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yan [13]
3 years ago
7

Wylie has been offered the choice of receiving $5,000 today or an agreed-upon amount in 1 year. While negotiating the future amo

unt, Wylie notes that he would be willing to take no less than $5,700 if he has to wait a year. What is his TVOM in percent? Wylie has been offered the choice of receiving ,
Business
1 answer:
Studentka2010 [4]3 years ago
8 0

Answer:

The answer is 14%

Explanation:

Formula for Future value (FV)                    FV = PV (1+ni)

Whereas FV= Future value, PV = present value, n= number of years, i= TVOM in percentage

Rearranging the formula for i

     i =        (FV/PV)-1

So, i =       (5,700/5,000)-1

      i =      1.14-1

      i =      0.14

      i =       14%

(0.14x100=14%)

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Answer:

Definition of polycentric

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Explanation:

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2 years ago
LeCompte Corp. has $312,900 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $620
Gnom [1K]

Answer:

LeCompte Corp.

The profit margin that LeCompte Corp. would need in order to achieve the 15% ROE, holding everything else constant is:

A) 7.57%.

Explanation:

a) Data and Calculations:

Assets = $312,900

Common Equity = Assets = $312,900

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Profit margin = Returns on Equity/ Sales * 100

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= 7.57%

b) The expected returns on equity in dollars is equal to the net income.  Therefore, we can use the ROE to calculate the profit margin.  The profit margin expresses the relationship between sales and profit.  It shows the profit made from each dollar sales.

4 0
3 years ago
What is a short term benefit for a company to regulary keeping wages low
Tcecarenko [31]
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AVprozaik [17]

Answer:

A) -$10,020,000

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