dover compnay deposits 30000 with second national bank in an account earning interest at 5% per annum semi annualy. how much will dover have in the account after 5 years if interest is reinvested

Answers

Answer 1

Answer:

$38,402

Explanation:

Calculation for How much will Dover have in the account after five years if interest is reinvested

First step is to use Financial calculator to find

the Future value factor of (2.5%, 10 years)

Future value factor of (2.5%, 10 years)=1.28008

Now let calculate Future value using this formula

Future value = Principal *Future value factor

Let plug in the formula

Future value= $30,000 * 1.28008

Future value=$38,402

Therefore How much will Dover have in the account after five years if interest is reinvested is $38,402


Related Questions

Wayfarer Company has no debt, and a value of $70.000 million. Adventures Incorporated is otherwise identical but has $28.000 million of debt in its capital structure. Under the different models, what is the value of Adventures Incorporated if its corporate tax rate is 25%, the personal tax rate on equity is 10%, and the personal tax rate on debt is 26%?

Answers

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment.

In point 1:

The answer is =70.000

In point 2:

[tex]=70.000+28.000 \times 25\%\\\\=70.000+28.000 \times \frac{25}{100}\\\\=70.000+28.000 \times \frac{1}{4}\\\\=70.000+ 7 \\\\=77.000\\\\=77[/tex]

In point 3:

[tex]=70.000+(1-(1-25 \%) \times \frac{(1-10\%)}{(1-26\%)) \times 28.000}\\\\=70.000+(1-(1- \frac{25}{100}) \times \frac{(1- \frac{10}{100})}{(1-\frac{26}{100})) \times 28.000}\\\\=70.000+(1-1+ \frac{1}{4}) \times \frac{(\frac{ 10-1}{10})}{( \frac{100-26}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{(\frac{9}{10})}{(\frac{74}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{0.9}{20.72}\\\\=70.000+ \frac{0.9}{82.88}\\\\=70.000+0.01058\\\\=70.01058\\\\[/tex]

Explain at least four types of ethical misconduct in financial transactions. Explain how these work with appropriate illustrations followed by real-life examples as far as possible for each type

Answers

The correct answer to this open question is the following.

We can help you with the four cases of financial misconduct.

So the four types of ethical misconduct in financial transactions are

1.- Fraudulent Financial Reporting. This is when the top company management lies about financial statements. These companies cheat on the investors of the company for a particular agenda. It also can be the case when top management tries to keep the share price of the corporation.

2.- Stealing, today technically called Missaprpriation of Assets. In this case, employees use the company's assets for personal reasons. The employee even can steal money from the company's accounts.

3.- Bribering. A member of the company bribes a government official in order to have influence in some regulations.

4.- Disclosure. A member of the company discloses important information considered private or "Top Secret," trying to create a personal advantage or for a competitor.

Weyerhaeuser Co decides to buy multi-line phone system for its business operations from Norway. The cost of multi-line phone system is 49,300 Norwegian krones. Approximately, how much in U.S. dollars will Weyerhaeuser Co pay if $1 is equal to 7.1429 Norwegian krones (Norwegian krone/$)?
a) $8,282
b) $16,135
c) $6,902
d) $7.977
e) none of the answers is correct

Answers

Answer:

c) $6,902

Explanation:

Cost of system = 49300 Krones

Exchange rate : $1 = 7.1429 Krones

So, Amount in $ = Cost of system / Exchange rate

Amount in $ = 49300 / 7.1429

Amount in $ = 6901.958588248471

Amount in $ = $6,902

Scott invests money in fixing up his house, an endeavor that he expects will generate profits because he will be able to rent it out as a bed and breakfast run by his sister. This is not a security subject to federal regulation because:_______.

