It's too short. Write at least 20 characters to explain it well.
Answer:
$217,500
Explanation:
We know that the
Cost of goods sold = Sales revenue - gross profit
= $375,000 - $157,500
= $217,500
To compute the cost of goods sold we deduct the gross profit from the sales revenue so that the cost of goods sold can come.
And, the net income would be ignored
This is the answer but the same is not provided in the given options
Answer:
How much should she allocate to each investme?
420000 in Bonds and
280000 in Saving Account
Explanation:
x*0.03 = y*0.02
Assuming she has to invest everything
x+y = 700,000
x = 700,000-y
Plug that in to the above
(700000-y)*0.03 = y*0.02
21000 - 0.03y = 0.02y
21000 = 0.05y
y = 420000
x = 700,000-y
x = 700,000-420000= 280000
420000 in Bonds and
280000 in Saving Account
Income saving=280000*2%=5600
Utility bonds=420000*3%= 12600
Answer:
It is 1.12 (B)
Explanation:
Profitability Index= PV of Future cash flow/Initial Investment
= $72,800/$65,000
=1.12
The index is a useful tool for ranking investment projects and making decision most especially when there is limited capital availbal and all the viable projects cannot be executed. It showed the value created per unit of investment.
Hence, the higher the profitability index, the more attractive the investment is.
It is B. and now i have to type more to get this answer posted