The public company accounting oversight board (pcaob) has the authority to set and enforce standards for public companies related to: Establishing or adopt auditing and related attestation, quality control, ethics, and independence standards.
For violations of Sarbanes-Oxley, Securities and Exchange Commission (SEC) rules, and other standards governing audits of publicly traded companies, brokers, and dealers, the PCAOB has the authority to conduct investigations and impose sanctions on registered public accounting firms and individuals connected to those firms.
The Sarbanes-Oxley Act mandates that the Board create standards for auditing and related professional practices that registered public accounting firms must adhere to when creating audit reports for public companies, other issuers, and broker-dealers.
In cases where violations are discovered, the PCAOB may impose penalties, including reprimands, fines, and restrictions on a firm's or an individual's ability to audit public companies or broker-dealers. PCAOB investigations and disciplinary proceedings are private and confidential, as mandated by the Sarbanes-Oxley Act.
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What is not a career cluster
Answer: A pathway?
Explanation: Pathways aren't career clusters because they branch off of career clusters. Examples of pathways include but aren't limited to interior designers, chefs, photographers, etc. Career clusters include Finance, Health Science, etc, and have many possible career options.
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in what way did the patton boggs and k.k.r. corporations potentially influence the findings brookings research produced on metropolitan growth in cities like detroit?
Making financial contributions to Brookings, Patton Boggs, and K.K.R. corporations may have an impact on the conclusions the company made about metropolitan expansion in places like Detroit.
What does urban development mean?
Population increase in metro centers suggests that unplanned suburban sprawl encompassing outlying areas and the formation of nearby towns around large cities are likely in the future.
They wouldn't have received funding or donations during the following funding cycle if Brookings had conducted research that did not support their goals of depicting the corporate growth of inner cities.
Therefore, A strategic plan for coping with change in urban areas is the definition of a metropolitan plan conceptually.
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select all that apply the two roles of financial accounting are to: multiple select question. report cost accounting information for internal decisions. measure and report results to taxing authorities. measure business activities of the company. communicate information to external parties for decision making purposes.
Financial accounting has two primary objectives measuring a company's current activities and providing investors and creditors with knowledge with those activities to assist them in setting priorities.
Which two categories go under financial accounting?
The cash method as well as the accrual method are indeed the two main kinds of financial accounting. The timeframe wherein the transactions are reported (or not documented) is the main distinction between these two methods of financial accounting.
Which two primary financial statements are available for use?
Income statements display the total amount of revenue and expenses for a given time period for a company. The interchange of cash among a corporation and the front world is indeed depicted in cash flow statements throughout duration.
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a(n) blank is a statement of principles to guide an organization as it works to achieve its vision and fulfill its mission. multiple choice question.
A A. Core Values Statement is a statement of principles to guide an organization as it works to achieve its vision and fulfill its mission.
What is a core values statement ?A Core Values Statement is a statement that outlines the fundamental beliefs and principles that guide an organization in its decision-making, behaviors, and actions.
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It provides a clear and concise definition of the values that are considered to be most important to the organization, and serves as a guide for how the organization should behave and make decisions in order to achieve its vision and fulfill its mission.
Core values statements typically reflect the organization's cultural identity and provide a framework for how the organization will operate in terms of ethics, integrity, responsibility, and accountability.
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Options for this question are:
Core values statement Mission statement VisionMany people do not like working for someone, so being your own ______ is an advantage of sole proprietorships
Being your own is a benefit of sole proprietorships because many people do not like working for someone else.
What are the benefits of operating as one's own business?
There are few upfront expenses. There is no one around you. Your business may be started and run easily. In the event that circumstances change, changing your legal structure later on will not be difficult. A partnership has an advantage over a single proprietorship because the duties, assets, and losses are divided.
However, you also divide the company's profits, which could lead to arguments on how to operate the company. Making a partnership contract is one strategy to reduce conflict.
