Answer:
Present value (PV) = $57,500
Interest rate (APR) = 5.9%
Number of years = 5 years
Number of installments in a year (m) = 12
Monthly payments (A) = ?
PV = A<u>(1 - (1 + r/m)-nm</u>)
r/m
$57,500 = A<u>(1 - (1 + 0.059/12)</u>-5x12
0.059/12
$57,500 = A<u>(1 - (1 + 0.004916666667)</u>-60
0.004916666667
$57,500 = A<u>(1 - (1.004916666667)</u>-60
0.004916666667
$57,500 = A<u>(1 - 0.745069959)</u>
0.004916666667
$57,500 = A(51.85017778)
<u>$57,500 </u> = A
51.85017778
A = $1,108.96 per month
Explanation:
In this case, we need to apply the formula for present value of an ordinary annuity on the assumption that payment is made on monthly basis. The present value, interest rate (APR), number of years and number of installments in a year were provided in the question with the exception of monthly payment. Thus, the monthly payment becomes the subject of the formula.
Answer:
Carla Vista Corp. has Inventory of $7,109,540
Explanation:
Carla Vista Corp. has current liabilities of $4,354,000, and a quick ratio of 0.99
The quick ratio is calculated by the following formula:
Quick ratio = (Cash & equivalents + Short Term investments + Accounts receivable)/Current Liabilities
(Cash & equivalents + Short Term investments + Accounts receivable) = Quick ratio x Current Liabilities = $4,354,000 x 0.99 = $4,310,460
Total current assets = (Cash & equivalents + Short Term investments + Accounts receivable) + Inventory
Inventory = Total current assets - (Cash & equivalents + Short Term investments + Accounts receivable) = $11,420,000 - $4,310,460 = $7,109,540
Answer:
TWO DAY METHOD
Explanation:
TwoDay Approach refers to the family planning approach for knowledge of pregnancy, utilizing cervical secretions to suggest fertility. A patient utilizing the TwoDay Process searches at least two times a day for cervical excretions. She perceives herself fertile when she realizes secretions of any form, texture, or consistency, either "currently" or "yesterday."
Secretions serve as a strong fertility indicator. It becomes theoretically fertile because a woman has cervical secretions, and may get pregnant through unwanted intercourse. TwoDay approach applies to people who wish to utilize a hormone-free system regardless of the duration of the cycle.
Answer:
The process by which a domestic company sells its already sold on its donestic exchange on a foreign stock exchange is called
Explanation:
the answer is letter D. cross-listing
Willie appears to be an important part of the informal Organization
Explanation:
The informal organization comes from the purposeful development of a system of interactions. Willie has little influence in the formal association, but love for him in the department of development makes it very important for him to engage in the informal organisation.
The primary role of informal organizations is essentially to preserve people's values and beliefs. If you can socially associate yourself, you always feel a sense of cohesion. As a result, an informal organization has another function that will provide members with social satisfaction.