Steve has just been hired and asked to complete his retirement benefits package. His company is willing to meet his contribution every year (e. g. if Steve decides to invest 5% of his salary at the end of every year into his retirement fund, his employer contributes with additional 5%, hence Steve's retirement plan is financed with an annual amount equal to 10% of his salary) and the retirement fund guarantees an annual yield of 7%. For simplicity purposes assume that Steve will have the same annual salary of 94,419 dollars for the next 28 years and then retires (assume that there is nothing else to consider, e. g. taxes). If George's goal is to have $3.5 million upon retirement, which PERCENTAGE of his income should he save every year

Jodi is trying to save money for a down payment on a house. she invests $6,000 into an account paying 5.5% simple interest. for how long must she save if she needs $7,300 for the down payment? a. 2 years b. 3 years c. 4 years d. 5 years

The framers of the us constitution created a system of government that established branches of government set forth the powers of such a branches and placed limits on those powers what are the benefits of such a system? are there any problems associated with such a system?

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.