Which of these usually require students to maintain a specific number of hours and grade point average?

A firm’s current profits are $ 400,000. These profits are expected to grow indefinitely at a constant annual rate of 4 percent.

horrorfan [7]

Answer:

$20,800,000

Explanation:

The formula and computation is shown below:

Value of the firm = {(Firm's current profits) × (1 + firm’s opportunity cost of funds)} ÷ (firm’s opportunity cost of funds - constant growth annual rate)

= {($400,000) × (1 + 0.06) ÷ (0.06 - 0.04)

= $424,000 ÷ 0.02

= $21,200,000

Hence, we recognized all the information which is mentioned in the question.

6 0

3 years ago

For several years in a row, the east coast cities of the nation suffered extremely cold winters. Demand for home heating oil was

iragen [17]

Answer:

B) Supply is inelastic, therefore, the price increased more than it otherwise would have.

Explanation:

The price elasticity of demand (PED) measures how much the quantity demanded of a product or service changes proportionally to a change in the price of the product or service.

If PED < 1, the demand is inelastic

PED > 1, the demand is elastic

PED = 1, the demand is unitary

When the PED is inelastic, if the price of a product or service changes 1%, then the quantity demanded will change less than 1%.

In this case the price increased a lot, but the quantity demanded only decreased a little bit.

4 0

3 years ago

A firm’s liquidity level decreases when:_______.

katovenus [111]

Answer:

b) inventory is sold on credit.

Explanation:

Liquidity is defined as the a business to use its current assets to settle it's current liabilities.

This is calculated by using the working capital ratio.

Working capital ratio = Current assets ÷ Current liabilities.

Cash and inventory contribute to a business' liquidity.

When inventory is sold on credit, it does not result in immediate increase in cash as payment is in the future. So there is a reduction in the current asset of the company.

A reduction in the numerator of the working capital ratio results in lower value of the ratio (lower liquidity)

5 0

3 years ago

All Kiwi Ltd (a New Zealand-based company) has a wholly-owned subsidiary in Malaysia whose manager is being evaluated on the bas

Ulleksa [173]

Answer:

Variance (Unfavorable) (NZD 340,000)

Explanation:

Budget Variance using exchange rate projected at the time of budget

Budget Actual Variance Exc. Rate Variance in NZD

MYR MYR

Revenue 12000000 11000000 -1000000 0.34 -340000

Expenses 9000000 9000000 0 0.34 0

Profit 3000000 2000000 -1000000 0.34 -340000

7 0

3 years ago

JG Asset Services is recommending that you invest $1,500 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compou

skelet666 [1.2K]

Answer:

So after 5 year total amount will be $1781.529

So option (a) is correct option

Explanation:

We have given that JG Asset is recommending that you invest $1500 for 5 years at rate of 3.5%

So principle amount P = $1500

Rate of interest r = 3.5 %

Time n = 5 years

We know that when total amount is given by

$A=P(1+\frac{5.5}{100})^n$ , here r is rate of interest and n is time period

So amount after 5 years will be

$A=1500(1+\frac{3.5}{100})^5=$1781.52$

So after 5 year total amount will be $1781.529

So option (a) is correct option

5 0

3 years ago