Answers

Answer:

Scott's investment is in his own property and not in a common enterprise

Explanation:

From the question, we are informed about Scott who invests money in fixing up his house, an endeavor that he expects will generate profits because he will be able to rent it out as a bed and breakfast run by his sister. In this case , it is not a security subject to federal regulation because Scott's investment is in his own property and not in a common enterprise. Securities regulation is a law in court like U S that protect transaction as well as other dealing involving security, when a company fully comply with the security regulation, litigation can be avoided by the business with private party as well as security commissioners

econ 100a final practice In a perfectly competitive market, firms take the market price as a given, which implies that the market demand is:

Answers

Answer:

Perfectly elastic

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

the market demand is perfectly elastic because goods in a perfect competition are identical, if a producer increase its price, consumers would stop demanding for the producer goods and shift to another producer.

You want to have $500,000 in today's (real) dollars when you retire in 40 years. The expected inflation rate is 1.1% and the nominal return on your investments is 6.5%. How much money do you have to save now if you can't make any additional deposits?

Answers

Answer:

Initial deposit= $62,378.07

Explanation:

First, we need to calculate the nominal value of $500,000 in 40 years:

Future Value= PV*(1+r)^n

r= inflation rate

FV= 500,000*(1.011^40)

FV= $774,490.74

Now, the initial deposit (PV) to be made in the present:

PV= FV/(1+i)^n

i= interest rate

PV= 774,490.74 / (1.065^40)

PV= $62,378.07

A lockbox plan is a. used to identify inventory safety stocks. b. used to protect cash, i.e., to keep it from being stolen. c. used primarily by firms where currency is used frequently in transactions, such as fast food restaurants, and less frequently by firms that receive payments as checks. d. used to slow down the collection of checks our firm writes. e. used to speed up the collection of checks received.

Answers

Answer:

Option e. Used to speed up the collection of checks received.

Explanation:

A lockbox plan is most beneficial to firms involved in collections over a wide geographic area. It is also a method or technique to limit/reduce float by having payments sent to local post offices close to the customers. Its system of handling cash receipts is by mail where the customers remit payments directly to the bank.

In cash management, a lockbox plan is used to quickens the rate of collection of checks received.

How much money did he save by paying

Answers

He saved a lot of money

In the economy represented by the graph, which set of economic measures is
most likely present at point B in the business cycle?
The Business Cycle
А
с
Production output
D
B
Time
O A. The steady growth line has started to decline.
O B. The unemployment rate is at its lowest point.
O c. Gross domestic product is at its lowest point.
O D. The economy has started a period of recession.

Answers

The economy represents by the graph is a set of measures that is most likely to occur in the business cycle are Gross domestic product is at its lowest point. Thus option C is correct.

What are economic measures?

The economic measures are those that economist use for measuring the economy of a country and include the GDP, unemployment, and inflation. The GDP is the most important measure and refers to the business cycle. As per the graph, the GDP is at the lowest point.

Find out more information about the economic indicator.

brainly.com/question/903754

Answer: the unemployment rate is at its lowest point

Explanation:

just took the test

Your friend Aleksei is going through a difficult time. His partner left him and his company just announced there will be a large round of layoffs in his department. You stop at Aleksei's apartment after work one evening and notice that he is gulping coffee and chain-smoking cigarettes. He explains that the stress is getting to him and that he's had trouble sleeping. What advice can you give Aleksei

Answers

Tell him “it’s over just go jump off a hill or some thing idc I’m just here because you paid me to be your friend”

The advice can you give Aleksei Study a book. On your computer or phone, download the "calm" app (rain, nature sounds). Take a stroll. Take up yoga. Play music, sing along with the lyrics, or dance. Relax in a hot bath. Close your eyes and take a seat quietly. Turn on a scented candle.

What stress means?

Any type of change that causes physical, emotional, or psychological strain is referred to as stress. Your body reacts to anything that demands attention or action by causing stress. Stress affects everyone to some extent.

An emotion or physical tension is referred to as stress. It can be caused by anything that frustrates, enrages, or unnerves you in your thoughts or experiences. A challenge or demand causes your body to experience stress. When it serves to keep you safe or help you meet a deadline, stress can be beneficial in short bursts.

