Answer:
b.$34,320
Explanation:
Ordinary interest ; Use simple interest formula to fins amount
Amount (A) = Simple interest +Principal , and
Simple interest (S.I) = Principal * rate *time i.e. P*r*t
Principal = $33,000
rate = 6%
time in years = 8/12 <em>note: 8 months, counted from May 17 to Jan 16)</em>
Amount = [33,000*0.06 * ]+ 33,000
A = 1,320 + 33,000
A = 34,320
Therefore, the maturity value would be $34,320
The appropriate response is market analysis, it is a quantitative and subjective evaluation of a market. It investigates the measure of the market both in volume and in esteem, the different client portions and purchasing designs, the opposition, and the financial condition as far as hindrances to passage and control.
Answer:
The cost outweigh the benifits by 3,700 dollars.
Explanation:
The benifits outweigh the cost if total benifits are more than total costs/spendings. Detail calculation to check the requirement of question is given below.
Spending
Software Cost $ 10,800
Employee Training $ 8,700
Hardware upgradation cost $ 12,300
Total spending $ 31,800 -A
Benifits
Inventory tracking system $ 28,100
Total Benifits $ 28,100 -B
Saving B-A ($ 3,700)
demand deposits - a deposit of money that can be withdrawn without prior notice
near money - assets that can readily be converted into cash, such as government bonds
just google the definitions and read about it
Answer:
a. 5.85 years
b. 17.5%
Explanation:
a. For the computation of payback period first we need to find out the annual cash flow which is shown below:-
Annual Cash Inflow = Sales - Material - Selling and Administrative Expenses - Income Tax
= $75,000 - $40,000 - $7,500 - $7,000
= $20,500
Payback period = Initial investment ÷ Annual cash flow
= $120,000 ÷ $20,500
= 5.85 years
b. The computation of the accounting rate of return is shown below:-
accounting rate of return = Net income ÷ Average investment
= $10,500 ÷ ($120,000 ÷ 2)
= $10,500 ÷ $60,000
= 17.5%