Ken has just retired. His Roth IRA has a present value of $524,856. 00 and has an interest rate of 3. 4%, compounded annually. In addition, he receives a yearly pension of $32,615. 12. Given that Ken plans to draw from his Roth IRA for the next fifteen years, find his total annual income. A. $86,483. 17 b. $77,862. 30 c. $50,503. 76 d. $49,915. 55.

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr