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1) Sarah Wiggum would like to create a single investment and have $2 million at time of her retirement in thirty five years. She has found the mutual fund which will earn 4% annually. How much will Sarah have to invest today? What if Sarah were the finance major and learned how to earn the 14% annual return? How soon could she then retire?

2) Ship-to shore earned= $280,000 after taxes last year. Its expenses incorporated depreciation of= $55,000, interest expenses of= $40,000 and deferred taxes of= $20,000. Company also bought 2 new fresh water fishing boats for= $40,000 ($20,000) each. What is Ship-to-Shore’s after-tax cash flow for last year?

Basic Finance, Finance

  • Category:- Basic Finance
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