Answer:
$420
Explanation:
The computation of the net income for the current year is shown below:
Sales revenue $1,200
Less: Selling and administrative expense -$620
Less: Restructuring charges -$20
Less: Income tax expense at 25% - $140
Net income $420
Advertising, personal selling, sales promotion, and public relations are components of the promotion mix.
The definition of advertising is the business or practice of making something known to the public, usually through some form of paid media. An example of advertising is a company that specializes in designing and executing newspaper advertisements for other companies products.
Definition: Advertising is a means of communicating with users of a product or service. Advertising is defined by the British Advertising Council as a message intended to inform or influence the recipient for a fee paid by the sender. Ads are made to get people to do something.
Learn more about Advertising at
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Answer:
Yes, Michael will afford the boat
Explanation:
So far Michael has saved $11,000.
The boats costs $30,000 to purchase.
Michael needs to raise $19,000 ($30,000 - $11,000) in two years to buy the boat.
Michael saves $900 per month. In 24 months he will have saved
=$900 x 24
=$21,600
Michael requires $19,000 but will have save $21,600 in two years. Therefore, he should be able to purchase the boat.
Answer:
A hard currency
Explanation:
A monetary unit that is freely and easily converted into other currencies is a hard currency.
The value of this currency neither depreciates suddenly nor fluctuate to a great extend.
This currency is considered politically and economically stable by the nation.
Hard currencies can also be used as a form of payment for goods and services.
Answer:
Horizon value = $883
so correct option is e. $883
Explanation:
given data
FCF is expected = $50 million
time = 5 year
CF growth rate = 6% = 0.06
average cost of capital = 12% = 0.12
to find out
the horizon value
solution
we know that FCF at year 6 is here
FCF at year 6 = principal ( 1 + rate )
FCF at year 6 = 50 × (1 + 6%)
FCF at year 6 = 53 million
and
Horizon value will be here
Horizon value =
Horizon value =
Horizon value = 883.33
Horizon value = $883
so correct option is e. $883