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3 years ago

The last element of a formal business letter should be the salutation followed by your signature.

Business

1 answer:

Elenna [48]3 years ago

7 0

True, that looks formal and shows you’re formal.

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The Harrisburg Store has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities o

Maurinko [17]

Answer:

1.08 dollars of sales are generated from every $1 in total assets.

Explanation:

Calculate Current asset from net working capital formula:

Net Working capital = Current Assets - Current Liabilities

$2,715 = Current Assets - $3,908

Current Assets = $2,715 + $3,908

Current Assets = $6,623

Now calculate Total Assets:

Total Assets = Fixed Asset + Current Assets

Total Assets = $22,407 + $6,623

Total Assets = $29,030

We can calculate dollars' worth of sales are generated from every $1 in total assets by following formula:

Asset turnover ratio = Net Sales / Total Assets

Asset turnover ratio = $31,350 / $29,030 = 1.08

6 0

3 years ago

What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and

valentinak56 [21]

Answer:

Present Value = $9,417.69 (Approx)

Explanation:

Given:

Annual payment = $1,400

Total payments = 25

Rate = 8% = 0.08

Computation:

First payment [7 years from now ]

So,

Present Value = $1,400(1/1.08⁶)[1 - (1/1.08)²⁵] / 0.08

Present Value = $1,400[6.72692]

Present Value = $9,417.69 (Approx)

5 0

2 years ago

Amazon Corporation has preferred stock outstanding that pays a $12.80 annual dividend. It price is $158. What is the required ra

nordsb [41]

Answer:

8.10%

Explanation:

The required rate of return (yield) on the preferred stock = Dividend / Price

= $12.80 / $158 = 0.0810126582278481 = 8.10%

5 0

2 years ago

Wonk is a unique furniture company that design, builds, and retails in Brooklyn, NY. You can customize your design with creative

Andrew [12]

Answer:

Make-to-order manufacturing.

Explanation:

Different Production Types:

-Make to Stock

-Make to Order (MTO)

MTO is a production approach where products are not built until a confirmed order for products is received. Customers highly customized requests can be satisfied and reconnect the value chain to the customer.

Process characteristics:

-Each order is specific, cannot be stored in advance

-Process manger needs to maintain sufficient capacity

-Variability in both arrival and processing time

-Role of capacity rather than inventory

7 0

3 years ago

Here are data on two companies. The T-bill rate is 5.8% and the market risk premium is 7.4%.

cupoosta [38]

Answer:

18.38% and 13.2%

Explanation:

As we know that

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

So for Discount store, it is

= 5.8% + 1.7 × 7.4%

= 5.8% + 12.58%

= 18.38%

And for everything store, it is

= 5.8% + 1.0 × 7.4%

= 5.8% + 7.4%

= 13.2%

The Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is applied.

5 0

3 years ago