Answer:
A) Based on NPV, Mike will choose 2nd influencer.
B) Based on IRR, Mike will choose 2nd influencer.
Explanation:
See images to get the appropriate answer:
Answer:
$876,205.93
Explanation:
Calculation for the value of the Treasury note
FV= 1,000,000
N=3*2
N=6
PMT=3%*1,000,000/2
PMT=30,000/2
PMT= 15,000
I/Y=7.7/2
I/Y= 3.85
Using financial calculator to find the present value of the treasury note
Present Value = $876,205.93
Therefore the present value of the treasury note will be $876,205.93
Answer:
$607,000
Explanation:
False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account.
Sales and cash collections from customers during the year were $650,000 and $610,000, respectively.
False Value estimates that 6% of all sales will be returned.
During 2016, customers returned merchandise for credit of $28,000 to their accounts.
False Value's 2016 income statement would report net sales of:
The closing balance in the allowance for sales returns account will be: 32,000 opening balance + 6% 0f 650,000 - sales returns within the year of 28,000 = $43,000
Hence Net Sales will be 650,000 - 43,000 = $607,000
The company's payment = $1640,
Carol's total cost = $410.
<u>Step-by-step </u>
<u>Given:</u>
Bill amount = $2300
Amount of deductible = $250
Remaining amount is given by:
=$2300-$250
=$2050
Since Carol's insurance company provided paid 80% of the bill less the deductible.
So, the Company's Payment is given by:
Company Pays 80% which translates to 0.8
Company Payment = 0.8*2050
Company Payment = $1640
Carol's total cost after the payment of company is given by
Carol pays = $2050 - $1640
Carol pays = $410
Hence, the company's payment was $1640, Carol's total cost was $410.
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Answer:
55.58
Explanation:
Data provided in the question;
Initial demand per month, Q₁ = 3
Final demand per month, Q₂ = 5
Initial price, P₁ = $33,200
Final price, P₂ = $33,500
Now,
elasticity of demand using midpoint method is calculated as :
=
or
= 
on substituting the respective values, we get
= 
or
= 
or
= 
= 55.58