Answer:
Cost of machine = $73,897.99
Explanation:
The cost of machine to Swifty Corporation the present value pf the ordinary annuity payment of $20,500 per year discounted at the interest rate of 12%.
Note that the annuity is an ordinary annuity because annual payment is made at the end of the year.
Present value of ordinary annuity= annuity factor× annual payment
Present value of ordinary annuity = 20,500× 3.60478= $73,897.99
Cost of machine = $73,897.99
Answer:
$1,486.29
Explanation:
To calculate Ted's account balance at the end of the month:
First, deduct the checks:
1400 - 350.45 - 200.01 - 11.53 - 68.10 - 177.37 = 592.54
Now, add the deposits:
592.54 + 450 + 450 = 1,492.54
The bank charges him a $0.25 fee for every check. He wrote five checks, so his fee is:
0.25 * 5 = 1.25
Deduct the fee from his account:
1,492.54 - 1.25 = 1,491.29
Finally, deduct the monthly account fee:
1,491.29 - 5 = 1,486.29
The first option is the correct option.
Hope this helps :)
Hey there,
Your question/statement reads: <span>Jonathan is a photographer. he has been hired by a company to shoot an advertisement for their product. which role does Jonathan play in the advertising process for the product.
Based on the small excerpt above, I believe the Jonathan would be played as the (boss) in a way. It said on how he advertised and he also hired people. So he would be the (boss/leader) of this. And also, he would be the owner of this product.
Hope this helps.
~Jurgen</span>
Answer:
Negative cash balance of $210,000.
Explanation:
Given that,
cost of equipment = $200,000
Inventory purchased = $12,500
Cash balance = $2,000
Accounts payable = $4,500
Net cash flow at time zero:
= (cost of equipment) + (Increase in working capital)
= ($200,000) + (Inventory purchased + cash balance - Accounts payable)
= ($200,000) + ($12,500 + $2,000 - $4,500)
= ($200,000) + ($10,000)
= ($210,000)
Note: Negative values are in the parenthesis.
