Answer:
Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000
Explanation:
Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.
I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.
Best of luck.
Answer: $7924. 5
Explanation:
Given the following :
Cost of new equipment and timbers - $275,000
Working capital required - $100,000
Annual net cash receipts - $120,000
Cost to construct new roads in year three - $40,000
Salvage value of equipment in four years - $65,000
Kindly check attached picture for Explanation
<span>How does Truth In Lending protect consumers when shopping for a loan</span>
Answer:
E. It may encourage a sense of entitlement among employees.
Explanation:
Above the market, compensation in the form of wage strategy in which the organizations initiates high salaries to the employees. High salaries are provided to the employees to attract them and to retain them in the team. This is done to maintain the caliber of the group and for the smooth flow among the team members.
Answer:
3.96
Explanation:
A company's Time Interest Earned ratio shows us its ability to pay its debts.
The income before expenses is given as: $575000
The interest expenses = $145000
The question wants us to find time interest earned ratio. We get this by:
Company's initial income/interest expenses
= $575,000/$145,000
= 3.96
This is the correct answer to the question. The right answer was not listed in the options.
