Answer:
Therefore after 5 year the balance in the stock market is $ 352.47.
Explanation:
Exponential growth formula :
y= Final amount
a= initial amount
r= rate of growth
t= time
Given that,
The deposit amount = $200
Rate of interest (r)=12%=0.12
Time (t)=5 years
=$352.47
Therefore after 5 year the balance in the stock market is $ 352.47.
Answer:
b. just-in-time inventory management
Explanation:
Just in Time (JIT) inventory relates to an inventory control program with the goal of making inventory conveniently able to meet demand, just not to the extent of overload where you have to store extra items. JIT inventory has been used to better cut costs, open up storage space, and reduce error levels.
Answer:
The correct word for the blank space is: Sharecropper.
Explanation:
Sharecroppers were farmers who used to lease lands for the crop of different commodities. In exchange, the landowner used to receive a portion of the crop at the end of every year. This practice was mostly developed in the U.S. south by former slaves.
During the Reconstruction era (1865-1877) white landowners entered in conflict with freed blacks who were fighting for their total independence after the Civil War (1861-1865).
Answer:
Expected Net Cash Flow = $3.8 million
Net Present Value (NPV) = $1.0492 million
Explanation:
Given Cash outflow = $10 million
Provided cash inflows as follows:
Particulars Good condition Moderate condition Bad Condition
Probability 30% 40% 30%
Cash flow $9 million $4 million $1 million
Average expected cash flow each year = ($9 million X 30 %) + ($4 million X 40%) + ($1 million X 30%) = $2.7 million + $1.6 million + $0.3 million = $4.6 million
Three year expected cash flow = ($4.6 million each year X 3) - $10 million = $13.8 million - $10 million = $3.8 million
While calculating NPV we will use Present Value Annuity Factor (PVAF) @12% for 3 years = 
NPV = PV of inflows - PV of Outflows = $4.6 million X 2.402 - $10 million = $11.0492 million - $10 million = $1.0492 million
Expected Net Cash Flow = $3.8 million
Net Present Value (NPV) = $1.0492 million
Answer: See explanation
Explanation:
a. If Barans Company pays the invoice within the discount period, what is the amount of cash required for the payment?
The amount of cash required for the payment will be:
Purchases: = $12,900
Less: Returns = $2500
Less: Discount = ($12900 - $2500) × 1% = ($10400 × 1%) = $104
Cash required for payment = $10296
b. What account is credited by Barans Company to record the return?
Based on the information above, the merchandise inventory will be credited.
