Answer:
<em>For Year 2 and Year 1 the revenue to assets ratio is: </em>
<em>a. Year 2, 9.52; Year 1, 6.90</em>
Explanation:
<em>Year 2 Sales were equivalent to:-</em>
= 5,000,000 / (450,000 + 650,000) / 2 ]
= 9.52
<em>Year 1 Sales were equals to:-</em>
= 3,500,000 / [(565,000 + 450,000) / 2 ]
= 6,90
Answer:
Price of a constant growth dividend stock is given by Price = D1 / (Re – G) Where, Price = Price of the stock = $64 D1 =…
Answer:
What interest rate will she need in order to have $8,500 in 6 years?
rate 0.6% monthly
Explanation:
we want to know at which rate a monthly annuity of 95 dollars generates a future value of 8,500 in 6 years:
C 95
time 72
PV $8,500.0000
We solve using excel seek goal function
on A1 we write any number value
then on any other cel we write:
we define =PV(A1,6,95)
then we click data --> seek goal
we want the PV cell to match 8,500 changing A1
rate 0.005925959
Answer:
The correct answer is letter "B": only top managers can perform the required due diligence.
Explanation:
In business terms, an acquisition is the purchase of a company or the division of a company. Some acquisitions are paid in cash while others are paid with a combination of cash and the acquiring company stock. Some are even financed with debt which is called a leveraged buyout.
Acquisitions are often done by another company in a similar line of business which is to used the purchased business to improve its own operations. <em>General managers with the help of external analysts are usually in charge of the acquisition process.</em>
Answer:
net cash used by investing activities = $280,000
Explanation:
Cash flow from Investing Activities :
Proceeds from Sale of Land $120,000
Purchase of Equipment ($315,000)
Proceeds from Sale of debt securities ($85,000)
Net Cash used by Investing activities ($280,000)
therefore,
Wainwright should report as net cash used by investing activities in its 2020 statement of cash flows of $280,000