Answer:
(a) 5.41 times
(b) 3.48 times
Explanation:
(a) Accounts receivable turnover for 2017:
= 5.41 times
Working:
= 462,500
(b) Inventory turnover for 2017:
= 3.48 times
Working:
= 575,000
Answer:
€928.46
Explanation:
Since it was hinted that bonds issued outside of the United States pay coupons annually, it is expected that the bonds issued in Germany pay annual coupons, and its price is computed below using the bond price formula, excel PV function, and financial calculator:
Bond price=face value/(1+r)^n+annual coupon*(1-(1+r)^-n/r
face value=€1,000
r=yield to maturity=8.7%
n=number of annual coupons in 10 years=10
annual coupon=face value*coupon rate=€1,000*7.6%=€76
bond price=1000/(1+8.7%)^10+76*(1-(1+8.7%)^-10/8.7%
bond price=1000/(1.087)^10+76*(1-(1.087)^-10/0.087
bond price=1000/2.30300797+76*(1-0.43421474)/0.087
bond price=1000/2.30300797+76*0.56578526/0.087
bond price= 434.21+494.25= €928.46
Excel PV function:
=-pv(rate,nper,pmt,fv)
=-pv(8.7%,10,76,1000)
pv=€928.46
Financial calculator:
N=10
PMT=76
I/Y=8.7
FV=1000
CPT PV=€928.46
Answer:
A. Institutional Capitalism
Explanation:
Institutional capitalism is the phenomenon whereby large institutions holds large share of the capitalistic enterprise. Capitalism in itself has to do with private companies having their own ownership of the production process. In this case, the capitalistic enterprise is done on the basis of institutional shareholding.
Answer:
a.Realised Loss of Yanci's Personal Residence is $20,000 . Recognised Loss is Zero
b. Recognised Gain= $25.000
c. the realised gain will be $460.000
Explanation:
A. Realised Gain= Condemnation Proceeds-Adjsuted basis
= $460000-$480000
($20000)
Realised Loss of Yanci's Personal Residence is $20,000 . Recognised Loss is Zero
B. Realised Gain in case Condemnation proceeds are $505.000
Realised Gain= $505.000-$480.000
=$25,000
Recognised Gain= $25.000
C. If the House is rental property then the realised gain will be $460.000
From the calculation below, the net present value of the bottling machine is -$3,053.38.
<h3>Calculation of net present value</h3>
The net present value of the bottling machine can be calculated as follows:
Present value of annual net annual cash flows = Annual net cash flows * ((1 - (1 / (1 + Discount rate))^number of years) / Discount rate)
Present value of annual net annual cash flows = $45,800 * ((1 - (1 / (1 + 12%))^11) / 12%)
Present value of annual net annual cash flows = $45,800 * 5.9376991325097
Present value of annual net annual cash flows = $271,946.62
Therefore, we have:
Net present value of the bottling machine = Present value of annual net annual cash flows – Machine cost = $271,946.62 - $275,000 = -$3,053.38
Learn more about net present value here: brainly.com/question/13031140.
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