Triangle O’W’L’ was rotated 90 degrees counterclockwise about the origin.
Answer:
Forecast sales = 115% x $700 million = $805 million
Inventory = $30.2 million + .25($805 million) = $231.45 million
Inventory turnover = Forecast sales/Inventory
= $805 million/$231.45
= 3,48 times
Explanation:
Inventory turnover is the ratio of sales to inventory. Inventory is $231.45 million while forecast sales is $805 million. The division of sales by inventory gives inventory turnover.
The right answer for the question that is being asked and shown above is that: "Economic resources are limited." The statement that is true about economic resources is that <span>Economic resources are limited.
The right answer for the question that is being asked and shown above is that: "</span><span>Contractionary"</span>
Answer:
PV= $529,700.71
Explanation:
Giving the following information:
Cash flow= $50,000
the number of years= 20
Interest rate= 7%
First, we need to calculate the future value of the cash flows. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual pay
FV= {50,000*[(1.07^20)-1} / 0.07
FV= $2,049,774.62
Now, we can calculate the present value.
PV= FV/(1+i)^n
PV= 2,049,774.62/1.07^20
PV= $529,700.71
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