Answer:
12%
Explanation:
Annual net income:
= Increase in annual revenue - Increase in annual costs
= $220,000 - $160,000
= $60,000
Average investment:
= (Initial investment + Salvage value at the end) ÷ 2
= (980,000 + 20,000) ÷ 2
= $500,000
Annual rate of return:
= (Annual net income ÷ Average investment) × 100
= ($60,000 ÷ $500,000) × 100
= 12%
Answer: The price that would be expected for Coolibah's stock to sell for at the end of three years is $28.87
Explanation: It should be noted that to calculate a price that would be expected in Coolibah's stock to sell for at the end of three years can be calculated using financial calculator:
A) Using a financial calculator, PV = -$22.60 , PMT = $1.20, n = 6, I = 18% / 2;
calculate FV = $28.87 .
Answer: The value of this exchange is $8,816.05.
Explanation:
The problem is dealing with a simple case of arbitrage of exchange rates: Lets assume that
k = koruna
b = baht
Step 1:
Sales Revenue = k2,200,000
(To get USD amount : 
Purchase Cost = b3,200,000
(To get USD amount : 
Step 2:
Profit = Sales Revenue - Purchase cost
= $86,750.7886 - $77,934.7297
= $8,816.0589
The value of this exchange is $8,816.05.
Answer: $1147.50
Explanation:
Monthly apartment fee = $850
Broker's charge = 20% of first month fee
Security deposit = 1.5 months rent
Therefore,
Broker's fee = 20% × $850
= 0.2 × $850 = $170
Security deposit = 1.5 × $850 =$1275
Total fee = $850 + $1275 + $170 = $2295
Since Chrissy and Janet are sharing the fee equally:
Janet's share :
50% of $2295 = $1147.50
