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aalyn [17]
3 years ago
10

A project with an initial investment of $449,300 will generate equal annual cash flows over its 10-year life. The project has a

required return of 8.9 percent.
1. What is the minimum annual cash flow required to accept the project?
O $74,638.31O $64,435.34O $79,659.56O $66,657.24O $69,702.11
Business
1 answer:
bija089 [108]3 years ago
8 0

Answer:

Cash flow per year to achieve the required return on investment: $69,702.11

Explanation:

We have to solve for which cashinflow makes an annuity of 10-year discount at 8.9% equal to our 449,300 dollars invested:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 449,300

time   10 years

rate     0.089 per year

449300 \div \frac{1-(1+0.089)^{-10} }{0.089} = C\\

C  $ 69,702.112

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[30 PTS + BRAINLIEST]
saw5 [17]

Answer:

C

Explanation:

A farmer would want to look at the economic status of the US because his goal is to sell as much wheat as possible and make the most profit. If he pays no attention to the economy and there's a recession but he still sells his wheat at the normal price, people whose stocks are going down and who are losing money will be unable to, and unwilling to, pay the price. Thus, the farmer must inspect the changing economic statuses of the US to determine the best and most effective way to market out his wheat to the public.

Changes in US racial patterns have no impact on the marketing of the farmer's wheat, so A is incorrect.

The number of births per year is also irrelevant, as is the general population growth numbers because these do not affect the way the farmer will market his crops, so B and D are incorrect.

Hope this helps!

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Jake considers himself to be a follower of Thomas Malthus. Which of the following statements would Jake be most likely to make?
Ber [7]

Answer:

D

Explanation:

The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.

In other words, econmic success becomes a reproductive success.

3 0
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A father and his son are celebrating the father's 75th birthday. Drink for drink, who will most likely have a higher BAC ?
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4 0
3 years ago
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Abbott Landscaping purchased a tractor at a cost of $40,000 and sold it three years later for $20,300. Abbott recorded depreciat
dsp73

Answer:

The Journal entries are as follows:

(i) Sale of Equipment

Cash A/c                                       Dr. $20,300

Accumulated Depreciation A/c   Dr. $22,500

To Equipment                                                      $40,000

To Gain                                                                 $2,800

(To record the sale of equipment)

(ii) Sale of Equipment

Cash A/c                                       Dr. $12,700

Accumulated Depreciation A/c   Dr. $22,500

Loss A/c                                         Dr. $4,800

To Equipment                                                      $40,000

(To record the sale of equipment)

Workings:

Accumulated Depreciation = [(40,000 - 2,500) ÷ 5] × 3 years

                                             = 7,500 × 3 years

                                             = $22,500

4 0
3 years ago
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