Answer:
Return on investment = 86.49 %
so correct option is B. 86.49%
Explanation:
given data
Operating income = $1,600,000
Net sales = $13,500,000
Average total assets = $1,850,000
target rate of return = 30%
to find out
company's return on investment
solution
we get here Return on investment that is express as
Return on investment = Operating income ÷ Average total assets .............1
put here value we get
Return on investment =
Return on investment = 0.86486
Return on investment = 86.49 %
so correct option is B. 86.49%
Answer:
Difference = $9773.02
Explanation:
An annuity is a series of cash flows or payments that are of constant amount, occur after equal intervals of time and are for a limited and defined period of time. Thus, the winnings from lottery are an annuity as they pay a fixed amount $11300 every year for 21 years.
The annuity can be of two types namely ordinary annuity and annuity due. In ordinary annuity the cash flows occur at the end of the period and in annuity due, the cash flows occur at the beginning of the period. When we calculate the present value of these cash flows, it is understood that the present value of annuity due is greater than the present value of ordinary annuity.
The formulas for the present value of both ordinary annuity and annuity due are attached.
In the formula, R is the annuity payment or cash flow and i is the relevant interest rate and n is the number of years or periods.
PV of annuity ordinary = 11300 * [ (1 - (1+0.1)^-21) / 0.1 ]
PV of ordinary annuity = $97730.24548 rounded off to $97730.25
PV of annuity due = 11300 * [ (1 - (1+0.1)^-21) / 0.1 ] * (1+0.1)
PV of annuity due = $107503.27
Difference = 107503.27 - 97730.25
Difference = $9773.02
1.) Does it come with 4 wheel drive
2.) How long is the warranty
3.) What does the warranty cover
4.) What are some common repairs
5.) what is the gas mileage and how many miles are on it
<span>#1) What is the minimum number of sides that the polygon at the base of the prism must have?
Answer: I believe that the two factors that are not included in real GDP per capita, but are included in another standard of living measurement is the Transfer of Assets and Transactions. For example when people grow their own food in their own garden, their consumption is not added to the GDP. Also giving used things to other people like a friend.
<span>
I hope it helps, Regards. </span></span>