Answer: $272,900
Explanation:
Net income = $180,000
Net cash flow from operating activities:
= Net income + Depreciation + Decrease in accounts receivables + Decrease in Inventory - Increase in prepaid expenses + Increase in Income Tax payable - Decrease in accounts payable
= $180,000 + $80,000 + $8,000 + $15,000 - $4,500 + $400 - $6,000
= $272,900
Answer:
$130,085
Explanation:
Mortgage amount = P = $1,500,000
Annual percentage rate (APR) = r = 5% annually = 5%/ 12 = 0.4167%
Compounding Monthly
Period = n = 20 months
Compounded interest on 20th month = P (( 1 + r )^n ) - 1 )
Compounded interest on 20th month = $1,500,000 (( 1 + (0.004167) )^20 ) - 1)
Compounded interest on 20th month = $130,084.65 = $130,085
Answer:
The correct answer is letter "E": convergence hypothesis
Explanation:
In Economics, the convergence hypothesis describes how increasing industrialization in different countries could lead to transform the economy to an industrialized world where the <em>same societal patterns, ideologies, behaviors, and customs</em> will be spread which is likely to create a global culture.
Answer:
The correct option is <u>a. 11.27%</u>.
Explanation:
Note: See the attached excel file for the computation of the e expected return on the portfolio.
The expected return on the portfolio is the addition of the products of weight of each asset in the portfolio and the expected return of each asset.
From the attached excel file, the expected return on the portfolio is <u>11.27%</u>. Therefore, the correct option is <u>a. 11.27%</u>.
