Answer:
Net income is $162,470
Operating cash flow is $280,470
Explanation:
The company net income can be computed thus:
Sales revenue $1,190.000
less:
Cost of goods sold ($588,000)
gross profit $602,000
selling expenses ($241,000)
depreciation ($118,000)
EBIT $243,000
Interest($800,000*4%) ($32,000)
EBT $211,000
Tax at 23% ($48530
)
Net income $162,470
Besides the operating cash flow is net income plus depreciation
$162,470+$118,000=$280,470
Answer:
- The medians for the summer months of June, July, August, and September are higher than for the other months.
Explanation:
The statement prescribing 'the medians within the months of summer June, July, August, and September are higher in comparison for the other months' correctly describes the halfway for the boxplots. This displays that the precipitation during these months due were higher due to the high temperature and intense water cycle.
Answer:
The value of m is Three (3)
Explanation:
The annualized return or annual return on investment s the percentage that tells you how much an investment has increased in value on average per year over a period of time.
Annual return can be a preferable metric to use over simple return when you want to evaluate how successful an investment has been or to compare the returns of two investments you've held over different time frames on equal footing.
Now, to calculate the annual returns,
We look up the current price and purchase price.
If the stock has undergone any splits, make sure the purchase price is adjusted for splits. If it isn't, you can adjust it yourself. For example, if you held a stock for 4 years, during which time it has had a 2:1 and a 3:1 split, then you can calculate your split-adjusted purchase price by dividing your purchase price by 6 (2 x 3).
Then we calculate the simple return percentage
After which we go ahead to annualize it.
The answer to the blank space is etiquette and manners.
When a salesperson receives training to enhance their etiquette and manners, it would help with their self-confidence when meeting potential clients or customers. It would also help them in establishing a good relationship with these individuals, since people are more receptive to people with good manners.
It will take an approximate of 52 years to triple the initial investment.
The formula for Future value is <em>A = Pe^(rt)</em>
<u></u>
<u>Given Information</u>
Triple amount
Rate = 2.1%
Therefore, it will take an approximate of 52 years to triple the initial investment.
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