commenting so I can get help too
Answer:
The answer is: Expected annual net cash savings are $16,750.
Explanation:
Please find the below for detailed explanations and calculations:
Payback period is defined as the time it takes an investment to recover its initial investment.
In this case, the initial investment is the cost of software package at $67,000, while the payback period is four years.
We apply the payback period formula to calculate payback period to calculate the Expected annual net cash savings:
Payback period = Initial investment / Net cash flow per period <=> Net cash flow per period = Initial investment / payback period = 67,000 / 4 = $16,750.
So, Net cash savings annually is expected at $16,750. In other words, if the firm is to save $16,750 per year from owning the software, it will take the firm 04 years to recover its initial investment.
Answer:
The correct answer is letter "D": represents the universality of exchange rate systems.
Explanation:
Purchasing Power Parity or PPP compares different countries' currencies through a market's basket of goods approach. Two currencies are in PPP when a market basket of goods, taking into account the exchange rate is priced the same in both countries. PPP currency rates are considered more accurate than market-exchange rates.
Answer:
3.020
Explanation:
Morrit Corporation
interest amount = $1,080,000*.11 = $118,800
Net profit = 3% *$6,000,000= $180,000
Net profit + tax = profit before tax =
180000/.75 = 240000
Profit before tax + Interest = Earning before interest and tax
= $240,000+$118,800 = $358,800
TIE ratio= EBIT/Interest = $358,800/118,800
= 3.020
Therefore the TIE ratio is 3.020
Answer:
unlock the user cells and then protect the worksheet
Explanation:
In order for Ruth's husband, Barret not to alter other cells of the worksheet files, she has to unlock the user cells and then protect the worksheet.
By unlocking the user cells and protecting the work sheet, she has prevented her husband, Barret from making a change to other cells of the worksheet.
A worksheet refers to a sheet of paper on which one performs work. The worksheet Ruth used in he home office is the computer based work sheet (software) where she keeps records of her business transactions.
