subject
Business, 15.04.2020 04:17 Crxymia

Hooman Corp. is planning to build a new manufacturing plant on January 1, 2030. To provide cash need for the construction. Hooman Corp. will make ten annual contributions to a plant expansion fund starting December 31, 2020. The first three payments will be $100,000 each, second three payments will be $200,000 each, and the final four payments will be $300,000 each. Fund will earn interest of 10% until December 31, 2022. From January 1, 2023 to December 31, 2025, the interest rate will be 12%. Interest rate for the last four years will be 8%. What will be the balance of plant expansion fund at December 31, 2029

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:10
(4 points) suppose the production function in the solow model is given by yt = ak¯ 3/4 t l 1/4 t . (a) what are the five equations and five unknowns that summarize the solow model? (b) show the transition dynamics in the solow model if ¯sy0 < ¯dk0. make sure you label the axes, curves, initial level of capital and steady-state level of capital. (c) solve for capital, output, capital per person, and output per person in the steady state. (d) if a¯ = 2, l¯ = 4, ¯s = 0.2, and ¯d = 0.05, calculate the steady-state level of capital and output per person.
Answers: 3
question
Business, 22.06.2019 05:40
Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?
Answers: 1
question
Business, 22.06.2019 08:00
Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done
Answers: 1
question
Business, 22.06.2019 09:00
Aminor has the legal right to repudiate
Answers: 2
You know the right answer?
Hooman Corp. is planning to build a new manufacturing plant on January 1, 2030. To provide cash need...
Questions
question
History, 01.12.2020 23:00
question
Mathematics, 01.12.2020 23:00
question
Mathematics, 01.12.2020 23:00
Questions on the website: 13722362