1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ElenaW [278]
4 years ago
6

Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $302,820, would have a useful life of 7 ye

ars, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $84,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to (Ignore income taxes.):
Business
1 answer:
Kruka [31]4 years ago
4 0

Answer:

20%

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

Cash flow for year zero =-302,820

Cash flow each year from year one to seven = 84,000

IRR = 20%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

You might be interested in
"Probably the most fertile areas for career opportunities today can be found in the investments and financial markets fields. "
kkurt [141]

Answer:

Yes, I think these two fields are the most attractive fields for career opportunities

Explanation:

Following are the reasons why investment and financial institutions are most fertile areas for future and current career opportunities:

  • Growing Economies: The economies are growing and the wealth is been created as different countries are busy in creating comparative advantages and this has uplifted the living standards of their people.The uplift in living standards of people have created increased investment in financial institution. This is the reason why investment and financial institutions are very attractive to all of the investors.
  • Growing Population and technological advancements has also increased the demand for investments in different sectors which has increased the demand for investment and financial institutions to resolve the funding gap between the investor and the company.
  • The complexity related to the management of treasury departments of companies has increased in the past 2 decades which has resulted in over reliance of treasury departments on the investment and financial institutions.
  • The investment and financial institutions has introduced new products like futures, options, mutual funds, fixed rate account, etc which has increased the investment.
  • The government policies for ease of business also includes the easing the financial institution to provide finance to fund seekers to uplift the economy shows how important is the role of the financial institutions.
  • As the companies are entering international markets, the use of financial products has been increased and near future we will have millions of multinational organizations using investment and financial institution's products.
7 0
3 years ago
Which of these statements is true? Group of answer choices
Thepotemich [5.8K]

Answer:

In general, the higher the total asset turnover and the lower the capital intensity ratio, the more efficient the overall asset management of the firm will be.

Explanation:

Asset Turnover = Net Sales / Total Asset

Capital Intensity = Total Asset / Net Sales

According to the above formulas most efficient situation will be to increase the asset turnover and decrease the capital intesity ratio because they are reciprocal to each other, so thses will behave inversly with each other. Higher turnover means the higher sales using total asset and lower capital intensity ratio means asset are lower timesto the net sales which is an efficient use of asset.

3 0
3 years ago
I'm always cramming to hand in an assignment or take an exam what can I do better?
denis23 [38]
Make a study schedule! organize all your notes and materials .flashcards work or find a study buddy who needs someone to push them to focus on the task as well.
NOTE- I have not used every thing on this list but I added them so you can see what works for you :) happy studying
 
 for homework help include khan academy, lit charts, brain(duh), Wikipedia- note I wouldn't use wiki as help writing an essay or something it's not considered a reliable source for things like that. wolfram alpha.

 to help with bookmarks and citations 
Instapaper, pocket, easybib also if you need a grammar checker for things you have to type you can download Grammarly to your desktop I'm using it now and it's so helpful.
 
 to help with note taking
notability, Evernotes, my script nobo, penultimate, supernotes, pages, office lens.

 to help with organization istudiez
,todoist,any.do,wunderlist,treilo, my homework

 to help with productivity

audimemo, lastpass, dragon diction,freedom,pomodroido

for flashcards, i really recommend quizlet or study blue.

for math calculators use math  way it's so helpful and one of the best calculators I've ever used.
note- if you have a school iPad or something this list can help a lot.

phew finally let me post :D
hope I helped - beanz

7 0
3 years ago
Calculating and Interpreting EPS Information Wells Fargo reports the following information in its 2015 Form 10-K. In millions 20
Delvig [45]
The answer is 20 because 30 is 20 but in a different hdhwgegdhdhbshehdhdb way
6 0
4 years ago
A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori
Mandarinka [93]

Answer:

17%

Explanation:

If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%

The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.

Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Pickard company pays its sales staff a base salary of $5,200 a month plus a $2.80 commission for each product sold. if a salespe
    9·1 answer
  • Matt purchases 4 boxes of spinach and 3 pounds of tomatoes per month when the price of spinach is $1.50 per box. He purchases 5
    14·2 answers
  • A bank is earning 6 percent on its $150 million in earning assets and is paying 4.75 percent on its liabilities. The bank's inte
    10·1 answer
  • A company has net working capital of $2,204, current assets of $6,475, equity of $22,215, and long-term debt of $10,535. What is
    13·1 answer
  • Pacific West Utility has made a takeover offer to the shareholders (51% of the shares) of San Diego Edison. The board and manage
    7·1 answer
  • Which of the following is NOT something that can be gleaned from a company's SWOT? How to improve a company's strategy by using
    7·1 answer
  • 1.
    6·2 answers
  • WARM UP: If a person dies in cold weather, does that increase or decrease rigor mortis? What about Warm weather?​
    9·1 answer
  • You are involved in a car accident and a stranger contacts you offering a quick cash settlement and doesn’t want to deal with th
    12·1 answer
  • According to_____if the money supply grows at 6%, real GDP grows at 2%, and the velocity of money is constant, then the inflatio
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!