Answer: $58600
Explanation:
The net income that would have been if the allowance method had been used, and the company estimated that 2.5% of sales would be uncollectible will be calculated thus:
= Reported net income + Uncollectible - (Sales × % Uncollectible)
= $63800 + $9300 - ($580000 × 2.5%)
= $63800 + $9300 - $14500
= $58600
The fee that the lender should charge to ensure they get a yield of 5% on a fixed 4.25% loan is <u>0.75%</u>.
<h3>What is the lender's yield?</h3>
The lender's yield is the implicit interest rate charged to the borrower. The lender's yield can also be described as the internal rate of return for the lender, given the loan's discounted cash flows. The lender's yield is usually annualized, it is quoted as a rate per year.
Thus, for the lender to enjoy a yield of 5% on a 4.25% fixed-rate loan, the lender's fees should include at least <u>0.75%</u> (5% - 4.25%).
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Answer:
Owners are not required to pay it to foreign workers.
Explanation:
The minimum wage policy should offer protection to all employees. The policy should not discriminate against any group of workers, such as the youth, women, or immigrants. The wage policy applies in all types of contractual agreements. The policy seeks to protect the most vulnerable category of workers.
Only a few groups are excluded from the policy and with reasons. They include workers in the informal economy and domestic workers.
Answer:
A) $83
Explanation:
First, find aftertax OCF per year
aftertax OCF = (Operating benefit - depreciation)*(1-tax) +depreciation
Depreciation per year = 10,000/5 = 2,000
Tax = 34%
aftertax OCF per year = (3,000 - 2,000)*(1-0.34) + 2,000
= 660 +2,000
= 2,660
Next, find the PV of the aftertax OCF per year. It is an annuity;
PMT = 2,660
N = 5
I/Y = 10%
FV = 0
then CPT PV = 10,083.493
Subtract the initial cost of the machine to find the Net Present Value (NPV);
NPV = -$10,000 + $10,083.493
NPV = $83.493
Answer:
$876,205.93
Explanation:
Calculation for the value of the Treasury note
FV= 1,000,000
N=3*2
N=6
PMT=3%*1,000,000/2
PMT=30,000/2
PMT= 15,000
I/Y=7.7/2
I/Y= 3.85
Using financial calculator to find the present value of the treasury note
Present Value = $876,205.93
Therefore the present value of the treasury note will be $876,205.93
