How much should you save today
Suppose you want to buy a car in 2 years that costs $6000 today. You are able to earn 9% a year in interest if you invest in mutual funds. If you expect inflation of 5% each of the next two years, how much should you save today?
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Gorham Manufacturing's sales slumped badly in 2010. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 600,000.
Copper Queen Hotel is interested in estimating fixed and variable costs so the hotel can make more accurate projections of costs, break-even and profits.
The financial statements of M & J Company report net sales of $22 billion. Accounts receivable (net) are $3.1 billion at the beginning of the year and $3.0 billion at the end of the year.
Lion Company is budgeting sales of 100,000 units of P Product for the month of September. Production of one unit of P Product requires two units of Material Y and three units of Material Z.
A company has the choice of either selling 4,000 defective units as scrap or rebuilding them. They could sell the defective units at $2 per unit or they could rebuild them at additional costs of $.50 per unit for materials.
Howell Petroleum is considering a new project that complements its existing business. The machine required for the project costs $1.71 million.
The regular pattern of collection of credit sales is 20% in the month of the sale, 70% in the month following the month of the sale, and the remainder in the second month the month of the sale.
If sales of Pear Corporation totaled $500,000 for the current year (50,000 units at $10 each) and planned sales were $405,000 (45,000 units at $9 each), the affect of the unit price factor on sales is?
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Expand discussion thread from Ron Adolph The need for diabetes education for elderly outpatients in a community health clinic
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