1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zimovet [89]
3 years ago
11

Diamond Enterprises is considering a project that will produce cash inflows of $41,650 a year for three years followed by $49,00

0 in Year 4. What is the internal rate of return if the initial cost of the project is $219,000?
9.43 percent
8.29 percent
7.81 percent
8.42 percent
7.55 percent
Business
1 answer:
ikadub [295]3 years ago
6 0

Answer:

8.42 percent

Explanation:

The IRR is a discount rate that equates the after tax cash flows from an investment to the amount invested.

Using a financial calculator:

Cash flow at year zero:$-219,000

Cash flow for year one = $41,650

Cash flow for year two = $41,650

Cash flow for year three = $41,650

Cash flow for year four = $49,000

IRR = -8.42%

I hope my answer helps you

You might be interested in
lack Duck Enterprises has a five-day work week and pays the warehouse staff $15 per hour for each eight-hour work day. The work
Inessa05 [86]

Hi there!

Answer:

D. credit Wages Payable for $2,880.

Explanation:

-First we calculate the cost per employee per day

$15 per hour * 8 hours/day  = $120 per day per employee

-Then we calculate the daily cost in wages

8 employees x $120 = $960 per day

-Then we <em>accrue</em> wages until the end of the month (Monday, Tuesday and Wednesday)

Daily cost                                           $960

Days worked till the month ends       3

Accrued expense                             $2,880

<em><u>Journal entry: </u></em>

                                Debit        Credit

Wages expense     $2,880

Wages Payable                       $2,880

5 0
4 years ago
If a firm has a debt ratio of 54%, what is the firm's debt to equity ratio?
kolbaska11 [484]

Answer:

If a firm has a debt ratio of 54%, then the firm's debt to equity ratio is 117%

Explanation:

The Debt Ratio is obtained dividing Liabilities / Assets. Then, a result of 54% means that 54% of the asset is composed by liabilities.

<u>Liabilities</u><u>    54 </u>

Assets        100

Debt Ratio= 54%

By the general accounting formula we know that

Assets= Liabilities+Equity.      Then,

Assets(100)=Liabilities(54)+Equity(46)

If the Debt to equity ratio is calculated by the division of liabilities/Equity- Then:

<u>Liabilities      54</u>

Equity           46

Debt to Equity Ratio = 117%

This means that for 1 dollar on the Equity the company has 1 dollar plus 17% or 17 cents on the Liabilities.

3 0
3 years ago
A fillorkill order will be A. will be cancelled at the end of the trading day if not executed by that time. B. executed immediat
katen-ka-za [31]

Answer:

D) will be cancelled if not immediately executed at the stated price or better.

Explanation:

A Fill-Or-Kill order can be regarded as

an order that is been made in order

to buy/sell a stock and it must be executed in entirety and immediately. If not executed immediately the order might be cancelled since partial Execution is not part of the process of Fill-Or-Kill order. It should be noted that A fillorkill order will be cancelled if not immediately executed at the stated price or better.

4 0
3 years ago
Most routine writing tasks, such as composing e-mail messages or informational reports, require information that you can collect
Lapatulllka [165]

Answer:

a. Informally

Explanation:

Most routine writing tasks, such as composing e-mail messages or informational reports, require information that you can collect informally. Informal information can be collected with the help of your observation, experience and exposure with different situations and circumstances. This information can be collected from informal platforms which can be different blogs, letters, social media posts, social media videos, Vlogs and podcasts etc.

8 0
4 years ago
The sales department of a consumer products organization realized that its rivals were adopting new customer relationship manage
kenny6666 [7]

The correct answer is D) environmental forces.

The sales department of a consumer products organization realized that its rivals were adopting new customer relationship management software to keep better track of their prospects. The director of the sales department decided it would also purchase the CRM software to keep up with its rivals. This is an example of environmental forces affecting business buying behavior.

The environmental factors within an organization are technological, cultural, social, economic, demographic, operational, legal or political factors. They could be internal or external. These factors affect buying decisions of the company and that is why the director of the sales department wants to buy the CRM software to compete with its rivals and maintain good customer relationships.  

The other options of the question were A) consumer forces, B) individual forces, and D) organizational forces.

4 0
3 years ago
Other questions:
  • The correlation coefficient between the two markets is 0.20. Note that the U.K. stock market has lower returns, but lower risk.
    10·1 answer
  • Which of the following is an example of a functional skill?
    8·2 answers
  • The biggest factor in determining the price of a mortgage is:
    15·1 answer
  • Which leader behavior is most appropriate for a group of employees who are working together for the first time and are eager to
    11·1 answer
  • Chef Ann Marie of Dahlgren Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and perfo
    13·1 answer
  • A specific research objective from the information obtained in the small groups is to
    13·1 answer
  • The following information is related to Nash Company for 2020.
    10·1 answer
  • On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was $215,000 with
    5·1 answer
  • Last year a company spent $11 million on Internet advertising. If that amount increases by 17 percent this year, how much will t
    9·1 answer
  • the tragedy of the commons is the: tendency to underconsumed common resources. destruction of nonrival, nonexcludable goods. des
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!