Answer:
Interest per week=17.4%
Explanation:
Using equation
F=P(1+i)^n
where n is the time period,P is the present value and F is the future value
Given F=550,P=42 and n=16 solving equation we will get
i=17.4%
Answer:
the operating cash flow is $17,820
Explanation:
The computation of the operating cash flow is shown below;
Annual depreciation = $87,000 ÷5
= $17,400
Now
Operating cash flow is
= (sales - cash costs - depreciation) × (1 - tax rate) + depreciation expense
= ($75,000 - $57,000 - $17,400) × (1 - 0.3) + $17,400
= $420 + $17,400
= $17,820
hence, the operating cash flow is $17,820
Answer:
Ending inventory= $3,485
Explanation:
Giving the following information:
Beginning inventory= 8 units for $200 each
On October 2= purchased 20 units at $205 each.
11 units are sold on October 4.
u<u>nder the FIFO (first-in, first-out) inventory method, the ending inventory is calculated using the cost of the last units incorporated into inventory.</u>
Ending inventory= 17*205= $3,485
In the primary market investors buy securities directly from the company issuing them while the secondary market, investors trade securities among themselves, and the company with the security being traded does not participate in the transaction. Therefore, an example of a primary market transaction would be the sale of 1000 shares of newly issued stock by Alt Company to Miquel.
