Answer:
The IRR is 4.08%
Explanation:
In calculating the internal rate of return in excel,the cash outflow of $76.63 is shown in year 0 with a negative sign to indicate that it is the initial investment on the share, followed by dividends in received in later years shown as positive figures ,however in the fifth the dividend received and the cash received from disposing of the share were added together to show total cash inflow in the last year.
The computation of IRR is shown below
IRR for the share purchase
Years Cash flow
0 -76.63
1 1.37
2 1.55
3 1.66
4 1.74
5 86.61
IRR 4.08%
Find attached for detailed computation.
Answer:
1.23
Explanation:
Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period.
Cost of Sales=Opening Inventory+Purchases-Closing Inventory
=5,500+4,000-3,800= 5,700
Average Inventory= Opening + Closing/2
= 5,500+3,800/2= 4,650
Inventory Turnover Ratio= <u>Cost of Sales</u>
Avg Inventory
= 5,700/4,650=1.23
Answer: Advertising seeks to appeal to a mass audience with a uniform message.
Explanation:
Answer:
11.96%
Explanation:
Calculation for Torch Industries company's cost of preferred stock,
Using this formula
Cost of preferred stock = Dividend / Stock Price * 100
Where:
Dividend =$7.00
Stock Price = $58,50
Hence,
= $7 / $58.50 * 100
= 11.96%
Therefore the company's cost of preferred stock will be 11.96%
Answer:
D, Flint can simply write ot the SEC to voice his concerns.
Explanation:
Since Flint does not have a case that warrants a court challenge but rather an observation, Flint can simply write to the SEC to intimate them about his observations and/or findings, as well as let the SEC know the position of his company on the rule being proposed by it.
Cheers.