Charles Moore wants to deposit an equal amount each month into an account that will pay 9% compounded monthly. If Charles wants to end up with a future value of $15,00 . after 25 months, how much should he deposit each month? Use Tables 23-1A and 23-1B or a calculator
$15,00 . ÷ 27.38488 = $547.75 deposit required
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Select the incorrect statement regarding the cash budget.
A. The total cash available is calculated by adding cash receipts and the ending cash balance. B. The cash budget helps managers to anticipate cash shortages and excess cash balances. C. Cash inflows and outflows indicated on the cash budget are reported on a company's pro forma statement of cash flows. D. Cash payments may include outflows for inventory, selling and administrative expenses, and equipment purchases.
If the debit portion of an adjusting entry is to an asset account, then the credit portion must be to a liability account
Indicate whether the statement is true or false
Shane feels the presentation and negotiation have gone well, so he decides to use a direct appeal close. What would Shane most likely say to the representative of the church?
A) "Do you have any more questions about ad runs?" B) "It looks like I've covered all your questions." C) "Are you ready to sign the contract so we can close the deal?" D) "Is there anyone else we should present this information to?" E) "What is your overall opinion of my sales presentation?"
A study surveyed 158 small to medium size enterprises in Germany with a total of 18,094 employees. This study found that transformational leadership climate
a. influenced positive affective climate, which in turn influenced task performance b. influenced positive affective climate, which in turn influenced organizational citizenship c. both “a” and “b” d. none of the above