Answer:
The correct option is B,15.65%
Explanation:
Modified Internal Rate of Return(MIRR) can be determined by using the excel MIRR function,whose formula is given below:
=MIRR(values,finance rate,reinvestment rate)
The values are the cash inflows and the initial capital outlay of $850
the finance rate is the same as the reinvestment of 10% which is the rate of return that would make the investment present values of cash inflows equal the initial investment
MIRR=15.65% as found in the attached.
Answer:
The correct answer is C. classical economist.
Explanation:
Classical economics reoriented economic thinking away from the approach that was based on the preferences of rulers or social classes. The classics emphasized the benefits of free trade and developed an organized analysis of the value of goods and services as a reflection of their cost of production.
Classical economists opposed government intervention in the market through price controls, fees, regulations or any other mechanism that altered its normal functioning.
Gasoline-powered automobile should be the answer.
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Answer:
$93,500
Explanation:
Net Working Capital = Current Assets - Current Liabilities
Current Assets = Total Equity + Liability - Fixed Assets
= $218,700 + $141,000 - $209,800 = $149,900
Current Liability = $141,000 X 40% = $56,400
As out of total due 40% is payable within a year, which means it is current liability.
Net working capital = $149,900 (current assets) - $56,400 (current liability)
= $93,500