Learn more about Stress here:

https://brainly.com/question/25632718

#SPJ5

Net capital outflow measures the imbalance between the amount of a. foreign assets held by domestic residents and domestic assets held by foreign residents. b. foreign assets bought by domestic residents and the amount of domestic assets bought by foreigners. c. foreign assets bought by domestic residents and the amount of domestic goods and services sold to foreigners. d. None of the above is correct

Answers

Answer:

b) the imbalance between the amount of foreign assets bought by domestic residents and the amount of domestic assets bought by foreigners.

Explanation:

Net capital outflow can be regarded as net flow of invested funds in country abroad by a home country during a particular period of time. It should be noted that the Net capital outflow measures the imbalance between the amount of the imbalance between the amount of foreign assets bought by domestic residents and the amount of domestic assets bought by foreigners.

The following data are available relating to the performance of Long Horn Stock Fund and the market portfolio:
Long Horn Market Portfolio
Average return 19 % 12 %
Standard deviations of returns 35 % 15 %
Beta 1.5 1.0
Residual standard deviation 3.0 % 0.0 %
The risk-free return during the sample period was 6%.
What is the Treynor measure of performance evaluation for Long Horn Stock Fund?
a. 0.0133
b. 0.04
c. 0.0867
d. 0.3143
e. 0.3714

Answers

Answer: c. 0.0867

Explanation:

Treynor measure for Long Horn Stock Fund;

= (Average return - Risk-free return) / Beta

= (19% - 6%) / 1.5

= 0.08666667

= 0.0867

Jeff opted to exercise his August option on August 10 and received $2,500 in exchange for his shares. Jeff must have owned a(an):_______

a. Warrant.
b. American call.
c. American put.
d. European call
e. European put.

Answers

Answer:

c. American put.

Explanation:

American options are defined as the type of contract that allows owner to exercise his option rights on any date of his choosing. This can even be on the date of expiration of the option.

European option on the other hand only allows option rights on the day of expiration of the option contract.

American put option allows the owner sell his option at any period within the contract life.

In the given scenario Jeff decided to sell his August options on on the 10th of August (before the expiry date). In exchange he recieved cash of $2,500.

If a firm pursues a strategic alliance in order to reduce industry overcapacity, that firm most likely operates in what type of market

Answers

Answer:

Standard cycle

Explanation:

If a firm pursues a strategic alliance in order to reduce industry overcapacity, that firm most likely operates in what type of market

Accounts Receivable account has a beginning balance of $52,000 and an ending balance of $69,000. If $47,000 was sold on account during the year, what were the total collections on account

Answers

Answer:

$30,000

Explanation:

Total collections on account is computed as;

= Accounts receivable at the beginning + Sales during the year - Accounts receivable at the end

Given that;

Accounts receivable at the beginning = $52,000

Sales during the year = $47,000

Accounts receivable at the end = $69,000

Therefore,

Total collections on account

= [($52,000 + $47,000) - $69,000]

= $30,000

Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an estimated life of eight years, or 12,500 hours of operation. The crane was purchased on January 1, 2017, and was used 2,700 hours in 2017 and 2,600 hours in 2018. Refer to the information for Norwood, Inc. If Norwood uses the straight-line depreciation method, what is the book value at December 31, 2019

Answers

Answer:

Book value= $51,875

Explanation:

Giving the following information:

Purchase price= $80,000

Salvage value= $5,000

Useful life= 8 years

First, we need to calculate the annual depreciation under the straight-line method:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (80,000 - 5,000) / 8

Annual depreciation= $9,375

Now, we can determine the book value at the end of 2019:

Book value= purchase price - accumulated depreciation

Book value= 80,000 - (9,375*3)

Book value= $51,875

Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-of-year assets was 15%, what was its operating profit margin?

