1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
77julia77 [94]
3 years ago
13

You have a sub-contracting job with a local manufacturing firm. your agreement calls for 5 annual end-of-year payments of $50,00

0 over the next five years, with the first payment being made a year from today. at a discount rate of 12%, what is the value today of this payment stream?
Business
1 answer:
timama [110]3 years ago
7 0
PW = 50000×(((1.12^5)-1)÷(.12×1.12^5))= $180239
You might be interested in
ACME Confetti Corporation needs to finance $20 million for a plant expansion building project. They've decided to issue common s
Law Incorporation [45]

Answer:

Option (C) is correct.

Explanation:

The required proceeds:

= Amount need to be finance ÷ (1 - 7%)

= $20 million ÷ (1 - 0.07)

= $215,05,376.34 (approx)

Hence, the number of shares needed to be issued:

= required proceeds ÷ Issue price per share

= $215,05,376.34 ÷ $50 per share

= 430,108 shares (approx)

Therefore, 430,108 shares they need to issue to cover the cost of the project plus all floatation costs.

6 0
3 years ago
By definition, empirical probability is equal to:
lidiya [134]

By definition, empirical probability is equal to C. Number of successful trials/Total number of trials.

<h3>What is an empirical probability?</h3>

It should be noted that empirical probability simply means a experimental probability that is based on historical data.

In this case, by definition, empirical probability is equal to the number of successful trials divided by the total number of trials.

Learn more about empirical probability on:

brainly.com/question/16972278

#SPJ1

7 0
2 years ago
Equity method for stock investment Obj. 3 Show Me How icon At a total cost of $5,600,000, Herrera Corporation acquired 280,000 s
marusya05 [52]

Answer and Explanation:

The journal entries are shown below:

1 Investment in Tran Corp $210,000  

         To Investment Income (280,000 ÷ 800,000 × $600,000)  $210,000

(Being the investment in Tran corp. is recorded)  

For recording this we debited the investment in tran corp as it increased the assets and credited the investment income as it also increased the revenue

2 Cash (280,000 × $0.50) $140,000  

           To Investment in Tran Corp  $140,000

(Being the payment of cash dividend is recorded)  

For recording this we debited the cash as it increased the assets and credited the investment in tran corp as it decreased the assets

(B) The equity method is appropriate as the Herrera owns 35% which come from

= $280,000 ÷ $800,000

= 35%

And it can be exercised when there is a significant influence or effect over the investor

6 0
3 years ago
An electronic card that stores all the customers info in a chip is
lesya [120]

a debit or credit card?

6 0
3 years ago
Read 2 more answers
g Depreciation refers to which one of the following? The amount of money that is lost over a period when services are underutili
Ganezh [65]

Answer:

The answer is D

Explanation:

Depreciation is best described as An estimate of how much of a tangible asset has been used during an accounting period: considered an expense that does not require any cash outflow under the accrual basis accounting.

Depreciation reduces the value of an asset and it reduces it over the life span of an asset. Depreciation is a non cash reduction. Depreciation tells us how much the value of an asset has reduced.

The formula is (cost of the asset - any residual value) ÷ the number of useful life span

6 0
3 years ago
Other questions:
  • which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a paroc
    7·1 answer
  • True or false: if jacques's fire engines were a competitive firm instead and $160,000 were the market price for an engine, incre
    12·1 answer
  • Dynamic explosives is trying to decide whether or not to launch a new product nationally. this represents a(n) ________________
    13·1 answer
  • Windsor Corporation engaged in the following cash transactions during 2020. Sale of land and building $187570 Purchase of treasu
    10·1 answer
  • Relevant information for Material A is as follows:
    5·1 answer
  • Over the last year, Calzone Corporation paid a quarterly dividend of $0.10 in each of the four quarters. The current stock price
    14·1 answer
  • Three ways a business can promote products and services and describe the strengths and weaknesses
    5·1 answer
  • If unemployed workers decide to stop looking for a job and instead enroll in further education, how will the number of employed
    14·1 answer
  • Drag the tiles to the correct boxes to complete the pairs.
    13·1 answer
  • The controlled breeding of domestic plants and animals by humans to produce certain physical traits in those organisms is called
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!