A ski chalet at Peak n' Peak now costs $250,000. Inflation is expected to cause this price to increase at 5 percent per year over the next 10 years before Chris and Julie retire from successful investment banking careers. How large an equal annual end-of-year deposit must be made into an account paying an annual rate of interest of 13 percent in order to buy the ski chalet upon retirement?
A) $8,333
B) $13,572
C) $25,005
D) $22,108
D) $22,108
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Researchers have defined two main personality types to gauge how workers cope under pressure. These types fall under what dimension of personality?
A. internal and external locus of control B. introversion and extroversion C. Type A and Type B orientation D. sensing and intuitive
Common shareholders have a residual claim on all income after creditors and preferred shareholders receive amounts contractually owed them
Indicate whether the statement is true or false
Wollan Corporation has two operating divisions--an East Division and a West Division. The company's Logistics Department services both divisions. The variable costs of the Logistics Department are budgeted at $39 per shipment. The Logistics Department's fixed costs are budgeted at $402,400 for the year. The fixed costs of the Logistics Department are determined based on peak-period demand. Percentage of Peak-period Capacity RequiredBudgeted ShipmentsEast Division 15?% 1710? West Division 85?% 5440? At the end of the year, actual Logistics Department variable costs totaled $300,105 and fixed costs totaled $428,000. The East Division had a total of 2560 shipments and the West Division had a total of 4850 shipments for the year.How much actual Logistics Department cost should
not be allocated to the operating divisions at the end of the year? A. $25,600 B. $36,715 C. $0 D. $11,115
Presidential interventions to prevent strikes that might seriously harm the public interest are called:
A. national emergency strike procedures. B. sympathy strike procedures. C. illegal government interventions. D. general strike prevention procedures.