Reference no: EM13850162
You are required to submit summaries (one A4 page maximum and not a verbatim reproduction of the original) of your understanding of the assigned readings before the class meetings.. Every week, you will go through one of the Warren Buffett's Letters to Shareholders, starting from 2012 to 2003 and identify a few takeaways from the letter. You can find these letters here:
https://www.berkshirehathaway.com/letters/letters.html
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Make monthly deposits into retirement account
: You are planning to make monthly deposits of $480 into a retirement account that pays 8 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 25 years?
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Solve the given ethics issues
: You are the claims supervisor of XYZ Company reporting to the Regional Vice President of Claims at the same branch. On Tuesday morning, you learn that one of your staff, Bill, died the night before in a one-car accident
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Interest rate on that bond
: 1. Suppose the price of a bond is initially $900 but increases to $950. What is happening to the interest rate on that bond?
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Calculate gain or loss on disposal-fixed depreciation
: Genetic Insights Co. purchases an asset for $11,645. This asset qualifies as a seven-year recovery asset under MACRS. The seven-year fixed depreciation percentages for years 1, 2, 3, 4, 5, and 6 are 14.29%, 24.49%, 17.49%, 12.49%, 8.93%, and 8.93%, r..
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Identify a few takeaways from the letter
: You are required to submit summaries (one A4 page maximum and not a verbatim reproduction of the original) of your understanding of the assigned readings before the class meetings.. Every week, you will go through one of the Warren Buffett's Lette..
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Calculate accumulated depreciation
: Genetic Insights Co. purchases an asset for $19,193. This asset qualifies as a seven-year recovery asset under MACRS. The seven-year fixed depreciation percentages for years 1, 2, 3, 4, 5, and 6 are 14.29%, 24.49%, 17.49%, 12.49%, 8.93%, and 8.93%, r..
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Calculate book value of an asset
: Genetic Insights Co. purchases an asset for $19,773. This asset qualifies as a seven-year recovery asset under MACRS. The seven-year fixed depreciation percentages for years 1, 2, 3, 4, 5, and 6 are 14.29%, 24.49%, 17.49%, 12.49%, 8.93%, and 8.93%, r..
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What is the loan term-notoriously known as slow-payer
: The Art Gallery is notoriously known as a slow-payer. The firm currently needs to borrow $25,000 and only one company will loan to them. The terms of the loan call for weekly payments of $500 at a weekly interest rate of .45 percent. What is the loan..
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Is trade finance is trade credit and insurance guarantees
: According to the World Trade Organization (WTO), a significant percentage of world trade relies on trade finance. Trade finance is trade credit and insurance guarantees, mostly of a short-term nature.
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