Listed below are various types of business organizations: 1. Three individuals created a law practice. The law practice does not pay its own taxes. 2. Two individuals bought shares of a company as an investment. 3. A single mother opens her own hair salon. The hair salon pays its own taxes 4. Husband and wife decide to open a daycare business. The wife will operate and maintain the daycare while the husband works his normal full-time job. The daycare income will be reported solely on the wife's personal tax return. 5. A public company with 100 shareholders. 6. Two friends join a chocolate company business. All profits will be on their personal returns. Instructions a) For each of the six situations, identify the type of business organization. b) For each of the six situations, identify the owner's liability.
In: Accounting
Write a python code that calculates π using numpy rand function.
In: Computer Science
Maryann is planning a wedding anniversary gift of a trip to Hawaii for her husband at the end of 5 years. She will have enough to pay for the trip if she invests $5,000 per year until that anniversary and plans to make her first $5,000 investment on their first anniversary. Assume her investment earns a 4 percent interest rate, how much will she have saved for their trip if the interest is compounded in each of the following ways?
a. Annually b. Quarterly c. Monthly
In: Finance
Consider a newlywed who is planning a wedding anniversary gift of a trip to Dubai for her husband at the end of 10 years. She will have enough to pay for the trip if she invests $5,000 per year until that anniversary and plans to make her first $5,000 investment on their first anniversary. Assume her investment earns an 8 percent interest rate, how much will she have saved for their trip if the interest is compounded in each of the following ways?
a. Annually
b. Quarterly
c. Monthly
In: Finance
Consider a newlywed who is planning a wedding anniversary gift of a trip to Canada for her husband at the end of 10 years. She will have enough to pay for the trip if she invests $4,000 per year until that anniversary and plans to make her first $4,000 investment on their first anniversary. Assume her investment earns a 7 percent interest rate, how much will she have saved for their trip if the interest is compounded in each of the following ways?
a. Annually
b. Quarterly
c. Monthly
In: Finance
e. Calculate the first-period rates of return on a market-value-weighted index. f. Calculate the first-period rates of return on an equally-value-weighted index.
In: Finance
The demand function in a duopoly is: P = 100 – 2(Q1 + Q2). If the first firm decides to sell 10 units while the second firm sells 20 units, which of the following will be true?
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The second firm will earn twice as much revenue as the first firm. |
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The second firm will sell at a lower price than the first firm. |
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An increase in one firm’s output will not affect the other firm’s revenue. |
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The first firm will earn a higher profit than the second firm. |
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The market price will be determined by the second firm’s output which is larger than the first firm’s output. |
In: Economics
(a) Patty Stacey deposits $1600 at the end of each of 5 years in
an IRA. If she leaves the money that has accumulated in the IRA
account for 25 additional years, how much is in her account at the
end of the 30-year period? Assume an interest rate of 11%,
compounded annually. (Round your answer to the nearest cent.)
$
(b) Suppose that Patty's husband delays starting an IRA for the
first 10 years he works but then makes $1600 deposits at the end of
each of the next 15 years. If the interest rate is 11%, compounded
annually, and if he leaves the money in his account for 5
additional years, how much will be in his account at the end of the
30-year period? (Round your answer to the nearest cent.)
$
(c) Does Patty or her husband have more IRA money?
In: Finance
(a) Patty Stacey deposits $2600 at the end of each of 5 years in an IRA. If she leaves the money that has accumulated in the IRA account for 25 additional years, how much is in her account at the end of the 30-year period? Assume an interest rate of 11%, compounded annually. (Round your answer to the nearest cent.)
(b) Suppose that Patty's husband delays starting an IRA for the first 10 years he works but then makes $2600 deposits at the end of each of the next 15 years. If the interest rate is 11%, compounded annually, and if he leaves the money in his account for 5 additional years, how much will be in his account at the end of the 30-year period? (Round your answer to the nearest cent.)
(c) Does Patty or her husband have more IRA money?
In: Finance
The formula =60*RAND() will output a random number between 0 and 60. This can be used to simulate the time someone arrives at an airport between 1 and 2 p.m. If =60*RAND() returns the value 23.456 that would indicate a person arrived at about 1:23 p.m. (1:23:27 p.m. if you want to be fussy.) Set up two cells, each with =60*RAND() to model a situation where two people arrive at an airport between 1 and 2 p.m. Set up a third cell for the difference between the two times. Then generate a data table and pivot table to answer the question: What is the probability that the two people will arrive within ten minutes of each other? (Hint: Group the data into ten minute intervals once you have the Pivot Table.) Using excel please
In: Statistics and Probability