Answers

Answer:

22.50%

Explanation:

Amount of return on asset = Rate of return * Asset value

Amount of return on asset = 15% * $150 million

Amount of return on asset = $22.5 million

Operating profit margin = Amount of return on asset / Sales

Operating profit margin = $22.5 million / $100 million

Operating profit margin = 0.225

Operating profit margin = 22.50%

Select the correct answer.
A firm entered into a contract with a construction firm to build a commercial building. However, the construction firm did not follow the design
plans of their client and instead made modifications wherever they thought was necessary, without consulting their clients. This did not go well
with the clients and hence they filed a formal lawsuit in a law court against the construction firm. Which method of dispute resolution did the
firm choose?
A.
mini-trial
B
arbitration
C.
mediation
D.
psychotherapy
Reset
Next

Answers

Choice b would be my choice

Answer:

B. Arbitration

Explanation:

The other answer is correct for plato/edmentum users :)

The Xerox sales force is divided into four geographic organizations: the United States/Canada, Europe, Global Accounts, and Developing Markets. Within each geographic area, the majority of Xerox products and services are typically sold through its
a) distributors.
b) competitor partnerships.
c) order takers.
d) direct sales force.
e) telemarketers.

Answers

Answer:

E)direct salesforce

Explanation:

Direct sales force are those network of distributors that business set up to sell their products for great returns, it involves selling out of business product using non- retailing setting. For instance Xerox sales force is divided into four geographic organizations: the United States/Canada, Europe, Global Accounts, and Developing Markets. Within each geographic area, the majority of Xerox products and services are typically sold through its direct salesforce

A portfolio has 225 shares of Stock C that sells for $42 and 190 shares of Stock D that sells for $33. What is Stock C's weight?

Answers

Answer:

60.11%

Explanation:

Weight of stock C = Value of stock C / total value of portfolio

225 x $42 / (225 x $42) + (190 x $33) = $9450 /15720 = 60.11%

A company is deciding between two options: (1) purchase a piece of equipment for $10,000 or (2) lease the same piece of equipment for three years and then return the equipment to the owner. The lease payments are $182.53 per month and have a present value of $6,000. If the company decides to lease, for what amount would the leased asset be recorded at the beginning of the lease?
a) $10,000.
b) $6,000
c) $4,000.
d) $6,571.

Answers

Answer:

b) $6,000

Explanation:

The computation of the leased asset to be recorded at the beginning of the lease is shown below:

= Present value

= $6,000

In the case when the asset recognized under lease, so the present value would be determined

Therefore the same is to be considered

Hence, the correct option is b.

And, the rest of the options are incorrect

Which of the following should not be a major consideration when it comes to selecting your career path?


What your parents think you should do

What you are passionate about

What you are naturally good at

What your interests are

Answers

Answer: I believe its : what your interest's are

Explanation:

Documents created with Calc are saved as which file extension?
A.
.com
B.
.odp
C.
.org
D.
.ods


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

D. .ods

Explanation:

edge

A firm sells 420 units of a good when it charges a price of $24. When it charges a price of $28 it sells 480 units. What is the price elasticity of demand (in absolute value)?

Answers

Answer:

0.87

Explanation:

Price elasticity is defined as a measure of how responsive the quantity of a product demanded is to changes in its price.

It is important in determining how price changes affects the demand of a product.

The supplier uses this to gauge how an increase in price will affect demand and by extension their profits.

It is calculated by finding ratio of percentage change in quantity to percentage change in price.

Price elasticity = (% change in quantity demanded) ÷ (%change in price)

Change in quantity demanded = (480-420) ÷420 = 0.143

Change in price = (28-24) ÷ 24 = 0.167

Price elasticity = 0.143 ÷ 0.167 = 0.87

Benet Company has budgeted the following unit sales:
2019 2020
Quarter Units Quarter Units
1 1105,000 1 4120,000
2 190,000
3 260,000
4 375,000
The finished goods inventory on hand on December 31, 2018 was 21,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 20% of the next quarter's anticipated sales. Prepare a production budget for 2019.

