Operating leverage is the degree of dependence a firm places on its: Multiple Choice sales. fixed costs. depreciation tax shield. variable costs. operating cash flows.
Solved
Show answers
More tips
- H Health and Medicine Want to Lose Weight? Gain Muscle without Damaging Your Health!...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
- H Health and Medicine Kinesiology: What is it and How Does it Work?...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
Answers on questions: Business
- B Business The English economist William Stanley Jevons described a world tour during the 1880s by a French singer, Mademoiselle Zélie. One stop on the tour was a theater in the...
- B Business What are the characteristics of a developing nation? List the two basic avenues of economic growth available to such a nation. State and explain the obstacles that DVCs...
- B Business Efficient Corporation uses a standard cost system. The following information was provided for the period that just ended: Actual price per gallon $11.75 Actual gallons...
- B Business In December of 2021, XL Computer s internal auditors discovered that office equipment costing $800,000 was charged to expense in 2019. The asset had an expected life...
- B Business Segment Revenue Vertical Analysis Newton Corporation is one of the world s largest entertainment companies that includes Gravity films, Apple Broadcasting, Gravity News,...
- B Business A municipal issuer official has lost her re-election campaign and has just left elected office. She is soliciting political contributions in a clean-up campaign to settle...
- B Business You are reviewing the accounting records of Cathy s Antiques, Inc. owned by Cathy Miller. You have uncovered the following situations. Compose a memo to Ms. Miller that...
- B Business Assign the letter to indicate whether the following items would be added or subtracted from the company s books or the bank statement during the construction of a bank...
- B Business Use the IS-LM model to determine the effects of each of the following on the general equilibrium values of the real wage, employment, output, the real interest rate,...
- C Chemistry An object has a mass of 72 kg. What is its weight?...
Ответ:
Value of investment after 15 years will be $159,405.62
(or) $159,405 (rounded off)
Explanation:
value of retirement account after 15 years
Given information's are
His monthly savings = $500
Interest rate = 7%
Period = 15 years
Value of investment = ((P×(1+i)^n) + P),
where P is the principal,
i is the annual interest rate, and
n is the number of periods
Total investment = $500×12×15 = 90,000
Interest earned
= ((P×(1+i)^n) + P) = (6000 × (1-0.07)15) - 6000) = $69,405.62
Value of investment = (6000 × (1-0.07)15) + 6000) = $159,405.62