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4 years ago

Apex quiz question

Business

2 answers:

Art [367]4 years ago

6 0

The answer is D) Because if you aren't system, you will never be hired for a job. The reason is because

horrorfan [7]4 years ago

6 0

D. Because if you aren't systematic, you will never be hired for a job.

You might be interested in

You can buy property today for $3 million and sell it in 5 years for $4 million. (you earn no rental income on the property.)

Luden [163]

a. Rate of interest : 8%

Today’s Price = $3,000,000

Price after 5 years = $4,000,000

Present Value of price after 5 years = $4,000,000 / (1+0.08)^5

= $2,722,333.88

b. The property is not worth investing, since investing in the land is $3,000,000 while it can be sold today as $2,722,333, thus not a profitable investment as it will incur a loss of $277,667 ($3,000,000 - $4,000,000).

c. Present value of rent of 5 Years = $200,000*PVIFA(8%,5)

= $200,000*3.99999

= $798,542.01

d. NET PRESENT VALUE OF INVESTMENT = PRESENT VALUE OF FUTURE CASH FLOWS – INITIAL INVESEMTENT

NET PRESENT VALUE = $2,722,333.88 + $798,542.01 - $3,000,000

NET PRESENT VALUE = $520,874.80

Since the Net Present value is positive, it is worth investing in the land.

4 0

4 years ago

Dickerson Co. is evaluating a project requiring a capital expenditure of $810,000. The project has an estimated life of 4 years

Genrish500 [490]

Answer:

The average rate of return on investment is 19.8%

Explanation:

According to the given data we have the following:

Initial Investment = $810,000

Salvage Value = $0

Henc, Average Investment = (Initial Investment + Salvage Value) / 2

Average Investment = ($810,000 + $0) / 2

Average Investment = $405,000

Average Net Income = ($75,000 + $100,000 + $109,000 + $36,000) / 4

Average Net Income = $320,000 / 4

Average Net Income = $80,000

Therefore, Average Rate of Return on Investment = Average Net Income / Average Investment

Average Rate of Return on Investment = $80,000 / $405,000

Average Rate of Return on Investment = 19.8%

The average rate of return on investment is 19.8%

6 0

3 years ago

northern city bank keeps no excess reserves. assume northern city bank receives a deposit of $50 million dollars. as a result of

SashulF [63]

The maximum possible change in the money supply is $250 million.

The change in required reserves when an amount of money is deposited in a bank is determined by the reserve requirement.

Reserve requirement = increase in required reserves / amount deposited

$10 million / $50 million = 0.20 = 20%

The change in money supply can be determined using this formula:

Amount deposited / reserve requirement

$50 million / 20%

$50 million / 0.2 = $250 million

For more information, please check: brainly.com/question/25757631

5 0

3 years ago

A roofing company collects fees when jobs are complete. The work for one customer, whose job was bid at $4,600, has been complet

jonny [76]

Answer: As of December 31, the company must make an adjustment that recognizes a credit receivable for the work performed and as a counterpart will have a positive result account since it is an income for the provision of a service. The registration should be:

---------------------------------------------------------------------------------

Debit Accounts Receivable $4600

Credit Roofing Fees Revenue $4600

----------------------------------------------------------------------------------

3 0

3 years ago

What is the term that describes when the amount of goods produced is about the same as the number of consumers who are willing t

Korolek [52]

Answer:

Consumer Goods

Explanation:

Consumer goods are products bought buy consumption by the average consumer.

3 0

3 years ago