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3 years ago

Interest will usually begin to accrue immediately when you use a bank credit card to:

1 answer:

6 0

Interest will usually being to accrue immediately when you use bank credit card to get out cash, as a cash advance.

A cash advance will give you cash by way of an ATM and start charging you interest on that amount. Cash advances normally have high interest rates and there are set limits of money you can withdraw using this service.

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Herb Huskie currently has an ROI of 16%, average operating assets of $1,500,000 and NOI of $240,000. The minimum required rate o

yanalaym [24]

Answer:

c. No, the new project would have a ROI of 12%

Explanation:

Given that

NOI from new project = $30,000

Investment for a new project = $250,000

Using residual income the Huskie make this investment is shown below:-

Lower than current = NOI from new project ÷ Average operating Assets or Investments

= $30,000 ÷ $250,000

= 12%

No, the new project would have a ROI of 12%

4 0

4 years ago

Synovec Corp., which just paid $1.0 dividends per share, is experiencing rapid growth. Dividends are expected to grow at 30 perc

Valentin [98]

Answer:

$54.44

Explanation:

This is the stock of the company that is expected to have multiple growth stages.

In the first phase, company is expted to grow 30% per year, so dividend paid from Year 1 to Year 3 are D_1 = 1.0 x (1 + 30%); D_2 = 1.0 x (1 + 30%)^2 and D_3 = 1.0 x (1 + 30%)^3 respectively.

Dividend in Year 4 is D_4 = D_3 x (1 + 18%).

Dividend in Year 5 is D_5 = D_4 x (1 + 8%).

Terminal value in at Year 4 is T_4 = D_5/(Discount rate - Long-tern growth)

Value of this stock is discounted relevant cashflow from Year 1 to Year 4 (include terminal value).

Putting all the number together, we have intrinsic value of the stock = $54.44

7 0

4 years ago

Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,300 units, April 13,300

madreJ [45]

Answer:

13,000 units

Explanation:

Given that,

Total production in April = 13,300 units

Total sales in May = 16,000 units

Ending finished goods inventory = 10% of the following month’s sales

Therefore, the number of units sold in April is determined by deducting ending finished goods inventory of April from the total production of units in April and beginning finished goods inventory.

Let the sales in April be x,

The beginning finished goods inventory of April is same as the ending inventory of March.

Ending finished goods inventory in March:

= 10% of sales in April

= 0.1 x

Ending finished goods inventory in April:

= 10% of sales in May

= 0.1 × 16,000 units

= 1,600 units

Therefore, the number of units in April is calculated as follows:

Ending inventory = Total production in April + Beginning inventory of April - Sales

1,600 units = 13,300 units + 0.1x - x

0.9x = 13,300 - 1,600

0.9x = 11,700

x = 13,000 units

Hence, the number of units sold in April is 13,000.

3 0

3 years ago

Common stock with a total par value of $50,000 (par value of $0.50 per share) have been issued, and 5,000 shares of treasury sto

Wittaler [7]

Answer: 95000 shares

Explanation:

The total shares that are outstanding will be calculated as the difference between the total shares issued and the treasury Share purchased.

The number of shares issued will be calculated as:

= 50000/0.50

= 100000 Shares

Therefore, the total shares that are outstanding will be:

= 100000 shares - 5000 shares

= 95000 shares

4 0

3 years ago

You have been hired by a company to come up with an advertising campaign to sell more shoes. Based on the mere exposure effect,

Aloiza [94]

Answer:Business plan

Explanation:

A business plan is a written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement.

7 0

3 years ago

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