Answer:
For maximum profit, we'll take tomato.
Explanation:
Total = 110 Acres
Toamto Lettuce carrots
Fertilize 5 4 2
Labour 4Hr/W 2Hr/W 2Hr/W
Fertilize 5x+4x+2X=440 it means, x=40.
5(40); 4(40) : 2(40)
Labour 4x+2x+2x= 550 it means, x=68.75
4(68.75); 2(68.75); 2(68.75);
Profit 3000 1400 400
Expenses 475 297.5 217.5
Differemce of profit 2525 1102.5 232.5
Hence tomatos are best profitable.
Answer:
Monthly payments=($56890.673/36)=$1,580.296
Explanation:
The formula for calculating the compound interest is given as;
A=P(1+r/n)^nt
where;
A-Amount to be paid after a given period of time
P-Principal amount initially taken=$52,000
r-The annual interest rate=3%=3/100=0.03
n-Number of times the interest is to be compounded per unit time=12
t-3
Replacing;
A=52000(1+0.03/12)^3
A=52000(1.0025)^(3×12)
A=56,890.673
The total amount after 36 months=$56,890.673
Monthly payments=($56890.673/36)=$1,580.296
Answer:
The stock price is $37.16
Explanation:
Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.
Formula to calculate the value of stock
Price = Dividend / ( Rate or return - growth rate )
Price = $3.27 / ( 12.2% - 3.4% )
Price = $3.27 / 12.2% - 3.4%
Price = $3.27 / 8.8%
Price = $37.16
Stop to see what’s the problem and it you can help in any way
Answer:
<u>Hence $21,700,000 shares are to be sold to raise the needed funds.</u>
Explanation:
Per-share offer price of company = $60, which includes company's underwriter spread of 5%
So, actual realization to company on $60 per share = (1 - 0.95) * 60
Actual realization to company on $60 per share = $ 3
To raise $64 million company also needs to cover administrative expenses of $1.2 million
So,
Total number of shares sold(in million) = (64 + 1.2)/3
Total number of shares sold = 21,700,000 shares
