The correct option is this: CHECKING SCENARIOS WITH VARIABLE DOWN PAYMENT.
A data table is a range of cells, which shows how changing one or two variables in one's formula can affect the value of that formula.
In excel, instead of creating several scenarios, one can create a data table with which one can quickly try out different values for formula.<span />
Answer:
$ 358,063
Explanation:
Calculation for the amount that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires.
Ruby's IRA worth when she retires at age of 65
First step
Using this formula to find how many years until Ruby retires
Time period= Retired age (-) current age
Let plug in the formula
65-25=40 years
Second step is to find the future value of IRA when she retires
Using this formula
Future value of IRA when she retires
= Present value(1+r)t
Let plug in the formula
$ 11,400 (1+0.09) ^40
=$11,400 (1.09) ^40
=$ 11,400 (31.409)
= $ 358,063
Therefore the amout that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires will be $358,063
Answer:
Interest revenue = $56
Explanation:
Interest on note receivable calculation:
Note receivable amount × Interest rate × Numbers of period
Given,
Note rwceivable amount = $2100
Interest rate = 8%
Number of period = 6 month
Putting the values into the formula we can get
Interest on note receivable calculation =$2100 × 8% × (6/12)
= $168 × (6/12)
Interest for the notes Receivable for 6 months = $84
The note receivable will be matured on March 1 2022. But we have to calculate the interest for 2021. Therefore Middleton Corp. Will report interest revenue = $84 × (4/6)
= $56
Answer:
The question is incomplete. The complete is given below
OUTPUT PRICE MR TC MC
1 100 100 100 30
2 90 80 63 26
3 80 60 52.67 32
4 70 40 49.5 40
5 60 20 49.6 50
6 50 0 50 52
7 40 -20 52.29 66
8 30 -40 55.75 80
9 20 -60 60.67 100
The total revenue is $280
Explanation:
Profit is maximized at the level of output where marginal revenue (MR) is equal marginal cost (MC).
Marginal revenue is the extra revenue made from selling one additional unit of a product. It is the increase in total revenue as result of selling one more unit. It is given in the third column above.
Marginal cost: It is the increase in total cost as a result of producing extra one unit- it is given in the last column
Profit maximizing-output: The optimal level of output where marginal revenue is equal to marginal cost. It is the ascertained to be 4 under the first column above. At this level MR $40 = MC $40
Profit maximizing price: The selling price at the profit-maximizing output. It is $70 here.
Total revenue that maximized profit= profit-maximizing price × Profit maximizing-output
$70 × 4= $280
<u>E)</u><u> As an expense on the income statement.</u>
<h3><u>An expense is what?</u></h3>
The operating costs incurred by a business in order to produce revenue are referred to as expenses. According to a proverb, "making money costs money."
Paying suppliers, paying employees, leasing facilities, and depreciating equipment are examples of frequent costs. Businesses are permitted to deduct tax-deductible expenses from their taxable revenue on their income tax returns in order to reduce their tax liability. However, there are tight guidelines set forth by the Internal Revenue Service (IRS) regarding which costs companies may deduct.
Learn more about cash flows with the help of the given link:
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