Answer:
PMT = $95,000
Rate = 4%
Life = 8 years
a. Amount to be deposited today
= PV(Rate, N, -PMT)
= PV(4%, 8, -95,000)
= $639,610.76
b. Amount in account after 3rd withdrawal
= PV(Rate, N, -PMT)
= PV(4%, 5, -95,000)
= $422,913.12
c. Balance in account after 8th withdrawal
= = PV(Rate, N, -PMT)
= PV(4%, 0, -95,000)
= $0
d. How much would you have at the end of 8 years?
= FV(4%, 8, -639610.76)
= $875,351.49
Answer:
A. raw material inventory
Explanation:
Inventory materials are basically of 3 types namely; Raw materials, semi-finished goods and finished goods.
Raw materials are inventory materials yet to be processed. It is usually referred to as material cost.
Inventory items that have been processed but yet to be finished are called semi finished goods. Such items are also called work-in-process inventory.
Finished goods are inventory items ready to be sold.
Based on the above statements, the right option is A. raw material inventory.
Answer:
11.23%
Explanation:
Arithmetic return = Total return/Total time period
6% = (14% + 17% - 1% + x%) / 4
(6%*4) =30% + x
24% = 30% + x
x = (24% - 30%)
x = -6%
<em>For the standard deviation, we need to use </em><u><em>stdev.s function</em></u><em> in Ms Excel</em>
Standard deviation = stdev.s (14%,17%,-1%,-6%)
Standard deviation = 0.112249722
Standard deviation = 11.23%
So, the standard deviation of the stock's returns for the four-year period is 11.23%.
Answer:
d. $46,800
Explanation:
Operating revenues $199,700
Less:
Operating expenses <u> $111,000</u>
Operating Profit $88,700
Less:
Interest expense $9,200
Income tax expense <u>$36,000</u>
Net Income $43,500
Add:
Gain from sale <u> $3,300 </u>
Total Net Income <u>$46,800</u>