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Tema [17]
3 years ago
14

Rugged Bicycles, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. If

sales are budgeted to be $400,000 for March and $450,000 for April, what are the budgeted cash receipts from sales on account for April?
Business
1 answer:
damaskus [11]3 years ago
5 0

Answer:

$412,500

Explanation:

March

Cash receipts from sales on account for April = $400,000 * 75%

Cash receipts = $300,000

April

Cash receipts from sales on account for April = $450,000 * 25%

Cash receipts = $112,500

Total Cash receipts = Cash receipts from sales on account from March + Cash receipts from sales on account from April

Total Cash receipts = $300,000 + $112,500

Total Cash receipts = $412,500

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Juli2301 [7.4K]

Answer:

$1,067,477.62

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

PV of annuity = $100,000 x [ ( 1- ( 1+ 8% )^-5 ) / 8% ]

PV of annuity = $1,067,477.62

According to my calculations, in order to be able to withdraw $100,000 from an annuity earning 8% at the end of each of the next 25 years, the amount you would need to deposit now would be $1,067,477.62.

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3 years ago
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qaws [65]

Answer:

C. What the program will ultimately cost the federal government

Explanation:

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How do I get better at Risk the Board Game
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4 years ago
The risk-free rate of return is 2,2 percent, the expected market return is 11 percent, and the beta for solstice, inc. is 1.12.
hichkok12 [17]

A unique approach known as the capital asset pricing model or CAPM is employed in finance to determine the correlation between the risk of investing in a particular share and expected dividends. The expected returns for security are calculated using the CAPM model.

<h3>CAPM model</h3>

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Required rate of return = 2.2% + 1.12 (11% - 2.2%)

Required rate of return = 12.05%

Hence, the correct option is D (12.05%).

The risk-free rate is the rate of return offered by an investment that carries zero risk. Every investment asset carries some level of risk, however small, so the risk-free rate is.

To learn more about CAPM models visit the link

brainly.com/question/2254619

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Sometimes you find yourself getting off-task because your boss keeps piling on the work, and you aren't sure what to prioritize.
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