Answer:
They are something to do with car and lines in traffic
Explanation:
:))) Your welcome
Answer:
$60 million
Explanation:
The quick ratio is the financial ratio of the current assets less inventory to current liabilities. While the accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity.
This may be expressed mathematically as
Assets = Liabilities + Equity
Given that quick ration is 1.7 and current liabilities = $50 million
1.7 = current assets less inventory/$50 million
current assets less inventory = 1.7 * $50 million
= $85 million
The total asset is made up of the current assets less inventory, inventory, fixed assets. Let the balance for fixed assets be y
$85 + $65 + y = $210 (all amounts in millions)
y = $210 - $150 (all amounts in millions)
y = $60 (all amounts in millions)
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Answer:
Present value = $75,379.47
Future value is $91,567.97
Explanation:
a) Present value of cash flow is calculated as:

Present value = $14578.25 + $27,325.69 + $33475.53
Present value = $75,379.47
b) Future value of windfall is calculated as


Future value is $91,567.97