Amanda has 30 years to save for her retirement. At the beginning of each year, she puts a fixed amount into her retirement account. At any point in time, all of Amanda’s retirement funds are tied up in the stock market. Historically the fund has had normally-distributed returns with a mean of 9.5% and a standard deviation of 5%. She assumes that the historical distribution will hold for the next 30 years. She wants to estimate the probability of meeting her goal of having at least $1 million for retirement. Assume that if Amanda reaches her goal before 30 years, she will stop investing and retire at that point. She wants to compare the probability for 3 different annual investment amounts: $4,000, $5,000 and $6,000.

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes