Answer:
$59,309
Explanation:
Years Cash flow PV Factor at 10% Present value of cash flows
0 225,000 1.00000 225,000
1 75,000 0.90909 68,182
2 75,000 0.82645 61,983
3 75,000 0.75131 56,349
4 75,000 0.68301 51,226
5 75,000 0.62092 <u>46,569</u>
Benefit of remodeling project <u>$59,309</u>
Note: Year 0 PV factor = 1/(1+10%)^0 = 1
Answer:
Cash receipt for the month of November is $600000
Explanation:
The receipt of the cash will be such that the sales made in a particular month will be calculated half in the month of sale and half in the next month. Thus, the cash receipt from the accounts receivables for the month of November will be,
Cash received from the October sales = 620000 * 0.5 = $310000
Cash received from the November sales = 580000 * 0.5 = $290000
Total cash receipt in the month of November will be,
Cash receipt - November = 310000 + 290000
Cash receipt - November = $600000
You can go over with a lawyer and see what you can do to help you
For a cosmetics company, external factors which will be particularly important to study is the social factor.
<h3>What is an external factor of business?</h3>
External factor of business refers to factors that affect the operations of the business from outside sources. These factors are uncontrollable in nature which can create both positive and negative impacts on success.
A cosmetics company should study the social factors which include the buying habits of customers regarding products, advancement of technology, and the response of the customers towards change.
Income level and education are also considered social factors which can impact the success of any cosmetics company.
Learn more about social factors, here:
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