Answer:
A $64,000 1
B $60,000 2
C -$24,000 3
Explanation:
As we know that
The cash flow statement records three types of activities i.e operating activities, investing activities, and the financing activities
Since we have to determine the rank based on cash from operating activities
The rank is shown below:
A $64,000 1
B $60,000 2
C -$24,000 3
C: They charge extremely high interest rates.
Answer:
I used to know this one, so I'm going off of memory and process of elimination.
I'd say it's your financial plan.
A financial plan assesses the ability of the customer to be able to pay back the loan, which is very important to the bank. It also assesses the assets of your business. It's basically showing the bank, how likely is it that we will get our money back from you?
Explanation:
An income statement is improbable because it applies to a company, and typically if you're getting a loan to start a business, you have no income yet.
The bank won't worry about your partnership agreement because that's not related to the fact that you are asking for money to fund your business, they just care that they'll get it back.
A guarantee of success doesn't make sense either because the bank is doesn't need to know if your business will succeed or not, they just want to make sure they get the money they asked for returned at the right date.
Both Joe and Rich should accept this project.
D) Both Joe and Rich
<u>Explanation:</u>
NPVJoe= $25,500 + $15,800 / 1.085 + $15,300 / 1.085^2
NPVJoe= $2,058.88
NPVRich= –$25,500 + $15,800 / 1.125 + $15,300 / 1.125^2
NPVRich= $633.33
Here Joe and Rich both invested a total amount of $25,500 and they are expected to get cash inflows of $15,800 and $15,300 in the year 1 and year 2 respectively they both has their own different rates of return i.e. 8.5% and 12.5% so we can calculate the net principle value of Joe is $2,058.88 and that of Rich is $633.33.
Answer:
Jennifer made more money than her mother.
Explanation:
Today, Jennifer earns $50000 at her first job.
Her mom used to make $15,000 at her first job in 1975.
The CPI today is 231 and the CPI in 1975 was 82.
Purchasing power of Jennifer's mother currently
= $42,256
Jennifer's purchasing power in 1975
= $17,748
Jennifer is currently making more than what her mother could have made if she started working today. Also, she would have earned more than her mother if she had started working in 1975.