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2 years ago

7. An investment costs $1,000 (CF at T = 0) and is expected to produce cash flows of $50 at the

Business

1 answer:

Sergeeva-Olga [200]2 years ago

8 0

Answer:

5.0%

Explanation:

You can solve this using financial calculator .I'll be using (Texas Instruments BA II Plus)

<em>Note; If using same calculator as mine, key in the number first then the function key.</em>

Initial investment ; PV = -1000

Recurring payment ; PMT = 50

Duration of investment; N = 5

Future Value at the end of 5 years ; FV = 1000

Then CPT I/Y = 5%

Therefore, the expected rate of return on this investment would be 5%

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A manager hires an agent to obtain a license to build a warehouse in an industrial district. The agent gets caught offering a br

Rus_ich [418]

Answer: The correct answer is D:)

6 0

3 years ago

During the current year, Tachnic, Inc., made cash sales of $289,000 and credit sales of $472,000. During the year, accounts rece

guajiro [1.7K]

Answer:

(a1) $761,000

(a2) $504,000

(a3) $793,000

Explanation:

(a-1) Amount of net sales reported as revenue in the income statement:

= Cash sales + Credit sales

= $289,000 + $472,000

= $761,000

(a-2) Amount of cash received from collecting accounts receivable:

= Credit sales + Decrease in accounts receivable

= $472,000 + $32,000

= $504,000

(a-3) Amount of cash received from customers:

= Cash sales + Amount of cash received from collecting accounts receivable

= $289,000 + $504,000

= $793,000

6 0

2 years ago

Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local

PIT_PIT [208]

Answer:

Correct one is Option D.

Explanation:

Fair value of its 20% interest in the receivables 8000

Less: Factoring fee=50000*3% =1500

Amount receivable from factor= 8000-1500=6500

7 0

2 years ago

Allison's Auto Art is a company that applios pinstripes to vehicles. Allison's cost for a basic 1 -color pinstriping job is $35,

valkas [14]

Answer:

C. yes, she still makes a profit by selling the 3-color application.

Explanation:

As for the information provided,

Cost for 1 color pin striping job = $35

Cost for three color pin striping job accordingly = $35 $\times$ 3 = $105

Price charged for pin striping is as follows:

For 1 color = $95

For 3 colors = $175

Even on 3 color striping there is a profit of $70, thus, it should be sold.

As there is no loss, although the profit margin is decreased as a percentage of cost when compare to margin on 1 color pin striping.

Thus, correct option is Statement C.

3 0

2 years ago

A researcher is asked to determine whether or not a productivity objective (in dollars) of better than $75,000 per employee is p

exis [7]

Answer:

Hence the null hypothesis is not rejected.

We conclude that productivity objective (in dollars) is not better than $75,000 per employee.

Explanation:

Single sample t-test ( upper tail test)

$H_0: \mu = 75000\\H_1: \mu > 75000$

N=20

Mean =75500

Sd=18968.117

$t = \frac { (\bar x - \mu)} {\frac {s} {\sqrt{n}}}\\\\t = \frac{(75500-75000)}{\frac{18968.117}{\sqrt{20}}}\\t=0.1179$

DF= 20-1=19

Table value of t at 0.05 level of significance =1.7291

Calculated t=0.1179 < table value 1.7291

The null hypothesis is not rejected

We conclude that productivity objective (in dollars) is not better than $75,000 per employee

4 0

2 years ago