The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:
![PV=Pa_{n\rceil r}](https://tex.z-dn.net/?f=PV%3DPa_%7Bn%5Crceil%20r%7D)
where
![a_{n\rceil r}](https://tex.z-dn.net/?f=a_%7Bn%5Crceil%20r%7D)
is the <span>present value of an annuity factor for n years at r%.
Given that </span>a<span>
company borrowed $40,000 cash from the bank and signed a 6-year note at
7% annual interest and that the present value of an annuity factor for 6 years
at 7% is 4.7665.
Then
![40000=4.7665P \\ \\ P= \frac{40000}{4.7665} =8,391.90](https://tex.z-dn.net/?f=40000%3D4.7665P%20%5C%5C%20%20%5C%5C%20P%3D%20%5Cfrac%7B40000%7D%7B4.7665%7D%20%3D8%2C391.90)
Therefore, </span><span>the annual annuity payments equals $8,391.90</span>
Answer:
$4.67 per share
Explanation:
The calculation of the diluted earning per share is given below:
= (Total income - preference dividends) ÷ (outstanding shares + diluted shares)
where,
Total income is $50,000
Outstanding shares is 10,000
And, the diluted shares is computed by following calculations
Amount paid towards shares = Options issued × Exercise price per share
= 1,000 × $6
= $6,000
And,
Value of options = Amount paid towards shares ÷ Current market price
= $6,000 ÷ $20
= 300
Therefore,
Diluted shares is
= Options issued - value of options
= 1,000 - 300
= 700
So Diluted Earnings per share is
= ($50,000) ÷ (10,000 + 700)
= $4.67 per share
Answer:
Explanation:
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Answer:
c) intermediate scrutiny.
Explanation:
In this particular scenario this will be reviewed by the judge using intermediate scrutiny. In this review the court will decide whether or not the case helps the government and/or the people in any way. The court case interests must further the interests of the government or people in the same way for it to pass the review. If the court case passes the review it will be reassessed and may be voted upon differently depending on the other details at hand.