Investment interest expense includes interest expense from loans to purchase municipal bonds.
<h3>What is
Investment?</h3>
The dedication of an asset to achieve an increase in value over time is referred to as investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort. The goal of investing in finance is to generate a return on the invested asset.
Income investing is an investment strategy that focuses on constructing an investment portfolio that is specifically designed to generate regular income. The income investing strategy's sole goal is to generate a consistent stream of income.
The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers factors such as age, financial history, circumstances, and investment goals.
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Answer:
a) loss of 3,388.87
b) it will break even at 11.99%
Explanation:
we will discount the 151,000 at 13% to know the current sales revenue at the sale
Maturity 151,000
time 4 years
rate 0.13
PV 92,611.13
the present value is 92,611.13 while the cost is 96,000
there is a loss of 3.388,87
To know at which rate the firm break even:
PV = 96,000
![\sqrt[-4]{96,000/151,000} - 1 = r](https://tex.z-dn.net/?f=%5Csqrt%5B-4%5D%7B96%2C000%2F151%2C000%7D%20-%201%20%3D%20r)
r = 0.11989
Honesty
Loyalty
Cooperation
<span>responssibility
</span><span> ability to get along with others</span>
Answer:
Net Purchase = $365,000
Cost Of Goods purchased = $382,100
Explanation:
given data
Purchases = $383,500
Purchase Returns and Allowances = $12,100
Purchase Discounts = $6,400
Freight-in = $17,100
to find out
net purchases and cost of goods purchased
solution
we know that Net Purchase is express as
Net Purchase = Purchases - Purchase Discount - Purchase Return and Allowances .........................1
put here value in equation 1 we get
Net Purchase = $383,500 - $6,400 - $12,100
Net Purchase = $365,000
and
Cost Of Goods purchased = Net Purchase + Freight ....................2
so put here value
Cost Of Goods purchased = $365,000 + $17,100
Cost Of Goods purchased = $382,100
