Answer:
Final Value= $51,312.68
Explanation:
Giving the following information:
Monthly deposit= $150
Interest rate= 0.06/12= 0.005
Number of months= 9*12= 108
First, we need to calculate the future value of the first investment. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {150*[(1.005^108)-1]} / 0.005
FV= $21,410.99
The second part of the investment:
Number of years= 15
Annual interest rate= 6%
<u>I will assume that the interest rate is annually compounded now. </u>If this is not the case, just change the interest rate (0.005) and "n" (15*12=180)
We need to use the following formula:
FV= PV*(1+i)^n
FV=21,410.99* (1.06^15)
FV= $51,312.68
Answer:
$46.82
Explanation:
Present value is the sum of discounted cash flows
present value can be calculated using a financial calculator
Cash flow in year 1 = $3.06
Cash flow in year 2 = $3.42
Cash flow in year 3 = $3.78 + $56 = $59.78
I = 13%
Present value = $46.82
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
Total Stockholder's Equity = $7,200,000
Explanation:
Power Drive Corporation
Partial Balance Sheet
As on Dec.31, 2021
Stockholder's Equity:
Common Stock $100,000
Additional Paid in-Capital $4,500,000
Retained Earning at beginning $2,000,000
Add: Net income <u>$600,000</u>
Total Retained Earnings <u>$2,600,000</u>
Total Stockholder's Equity <u>$7,200,000</u>
Operating expenses are taken from the normal business operation such as administrative or selling expense. It is part of the operating cost. Markup is defined as the amount added to the cost of goods to fix a selling price. So, to answer the question above: True.
Answer:
The correct answer is Sales-orientation.
Explanation:
The orientation towards sales is seen in sectors where competition is high, usually when supply is slightly higher than demand. In these cases, if consumers are not pushed, they will not buy the company's products.
Companies are going to focus on manufacturing more products than demand is able to absorb. In order to sell them all, aggressive sales and communication policies will be used.
