Answer:
$60,936
Explanation:
Provided information,
$12,000 will be received at each year end from third year to 12th year end.
The discount rate provided = 10%
Therefore PVAF of 10% for third year end to 12th year end will be for $1
Here 0.10 = 10% discount rate
Value for $12,000 = $12,000 5.078
Present Value of $12,000 will be
= $60,936
Answer:
The answer is 0,5739.
Explanation:
If we subtract the cost of goods and other expenses from the net sales revenue, we get $181,500.
The balance of fixed assets at the end is $400,000 and the stockholders' equity is $875,000.
The difference in the balance of fixed assets is $28,000 and the difference in the stockholders' equity is $365,000.
So the return on equity ratio can be computed as follows;
(181,500+28,000) / 365,000 = 0,5739.
I hope this answer helps.
P=present value
F=future value=500
n=number of years=2
i=annual interest rate=3%
We have
F=P(1+i)^n
=>
P=F/(1+i)^n
=500/(1.03^2)
= 471.30 to the nearest cent
Answer:
government is the corret answer
Answer:
$1,000
Explanation:
No fault insurance basically protects you and your family from small accidents by paying your medical bills regardless of who is at fault. This type of policies applies to car or house insurance.
In this case, the accident was caused by Jason but since who is responsible is not important in this type of policy, then it should cover up to its maximum limit.