Holistic holidays limited has an employment contract with loretta bloom, its newly hired ceo. the contract requires a lump sum payment of $1.5 million be paid to ms. bloom upon the successful completion of her first three years of service. holistic holidays wants to set aside an equal amount of money at the end of each month to cover this anticipated cash outflow and expects to be able to earn an annual rate of 5.65 percent compounded monthly on the funds. how much must holistic holidays set aside each month for this purpose? (a)$472,784.59 (b)$497,871.44 (c) $554,903.11 (d)$591,200.28 (e) $629,392.81

You wants to open a saving account.which account will grow his money the most

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Which of the following is a function performed by market prices? a. market prices communicate information to buyers and sellers. b. market prices coordinate the decisions of buyers and sellers. c. market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production. d. all of the above are functions performed by market prices.