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a store will give you a 3% discount on the cost of your purchase if you pay cash today. otherwise, you will be billed the full price with payment due in 1 month. what is the implicit borrowing rate being paid by customers who choose to defer payment for the month?
Trade credit is a form of commercial financing that enables a client to buy goods or services and pay the provider at a later time.
A smart option for firms to increase short-term funding and free up cash flow is through trade credit.
What Is Trade Credit?Trade credit is a business-to-business (B2B) arrangement that enables a customer to make purchases without paying cash up front and to make payments to the supplier at a later date.
Businesses that use trade credits will typically allow customers 30, 60, or 90 days to pay, with the transaction being documented by an invoice.
Trade credit is a form of 0% financing that increases a company's assets while postponing payment for a specific amount of products or services to the future and requiring no interest to be paid in relation to the repayment period.
An advantage for a buyer is trade credit. A further benefit is that in some circumstances, select buyers might be able to negotiate extended trade credit repayment terms.
For trade credit approval, sellers frequently have special requirements.
The Complete Question is Trade Credit.
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economic profits are: multiple choice total revenue minus total cost. total cost minus total revenue. marginal revenue minus total cost. total revenue minus marginal cost.
Economic profits are defined as total revenue minus total cost.
Revenue is the total amount of money earned by a company from its sales. Profit is the share of money that remains after deducting the company's operational costs, debts, taxes, and any other expenses incurred in the pursuit of revenue.
Hence, we can calculate profit as:
Profit = revenues - total cost
Profitability may be increased in four major areas. These include cost reduction, increased turnover, increased productivity, and increased efficiency.
We can also enter new market segments or create new products or services.
Close cost management can drive your profitability. Most organizations may find ways to reduce waste; nevertheless, it is critical not to save costs at the price of the quality of your products and services.
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in counseling, the segregation of science and practice is essential in order to maintain updated knowledge that practitioners can integrate in their clinical work. (true or false)
The given statement ''in counseling, the segregation of science and practice is essential in order to maintain updated knowledge that practitioners can integrate in their clinical work.'' is false.
What is Clinical work? Clinical work includes, but is not limited to, Phase III Clinical Studies and Phase IV Clinical Trials. Clinical work is any work connected to human trials to evaluate the dosage, safety, and/or efficacy of a product and/or to evaluate a dose and treatment plan employing such product (in the event such Phase IV Clinical Trials are required by the FDA).It doesn't mean that just because you work in a hospital or clinic, your job is "clinical." If you provide direct patient care of any kind or take care of patients, your work is referred to as "clinical." In a therapeutic environment, clinical psychologists evaluate, identify, and treat patients with mental health and substance addiction issues.Learn more about Clinical work refer to :
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an online seller of travel services that generates revenue by charging fees for its services is an example of a
An online seller of travel services that gene-rates revenue by charging fees for its services is an exam-ple of a A) transaction broker.
What does transaction broker mean ?A transaction broker is defined as a broker who pro-vides limited represent-ation to a buyer , a seller or both, in a real estate trans-action, but does not represent either in a fiduciary capa-city or as a single agent.
A transaction broker-age provides third party real estate services to buy-ers and sellers. A transaction broker, how ever, re-mains legally neutral, and can assist the buyer and the sell-er in a transaction.
Complete question- An online seller of travel services that generates revenue by charging fees for its services is an example of a
A) transaction broker.
B) market maker.
C) viral marketer.
D) content disseminator.
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5. there is a well-known, and commonly used tool to explain the competition in an industry or a market segment. what is this tool called?
Porter's Five Forces is a frequently used guideline for evaluating the competitive forces that influence a variety of business sectors. It was also created by Harvard Business School professor Michael E. Porter in 1979 and has since become an important tool for managers.
what are ways that a taxpayer can get help from the irs?
The toll-free customer service number for taxpayers is 1-800-829-1040 for individual tax queries and 1-800-829-4933 for business-related tax questions. Call 1-800-829-4059 for TTY/TDD users to order forms and publications or to ask inquiries about taxes.
