I'm sure it's true. A small business can thrive
Answer:
0.50
Explanation:
Calculation for What is the asset turnover ratio
Using this formula
Asset turnover ratio=Net sales /Average total assets
Let plug in the formula
Asset turnover ratio=$15,000 / (($25,000 + $35,000)/2)
Asset turnover ratio=$15,000/($60,000/2)
Asset turnover ratio=$15,000/$30,000
Asset turnover ratio= 0.50
Therefore the asset turnover ratio will be 0.50
Answer:
A.
eye color of the consumer
B.
typing speed of the consumer
C.
model of the mouse on the consumer’s machine
D.
last web page the consumer visited
Explanation:
Answer:
Total PV= $790,228.23
Explanation:
Giving the following information:
Annual payment= $50,000
Number of periods= 10 years
Annual payment= $100,000
Number of periods= 5 years
Discount rate= 9% = 0.09
<u>First, we need to calculate the future value of each annual payment:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual paymeny
First 10 years:
FV= {50,000*[(1.09^10) - 1]} / 0.09
FV= $759,646.49
Next 5 years:
FV= {100,000*[(1.09^5) - 1]} / 0.09
FV= $1,709,582.17
<u>Now, the present value of the prize:</u>
PV= FV/(1+i)^n
First 10 years:
PV= 759,646.49/(1.09^10)
PV= $320,882.89
Next 5 years:
PV= 1,709,582.17/(1.09^15)
PV= 469,345.34
Total PV= $790,228.23
Answer:
1.1 years
Explanation:
The currents credit score is 560
the credit score is increasing by 12% per year is
=12% of 560
=12/100 x 560
=0.12 x 560
=67.2
The required increase is 70 points
the years it will take = 70 points /67.2 points
=1.041 years
= 1 year and one month