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Vinil7 [7]
2 years ago
8

Alfred has set up a company. On day 1 he bought inventory, paying 6,000.0 on credit, due for payment on day 10. On day 2 he make

s a credit sale of all his inventory for 12,500.0, due for payment on day 12. Calculate operating working capital at the end of day 11.
Business
1 answer:
9966 [12]2 years ago
7 0

The operating working capital that Alfred is going to have at the end of the day would be $12500.

<h3>How to solve for the working capital</h3>

The formula for the working capital = current assets - current liabilities

Current assets = $12500

current liabilities = 0

This is because, by the 10th day, he is supposed to have paid account payable.

The working capital would be = $12500 -0

= $12500

Read more on capital here: brainly.com/question/26214959

#SPJ1

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What is the present value of the following cash flows at a discount rate of 9 percent?
frutty [35]

Answer:

Year 1 PV = 91,743.12

Year 2 PV =126,251.99

Year 3 PV =  154,436.70  

Explanation:

<em>The present value of future sum is the amount that ought to be invested today at interest rate compounded annually to equal the sum at the end of a particular period.</em>

The present value of a future sum is given as follows:

PV = FV × PV (1+r)^(-n)

PV - present value

FV - Future value

r- interest rate

n- number of years

Year 1 PV = 100,000× 1.09^(-1) =91,743.12

Year 2 PV = 150,000× 1.09^(-2) =126,251.99

Year 3 PV = 200,000× 1.09^(-3) =  154,436.70  

4 0
3 years ago
Georgia, a widow, has take-home pay of $1,900 a week. her disability insurance coverage replaces 60 percent of her earnings afte
scoray [572]

Georgia will receive $17,100.

If Georgia was out of work for 19 weeks she would receive 60% of her weekly pay.

In order to calculate 60% you multiply $1,900 x .6 = $1,140.

Georgia’s Disability insurance will pay $1,140 per week after a four week waiting period. She is out for 19 weeks, so with the 4 week waiting period, she will collect benefits for 15 weeks. 15 weeks x $1,140 = $17,100 total.

5 0
3 years ago
The high-low method calculates the total fixed cost as the: Group of answer choices
MaRussiya [10]

Answer:

c. difference between total variable costs and total costs at a particular activity level

Explanation:

The high low method consists of calculating costs on the basis of highest & lowest activity & comparing their corresponding total costs.

Variable cost per unit is found by : change in cost divided by the change in activity level for two points

Variable Cost per unit = <u>Highest activity cost - Lowest activity cost </u>

                                      Highest activity units - lowest activity units

Fixed Cost is thereafter calculated by subtracting Total Variable Costs from Total Cost

Fixed Cost = Highest Activity Total Cost - [ (Variable cost per unit) x (highest activity units)

Fixed Cost = Lowest Activity Cost - [ (Variable cost per unit) x (lowest activity units)]

4 0
3 years ago
Stock A has the following returns for various states of the economy:
Nadusha1986 [10]

Answer:

The correct answer is b.12.7%

Explanation:

Expected return: It is used to calculate the expected value of the formula

In this question, the formula should be used which is shown below:

Expected return = Return of portfolio × Probability of portfolio

So,

For Recession, the expected return would be equal to

= -72 × 9% = -6.48%

For below average, the expected return would be equal to

= -15 × 16% = -2.4%

For average, the expected return would be equal to

= 16 × 51% = 8.16%

For above average, the expected return would be equal to

= 35 × 14% = 4.9%

For boom, the expected return would be equal to

= 85 × 10% = 8.5%

Now, do the sum of all states of the economy, so that the solution can arrive.

So, the answer would be

= -6.48% + (-2.4%) +8.16% +4.9% + 8.5%

= 12.68% round off = 12.7%

Thus, the Stock A's expected return is 12.7%

And, the correct answer is b.12.7%

6 0
3 years ago
A product sells for $250 per unit, and its variable costs per unit are $181. The fixed costs are $430,000. If the firm wants to
brilliants [131]

Answer:

$6600

Explanation:

Given: Selling price= $250 per unit

          Variable cost= $181 per unit.

           Fixed cost= $430000.

           Expected Profit= $25400.

Let´s assume the number of units sold be "x".

Revenue (R) = 250\times x= \$250x

Cost of product (C)= \$ 181\times x+ \$ 430000

∴ Cost of product (C)= \$ 181x+ \$ 430000

Now, finding the number of unit sold.

Forming an equation for profit.

We know, Profit= Revenue-cost

⇒  \$ 25400= 250x- (181x+430000)

Opening parenthesis.

⇒ 25400= 250x- 181x- 430000

⇒ 25400= 69x- 430000

Adding both side by 430000

⇒ 455400= 69x

Dividing both side by 69

⇒ x= \frac{455400}{69}

∴ x= 6600 units

Hence, total number of units sold to earn $25400 is 6600 units.

     

           

6 0
3 years ago
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