The table shows a series of deposits at different dates into a savings account. If the account pays 10.5% interest (compounded annually), what is their future value at year 6?
Year Cash Flow
1 $35,000
2 $7,000
3 $13,000
4 $15,000
5 $5,000
A) $109,477.35
B) $99,074.53
C) $75,000.00
D) $107,569.55
E) $97,790.50
A
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For several years, Flame Corporation has had a current ratio that was consistent with other companies in its industry. For the most recent year, Flame's current ratio was significantly higher than that for the industry. What is the best possible explanation for this situation?
a. The other companies in the industry were not as profitable. b. Flame's liquidity has improved or is not leveraging financial resources effectively. c. Flame has less property, plant and equipment than other companies. d. Flame has too much debt.
In the shipbuilding industry, Polish and Chinese shipyards offer simple, standard vessel types at low prices that reflect low production costs. This represents generic strategy related to:
A) cost leadership. B) differentiation. C) cost focus. D) focused differentiation. E) cost differentiation.
Stockholders' equity equals contributed capital plus retained earnings
Indicate whether the statement is true or false
Which of the following sentences uses the prepositions "of" and "off" correctly?
A. Louisa told her dog to get off the couch immediately. B. David couldn't think off another idea. C. Lee and Scott were tired off their schedules. D. Walker wanted to get of the steep slope but couldn't do it.