Answer:
Explanation:
Present value of annuity factor = 4,611,018/370,000 = 12.46
The we look at the present value table of annuity where n=20 and find annuity factor of 12.46. In the case of i=5% the annuity factor is 12.46. So implicit rate in the lease agreement in 5%.
Answer:
Explanation:
Wage replacement ratio is the ratio of a person's gross income after retirement divided by his gross income before retirement.
We use the given information to asses his spending on his lifestyle
Salary = 100000
Saving = 15% of 100000 = 15000
Mortgage payment = 2350
The amount spent on lifestyle = 100000 - 15000 - 2350
= 82650
Thus considering only the available information
Wage replacement ratio = 82650/100000 = 82.65%
Hence,
among the given option
Jack must have 80% wage replacement ratio
Answer:
The answer is: TRUE
Explanation:
The marketing mix of a company includes the four Ps; place, product, price and promotion. The marketing mix defines the company's marketing strategy.
While the marketing plan is how the marketing strategy will be carried out and executed: e.g. how much should a product cost, how will our product be promoted, etc.
Answer:
No. The CEO is wrong inventory turnover is 11.76 times a year
Explanation:
Inventory turnover is an Asset Management ratio which measures the activity of liquidity of a Company`s Inventory
Deliverance Corporation should calculate Inventory turnover as follows :
Inventory turnover = Cost of Goods Sold ÷ Average Inventory
Where,
Cost of Goods Sold = $56,000,000
and
Average Inventory = $4,760,000
Therefore,
Inventory turnover = $56,000,000 ÷ $4,760,000
= 11.76
Conclusion :
The CEO is wrong inventory turnover is 11.76 times a year