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.

Answers

A market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.

The above statement is true

What do you mean by market-share pricing objective?

Sales-oriented pricing goals try to increase sales or market share. A volume growth is assessed in relation to a company's own sales across particular time frames. A company's market share compares its revenues to those of other businesses in the same sector.For every business, the goal of pricing is to establish a price that is fair to both consumers and the producer in order for both to thrive in the market.The goal of a marketing plan is to have a clear path to follow in order to acquire new clients, improve connections with existing clients and consumers, boost sales, increase retention, and raise brand awareness.

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economic models are built with group of answer choices recommendations concerning public policies. facts about the legal system. assumptions. statistical forecasts.

Answers

Assumptions are used when creating economic models.

assuming a new role, claiming something as one's own, or taking it upon oneself are all examples of taking to or onto oneself. They base their arguments on four fundamental premises: ontological, epistemological, axiological, and methodological. Making assumptions is one strategy our brain uses to conserve energy. We look for patterns in the way the world operates by drawing from our prior assumptions. We adapt these patterns—or presumptions—to novel circumstances when we come upon them. An economic models is a condensed representation of reality that produces testable economic behavior hypotheses. Because there are no precise indicators of economic results, a fundamental characteristic of economic models is that its design must necessarily be subjective.

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Which type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost?.

Answers

The  type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost is: Private Fee-for-Service (PFFS), Medicare Supplement Insurance Plan.

What is medicare advantage plan?

Medicare advantage plan  can be defined as a health insurance coverage plan that help to cover the medical costs of people under the plan.

The  type of Medicare advantage plan that also covers some benefits out-of-network are:

Private Fee-for-Service (PFFS)Medicare Supplement Insurance PlanPreferred Provider Organization (PPO)Point-of-Service (POS) Plan(right)

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the following data is available for box corporation at december 31, 2019: common stock, par $10 (authorized 30,000 shares) $250,000 treasury stock (at cost $15 per share) $ 1,200 based on the data, how many shares of common stock are outstanding? 30,000. 25,000. 29,920. 24,920.

Answers

There are 25,000 shares of common stock outstanding.

25,000 actually issued out of the 30,000 authorized.

Solution:

The computation of the issue of common stock is shown below:

= (Value of shares) ÷ (par value of shares)

=  ($250,000) ÷  $10

= 25,000 shares

Common stock is a type of tradable asset or security that represents ownership of a company. If you own a company's common stock, you have the right to vote on company policies, board decisions, and more. Common stock is just one type of stock that trades on public exchanges. Preferred shares do not give shareholders voting rights, while common shares do.

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Explain the conceptual connections between goodwill, duty, and the categorical imperative.

Answers

The conceptual connections between goodwill, duty and categorical imperative refer to the theory of Transcendental Idealism developed by Imannuel Kant. According to him, the Categorical Imperative corresponds to the way individuals evaluate moral actions and make moral judgments.

Categorical imperative and duty

The relationship between them occurs according to the theory of goodwill, which relates to human intention and will, which must be to act in accordance with reason to determine the right, which is the duty of individuals.

Therefore, according to Kant, moral law must satisfy the precepts of being universal, impartial and rational, which can be learned by the cognitive processes of human beings.

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Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars): 2021 Current assets Net fixed assets $1,400 2,600 $4,000 Total assets $ 600 200 1,350 250 Accounts payable and accruals Short-term debt Long-term debt Preferred stock (10,000 shares) Common stock (40,000 shares) Retained earnings Total common equity Total liabilities and equity 775 825 $1,600 $4,000 Skye's earnings per share last year were $2. 60. The common stock sells for $45. 00, last year's dividend (Do) was $1. 90, and a flotation cost of 11% would be required to sell new common stock. Security analysts are projecting that the common dividend will grow at an annual rate of 10%. Skye's preferred stock pays a dividend of $2. 70 per share, and its preferred stock sells for $30. 00 per share. The firm's before-tax cost of debt is 9%, and its marginal tax rate is 25%. The firm's currently outstanding 9% annual coupon rate, long-term debt sells at par value. The market risk premium is 5%, the risk-free rate is 6%, and Skye's beta is 1. 612. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals $1. 55 million

Answers

The growth rate of dividends: is  0.0513 or 5

Total common equity = Common stock + Retained earnings

Total common equity = 40,000 shares * $45 per share + $825,000

Total common equity = $2,025,000

Calculate the cost of common equity using the CAPM model:

RCE = RF + β × (RM - RF)

RCE = 0.06 + 1.612 × 0.05

RCE = 0.14 or 14%

Calculate the cost of preferred stock:

RPS = Dps / Pps

RPS = $2.70 / $30

RPS = 0.09 or 9%

Calculate the cost of debt:

Rd = 0.09

Calculate the weighted average cost of capital (WACC):

WACC = (E/V) × RCE + (D/V) × Rd × (1 - T) + (P/V) × RPS

where E = market value of equity, D = market value of debt, P = market value of preferred stock, V = total value of the firm, and T = marginal tax rate.

First, we need to calculate the market value of equity:

Market value of equity = Number of common shares outstanding × Price per share

Market value of equity = 40,000 shares × $45 per share

Market value of equity = $1,800,000

Next, we need to calculate the market value of debt:

Market value of debt = Short-term debt + Long-term debt

Market value of debt = $775,000 + $775,000

Market value of debt = $1,550,000

Next, we need to calculate the market value of preferred stock:

Market value of preferred stock = Number of preferred shares outstanding × Price per share

Market value of preferred stock = 10,000 shares × $30 per share

Market value of preferred stock = $300,000

Finally, we can calculate the total value of the firm and the WACC:

Total value of the firm = Market value of equity + Market value of debt + Market value of preferred stock

Total value of the firm = $1,800,000 + $1,550,000 + $300,000

Total value of the firm = $3,650,000

WACC = ($1,800,000 / $3,650,000) × 0.14 + ($1,550,000 / $3,650,000) × 0.09 × (1 - 0.25) + ($300,000 / $3,650,000) × 0.09

WACC = 0.1142 or 11.42%

Calculate the growth rate of dividends:

Growth rate of dividends = Retention rate × Return on equity

Retention rate = 1 - Dividend payout ratio

Dividend payout ratio = Do / Earnings per share

Dividend payout ratio = $1.90 / $2.60

Dividend payout ratio = 0.73 or 73%

Retention rate = 1 - 0.73

Retention rate = 0.27 or 27%

Return on equity = Earnings per share / Book value per share

Book value per share = Total common equity / Number of common shares outstanding

Book value per share = $2,025,000 / 40,000 shares

Book value per share = $50.625 per share

Return on equity = $2.60 / $50.625

Return on equity = 0.0513 or 5

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whats the meaning of oligopoly and monopoly market structure​

Answers

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence. A monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

Answer:

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence, whereas monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

Explanation:

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