Initial cost = $197,000
Total net accounting income over three years = $18,200+$21,800+$22,900 = $62,900
Average annual accounting net income = $62,900/3 = $20,966.67
Accounting rate of return = Average net annual income / Initial cost = 20,966.67/197,000 = 0.106 = 10.6%
Since Accounting net income is lower than the required discount rate, the project is not viable.
Answer:
A. Heidi submitted her request after Fay
Explanation:
Bonnie before Chac
Doug after Chad and Bonnie
Eileen before Chad and Doug
Fay before Eileen
Greg after Bonnie
Heidi after Greg
if Eileen's request was completed before Greg's:
lets call Fay's request A, Heidi's request B, Eileen's request C and Doug's request D
A before C
C before D
B after D
therefore, B after A and C
Answer:
receivable turnover ration = 6
Explanation:
credit sales = 120000
Credit sales =As we know that: Receivables turnover ration = Net credit sales /Average account receivable.
= 120000/ 20000
= 6.
it indicates that company convert its receivable to cash 6 times that year.
Answer:
1. Calculate the monthly payment for a 30-year mortgage loan.
we can do this by using the present value of an annuity formula
the loan's interest rate is missing, so I looked for a similar question and found that it is 6%
present value = monthly payment x annuity factor
monthly payment = present value / annuity factor
- present value = $200,000 (loan's principal)
- PV annuity factor, 0.5%, 360 periods = 166.79161
monthly payment = $200,000 / 166.79161 = $1,199.101082 ≈ <u>$1,199.10</u>
2. Calculate the amount of interest that you’d pay for a 30-year mortgage loan.
total interests paid during the 30 years = (monthly payment x 360) - principal = ($1,199.10 x 360) - $200,000 = <u>$231,676</u>
Answer:
The correct answer is D) strictness
.
Explanation:
A rigorous boss demands more than what employees can give, he is a perfectionist, he criticizes in a destructive way. This behavior is very clearly explained by Douglas McGregor in his theory X, where he mentions that this type of managers consider people simply as a means of production and that they are only moved by the salary they earn, that they do not enjoy their work and that they are for lazy nature.