Answer:
Net Capital Spending = $121
Explanation:
The Net Capital Spending is the amount of money a company spends in the acquisition of fixed assets during the year. Mathematically, it is represented as:
Net Capital Spending = Ending net fixed asset - Beginning net fixed asset + depreciation
Net Capital Spending = 550 - 471 + 42 = $121
∴ Net Capital Spending = $121
Answer:
5.52%
Explanation:
The coupon rate is given below:
Given that
Future value = $1,000
Present value = $1,055
NPEr = 18 × 2 = 36
PMT = $1,000 × 6% ÷ 2 = $30
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
After applying the above formula, the rate is
= 2.76% × 2
= 5.52%
Receivables turnover ratio can be calculated by dividing the net value of credit sales during a given period by the average accounts receivable during the same period. Average accounts receivable can be calculated by adding the value of accounts receivable at the beginning of the desired period to their value at the end of the period and dividing the sum by two.
500,000÷((80,000+40,000)÷2)
=8.3
