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2 years ago

The financial statements for Harold Corporation contained the following information:

Business

1 answer:

vagabundo [1.1K]2 years ago

7 0

Answer:

so net income is $45000

Explanation:

given data

Accounts receivable = $5000

Sales revenue = 75000

Cash = 15000

Salaries and wages expense = 20000

Rent expense = 10000

to find out

net income

solution

we will find net income by the given expression as

net income = Sales revenue - Rent expense - Salaries and wages expense .......................1

put here all these value in equation 1 we get net income

net income = 75000 - 10000 - 20000

net income = 45000

so net income is $45000

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As the CEO of a pharmaceutical company, Simone learned that the government was about to block the import of one of the company's

Galina-37 [17]

Answer:

She is guilty of Insider trading.

Explanation:

Insider trading is an illegal practice where a person indulges in trading activities for his own benefit with the help of confidential information.

In the above case, Simone took park in insiders trading because she had rights to some confidential information. She made use of that information towards her benefit and sold her shares before time.

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2 years ago

An investor agreed to sell a warehouse five years from now to the tenant who currently rents the space. The tenant will continue

salantis [7]

Answer:

Net present value of $168,953.93

Explanation:

We will calculate the present value of the cash flow at the investor's rate of return.

First we have the annuity of 20,000 during 5 years

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

C = 20,000

time = 5

rate = 10

$20,000 \times \frac{1-(1+0.10)^{-5} }{0.10} = PV\\$

PV = 75,815.73539

Then we calculate the present value of the final payment of 150,000

$\frac{Nominal}{(1 + rate)^{time} } = PV$

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4 0

2 years ago

You own a fixed-income asset with a duration of five years. If the level of interest rates, which is currently 8%, goes down by

I am Lyosha [343]

Answer:

0.4629%

Explanation:

Given:

Duration of fixed assets (D) = 5 year

Interest rate (r) = 8% = 8/100 = 0.08

Decrease in Interest rate point(ΔY) = 10 basis = 10/100 = 0.01%

Computation:

D* = D / (1 + r)

D* = 5 / (1 + 0.08)

D* = 5 / 1.08

D* = 4.6296

Computation:

ΔP/P = D* × ΔY

= 4.6296 × 0.01%

= 0.4629%

Therefore, Price of the assets go up to 0.4629%.

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2 years ago