Answer:
My grandparents deposit $5200000 today.
Explanation:
The annual return earned by trust fund = $2.5 percent
It is given that the trust will pay annually a certain amount for infinite period so annual pay = $130000 per year.
Now we have to calculate the invested or deposited amount by grandparents today.
The present value of future constant annual payment over infinite period = (P/A, i%, n = infinity) or 1 / i%
The amount that should be deposited today :
Answer:
Woodlands Inc 2015 Income Statement Total operating revenues (s in millions) Cost of goods sold Selling, general, and administrative expenses Depreciation $3,806 2315 546 311 Earnings before interest and taxes (EBIT) Interest expense $634 170 70-50 +75-250 Pretax income Taxes 5464 162 Net income S302 Dividends 75 Assets 2015 Woodlands Inc. Balance Sheet (S in millions) 2014 Liabilities and Stockholders' Equity $227 Accounts payable 2015 2014 $ 503 $ 686 $ 613 Cash and equivalents Accounts receivable Inventory Net property & equipment Intangible assets 418 1,239 2,290 522 Long-term debt 1,187 Common stock 2,264 Capital surplus 1,300 1,350 1,500 1,500 745 745 360 360 Retained earnings 579352 Total assets $4,810 $4,560 $ $4,560 4810 Total liabilities & stockholders' equity 25
Explanation:
Answer: Expected loss of $2.45
Explanation:
The expected gain is a weighted probability of the expected outcomes and their individual probabilities.
There is one $455 prize out of 100 tickets so the probability is: 1/100 = 0.01
There are two $75 prizes so the probability is: 2/100 = 0.02
There are four $20 prizes so the probability is: 4/100 = 0.04
There is a chance that you will lose the $10 and that probability is the :
= 1 - 0.01 - 0.02 - 0.04
= 0.93
Expected gain (loss) = (0.01 * 455) + (0.02 * 75) + (0.04 * 20) + (0.93 * -10)
= ($2.45)
Answer: facility location
Explanation:
Based on the information given, it can be infered that Reliable Industries is in the process of facility location.
Facility Location simply refers to the selection of the rightt location for the manufacturing facility. The location selected should be easily accessible for the customers and transportation.
Selecting a suitable facility location is essential for an effective operation.