How does the IRS address issues?You can either submit Form 911, Request for Taxpayer Advocate Service Assistance (And Application for Taxpayer Assistance Order), on your own or have an IRS agent do it for you. Visit Taxpayer Advocate Service for further details.
Does the IRS offer tax assistance?The Internal Revenue Service provides free tax assistance in person, over the phone, online, and by computer. The IRS provides forms and materials to taxpayers and responds to a wide range of tax-related inquiries. Additionally, the IRS can assist people in locating free tax preparation services.
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Which of these is NOT part of the promotional mix?a. Personal Sellingb. Advertisingc. Public Relationsd. Customer Profiles
The components that are not part of the promotional mix is customer profiles. Hence, the correct option is (D).
What Is The Promotional Mix?The promotional mix is one of the marketing efforts that can be carried out by companies by combining advertising, public relations, direct marketing, and personal selling, to sales to be able to increase demand for goods or services produced by companies. Using an appropriate and targeted promotional mix can increase company profits and achieve company goals. The use of this promotional mix will usually be carried out more intensely when the company creates new goods or services.
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which two statements capture what differentiates shopping campaigns from search campaigns? choose two.
The two statements capture what differentiates shopping campaigns from search campaign are Target audience and Ad format.
Target market: Shopping campaigns target those who are actively looking to buy something, whereas search campaigns target people who are still doing their research and figuring things out.
Ad format: While search efforts show text-based advertising, shopping campaigns include product information and graphics.
These two distinctions between shopping and search marketing serve as a reminder of the various objectives and targeting tactics employed by each type of campaign. While search efforts are concentrated on grabbing consumers at an earlier point in the purchasing process and pushing them towards making a purchase, shopping advertisements are meant to be highly visual and provide potential customers all the information they need to make a purchase.
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The following question may be like this:
What two statements capture what differentiates shopping campaigns from search campaigns?
if the manufacturing process is currently full of work-in-process inventory, how long would it take to complete 50 batches of biscuits?
Cycle time is the amount of time needed to finish X units in a complete system. It takes 50 / 3.33 = 15 hours to finish 50 batches because the cycle time is 1 / 3.33 hours.
How long does it typically take a unit to move through the system?Throughput time is the average amount of time it takes for a unit to travel through the system, run time is the amount of time needed to generate a batch of components, and operation time is the sum of setup time and run time.
How is system process time calculated?The conversion of cycle times into another unit of measurement is a common task.
Parts per Minute = Minutes per Part / 1.
Minute Parts = (1 / Seconds per Part) * 60.
The number of parts every minute is (1 / Hours per Part) / 60.
How do you determine the production time?Net production time is equal to cycle time (per product)
Cycle time is the result of the product's productive and nonproductive hours.
Process time plus Inspection time plus Movement time plus Queue time (for each product) equals Cycle time.
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Every society faces trade-offs because we live in a world of scarcity. Suppose a student-athlete has the opportunity to earn $1,000,000 next year playing for a minor league baseball team, $500,000 next year playing for a European professional football team, or $0 returning to college for another year. The opportunity cost of the student-athlete returning to college next year is $ . (Enter your response as an integer.)
When there is a paucity, people demand more than what is available. Scarcity put restrictions on us both as individuals and as a society.
Is the study of decisions people make to reach their objectives in light of their limited resources?
Economics is the study of the decisions that customers, company owners, and public servants make in order to achieve their goals in the face of resource scarcity. Because of scarcity, which means that while our demands are limitless but there are few resources available to satisfy them, we are forced to make decisions.
Which of the following statements best sums up scarcity?
The right response is b. When compared to the demand for them, resources are few. The disparity between people's limitless demands and the available resources is known as scarcity, and it is viewed as an economic challenge.
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if you are interesting in working as a financial planner, or want to hire someone to manage your personal assets, which professional designation does the text mention is important?
