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AlexFokin [52]
3 years ago
10

(a) A local bookseller is considering expanding store space to increase his capacity for books.

Business
1 answer:
Ksju [112]3 years ago
8 0

The book seller should invest in the extra space.

<u>Explanation:</u>

As per the given data:

rent for the additional space given is $300 per year, the additional profit that will be pulled by adding on the space = $4000 per year, the current rate of interest given is = 12%

In order to calculate about the decision, the present values needs to be calculated first

The present value of the investment = (- $ 3000 plus $ 4000) by 1.121

The present value of the investment = $ 571.43

The present value of the investment is positve, hence the book seller should invest in the extra space.

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In 2018, Usher Sports Shop had cash flows from investing activities of $440,000 and cash flows from financing activities of −$45
Kipish [7]

Answer:

$15,000

Explanation:

Calculation for Usher Sports Shop’s cash flow from operations for 2018

Cash flows from investing activities $440,000

Less Cash flows from financing activities ($450,000)

Less Net change in cash and marketable securities ($25,000)

($625,000-$600,000)

Cash flow from operations for 2018 $15,000

Therefore Usher Sports Shop’s cash flow from operations for 2018 will be $15,000

3 0
3 years ago
Sports​ Medicine, Inc., offers two types of physical exams for​ students: the basic physical and the extended physical. The char
kramer

<em>Explanation</em>:

Second Quarter Sales budget

<u>Forecasted Physical Exam. (Basic at $95 per exam and Extended at $150)</u>

July

Basic > 240 =95*240=23,040

Extended > 165 = 150*165=25,200

August  

Forecasted Physical Exam.

Basic > 250 = 95*250=23,750

Extended > 215 =150*215=32,250

September

Forecasted Physical Exam.

Basic > 80  =90*80 =7,200

Extended > 90 =150*90 =13500

Total Gross Sales

Basic=$53,990

Extended=$70,950

3 0
3 years ago
I will cash app any money you need.
IgorLugansk [536]

Answer:

1 annoying customers

2 dirty dishes

3 fast orders

Explanation:

1 try to make sure the dish is correct

2 make sure all dishes r clean before opening

3 pre make usual meal orders

5 0
3 years ago
A coin sold at auction in 2017 for $1,965,500. The coin had a face value of $5 when it was issued in 1794 and had previously bee
aksik [14]

Answer:

0.0642 or 6.42%

Explanation:

The period 't' between the year when the coin was issued, 1794, and 1971 is:

t=1971-1794 \\t=177\ years

If the coin had a value of $5 and after a period of t=177 years it was worth $305,000, the annual tax rate by which the coin appreciated is determined by:

305,000 = 5*(1+r)^{177}\\r=\sqrt[177]{61,000}-1\\r=0.0642=6.42\%

The annual rate was 0.0642 or 6.42%.

4 0
3 years ago
Describe the two primary functions of financial accounting
andreev551 [17]

Answer: Measurement and presentation of financial performance

Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.

The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.

Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.

6 0
3 years ago
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