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3 years ago

6

Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou

nt will be best for Jorge?

1 answer:

katrin [286]3 years ago

6 0

He need to open an savings account

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James, Inc., has purchased a brand new machine to produce its High Flight line of shoes. The machine has an economic life of 5 y

My name is Ann [436]

Answer:

3,074 units sold or total revenue of $236,698 per year

Explanation:

cost of machine $540,000

depreciation expense per year = $540,000 / 5 = $108,000

contribution margin per unit sold = $77 - $29 = $48

we generally calculate the financial break even point of a business by using the following formula:

= EBIT × (1 - interest expense) × (1 - tax rate) - preferred dividends

But when we are dealing with projects, the financial break even point is the sales level at which the project's NPV = $0. If the sales level is lower, then the project will be rejected, and if the sales level is higher, then it should be accepted.

using an annuity formula, the free cash flow per year needed for the NPV = $0 is $540,000 / 3.8897 (PV annuity factor, 9%, 5 periods) = $138,828.19

$138,828.19 = {[(unit sales x $48) - $108,000] x 0.78} + $108,000

$30,828.19 = [(unit sales x $48) - $108,000] x 0.78

$39,523.32 = (unit sales x $48) - $108,000

$147,523.32 = unit sales x $48

unit sales = $147,523.32 / $48 = 3,073.40 units ≈ 3,074 units sold

3 0

3 years ago

For a test plz help

AfilCa [17]

Answer:

it is one no ans the government

4 0

3 years ago

Large expenses such as the purchase of a new mri machine or the building of a new office is known as:

Degger [83]

These kind of expenses are under the capital costs. Capital costs are fixed costs acquired when you build the establishment in order to make it commercially operable. For example, when you want to open up your own clinic, you would have to build your own office and spend money to buy medical equipment and their installation costs. Moreover, you would have to spend on legal works to register and acquire your business permit. These costs are one-time only and incurred at the early stages of your milestones.

8 0

3 years ago

You have just been offered your dream job after graduating from Jacksonville University. In response to your negotiations concer

Lorico [155]

Answer:

Goal: maximize return at the end of the fourth year.

Future value of each option:

First choise: $ 11,730,289.64

Second choise: $ 12,559,457.84‬

<em>Conclusion: </em>

<em>It is better to pick the second option as yields a better return </em>

Explanation:

We solve for the future value of the cashflow of each option:

First choise:

End of the first year:

$Principal \: (1+ r)^{time} = Amount$

Principal 2,000,000.00

time 36.00 (form end of the first to end of the fourth)

rate 0.00917 (11% / 12 months as it compounds monthly)

$2000000 \: (1+ 0.00916666666666667)^{36} = Amount$

<em>Amount $2,777,757.26</em>

End of the second year:

Principal 2,000,000.00

time 24.00

rate 0.00917

$2000000 \: (1+ 0.00916666666666667)^{24} = Amount$

<em>Amount $2,489,657.04</em>

<em>End of the third year:</em>

Principal 4,000,000.00

time 12.00

rate 0.00917

$4000000 \: (1+ 0.00916666666666667)^{12} = Amount$

<em>Amount $4,462,875.34</em>

End of the fourth year: $2,000,000

Total:

<em>$2,777,757.26</em>

<em>$2,489,657.04</em>

<em>$4,462,875.34 </em>

<u>$2,000,000 </u>

$ 11,730,289.64

<u>Second choise:</u>

First year

Principal 1,000,000.00

time 36.00

rate 0.00917

$1000000 \: (1+ 0.00916666666666667)^{36} = Amount$

Amount 1,388,878.63

Second year:

Principal 1,000,000.00

time 24.00

rate 0.00917

$1000000 \: (1+ 0.00916666666666667)^{24} = Amount$

Amount 1,244,828.52

Third Year

Principal 8,000,000.00

time 12.00

rate 0.00917

$8000000 \: (1+ 0.00916666666666667)^{12} = Amount$

Amount 8,925,750.69

Fourth year: 1,000,000

<em>Total</em>

1,388,878.63

1,244,828.52

8,925,750.69

<u>1,000,000.00 </u>

12,559,457.84‬

<u></u>

7 0

3 years ago

The primary operating goal of a publicly-owned firm trying to best serve its stockholders should be to.

Mariana [72]

The primary operating goal of a publicly-owned firm trying to best serve its stockholders should be to maximize the firm's expected EPS, which must also maximize the firm's price per share.

<h3>What is a a publicly-owned firm?</h3>

A publicly-owned firm is a firm that is owned by members of the public who buy shares in the firm and thus become shareholders. Managers are employed to run the firm.

As the value of shares of the publicly-owned firm increases, the wealth of shareholders also increase.

Here is the complete question:

The primary operating goal of a publicly-owned firm trying to best serve its stockholders should be to

a Maximize managers' own interests, which are by definition consistent with maximizing shareholders' wealth.

b. Maximize the firm's expected EPS, which must also maximize the firm's price per share.

c. Minimize the firm's risks because most stockholders dislike risk. In turn, this will maximize the firm's stock price.

d. Use a well-structured managerial compensation package to reduce conflicts that may exist between stockholders and managers.

e Since it is impossible to measure a stock's intrinsic value the text states that it is better for managers to attempt to maximize the current stock price than its intrinsic value.

To learn more about publicly-owned firms, please check: brainly.com/question/26194963

3 0

3 years ago