Answer:
The answer is $252415.91
Explanation:
Solution
Now
A step bu step solution is provided below in showing the present value of the savings
Given that:
Year Annual Revenues Calculations Present value
1 $47000 $47000 / (1.071)^1 $43884.22
2
$47000 $47000 / (1.071)^2 $40975
3 $47000 $47000 / (1.071)^3 $38258.63
4 $47000 $47000 / (1.071)^4 $35722.35
5 $47000 $47000 / (1.071)^5 $33354.2
6 $47000 $47000 / (1.071)^6 $31143.04
7 $47000 $47000 / (1.071)^7 $29078.47
Total present value $252415.91
Hence the current or present value of the savings is $252415.91
<span>consume; recession; less; increase; The existing job helped him survive through new job search and avoid the recession effect on him and livelihood. This also has down side as he might be far from getting the new job as he would less motivated because of the existing job. This lack of motivation might waste his time in the job search.</span>
Answer:
Money available to the buyer is most important factor which needs to be considered. Also the quality of the old tires is considered before making a decision to replace tires. The life of tire is dependent on the running of the car plus the quality of the roads.
Explanation:
The tire are replaced once they are damaged. The damage can be through accident, roughness of roads, extra mileage and other similar factors. Once the tire is damaged it is better to replace it by the new one as this can be harmful for the commuters to travel in a car whose tires are damaged. There can be puncture or even tire burst situation which could be a threat to life.
Answer:
Altoona’s Net Income for 2021 was: $296,000
Explanation:
The Net Income can be determined by reconciling the Net cash flow from operating activities to Operating Profit as follows :
Net cash flow from operating activities $300,000
Less Depreciation and amortization ($24,000)
Add Increase in accounts receivable $20,000
Operating Profit $296,000
Notes :
Reconcile the non-cash items previously added or deducted from Net cash flow from operating activities and any changes to Working Capital accounted for in determination of Net cash flow from operating activities .
Answer and explanation:
In both cases, in terms of rent and terms of students benefits, it will be better for the college to have two stores, In that way, the college makes sure the profits will be higher than just by having one store on campus and students are benefited because of the variety of books they could find in the two stores, not just in one.
