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3 years ago

1 point

Business

1 answer:

Annette [7]3 years ago

7 0

Answer:

5.33%

Explanation:

From the question,

We have the following:

Nominal rate was put at = 8.5% = 0.085

Rate of inflation = 3% = 0.03

The formula for actual or real rate of return =

= [(1 + nominal rate)/(1+inflation rate)]-1

= (1 + 0.085/1+0.03)-1

= (1.085/1.03)-1

= 1.0533-1

= 0.0533 x 100

= 5.33%

In conclusion, the actual or real rate of return is 5.33 percent

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Answer:

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3 years ago

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ira [324]

Answer:

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Explanation:

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This means that inventory in 2020 was overstated by $5,000 ($38-$33)*1000)), costs of good sold in year 2020 was understated by $5,000 hence net income was overstated by $5,000

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4 years ago

Kacy Spade, owner, invested $10,500 cash in the company in exchange for common stock. The company purchased office supplies for

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Answer:

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Explanation:

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Trial balance tests the arithmetical accuracy of postings done in the ledgers by summarizing the ledgers' balances in the trial balance.

Download xlsx

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4 years ago

Simpson Enterprises is considering a new project with revenue of $325,000 for the indefinite future. Cash costs are 63 percent o

melamori03 [73]

Answer:

net present value = 133808.82

Explanation:

solution

we find here present value of cash inflows that is

Cash inflows = $325,000

and

cash costs @63% = $204,750

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and Tax @21% = $25,252.5

Cash flow after tax will be = $120,250 - $25,252.5 = $94,997.5

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Present value of cash inflows = (cash flows after tax ÷ discounting factor)

Present value of cash inflows = $\frac{94997.5}{0.17}$

Present value of cash inflows = $558808.82

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put here

net present value = $558808.82 - $425,000

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4 0

3 years ago

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Answer:

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3 0

3 years ago