Answer:
$2,583
Explanation:
The required value of your account at year 35 is:
$70,000 / 0.1 = $700,000
FV = $700,000. This is the required amount you need to have in your account 35 years from now
i/r = 10%. The interest that the account pays
n = 35 years
PV = 0
PMT (The amount of annual deposit required to achieve the target above. This is the missing value we need to calculate)
By using financial calculator, we obtain:
PMT = $2,583
Answer:
I'm pretty sure you should choose choices
B) more people start drinking orange juice for breakfast.
D) a new study suggests that orange juice is good for healthy bones.
Answer:
Usher Sports Shop's cash flow from operations for 2018: $5,414,000
Explanation:
Cash at the end of the year = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities + Cash flows from operating activities
Therefore:
Cash flows from operating activities = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities - Cash at the end of the year
Cash flows from investing activities of ($2,150,000) <0 and cash flows from financing activities of ($3,219,000) <0.
Cash flows from operating activities = -$980,000 + $2,150,000 + $3,219,000 + $1,025,000 = $5,414,000
Answer:
$1,420,000 is the correct answer.
Explanation:
Answer:
Explanation:
Cost of inventory = Purchase cost + Transportation cost - Purchase return - Purchase discount
Purchase cost = 23,400
Transportation cost = 690
Purcahse return = 1300
Purchase discount = (23400 - 1300)*3% = 663
Cost of inventory = 23,400 +690-1300-663 = 22,127
