Answer:
$557,000
Explanation:
Operating activities: It includes those transactions which affect the working capital. It means that the increase in current assets and a decrease in current liabilities would be deducted and a Decrease in current assets and an increase in current liabilities would be added.
The computation is shown below:
= Income reported on the income statement + decrease in account receivable
= $539,000 + $18,000
= $557,000
The decrease in account receivable
= $142,000 in beginning of the year - $124,000 in end of the year
= $18,000
Answer:
30,154 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $15 - $8.5
= $6.5
And, fixed cost is $196,000
Now put these values to the above formula
So, the value would equal to
= ($196,000) ÷ ($6.5)
= 30,154 units
Answer:
103.4709
Explanation:
The computation is shown below:
Given that
U.S inflation rate = 3%
Japan inflation rate = 1.5%
Current exchange rate = 105
Now the new exchange rate for the yen is
= Current exchange rate × (1 + Japan inflation rate) ÷ (1 + U.S inflation rate)
= 105 × (1 + 1.5%) ÷ (1 + 3%)
= 105 × (1.015 ÷ 1.03)
= 105 × 0.985436893
= 103.4709
Answer:
That would depend on the job that was done
Minimum wage would suffice depending on what state you're in
Or you could just look out for a friend and pay a fair price plus maybe something extra
Explanation:
Answer:
EAR = 5.01%
Explanation:
Given that
APR = 4.9% = 0.049
Loan amount = initial amount - deposited amount
= 17345 - 6000
= 11,345
PV = 11345
Frequency of compounding, m = 12
Recall that
EAR = (1 + r/m)^n - 1
Thus,
= (1 + 0.049/12)^12 - 1
= 1+ 0.049/12^12 - 1
= 1.0501 - 1
= 0.0501 ×100
= 5.01%
