A. What is an agency relationship? What are agency problems and how do they come about? What are agency costs? B. You estimate that you will need about $60,000 to send your chlld to college In five years. You have about $25,000 now. If you can earn 20 percent per year, wll you make it? At what rate will you just reach your goal? Please please answer that please early please please answer
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A. What is an agency relationship? What are agency problems and how do they come about? What are agency costs?
B. You estimate that you will need about $60,000 to send your chlld to college In five years. You have about $25,000 now. If you can earn 20 percent per year, wll you make it? At what rate will you just reach your goal?
Please please answer that please early please please answer
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- 1. You are 25, recently graduated, and have a job paying you $40000 a year. a) You want to take a trip to Rome next summer and want to save $4000 between now (January 1) and June 1 of next year (18 months). You have an account that will earn 6% annually. How much will you need to save every month to get to the desired amount? b) You think it might be a good time to buy a condo instead of renting. You want to borrow $140,000 at 3.7% for 30 years. What will your monthly payments be? c) You plan to take off two years of work starting in five years to complete your master's degree. If you want to have $37000 in an account that you can live off, how much do you have to put aside monthly now in an account paying 5% per year? d) You want to retire in 45 years with $1 million in the bank. You think you can get an average of 5.2% annually in an investment account. How much will you have to save every year to get to $1 million? e) If your million dollar account continues to earn 5.2% a year, how…Assuming that you currently work for a consulting firm. You are considering opening your own consulting firm, where you expect to earn RM 200,000 per year once you get established. To run his own firm, you would need an office and a law clerk. You have found the perfect office, which rents for RM 50,000 per year. A law clerk could be hired for RM 35,000 per year. To open your own consulting firm, you would have to quit his current job, where he is earning an annual salary of RM125,000. What are your accounting costs? What are your opportunity costs? Would your consulting firm be profitable? How much would you need to make in revenues to earn Positive economic profits?Ethical Behavior Consider the following scenario between Dave, a printer, and Steve, an assistant in the local universitys athletic department. Steve: Dave, our department needs to have 10,000 posters printed for the basketball team for next year. Heres the mock-up, and well need them in a month. How much will you charge? Dave: Well, given the costs I have for ink and paper, 1 can come in at around 5,000. Steve: Great, heres what I want you to do. Print me up an invoice for 7,500. Huts our budget. Then, when they pay you, you give me a check for 2,500. Ill make sure that you get the job. Required: CONCEPTUAL CONNECTION Is Steves proposal ethical? What should Dave do?
- Suppose that you are in the fall of your senior year and are faced with the choice of either getting a job when you graduate or going to law school. Of course, your choice is not purely financial. However, to make an informed decision you would like to know the financial implications of the two alternatives. Let's assume that your alternatives are as follows: If you take the "get a job" route you expect to start off with a salary of $40,000 per year. There is no way to predict what will happen in the future, your best guess is that your salary will grow at 5 percent per year until you retire in 45 years. As a law student, you will be paying $25,000 per year tuition for each of the 3 years you are in graduate school. However, you can then expect a job with a starting salary of $75,000 per year. Moreover, you expect your salary to grow by 7 percent per year until you retire 39 years later. Clearly, your total expected lifetime salary will be higher if you become a…uppose that you are in the fall of your senior year and are faced with the choice of either getting a job when you graduate or going to law school. Of course, your choice is not purely financial. However, to make an informed decision you would like to know the financial implications of the two alternatives. Let's assume that your alternatives are as follows: If you take the "get a job" route you expect to start off with a salary of $45,000 per year. There is no way to predict what will happen in the future, your best guess is that your salary will grow at 5 percent per year until you retire in 43 years. As a law student, you will be paying $20,000 per year tuition for each of the 3 years you are in graduate school. However, you can then expect a job with a starting salary of $75,000 per year. Moreover, you expect your salary to grow by 8 percent per year until you retire 36 years later. Clearly, your total expected lifetime salary will be higher if you become a…Suppose that you are in the fall of your senior year and are faced with the choice of either getting a job when you graduate or going to law school. Of course, your choice is not purely financial. However, to make an informed decision you would like to know the financial implications of the two alternatives. Let's assume that your alternatives are as follows: If you take the "get a job" route you expect to start off with a salary of $35,000 per year. There is no way to predict what will happen in the future, your best guess is that your salary will grow at 4 percent per year until you retire in 44 years. As a law student, you will be paying $30,000 per year tuition for each of the 3 years you are in graduate school. However, you can then expect a job with a starting salary of $75,000 per year. Moreover, you expect your salary to grow by 8 percent per year until you retire 38 years later. Clearly, your total expected lifetime salary will be higher if you become a…
- You work in a company. You are offered the choice of two payments streams. A. $250 paid now. B. $150 paid now, $50 paid three months from now, and $150 paid ten months from now. If you want both of them to be equal, What should the intrest rate be?3. Suppose a high schools graduate earns $40,000 per year while a college graduate makes $80,000. Assume these wages will not change over time, and there are no other benefits to going to college. Explicit costs of going to college (tuition, books, supplies, etc.) are $30,000 per year. Ignore the psychic costs. The college education lasts four years. The retirement age is 65. a. Say an 18 year-old decides to obtain college education. What can her annual discount rate be? b. Say a 40 year-old has a discount rate of 5%. Will this person go to college?You have a job in a company that pays you P350,000 per year. For a better future, you want to get a Master's degree that could cost P100,000 but cannot continue your job while studying. If you decide to give up your job and return to school to earn a Master's degree, how much would be your opportunity cost?
- You give up a full-time salary of $45,000 a year to go to school for 2 years. The total cost of going to school is $30,000. If you want to be able to recover your investment in 5 years or less, what is the minimum salary you would need to earn upon earning your degree? a $51.000 b. $60.000 C $69,000 d $75.000Discussion Topic To secure your financial future, you must have some source of income. While income can be earned in a variety of ways, most people earn their income by working. Suppose you're offered two jobs. One pays a salary of $45,000 a year, the other pays $15 an hour, with potential to earn time and a half for any hours that exceed your base hours. (Time and a half is 1.5 times your standard rate of pay.) What other information do you need before you can make an educated decision? Assuming you have the information you need, which option would you choose? Why? State all of your assumptions. Are there other factors to consider besides rate of pay when finding work? If so, what are they?Answer in excel 4. A high school student counselor for college education advises a senior that if she attends a private college to which she has been accepted, her annual cost after scholarship will be $12000 for each of four years. After graduating, she can expect to earn for the next twenty years $8000 year more a year than she would have if she did not go to college.a. What is the internal rate of return on this investment?