1) Seth and Stacy want to start savings plans. Seth opens an account at age 20. He invests $10,000 at 5% interest, compounded yearly. Stacy waits to open a similar account until she is 35. She also invests $10,000 compounded yearly. Neither adds any more to the account over the years. When they each turn 45, the amount in their accounts has grown. Seth has 33,863.55 in his account. Stacy has 16,288.95. Explain why their account balance is so different.

Four analysts cover the stock of fluorine chemical. one forecasts a 6% return for the coming year. the second expects the return to be negative 6%. the third predicts a return of 8%. the fourth expects a 2% return in the coming year. you are relatively confident that the return will be positive but not large, so you arbitrarily assign probabilities of being correct of 35 % comma 8 %, 17 %, and 40%, respectively, to the analysts' forecasts. given these probabilities, what is fluorine chemicals expected return for the coming year

When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be