The text does not mention a specific professional designation that is important for financial planners or for hiring someone to manage personal assets.
There are several professional designations for financial planners, including Certified Financial Planner (CFP), Chartered Financial Consultant (ChFC), Personal Financial Specialist (PFS), and others. When choosing a financial planner or considering someone to manage your personal assets, it is important to research and compare their qualifications, experience, and track record to ensure they are a good fit for your needs. Additionally, it may be helpful to ask for references and check if they have any disciplinary history.
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tableau3 ( (possibility airplanes (number) cruise ships(number))(abcd 10080500 0204060) ) the table above gives four production possibilities for airplanes and cruise ships. in possibility a, how many resources are devoted to the production of airplanes? group of answer choices most few 0 all it is impossible to tell without more information about the prices of airplanes and cruise ships.
The correct option for the statement " how many resources are devoted to the production of airplanes" is option 'D' above all.
The production possibilities table shows different possibilities of production of two goods. The above table shows different possibilities of production of airplanes & cruise ships.
According to the table, in possibility A, all resources are devoted to the production of airplanes. It shows that 100 airplanes can be produced without any production of cruise ships.
In economics, the maximum output of two items with a certain quantity of input is measured by a production possibilities curve. Any combination of the four production factors—natural resources (including land), labour, capital goods, and entrepreneurship—represents the input.
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on january 1, linden has total assets of $100,000, total liabilities of $30,000, and total stockholders' equity of $70,000. linden purchases $20,000 of supplies on account, and $2,000 of prepaid rent for cash. after these transactions, total assets equal multiple choice question. $122,000. $120,000. $82,000. $100,000.
$100,000. Linden spends $2,000 in cash to prepay rent and $20,000 in supplies on credit. Total assets following these transactions equal .
Which one of the following actions and occurrences causes both cash reserves and net income to decrease?Rent used during the time period is subtracted from the prepaid rent account. This is the best choice. Rent costs rising results in a drop in net income, and as prepaid expenses are an asset, their decline also affects total assets.
Whenever you issue common shares, what happens to your assets?Common stock is typically valued at fair value at issuance, which is usually the amount of funds received. If there are any remaining funds, they are initially used to pay the shares' par value allocated to excess paid-in capital over par value.
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kara won $3,000,000, which will be paid after twenty years. if the interest rate is 5% compounded annually, the present value of the amount is
the primary purpose of assembling a team is . group of answer choices to promote organizational compliance and loyalty to organize into groups of people with identical capabilities to permit the members to focus on their individual goals
The primary purpose of assembling a team is a).to achieve a common goal.
The primary purpose of assembling a team is to achieve a common goal. Teams are composed of individuals with different skills, backgrounds, and perspectives who come together to work towards a shared objective. The goal of the team is typically defined by the organization and aligns with the overall strategy and mission of the company. By working together, team members can pool their knowledge, skills, and resources to find innovative solutions, make better decisions, and achieve outcomes that would not be possible for individual team members working alone. The collaborative nature of teams also helps to promote teamwork, cooperation, and interdependence among team members, leading to a more efficient and effective work environment.
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check my work within the supply-and-demand model, a tax collected from the buyers of a good shifts the a. demand curve upward by the size of the tax per unit. b. demand curve downward by the size of the tax per unit. c. supply curve upward by the size of the tax per unit. d. supply curve downward by the size of the tax per unit.
When a tax is collected from buyers of a good, the demand curve shifts downward by the size of the tax per unit, meaning people will be willing to purchase less of the good. Option B. demand curve downward by the size of the tax per unit.
This is because the higher cost of the good due to the tax reduces the overall demand for it in the market. The supply curve, meanwhile, shifts upward by the size of the tax per unit, meaning that the suppliers will be willing to offer more of the good at the higher price. This is because they now have the incentive of earning more profit due to the increased price.
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your parents save and invest $3,600 per year at a fixed rate of 10% for retirement. how much money will they have saved after 35 years?
