Josh is graduating at the end of the academic year with a BS degree in engineering. He already has an offer with a good company for $58,000. He has learned that those who continue along a technical path in the company typically receive increases of 6 percent per year. Now that Josh smells the diploma and the money, he is ready to get out and make his mark in the company. Josh�s family, however, have encouraged him to consider completing a MS degree, thereby deferring employment for 2 years. Josh has learned that in the same company, those with an MS degree who remain on a technical path earn increases of 7.2 percent. With a graduate assistantship, Josh will have to pay only $8,000 per year out of his own pocket. He will be 23 when he graduates with the BS degree, 25 when he completes an MS degree, and 65 when he retires. All salaries and costs are considered to occur at the end of the year. Based on the PW of salaries and costs at Josh�s TVOM of 7 percent, what must his minimum starting salary be to justify staying for the MS degree?
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On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:
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Josh is graduating at the end of the academic year with a BS degree in engineering. He already has a...
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