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3 years ago

10

An investment costs $5,200 today. this investment is expected to produce annual cash flows of $2,100, $1,300, $1,800 and $1,200,

respectively, over the next four years. what is the internal rate of return on this investment?
a. 8.2%
b. 9.6%
c. 10.3%
d. 10.7%

1 answer:

worty [1.4K]3 years ago

3 0

5,200 + 21,000 + 1,300 + 1,200 = 10,400 ÷ 10 totally investment 1,040 %

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Answer:

b. $2,720,000

Explanation:

The contribution margin is what is left after subtracting the variable cost from the sales.

From there, the company pays their fixed cost and the rest is net income.

In this case you have a company desiring to get 720,000 net income after paying their 2,000,000 fixed cost

So we come up with with formula:

$Contribution Margin - Fixed Cost = Net Income$

Replacing the know values, we get the unknow value. Like it was a solve for X question:

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3 years ago

On July 31, 2017, Crane Company had a cash balance per books of $6,355.00. The statement from Dakota State Bank on that date sho

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Question Completion:

Prepare a bank reconciliation statement as of July 31, 2017.

Answer:

<h3>Crane Company</h3>

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a) Data and Analysis:

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4. Understated check No. 2480 $45

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Cash Book Adjustment as of July 31, 2017

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3 years ago

On July 1 the Fisher Shoe Store paid $24,000 to Acme Realty for 6 months rent beginning $24,000 to Acme Realty for 6 months rent

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Answer:

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Cr Cash

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3 years ago

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Answer:

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