Answer:
c. $182,083
Explanation:
current numbers:
sales 415,000
assets 355,000
industry average assets turnover
sales / asets = 2.4
<u>How much do assets need to decrease to get an assets turnover of 2.4?</u>
sales will remain unchanged, so we can only adjust assets on the turnover formula:
415,000/assets = 2.4
assets = 415,000/2.4 = 172.916,67
current assets 355,000
target assets 172, 917
decrease in assets 182.083
Given how vast economics is, it may seem challenging to come up with good questions for an economics lesson. However, you can come up with intriguing queries about the past, present, or future of economics.
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Answer:
Hence, $ 145548.77 should be invested in B today for it to be worth as much as investment A 9 years from now.
Explanation:
Future value of investment A
=2180*(((1+(8%/12))^(9*12)-1)/(8%/12))
=343196.39
How much money would you need to invest in B today
=343196.39/(1+10%)^9
=145548.77
Answer:
$140,430
Explanation:
A company estimated 3% of the printers sold will be returned under the warranty of 2 Years at an average cost of $151.00 each.
The company sold 31000 printers in the Month of November. So, at the time of sale (in the month of November) the company estimated 3% of 31000 printers i.e 930 Printers will be returned under warranty of 2 Years at a cost of $151.00 each. So, the company incurred the warranty cost/expense in month of November is;
930 Printers X $151.00 = $ 140430.00
Answer:
Option D is correct
Explanation:
Due to the increase in awareness amongst target market would increase consumers demand of product which would increase revenue.