1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kompoz [17]
3 years ago
9

Beacon Industries disclosed the following minimum rental commitments under non-cancelable operating leases in its 2017 annual re

port: Minimum operating lease payments Amount (in millions) 2018 $ 89 2019 58 2020 42 2021 32 2022 25 Total $246 What is the present value of these operating lease payments, assuming a 6% discount rate?
A. $246 million
B. $215 million
C. $ 70 million
D. $225 million
E. None of the above
Business
1 answer:
eduard3 years ago
3 0

Answer:

B. $215 million 

Explanation:

The present value of the payment can be found by discounting each cash inflow by the 6% discount rate.

The present value can be found using a financial calculator:

The cash flow for year one = $89

The cash flow for year two = $58

The cash flow for year three = $42

The cash flow for year four = $32

The cash flow for year five = $25

All cash flows are in millions

I = 6%

NPV = $214.87 Million

I hope my answer helps you

You might be interested in
First National Bank charges 13.7 percent compounded monthly on its business loans. First United Bank charges 14 percent compound
Liula [17]

Answer:

First National Bank    = 14.6%

First United Bank.=   = 14.8%

Explanation:

<em>Effective annual rate is the equivalent annual rate o where interest rate is compounded at an interval shorter than a year.</em>

It can be calculated as follows:

EAR = ( (1+r)^(n) -1) × 100

r -interest rate per period

n- number of period

EAR - Effective annual rate

First National Bank

r - interest rate per month = 13.7%/12 = 1.141%

number of period = 12 months

EAR =( (1+011141)^(12) - 1) × 100

       =  0.145938395 × 100

       = 14.59

      = 14.6%

First United Bank.

r- interest rate per quarter - 14%/4 = 3.5% per quarter

n- number of quarters = 4

EAR = ((1+0.035)^(4)- 1) × 100

      = 0.147523001 × 100

      = 14.8%

 

8 0
3 years ago
Which response core capability involves ensuring the capacity for timely communications in support of security, situational awar
xeze [42]

<span>On-scene security, Protection, and Law Enforcement</span>

On-scene security, Protection, and Law Enforcement entails conducting appropriate measures to ensure the protection of the health and safety of the public and workers, as well as the environment, from all hazards in support of the responder operations and the affected community

7 0
3 years ago
Read 2 more answers
Non verbal communication is also referred to as
quester [9]

It can be called facial expressions

6 0
3 years ago
Read 2 more answers
The Constitution defines all of the following as limits of the government’s power to tax except that _____.
Arisa [49]
Constitution has something called Bill of Rights which are your rights. Also,  Supreme Court (Judicial branch) is there to interpret the laws. They can declare a law unconstitutional and all disputes between individual and government are settled in Supreme Court. 
4 0
3 years ago
If the price of Coca-Cola increases from 50 cents to 60 cents per can and the quantity demanded decreases from 100 cans to 50 ca
yawa3891 [41]

Answer:

E. Elastic

Explanation:

Unit elastic demand is when the quantity demanded changes by the same percentage that the price does.

Inelastic demand is when the quantity demanded changes less than the price does.

Elastic demand is when an increase in prices causes a bigger percentage fall in demand. It is also when price or other factors have a big effect on the quantity consumers want to buy. In this case; the price rises 20% (50 to 60) and demand falls 50% (100 to 50), so the demand for Coca-Cola is elastic

6 0
3 years ago
Read 2 more answers
Other questions:
  • With ______, books don't have to be printed on paper to be distributed.
    6·1 answer
  • A stock is expected to pay a dividend of $1 per share in 2 months and in 5 months. the stock price is $50, and the risk-free rat
    7·1 answer
  • You have just been hired as a database administrator for an international corporation that is a holding company for many other c
    8·1 answer
  • ___________ is the ability of a product to satisfy a customer. A. Economic utility B. Value C. Purchasing power D. Outsourcing
    5·1 answer
  • For the year ending December​ 31, 2018, Sparks Electric expects net cash provided by operations of $ 328, 000​, net cash used by
    6·1 answer
  • During the current year, Vann County’s motor pool internal service fund sold two vehicles for $5,000. The vehicles had a cost of
    15·2 answers
  • Vin Diesel owns the Fredonia Barber Shop.
    11·1 answer
  • 22. The price at which a bond sells is equal to the: A) Sum of the future interest payments, plus the maturity value of the bond
    9·1 answer
  • The u.s. dollar is defined as: commodity money, because it is widely used to buy commodities. fiat money, because it was establi
    14·1 answer
  • What's the definition of user retention and why it is important?<br> What drives user retention?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!