Padayappa has now retired after 40 years of employment. he just made an annual deposit to his investment portfolio and realized he has $1,700,000 (not counting home, cars, furniture, his money has been earning 7 percent per year, and inflation has been running 4 percent per year over the past 40 years.

1. what equal amount of money did he put into his investment at the end of each year?
2. what is the buying power of his $1,700,000 in terms of a base 40 years ago? $
3. what would a comparable one cost today if the consumer electronics inflation rate is -3 percent?

Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages. true or false?

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

Asemiprofessional baseball team near your town plays two home games each month at the local baseball park. they split the concessions 50/50 with the city, but keep revenue from ticket sales for themselves. the city charges the team $100 each month for the three-month season. the team pays the players and manager a total of $1,000 a month. the team charges $10 for each ticket, and the average customer spends $7 at the concession stand. attendance averages 30 people at each home game. in order to break even, how many tickets does the team need to sell for each game? a. 33b. 37c. 41e. 49f. 244