No of money will they have saved after 35 years is $16200
What Is a Fixed Interest Rate? A debt, such as a loan or mortgage, may have a fixed interest rate that never changes. It may be applicable for all or a portion of the loan's term, but it is constant for the duration of the designated time.Since future changes in interest rates won't have an impact on fixed-rate loan installments, borrowers may accurately forecast their payments in the future. Auto loans, personal loans, fixed-rate mortgages, and federal student loans are a few types of fixed-rate loans.Due to Loan 1's set interest rate, the yearly payment amount is constant. As a result, the total payment is determined as follows: $5,000 (interest in Year 1) + $5,000 (interest in Year 2) + $105,000 (interest + principal in Year 3) = $115,000.Given data :
Fixed rate : 10%
Invest amount : $3,600 per year
So the Fixed rate for one month = [tex]\frac{3600}{100} * 10[/tex]
= 360 rs
Money will they have saved after 35 years = $3,600 + (360 x 35) = $16200
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the purchase of equipment with cash would be recorded as multiple choice debit equipment expense; credit cash. debit cash; credit equipment expense. debit equipment; credit cash. debit cash; credit equipment.
Cash is credited for, Equipment is debited for and Notes Payable is credited for.
The purchase of equipment is not accounted for as an expense in one year; rather the expense is spread out over the life of the equipment. This is called depreciation. From an accounting standpoint, equipment is considered capital assets or fixed assets, which are used by the business to make a profit.
Now, Let's assume the business purchases equipment by paying $5000 in cash and then issued a note payable of $15000.
Then, the journal entry will be:
Debit Equipment $20000
Credit Cash ($20000 - $15000)=$5000
Credit Note payable $15000
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barton industries has operating income for the year of $2,900,000 and a 25% tax rate. its total invested capital is $20,000,000 and its after-tax percentage cost of capital is 7%. what is the firm's eva? round your answer to the nearest dollar, if necessary.
The firm's EVA for Barton industries that has operating income of $2,900,000 is $1025000.
What is EVA?Economic value added (EVA) is a metric used to assess a company's financial performance. It is based on the residual wealth that is determined by subtraction of operating profit from cost of capital on a cash basis after taxes have been taken into account. EVA, which aims to measure a company's genuine economic profit, is also known as economic profit. Stern Value Management, initially incorporated as Stern Stewart & Co., a management consulting firm, developed this measure. The incremental difference between the rate of return (RoR) and a company's cost of capital is known as EVA. In essence, it's used to gauge the value a business creates from the money spent in it. If a company's EVA is negative, it indicates that the money invested in the business is not producing value for the company.
EVA = 3,500,000(1-0.25) - (20,000,000 *.08)
EVA = 2,625,000 - 1,600,000
EVA = 1,025,000
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jackson motors, an automobile manufacturing company, was founded in 1914. the company primarily focused on creating greater efficiencies by refining its processes and creating specialized jobs. this allowed the company to increase its output and lower the prices of its products. as a result, automobiles became an affordable commodity. in the context of the history of american business, jackson motors was most likely founded during the .
The Jackson automobile company is a company that was established during the production era.
Mr.Carter went into business selling bicycles with his father. He started building his first gasoline car in 1899 but concentrated on steam vehicles. By 1901, Kalamazoo's Michigan Automobile Company was producing his steam car. After creating and patenting a three-cylinder, six-horsepower steam engine, Carter went back to Jackson a year later. In 1903, Carter founded the Jackson Automobile Company in collaboration with buggy manufacturer George A. Matthews and Lewis Spring Axle Company president Charles Lewis.
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what term best describes the borrower who is personally liable for a debt obligation related to the purchase of a home? multiple choice mortgagor mortgagee grantee grantor
Mortgagor describes the borrower who is personally liable for a debt obligation related to the purchase of a home.
Those who take out a mortgage debt to purchase home are referred to as mortgagors. A mortgagor has to submit an application and have the lender's underwriters' approval before they can get a loan. The mortgagor is in charge of making prompt interest and principal payments after the loan has been funded.
