Answer:
Depreciation amount has to be added back to the annual income because it is a non cash expense.
Project 22A
Depreciation = 242,000 / 6 years
= $40,333.33
Annual income = 40,333.33 + 16,890
= $57,223.33
IRR using Excel is:
= 11%
Project 23A
Annual income = 20,710 + 271,500 / 9 years
= $50,876.67
IRR = 12%
Project 24A
Annual income = 15,700 + 283,000 / 7 years
= $56,128.57
IRR = 9%
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<em>Note: Look at the formula bar to see how IRR was calculated. </em>
<span>Open ended questions helps the respondent in giving out more insightful information than a close ended questions. Open ended questions allows respondent to be more elaborate and therefore many new points can be discovered in the survey analysis. Also the respondent feels happy by explaining his point in a clear and expressive manner.</span>
Answer:
Tariff
Explanation:
A Tariff is otherwise known as an import duties, it is the taxes imposed on goods that come from other countries into a particular country. Tariff is imposed for so many reasons one of which is to protect local industries of the country i.e enabling local industries in the country to have profitability in their business and eliminating competitions from foreign organisation.
By imposing tariff, the rate of goods imported into a country will be reduced and this will encourage local production of goods and discourage importation.
Keynesian economic basically means that the goverment has to step in and try to stimulate economic wealth. This is were macroeconomics comes to play. Laissez fair in Belgium means hands off or lay. This explains why laissez fair is a strategy our previous presidents used to stop the Great Depression. In other words it means the govermeant steps out of helping hand and count on capitalism.
Answer:
12.5%
Explanation:
The computation of the reserve requirement is shown below:
We know that
Total reserves = New reserve requirement × transaction deposits
$100 billion = New reserve requirement × $800 billion
So, the New reserve requirement would be
= $100 billion ÷ $800 billion
= 0.125 or 12.5%
All other information which is given is not relevant. Hence, ignored it
