IRR function for this problem is 7. 7% and invest in the project
<h3>What is
IRR function?</h3>
The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that occur at regular intervals. Determine the internal rate of return. Return was calculated as a percentage. =IRR (values, [guess])
IRR is the interest rate at which the sum of all cash flows equals zero, thus it is useful for comparing one investment to another. In the preceding example, if we substitute 8% with 13.92%, the NPV becomes 0, and your IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's NPV becomes zero.
To know more about IRR function follow the link:
brainly.com/question/24301559
#SPJ4
Answer:
Functional need
Explanation:
Functional need -
It refers to the needs of the human being , which are important for the survival , is referred to as functional need .
These are basic requirements which are important for the day to day activities of the people .
Hence , from the scenario of the question,
Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .
Hence, the need of basket is the functional need .
Answer:<em>True cost = 
</em>
<em>= 
</em>
<em>= $ 13,669,821.2</em>
Explanation:
Given :
Debt-Equity ratio = 0.55
Flotation cost for new equity = 6%
Flotation cost for debt = 3 %
∴ To compute the weighted flotation cost , we'll use the following formula:
Weighted Flotation cost =![\left [ \frac{1}{1+Debt-Equity ratio}\times Flotation cost of equity \right ] + \left [ \frac{Debt-Equity ratio}{1+Debt-Equity ratio}\times Flotation cost of debt \right ]](https://tex.z-dn.net/?f=%5Cleft%20%5B%20%5Cfrac%7B1%7D%7B1%2BDebt-Equity%20ratio%7D%5Ctimes%20Flotation%20cost%20of%20equity%20%5Cright%20%5D%20%2B%20%5Cleft%20%5B%20%5Cfrac%7BDebt-Equity%20ratio%7D%7B1%2BDebt-Equity%20ratio%7D%5Ctimes%20Flotation%20cost%20of%20debt%20%5Cright%20%5D)
= ![\left [ \frac{1}{1+0.55}\times 0.06 \right ] + \left [ \frac{0.55}{1+0.55}\times 0.03 \right ]](https://tex.z-dn.net/?f=%5Cleft%20%5B%20%5Cfrac%7B1%7D%7B1%2B0.55%7D%5Ctimes%200.06%20%5Cright%20%5D%20%2B%20%5Cleft%20%5B%20%5Cfrac%7B0.55%7D%7B1%2B0.55%7D%5Ctimes%200.03%20%5Cright%20%5D)
= 0.0387 + 0.0106
= 0.04934 or 4.93%
The true cost of building the new assembly line after taking flotation costs into account is evaluated using the following formula :
True cost =
=
= $ 13,669,821.2
Answer:
The amount of Depreciation Expense for the equipment used in the business is $1,700
Explanation:
In order to calculate the amount of Depreciation Expense for the equipment used in the business we would have to make the following calculation:
amount of Depreciation Expense for the equipment used in the business= Adjusted Trial Balance-Unadjusted Trial Balance
amount of Depreciation Expense for the equipment used in the business= $ 9,400-$7,700
amount of Depreciation Expense for the equipment used in the business= $1,700
The amount of Depreciation Expense for the equipment used in the business is $1,700
Which inventory method generally results in costs allocated to ending inventory that will approximate their current costs? FIFO. The FIFO inventory method stands for first-in, first-out. This method allows businesses to keep track of their inventory on an old inventory out before the new inventory basis. The first out inventory is recorded as the first items sold even if they aren't exactly the oldest item.
