P = $7,000, principal
r = 6% = 0.06, rate
n = 1, compounding interval
t = 4 years
Calculate the value after 4 years.
A = 7000*(1 + 0.06)⁴
= $8,837.34
Answer: d. $8,837.34
Answer:
d. $240.00
Explanation:
Calculation to determine what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes?
2004 CM% = 12.5% ($15/$120)
2005 CM = $2,400,000 ($1,000,000 + $200,000)
2005 CM per unit = $2,400,000/80,000 units
2005 CM per unit= $30 CM per unit;
2005 selling price per unit = $30/.125
2005 selling price per unit= $240
Therefore what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes is $240
Answer:
Real property consists of the land, land rights, and anything permanently attached to the land, while real estate consists of a structure attached to the land
Explanation:
Real estate refers to land that has a physical existence and the resources, structures are attached to it also it expands with respect to the rights of ownership and usage
While on the other hand the real property comprises fo land, rights of the land, and the thing that is permanently attached with respect to the land
Therefore the last second option is correct
Answer:
ii, iii, iv
Explanation:
Net present value is the present value of after tax cash flows from an investment less the amount invested.
If the present value of the cash inflows exceeds the initial cost of the project, NPV is positive
If the present value of the cash inflows is less than the initial cost of the project, NPV is negative
Answer:
current ratio:
C.2.6:1
Quick ratio:
1.9:1
Explanation:
Current Ratio measures the ability of a business to pay its short term debts.
Quick Ratio measures the ability of the business to measure the available of liquid assets to pay the immediate debts.
Current Assets = Cash + Cash at bank + Account Receivable + Prepayments + Inventory = $2,000 + $20,000 + $5,500 + $1,500 + $10,000 = $39,000
Current Liabilities = Account Payable + Wages Payable + Tax Payable = $12,000 + $1,500 + $1,500 = $15,000
Current ratio = Current assets / Current Liability = $39,000 / $15,000 = 2.6
Quick ratio = ( Current assets - Inventory )/ Current Liability = ( $39,000 - $10,000 ) / $15,000 = $29,000 / $15,000 = 1.9