Answer:
IRR is 18.25%
Annual amount is -$0.225 which closest to zero dollar,because at irr the investment return is zero
Explanation:
The formula for IRR in excel is :irr(values)
The formula can be applied to the cash outflow of $4,000 and cash inflow of $9,250 in five years' time as follows
Years Cash flow
0 -$4,000
1 $0
2 $0
3 $0
4 $0
5 $9,250
irr(-$4000 to $9,250)
irr is 18.25%
The amount of receivable each year can be computed using pmt formula in excel
=pmt(rate,nper,-pv,fv)
rate is the irr of 18.25%
pv is -$4000
fv is the future amount 0f $9,250
=pmt(18.25%,5,-4000,9250)
pmt=-$0.225 which closest to zero amount
Answer:
They decided to set up a partnership.
Explanation:
Two persons agreeing to share the <em>risks</em> and <em>profits</em> of their business
If you had set the price of $17 per book among your friends
in a trade, the likely result would be that there will be a presence of surplus
books in which if the required is met, left overs will likely be produced
because of supply over the demand.
Answer:
$12,000
Explanation:
total preferred dividends per year = 1,200 x $50 x 5% = $3,000
since they were not paid during the past three years, and they are cumulative, the total preferred dividends = $3,000 x 4 = $12,000
common stock dividends = total dividends - accumulated preferred dividends = $25,000 - $12,000 = $13,000
cumulative preferred stocks that are not paid in the past, must be paid before any common dividends are paid
