Problem 9-07 (algorithmic) as part of the settlement for a class action lawsuit, hoxworth corporation must provide sufficient cash to make the following annual payments (in thousands of dollars): year 1 2 3 4 5 6 payment 180 220 245 300 320 480 the annual payments must be made at the beginning of each year. the judge will approve an amount that, along with earnings on its investment, will cover the annual payments. investment of the funds will be limited to savings (at 3.75% annually) and government securities, at prices and rates currently quoted in the wall street journal. hoxworth wants to develop a plan for making the annual payments by investing in the following securities (par value = $1000). funds not invested in these securities will be placed in savings. security current price rate (%) years to maturity 1 $1065 6.25 3 2 $1000 5.225 4 assume that interest is paid annually. the plan will be submitted to the judge and, if approved, hoxworth will be required to pay a trustee the amount that will be required to fund the plan.

Match the vocabulary word to the correct definition. 1. sexual harassment 2. terminate 3. recruitment 4. professional development 5. union a. any unwanted sexual attention, the suggestions that maintaining one’s job or professional advancement depends on sexual favors, or verbal and/or physical harassment of a sexual nature b. to fire from a job or end a professional relationship c. an organization of those in the same industry who join together to more effectively bargain with employers d. the process of attracting and hiring employees e. continuing education in a chosen field

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)