A mortgage debt has two parties: a mortgagor who receives the money and a mortgagee who makes the loan available. In the event that a loan is authorized, the borrower is required to submit a credit application and accept the conditions of the mortgage loan. They risk having their home foreclosed upon if they don't.
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denver, incorporated, has sales of $19.1 million, total assets of $14.1 million, and total debt of $4.9 million. the profit margin is 9 percent. what is the company's net income? note: do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567. what is the company's roa? note: do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16. what is the company's roe?
The company's return on assets (ROA) is 12.19%, return on equity (ROE) is 18.68%, and net income is $1,719,000.
How much return on equity (ROE) is there?
A specific ROE range cannot be deemed a satisfactory return on equity. Some industries prefer a ROE of over 25%, while others may consider a value over 15% to be remarkable. Lower ROE does not, however, inevitably portend impending doom for a company. A high ROE can indicate that a business is more successful at making money on the internal market. It does not, however, properly illustrate the risk connected to that return.
A corporation may extensively rely on debt in order to increase net profit, which would raise ROE. The higher the ROE, the better the management of a company is at creating revenue and growth from its equity capital.
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suppose the abc bank has excess reserves of $1,000 and checkable deposits of $30,000. if the reserve requirement is 10 percent, what is the size of the bank's actual reserves?
Suppose ABC Bank has $30,000 in checkable deposits, $1,000 in surplus reserves, and $1,00 in other assets. The size of the bank's actual reserves is $4,000 if the reserve requirement is 10%.
What other names are given to checkable deposits?Demand deposits, often known as checkable deposits, are closely related to cash. The following amounts are what are kept in checking accounts. Demand deposits and checkable deposits are so-called because the financial institution is supposed to give the deposit holder his money "on demand" when a check is written or a debit card is used.
Checks can be written on bank accounts that accept checkable deposits. Among the deposit kinds that could be investigated are checking, savings, and money market accounts. Although checkable deposits are relatively liquid, they frequently have fees and are not intended for long-term goals.
Bank's actual reserves= Checkable Deposits X Percentage of reserve Requirement + Excess reserves
Bank's actual reserves= $30,000 X 10% + 1000
Bank's actual reserves= $4000
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a customer complains you short changed him, you gave him $5.53 back stated on cash register. he says he gave you $20.00 not $10.00 dollars. what do yo
In a situation where a customer complains you short-changed him, by giving him $5.53 back and he says he gave you $20.00, not $10.00, it is best to be honest if the mistake was on your part, and if not, clarify everything politely with proofs in the cash register.
As you assess the situation, apologize for the error. A brief apology can buy you some time to make the right change or check the change situation. This situation is common in cash transactions as a cashier.
Fix it right away. The quicker you correct it if it was just an honest mistake, the less likely you are to annoy the customer. Most sincere incorrect change situations are easily resolved. Good customer service is important.
It is important to keep in mind that you should take precautions by counting your change back. Say the denomination aloud when the customer hands you a bill so that, in the event that they later complain, you can tell for sure whether they handed you a $10 or a $20 bill.
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what is the future value of a lump sum of $3,000 deposited today for 8 years at a rate of 10 percent compounded annually? round your answer to the nearest whole value.
The future value of a lump sum of $3,000 deposited today for 8 years at a rate of 10 percent compounded annually is $ 6.432
A current asset's Future Value (FV), which is based on an estimated growth rate, is its value at a particular point in the future. Due to market volatility and uncertainty regarding future investment conditions, it can be challenging to calculate an investment's fair value (FV) in the market.
lump sum = $3,000
number of years (n) = 8 years
rate of interest (compounded annually) (r) =10%
FVIF (as per table ) = 2.144
calculating future value using the table,
FV = lump sum x FVIF (n, r)
future value = 3000 x 2.144 (10%)
future value = $ 6.432
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