All categories

2 years ago

The present value of $121,000 expected one year from today at an interest rate (discount rate) of 10 percent per year is:_______

1 answer:

4 0

The present value of $121,000 expected to be received one year from today at an interest rate (discount rate) of 10% per year is (C) $110,000.

<h3>What is the discount rate?</h3>

The discount rate is the interest rate charged to commercial banks and other financial institutions for Federal Reserve Bank short-term loans.
The interest rate used in discounted cash flow (DCF) analysis to assess the present value of future cash flows is referred to as the discount rate.
The formula for Discount Rate: First, the present value is divided by the value of a future cash flow (FV) (PV) The previous step's result is then multiplied by the reciprocal of the number of years (n) Finally, the discount rate is calculated by subtracting one from the value.
As an example, the present value of $121,000 projected to be received one year from today at a ten percent annual discount rate is $110,000.

Therefore, the present value of $121,000 expected to be received one year from today at an interest rate (discount rate) of 10% per year is (C) $110,000.

Know more about discount rates here:

brainly.com/question/7459025

#SPJ4

The complete question is given below:
The present value of $121,000 expected to be received one year from today at an interest rate (discount rate) of 10% per year is:

A) $121,000

B) $100,000

C) $110,000

D) None of the above

You might be interested in

Changes in accounting estimates are: Multiple Choice Extraordinary items. Accounted for with a cumulative "catch-up" adjustment.

Tom [10]

Answer:

The answer is D. Accounted for in current and future periods.

Explanation:

A change in accounting estimate is an adjustment of the carrying value of an asset or liability arising from reassessing the expected future economic benefits and obligations associated with that asset or liability.

Changes in accounting estimates must be shown in the accounting period in which the estimates are revised and periods after i.e accounted for prospectively. Example is a change in useful life and salvage value of a fixed asset

4 0

3 years ago

Casey Motors recently reported net income of $148 million. The firm's tax rate was 40.0% and interest expense was $46 million. T

HACTEHA [7]

Answer:

$61,640,000

Explanation:

Earning before tax:

= Net income ÷ 60%

= $148,000,000 ÷ 60%

= $246,666,667

EBIT:

= Earning before tax + Interest expense

= $246,666,667 + $46,000,000

= $292,666,667

EVA:

= EBIT(1 - t) - (Capital employed × cost of capital)

= $292,666,667(1 - 0.4) - ($1,036,000,000 × 11%)

= $175,600,000 - 113,960,000

= $61,640,000

3 0

3 years ago

Fiona raised 2/7 of the money and Patrick raised 3/5 of the money. The rest of the money was raised by the rest of the group. Wh

Stels [109]

Answer:

31/35

Explanation:

Fiona + Patrick = 2/7 + 3/5

$\frac{10 + 21}{35} = \frac{31}{35}$

4 0

3 years ago

Read 2 more answers

Your annual budget to hire a social media team is $620,000. If each member on the team is paid $18/an hour and works a total of

avanturin [10]

The number of team members you can hire based on your annual budget of $620,000 for the social media team is <u>16</u>.

<h3>What is budgeting?</h3>

Budgeting is the process of making a financial estimate of expected revenue and expenditure for a period.

Budgeting ensures that sufficient funds are made available and spending does not exceed the budgeted amount.

<h3>Data and Calculations:</h3>

Annual budget for media team = $620,000

Member's rate per hour = $18

Total hours worked per year by a member = 2,040

A member's earnings per year = $36,720 ($18 x 2,040)

The number of team members to hire =16.9 ($620,000/$36,720)

Thus, the number of team members to hire for the social media team is <u>16</u>.

Learn more about budgeting at brainly.com/question/24940564

7 0

2 years ago

Which individual is a producer? a quality control manager who works in a busy restaurant a mother who demands quality produce fo

Ostrovityanka [42]

The answer is: a quality control manager who works in a busy restaurant

To be considered as a producer, we need to create some sorts of goods or services and exchange it with the customers in order to obtain some sort of financial gain. Quality control manager fall into this category because the manager created services in form of expertise in managing restaurants business in exchange for salaries.

7 0

3 years ago

Read 2 more answers