Answer:
-$1,878,086.608
Explanation:
The computation of the net present value is shown below;
(in dollars) (in dollars)
Year Cash flows Discount factor Present value
0 -3225000 1 -3225000 (A)
1 275000 0.9259259259 254629.630
2 475000 0.8573388203 407235.940
3 400000 0.793832241 317532.896
4 500000 0.7350298528 367514.926
Total 1346913.392 (B)
Net present value -$1,878,086.608 (A - B)
This is the answer but the same is not provided in the given options
Answer:
It will take 8.8 years to double the investment given an interest rate of 8.8% annually.
Explanation:
Giving the following information:
Interest rate= 8.8%
<u>The rule of 70 is a means of estimating the number of years it takes for an investment or your money to double. </u>We will use the following formula:
<u></u>
Number of Years to Double= 70/Annual Rate of Return
Number of Years to Double= 70/8.8
Number of Years to Double= 7.95
It will take 8.8 years to double the investment given an interest rate of 8.8% annually.
Answer: Less elastic
More elastic
Explanation: Price discrimination in simple words is the situation in which the producer of the commodity charges different prices from different individuals for the same commodity.
If the demand for a particular commodity is less elastic for a consumer, then there is high chance that he will not shift his demand to other product due to high price.
But a more elastic demand suggest that the consumer is not very used to for the product and can shift demand from high prices.
Thus, firms will charge high prices from less elastic customer and low prices from more elastic customers.
Answer:
1.130
Explanation:
Given:
Cash & Cash Equivalents = $32,000
Short-term Investments = $8,000
Current Receivables (Net) = $64,000
Current Liabilities = $92,000
Now,
The quick ratio is the ratio of the sum of the cash, cash equivalents and net receivables to the current liability of a firm
Therefore,
for the given question
quick ratio =
or
quick ratio =
or
quick ratio = 1.130
Answer: $450,000
Explanation:
From the question, we are told that the activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $560 per batch and that Product X has machine hours of 3,000.
Machining cost assigned to poduct X will be gotten by multiplying the machine hours by the activity rate per machine hour. This will be:
= 3000 × $150
= $450,000