Answer:
A) $1,200
Explanation:
The cash inflow is that amount which increases the cash balance i.e cash has come whereas cash outflow is that amount which decreases the cash balance
In the given situation, the cash inflow would be
= Income generated from his job + stock dividend income
= $1,000 + $200
= $1,200
And, the cash outflow would be rent & utilities and other types of expenses which decrease the cash balance as the cash is gone
Answer:
= 5,200
Explanation:
Let the sales units be represented by variable X
Profit = Revenues -COGS -Fixed costs
Revenues = Selling price *X = $5X
COGS = $2.5X
Fixed costs = $3,000
Desired profit = $10,000
Therefore;
10,000 = 5X -2.5X - 3,000
Add 3,000 on both sides;
10,000 +3,000 = 2.5X
13,000 = 2.5X
Divide both sides by 2.5 to solve for X;
13,000/2.5 = X
X = 5,200
Therefore, the sales level in units is 5,200
The correct answer is C. Money is safer in the bank.
Explanation:
The main point or position of Jonas is that savings should be kept in an account due to the costs associated with this. In this context, the only argument that refutes Jonas' position and it is directly related to the main point of Jonas is "Money is safer in the bank" because even if keeping savings in a bank requires to pay fees this guarantees the money will be safe, which does not occur if Jonas keeps his savings at home. Moreover, the safety factor makes the option of the bank better, which refutes Jonas position.
Answer:
$880.31
Explanation:
Here for computing the new price of the bond we use the present value formula i.e. to be shown in the attachment
Given that,
Assuming Future value = $1,000
Rate of interest = 8.6% ÷ 2 = 4.3%
NPER = 8 years × 2 = 16
PMT = $1,000 × 6.5% ÷ 2 = $32.50
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the new price of the bond is $880.31
Answer:
735,000 units
Explanation:
The estimated units is computed below:
As we know that
Number of units produced = Estimated units sold + ending inventory units - beginning inventory units
750,000 units = Estimated units sold + 45,000 units - 30,000 units
750,000 units = Estimated units sold + 15,000 units
So, the Estimated units sold would be
= 750,000 units - 15,000 units
= 735,000 units
