Your client, Steven, age 43, has come to you for assistance with retirement planning. He provides you with the following facts. · He earns $80,000 annually. · His wage replacement ratio has been determined to be 80%. · He expects inflation will average 3% for his entire life expectancy. · He expects to work until 68, and live until 90. · He currently has $60,000 saved, and he is averaging a 9% rate of return and expects to continue to earn the same return over time. · He has been saving $3,000 annually in his 401(k) plan. · Additionally, Social Security Administration has notified him that his annual retirement benefit, in today’s dollars will be $26,000. 1. Using calculations, explain to Steven why it is realistic to use a wage replacement ratio of 80%. 2. Using the annuity method, calculate how much capital Steven will need to be able to retire at age 68. 3. Given his current resources, does he have sufficient resources to achieve his retirement goal? Using calculations, sho

Proposal #1 would extend trade credit to some customers that previously have been denied credit because they were considered poor risks. Sales are projected to increase by $150,000 per year if credit is extended to these new customers. Of the new accounts receivable generated, 9% are projected to be uncollectible. Additional collection costs are projected to be 3% of incremental sales (whether they actually end up collected or not), and production and selling costs are projected to be 77% of sales. Your firm expects to pay a total of 40% of its income after expenses in taxes. 1) Compute the incremental income after taxes that would result from these projections: 2) Compute the incremental Return on Sales if these new credit customers are accepted: If the receivable turnover ratio is expected to be 2.5 to 1 and no other asset buildup is needed to serve the new customers… 3) Compute the additional investment in Accounts Receivable 4) Compute the incremental Return on New Investment

Please show your work. Decision #1: Which set of Cash Flows is worth more now? Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash flows you would like to receive: Option A: Receive a one-time gift of $ 8000 today. Option B: Receive a $1250 gift each year for the next 10 years. The first $1250 would be received 1 year from today. Option C: Receive a one-time gift of $15,000 10 years from today. Compute the Present Value of each of these options if you expect the interest rate to be 3% annually for the next 10 years. Which of these options does financial theory suggest you should choose? Option A would be worth $__________ today. Option B would be worth $__________ today. Option C would be worth $__________ today. Financial theory supports choosing Option _______ Compute the Present Value of each of these options if you expect the interest rate to be 6% annually for the next 10 years. Which of these options d

I need solutions to connect exam 3 for Busi 320 corporate finance.

What is one thing that you have learned about public finance and budgeting that you want to make sure you carry forward into a career in public administration?

Select one of the publicly traded corporations listed below and obtain the most current SEC Form 10-K (annual financial report) from the company's web site (Do not use the Annual Report that is sent to shareholders): The company I'm using is Apple corporation.     Calculate and analyze the following ratios for your selected company for the last two years from the SEC Form 10-K:

• Current Ratio
• Inventory Turnover
• Debt Ratio
• Time Interest Earned
• Gross Profit Margin
• Equity Multiplier
• Return on Assets
• Net Profit Margin
• Return on Equity (Use three ratio DuPont method)

Compare and contrast your company's ratios to industry and competitor standard ratios obtained from Yahoo Finance, Morningstar, MotleyFool, Macroaxis or other Internet sources, and provide a

Explore the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) Web sites, and complete the following: Explain what the IASB/FASB roadmap for convergence to International Financial Reporting Standards (IFRS) was set up to accomplish. Describe at least 1 project that is being explored with regard to the roadmap, and provide details about the objective and status of the project at this time. Review the project summary for the conceptual framework project, and respond to the following: https://www.iasplus.com/en/projects/completed/framework/framework-joint What do you view as the key differences in this project? Provide your opinion on whether you believe that a single set of standards should be the goal of a global economy. What do you see as the benefits and barriers to the process?

Complete the table for Homework for Unit 10 Homework Practice Problems. After you determine your annual salary, divide by 12 to get monthly salary and base budget for monthly expenses. Be sure to list the fraction, decimal, and percentage representations correctly. This assignment is to help you organize for the Financial Literacy Project. It is worth 20 points: 5 points for expense list and amount, 5 points for correct fraction, 5 points for correct decimal, and 5 points for correct percent. Important Note: The final version of this table should also be included in your Financial Literacy Assignment.

My proposal file is after proofreading I would like to tell you this last chance for me to succeed.   I also hope you will work and adjust all the supervisor's notes. ------------------------------------------------------------------------------------------------------------------ This are my supervisor feedback you must address all of them   Introduction could be (much) more closely geared to explaining the contents of the proposal. It is actually a ‘background to intended field of research.   Aims and Objectives could be more precise.     Theoretical Literature Review would be improved with the inclusion of an introductory sentence to explain what the review covers (and why ) Empirical Literature Review could be more closely related to what has been tested, what the results were and how they relate to your Research Questions and forthcoming Methodology. A summary table of key (relevant) findings would have been useful.   Measurement of V