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QveST [7]
3 years ago
6

Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 –$218,917 –$16,419 1 25,700 5,985 2 5

3,000 8,370 3 58,000 13,931 4 420,000 8,655 Whichever project you choose, if any, you require a 6 percent return on your investment. What is the IRR (in %) for Project A?
Business
1 answer:
Kryger [21]3 years ago
5 0

Answer:

The IRR (in %) for Project A is 31%.

Explanation:

Let IRR be x%

At IRR, present value of inflows = present value of outflows.  

218917 = 25700/1.0x + 53000/1.0x^2 + 58000/1.0x^3 + 420,000/1.0x^4

solving for x, we find:

x = 31%

Therefore, The IRR (in %) for Project A is 31%.

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"The interest rate charged from the banks to broker-dealers on loans where securities are collateral is the:"
vampirchik [111]

Answer: broker loan rate

Explanation:

The broker loan rate is also refered to the call loan rate and it is the interest rate that is charged from the banks to broker-dealers on loans where securities are collateral.

It should be noted that the iterest rates that are given on broker loan rates are just a little above the short term interest rates.

6 0
2 years ago
Samantha invested $14,000 at 6% simple interest for 1 year. How much is in the account at the end of the 1 year period
algol13

Explanation:

The interest = PTR/100

So, here P = Principcal

T = time

R = Rate of interest

= 14000 x 6 x 1 / 100 = 840

So interest = 840

So, The amount at the end = Principcal + Interest

= 14000 + 840 = 14840

6 0
3 years ago
Using the following information, prepare a bank reconciliation for Cullumber Company for May 31, 2022. a. The bank statement bal
N76 [4]

Answer:

Bank Reconciliation Statement:

<u>Balance as per bank Statement    $9,100</u>

Balance as per Cash Book:           $6,830

Less: Bank Charges:                      $(10)

Add: Note Collection in bank:       <u>$420</u>

Adjusted cash book balance        $7,240

Add: Outstanding Checks             $2,460

Less: Uncleared Deposits             <u>$600</u>

<u>Balance as per cash book:           $9,100</u>

Explanation:

Starting point to prepare bank statement is to calculate adjusted cash bank balance by making transactions recorded in bank but not in cash book i.e bank charges and direct deposits.

After that timing differences are adjusted for checks sent for payment but not presented yet in bank to be paid often know as un presented checks and uncleared deposits.

7 0
3 years ago
Read 2 more answers
Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 55,00
pickupchik [31]

Answer:

If the company makes the component, $165,000 will be saved.

Explanation:

Giving the following information:

Units production= 55,000 units

Production costs:

Direct materials $5

Direct labor $9

Avoidable Overhead= 3

Direct materials and direct labor are 100% variable.

An outside supplier has offered to supply the 55,000 units of RX5 for $20.00 per unit.

We need to determine the total cost of making in-house and buying.

<u>We will take into account only the variable cost (avoidable cost).</u>

<u>Make in-house:</u>

Total cost= 55,000*(5 + 9 + 3)= $935,000

<u>Buy:</u>

Total cost= 55,000*20= $1,100,000

If the company makes the component, $165,000 will be saved.

4 0
3 years ago
Ruth, a fema supervisor, has a side business selling cookware out of her home. can she sell any merchandise to her subordinates
Zanzabum
<span>No, Ruth may not sell in the office but may contact subordinates after hours.
As fema Supervisor, Ruth has the obligation to maintain overall Fema Operations during her work hour.
After she finished her shift on the other hand, Ruth has the right to conducting her own business.</span>
5 0
3 years ago
Read 2 more answers
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