Answer:
Following Statement is true
Operating income has increased as a percentage of revenue.
Vertical Analysis
Year 2 Year 1
Fees Earned $153,500 $149,700
Operating expenses <u>$122,800</u> <u>$127,245</u>
Operating Income $30,700 $22,455
Operating Income as percentage of sales 20% 15%
Operating Income as percentage of sales is increased in year 2.
<u>Which of the following statements are true?</u>
Operating income has decreased as a percentage of revenue.
Operating income has increased as a percentage of revenue.
None of these choices are correct.
Operating expenses have increased as a percentage of revenue
Answer:
a. $80,318.70
b. $97,568.57
Explanation:
Here is the full question :
You have just received a windfall from an investment you made in a friend's business. She will be paying you $ 15 comma 555 at the end of this year, $ 31 comma 110 at the end of next year, and $ 46 comma 665 at the end of the year after that (three years from today). The interest rate is 6.7 % per year. a. What is the present value of your windfall? b. What is the future value of your windfall in three years (on the date of the last payment)?
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $ 15,555
Cash flow in year 2 = $31,110
Cash flow in year 3 = $ 46,665
I = 6.7%
Present value = $80,318.70
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
$80,318.70(1.067)^3 = $97,568.57
Answer:
Nothing socialism is hell!
Explanation:
It is the standard (IRS) form that individuals use to file their annual income tax returns
<span>Actually here to achieve the goal of increased market share the restaurant y followed the risk reward management function, which covers the bulk sales with clear cut super marketing strategy for their restaurants products along with word of mouth or mouth publicity, which works most of the time in any of the bussinesses.</span>