Answer:
Final Value= $414,135.43
Explanation:
Giving the following information:
Quarterly deposit= $32,000
Number of quarters= 3*4= 12
Interest rate= 0.0545/4= 0.01363
To calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
FV= {32,000*[(1.01363^12)-1]} / 0.01363
FV= $414,135.43
Answer:
The answer is: There are different versions of the retail inventory method.
Explanation:
There are several types of retail inventory method:
- the conventional (lower of average cost or market) method,
- the cost method
- the LIFO retail method
- the dollar value LIFO retail method
The retail inventory method is very useful for large retailers (e.g. grocery stores, hypermarkets, etc.). Its greatest advantage is that the inventory balance can be calculated without a physical count.
Answer:
Free cash flow is $8,925,000
Explanation:
Free cash flow is the net cash cashflow available for the shareholders or for the reinvestment after paying all capital expenditure.
Free Cash flow
Earning Before Interest and Tax $10,400,000
Add: Depreciation expenses $1,000,000
Less: Capital expenditures $1,900,000
Less: Increase in net working capital <u>$575,000 </u>
Free cashflow $8,925,000
Answer:
As the salesperson person gave the offer to Peter which he was not sure about, Peter said that he will come back in an hour but Peter didn't came instead his neighbour Sean came and asked salesperson to buy that boat on the price he told to person to according to the rule of offer this offer was made to Peter not Sean. If Peter would have accepted it then salesperson and Peter would be in contract but in this case now the offeror is Sean and Offeree if salesperson so it is up to him to accept the offer. Until the salesperson does not accept the offer then contract has not been form. If the salesperson accepts the offer of 35,750 then the contract will be formed.
This isn’t considered a smart goal because it’s not attainable (C) since you can’t make 10,000 a month at a fast food restaurant, even more so when you’re working first time. So the answer is C