Answers

Answer:

Benet Company

Production Budget for 2019:

                                          Quarter   Quarter     Quarter   Quarter

                                                1               2               3              4

Ending inventory           38,000      52,000        75,000       24,000

Units Sold                    105,000     190,000     260,000     375,000

Units available for

 production                 143,000    242,000     335,000     399,000

Beginning Inventory     21,000       38,000       52,000       75,000

Units produced          122,000     204,000     283,000     324,000

Explanation:

a) Data and Calculations:

     2019                  2020

Quarter Units        Quarter Units

1           105,000       1        120,000

2           190,000

3          260,000

4          375,000

Ending inventory

December 31, 2018 = 21,000

Quarter 1, 2019 =       38,000 (190,000 * 20%)

Quarter 2, 2019 =     52,000 (260,000 * 20%)

Quarter 3, 2019 =     75,000 (375,000 * 20%)

Quarter 4, 2019 =     24,000 (120,000 * 20)

Production Budget for 2019:

                                          Quarter   Quarter     Quarter   Quarter

                                                1               2               3              4

Ending inventory           38,000      52,000        75,000       24,000

Units Sold                    105,000     190,000     260,000     375,000

Units available for

 production                 143,000    242,000     335,000     399,000

Beginning Inventory     21,000       38,000       52,000       75,000

Units produced          122,000     204,000     283,000    324,000

On January 1, Bobby and Alice equally own all of the stock of an electing S corporation called Prairie Dirt Delight. The entity incurs a $60,000 loss for a nonleap year. On the 200th day of the year (not a leap year), Bobby sells his one-half of the stock to his son, Saul. How much of the $60,000 loss, if any, is allocated to Bobby?

a. $6,781
b. $13,562
c. $16,438
d. $23,219

Answers

Answer:

the Loss allocated to Bobby is $6,781

Explanation:

The amount of loss allocated to Bobby is as follows;

Loss allocated to Bobby is

= Total loss for the year × Share of Alice × Share of Bobby × for the remaining days

= $60,000 × 50% × 50% × (365 - 200) ÷ 365

= $6,781

Hence, the Loss allocated to Bobby is $6,781

Therefore the correct option is a.

A managed portfolio has a standard deviation equal to 26% and a beta of .9 when the market portfolio's standard deviation is 22%. The adjusted portfolio P* needed to calculate the M2 measure will have ________ invested in the managed portfolio and the rest in T-bills.
A. 84.6%
B. 118%
C. 18%
D. 15.4%

Answers

Answer:

118%

Explanation:

Calculation for the M2 measure invested in the managed portfolio

Using this formula

M2 measure invested in the managed portfolio=Managed portfolio standard deviation standard deviation/Market portfolio's standard deviation

Let plug in the formula

M2 measure invested in the managed portfolio=26%/22%

M2 measure invested in the managed portfolio=118%

Therefore the adjusted portfolio P* needed to calculate the M2 measure will have 118% invested in the managed portfolio and the rest in T-bills

No arbitrage is equivalent to the idea that all risk-free investments should offer investors:

Answers

Answer:

JOIN MY ZOOM  528-468-7585

Explanation:

sold parts to a Korean customer on December 16, 2021, with payment of 20 million Korean won to be received on January 15, 2022. The following exchange rates applied: Date Spot Rate Forward Rate to Jan.15 December 16, 2021 $ 0.00082 $ 0.00089 December 31, 2021 0.00080 0.00083 January 15, 2022 0.00086 0.00086 Assuming a forward contract was entered into on December 16, at what amount should the forward contract be recorded at December 31, 2021

Answers

Answer:

the  amount of the forward contract be recorded is $1,188

Explanation:

The computation of the amount of the forward contract be recorded is shown below

= (Forward rate as on Dec 16 - forward rate as on Dec 31) ×  Payment amount × present value of one month at 12%

= ($0.00089 - $0.00083) × $20,000,000 × 0.9901

= $0.00006 × $20,000,000 × 0.9901

= $1,200 × 0.9901

= $1,188

Hence, the  amount of the forward contract be recorded is $1,188

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The balance sheet, the statement of cash flows, and the ______________ are three key financial statements prepared by accountants.
Group of answer choices

Answers

Answer:

Income statement

Explanation:

The income statement will provide the company's total Expenses and Revenues within one financial period.

The difference between these expenses and revenues will determine whether the company's operation is considered as profitable in that year. (if the revenue outnumbered the expenses, the company incurred a net profit).

Shareholders use company's typically use income statement to calculate the amount of revenue that they'll obtain from their percentage of shares.

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