True False There is no exact formula an employee should use to determine the number of deductions to take.

Home & More is considering a project with cash flows of −$368,000, $133,500, −$35,600, $244,700, and $258,000 for Years 0 to

n200080 [17]

Answer:

Modified Internal Rate of Return (MIRR) is higher than the discount rate. Therefore, this offer should be accepted.

Explanation:

Find the given attachment

6 0

3 years ago

When would it be a good idea to invest your money instead of putting it in a savings account?

iris [78.8K]

If the return rate of the investment is higher than the interest earned while the money is in savings, it would make more sense to invest the money in order to earn higher returns.

3 0

3 years ago

Read 2 more answers

Using the graph, complete the table that follows by indicating whether each statement is true or false. Statement True False a.

poizon [28]

Answer:

a. Curve MM is more elastic between points A and C than curve NN is between points A and D: TRUE

b. Between points A and B, curve LL is unit elastic: FALSE

c. Between points A and D, curve NN is inelastic: TRUE

Explanation:

Elasticity is the responsiveness of quantity demanded or quantity supplied to a change in the price. There are five categories of elasticities:

1. Perfectly elastic: Quantity changes even without a change in price. Curve is a horizontal line.

2. Elastic: Change in price is smaller than a change in quantity. Curve has a smoother slope.

3. Unit elastic: Change in price causes a proportionate change in quantity. Curve is a rectangular hyperbola.

4. Inelastic: Change in price causes a smaller change in quantity. Curve is a steep slope.

5. Perfectly inelastic: Change in price causes no change in quantity. Curve is a vertical line.

5 0

3 years ago

Apr. 8 Sold merchandise for $9,500 (that had cost $7,021) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4%

padilas [110]

Answer and Explanation:

The journal entries are shown below:

On April 8

Cash $9,120

Credit card expense $380 ($9,500 × 0.04)

To Sales $9,500

(Being sale is recorded)

Costs of goods sold $7,021

To Merchandise inventory $7,021

(Being the cost of goods sold is recorded)

On April 12

Cash $7,215

Credit card expense $185 ($7,400 × 2.5%)

To Sales $7,400

(Being sale is recorded)

Costs of goods sold $4,795

To Merchandise inventory $4,795

(Being the cost of goods sold is recorded)

4 0

3 years ago

huck Ponzi has talked an elderly woman into loaning him $30 comma 000 for a new business venture. She has, however, successful

user100 [1]

Answer:

The woman will receive $ 4,171.96 per year.

Explanation:

We need to determinate the PTM of a 15 years' ordinary annuity which present value is 30,000 discounted at 11%

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $30,000.00

time 15

rate 0.11

$30000 \div \frac{1-(1+0.11)^{-15} }{0.11} = C\\$

C $ 4,171.957

3 0

4 years ago