True or false? job specifications define the jobholder’s responsibilities.

Rainbow Products is considering the purchase of a paint-making machine to reduce labor costs. The savings are expected to result

Radda [10]

Answer:

In finance, the net present value or net present worth applies to a series of cash flows occurring at different times. The present value of a cash flow depends on the interval of time between now and the cash flow. It also depends on the discount rate. NPV accounts for the time value of money.

The internal rate of return is a measure of an investment’s expected future rate of return. As the IRR is an estimate of a future annual rate of return, IRR should not be confused with the actual achieved investment return of an historical investment.

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6 0

3 years ago

A general rule of thumb is to keep your credit utilization rate at 30% or lower. What is your approximate credit utilization rat

igor_vitrenko [27]

Answer:

30%

Explanation:

Credit utilization can be regarded as the percentage of the total credit that individual is utilizing. It's financially advisable to keep the credit utilization ratio in order to have a good credit score.

To calculate credit utilization rate;

✓ one need to know the information about one credit account.

/✓Then divide the total balance by the total credit limit

✓then multiply by 100

For instance if the total balance is $5000 and total credit limit is $25000 then the credit utilization ratio is ($5000/$25000)×100%

= 20%

Whenever the credit utilization ratio is

higher than 30% it will bring about the decrease of credit score, as a result of this , the lender can be worried because he/she may think the ratio is overextended, and paying back new debt might not be easy.

Therefore, with general rule of thumb is to keep your credit utilization rate at 30% or lower. your approximate credit utilization rate for this current billing cycle is 30%

5 0

3 years ago

The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classif

____ [38]

Answer: Your question is incomplete, as you omitted the transactions which i will add for you in the Explanation Section.

Explanation:

The transactions are as follows with the corresponding activities

(a) Issuance of common stock. ------Financing Activity

(b) Purchase of land and building----- Investing Activity

(c) Redemption of bonds------ Financing Activity

(d) Sale of equipment. ------Investing Activity

(e) Depreciation of machinery----Operating Activity-Add to Net Income

(f) Amortization of patent.-----Operating Activity-Add to Net Income

(g) Issuance of bonds for plant assets.----Reported as Significant Non-cash Activity

(h) Payment of cash dividends. -------Financing Activity

(i) Exchange of furniture for office equipment. -------Reported as Significant Non-cash Activity

(j) Purchase of treasury stock. ------Financing Activity

(k) Loss on sale of equipment. -------Operating Activity-Add to Net Income

(l) Increase in accounts receivable during the year.------Operating Activity-Deduct from Net Income

(m) Decrease in accounts payable during the year.------Operating Activity-Deduct from Net Income

6 0

3 years ago

Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams from the previous question. The initial marg

Molodets [167]

Answer:

a) 8,000

b) Yes

c) -60%

Explanation:

a) 8,000

b) Yes

c) -60%

) 8,000

a.the trader puts up=20000(1000*50%*40)

he lost $10000(1000*$10)

if he trader pays $2000 in dividend

the remaining margin=20000-10000-2000

$8000

b.) margin rate=equity /liability

8000/50000*100%=

16% , so we have a margin call

c.Equity decreases from 20000 to 8000 in 1 year

return= -12000/20000=-0.60

=-60%

4 0

4 years ago

A supermarket manager notices that there are 20 customers at the checkouts and also knows that arrivals to the checkout at that

rusak2 [61]

Answer:

On an average customers are spending 10 minutes in the queue.

Explanation:

Please see attachment

4 0

3 years ago