Answer:
$44,592
Explanation:
The book value of a building = Cost Price - Accumulated Depreciation
= $(251,060 - 109,510)
= $141,550
The present value of the non-interest-bearing note due on January 1, 2023 (or Discounted Cash Flow) =
FV/(1+i)^t
= $241,060/(1+0.09)^3
= $241,060/1.29503
= $186,142
Gain on Sale of the building = $(186,142 - 141,550) = $44,592
Answer:
Amount of Grey tea = 100 pounds
Amount of Orange Pekoe tea = 300 pounds
Explanation:
let G = amount of Grey tea
let 400 - G = amount of Orange Pekoe tea
6G + 4 (400 - G) = 4.5 x 400
6G + 1,600 - 4G = 1,800
2G = 1,800 - 1,600 = 200
G = 200 / 2 = 100
400 - G = 400 - 100 = 300
Answer:
<em>B. she is confusing between price elasticity of demand and income elasticity of demand.</em>
Explanation:
Envy miscalcualte the price elasticy whhich from 1,000 to 1,100 was 12% not the 7% forecasted
The increase in income is a different factor. An increase in income will make the people in the country to consume and/or save more
but they will decide on each product market considering the price/elasticity
In this case, it was -0.12
Answer:
Some examples of pricing objectives include maximising profits, increasing sales volume, matching competitors' prices, deterring competitors – or just pure survival. Each pricing objective requires a different price-setting strategy in order to successfully achieve your business goals
Answer:
IRR= 23.375%
Explanation:
Given: Cash flow= $1,200,000
Initial investment= $2400000
Lets first compute IRR for Project, assuming rate of return at 23.375% or 0.233.
Formula: 
NPV has to be equal to zero to know if IRR is correct to find if project worth enough to invest.
⇒
⇒
⇒ 
∴ NPV= 0
Hence, 23.375% is the IRR for the project.
