You need $25,556 at the end of 6 years, and your only investment outlet is an 11 percent long-term certificate of deposit (compounded annually). with the certificate of deposit, you make an initial investment at the beginning of the first year. use appendix b and appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. what single payment could be made at the beginning of the first year to achieve this objective? (do not round intermediate calculations. round your final answer to 2 decimal places.)

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?