subject
Business, 20.09.2020 15:01 robbylynnbonner

Meadow Brook Manor would like to buy some additional land and build a new assisted living center. The anticipated total cost is $20.5 million. The CEO of the firm is quite conservative and will only do this when the company has sufficient funds to pay cash for the entire construction project. Management has decided to save $1.2 million a quarter for this purpose. The firm earns 6.25 percent, compounded quarterly, on the funds it saves. How long does the company have to wait before expanding its operations? a. 3.09 years
b. 3.82 years
c. 4.46 years
d. 4.82 years
e. 4.91 years

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:00
Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .
Answers: 2
question
Business, 23.06.2019 16:00
Acompany's culture is made up of: a. the company's vision and mission statement. b. its behavior patterns. c. whatever the board of directors says it is. d. the image the ceo wants to project.
Answers: 2
question
Business, 23.06.2019 16:00
Bell’s database has been hacked and sensitive information has been compromised to its competitors leading to loss suffered by it. which insurance would cover this loss?
Answers: 3
question
Business, 23.06.2019 23:30
Successful firms focus their efforts on satisfying customer needs that match their core competencies. select one: a. true b. false
Answers: 1
You know the right answer?
Meadow Brook Manor would like to buy some additional land and build a new assisted living center. Th...
Questions
question
Mathematics, 26.07.2019 01:30
Questions on the website: 13722363