#### Details of this Paper

##### How much she would have to pay at the end of each year, assuming a 7 percent rate of return, to yield \$100,000 at the end of 10 years.

Description

solution

Question

Kelly's Boutique has several questions for you that Excel can help answer. Kelly is planning for the future and would like you to prepare a present value analysis. Using the file ch7-04 complete a present value analysis for the following situations. Save the file as ch7-04_student_name (replacing student_name with your name). Print both a Value view and Formula view of this completed worksheet. Kelly would like to know the following;a. How much she would have to pay at the end of each year, assuming a 7 percent rate of return, to yield \$100,000 at the end of 10 years.;b. How much she would have at the end of 10 years if she invested \$65,000 today, earning 5 percent per year.;c. How much she would have at the end of 10 years if she invested \$6,325 at the end of each year, earning 9 percent per year.;d. How much she would have to invest today to have \$154,324 in 10 years, earning 12 percent per year.;Kelly has a very fluctuating workforce based on seasonal demand. She's ranged from having 10 employees in one month to 32 employees in another month. Some employees are paid a salary, others are paid hourly. She would like to know more about how these costs behave. Use the file ch7-05 to complete a cost prediction worksheet. Save the file as ch7-05_student_name (replacing student_name with your name). The worksheet should do the following;a. Calculate variable cost per employee, fixed costs, and a prediction of payroll cost with 22 employees using the Hi-Lo method.;b. Calculate variable cost per employee, fixed costs, and a prediction of payroll cost with 22 employees using the Least Squares/Regression method.;c. Display a chart of payroll/employees with a trend line. (Be sure to modify each axis so your scatter diagram is better displayed, as you did earlier in this chapter);Check figures;File 7-05;Hi-Lo Method;?Variable cost/employee \$3,318.18;Least Squares / Regression Method;?Fixed cost \$19,408.19;File 7-06;Percentage of Sales Method;?Allowance for uncollectible accounts (end) 28,000;Aging Method;?Allowance for uncollectible accounts (end) 19,020

Paper#25647 | Written in 18-Jul-2015

Price : \$32