Speedy Runner makes running shoes and they are anticipating the incurrence of the following operating expenses during the upcoming year: Cost Sales commission $ 2 per pair of shoes sold Salaries $ 540 comma 000 Shipping expenses $ 5.00 per pair of shoes sold Bad debt expense 1.5% of sales revenue Depreciation on sales vehicles $ 28 comma 000 Advertising $ 20 comma 500 Speedy Runner plans to sell 127 comma 000 pairs of shoes at $100 per pair. What will Speedy Runner budget for cash disbursements related to operating expenses?

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?