Answer:
China has the bigger economy than Australia
Explanation:
Answer:
They must deposit $5,113,636.36.
Explanation:
Giving the following information:
Cash flow= $225,000
Interest rate= 4.4 percent
To determine the amount to be deposited today, we need to use the perpetual annuity formula:
PV= Cf/i
Cf= cash flow
PV= 225,000/0.044
PV= $5,113,636.36
They must deposit $5,113,636.36.
Answer:
A lot of different businesses could meet his needs. Many are illegal but one is to do delivery work for various restaurants.
Explanation:
Gross Profit is calculated by deducting the cost of goods sold, sales return and sales discount from the sales. The operating expenses is not considered for gross profit. The same is deducted from the gross profit for finding the net profit.
Gross Profit = Sales - Cost of goods sold - Sales Return - Sales Discount
Gross Profit = $150,000 - $67,000 - $13,000 - $6,000
Gross Profit = $150,000 - $86,000
Gross Profit = $ 64,000
Thus, gross profit is $64,000