Answer:
the weekly grocery bill in 4 years is $486.2025
Explanation:
The computation of the weekly grocery bill in four years is shown below:
= Estimated amount × (1 + rate of interest)^number of years
= $400 × (1 + 0.05)^4
= $400 × 1.21550625
= $486.2025
hence, the weekly grocery bill in 4 years is $486.2025
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
a) loss of 3,388.87
b) it will break even at 11.99%
Explanation:
we will discount the 151,000 at 13% to know the current sales revenue at the sale
Maturity 151,000
time 4 years
rate 0.13
PV 92,611.13
the present value is 92,611.13 while the cost is 96,000
there is a loss of 3.388,87
To know at which rate the firm break even:
PV = 96,000
![\sqrt[-4]{96,000/151,000} - 1 = r](https://tex.z-dn.net/?f=%5Csqrt%5B-4%5D%7B96%2C000%2F151%2C000%7D%20-%201%20%3D%20r)
r = 0.11989
Answer:
Four ways in which china was affected by thriving trade during the yuan dynasty are:
- Sea trade developed under the Mongols.
- Skills and information from china spread through other parts of the world.
- A more accurate calender been used.
- They started using better astronomical instruments.
Explanation:
Yuan Dynasty was establised by mongols in the early 13 centuries. It was ruled by Kublai Khan. It was first forgein led dynasty in the ancient China. Yuan danasty have open door policy, where forgeiners were allowed to travel freely in China without paying any taxes. They have introduced the first paper currency.
To find the fixed cost, we need add all costs that do not change with the number of haircuts. These are the salaries of the barbers and the manager bonus, the advertisement fees, rent and the magazines. We also have the standard part of the utility payment, the 170$. Those add up to:
6*1310+520+280+980+20+170=9830$. We also have regarding the variable costs:
The utilities variable part are included since they depend on haircuts, barber supplies and the base rate of each barber per haircut. Hence those are:
(5.90+0.38+0.27 per haircut)=6.55$ per haircut
Answer:
Cost of preferred stock
= <u>Perpetual dividend</u>
Current market price
= <u>$14.00</u>
$134.26
= 0.1043 = 10.43%
Explanation:
Cost of preferred stock is calculated as perpetual dividend divided by current market price. Cost of preferred stock is the minimum rate of return expected by preferred stock holder.
