Answer:
b $13,500
Explanation:
Assets are items that are used by a business organization for positive economic value .
Given that;
Accounts receivable = $800
Equipment = $10,000
Accounts payable = $4,200
Prepaid rent = $2,000
Supplies = $400
Bank loan = $1,600
Tools = $300
Total assets = Accounts receivable + Equipment + Prepaid rent + Supplies + Tools
Total assets = $800 + $10,000 + $2,000 + $400 + $300
Total assets = $13,500
Therefore, Bravo's total assets is $13,500.
For the first investment the solution as follows
Annual depreciation
600,000÷6 years=100,000
Net annual cash flows
100,000+155,000=255,000
Present value
255,000×4.11141+16,600×0.50663
=1,056,819.608
Net present value
1,056,819.608−600,000=456,819.608
For the second investment the solution as follows
Annual depreciation
390,000÷8 years=48,750
Net annual cash flows
48,750+60,000=108,750
Present value
108,750×4.96764+24,500×0.40388
=550,125.91
Net present value
550,125.91−390,000=160,125.91
Answer:
20 ounces of 12% solution and 4 ounces of 6% solution.
Explanation:
Let x be the quantity ( in ounces ) of 12% solution that is mixed with y quantity ( in ounces ) of 6% solution to obtain 24 ounces of 11% solution,
∵ Quantity of resultant solution = 24 ounces
⇒ x + y = 24
⇒ x = 24 - y ------(1)
Also, 12% of x + 6% of y = 11% of 24
0.12x + 0.06y = 0.11 × 24
12x + 6y = 264
From equation (1),
12(24-y) + 6y = 264
288 - 12y + 6y = 264
288 - 6y = 264
-6y = 264 - 288
-6y = -24
⇒ y = 4
Again from equation (1),
x = 24 - 4 = 20
Hence, 20 ounces of 12% solution and 4 ounces of 6% solution should mix to get this solution.
There is an inflationary gap
I hope that helped
Cage company had income of $350 million and average invested assets of $2,000 million. its return on assets (roa) is
The formula of return on assets is net income divided by average assets.
Given that the net income is $350 million, average asset is $2000
The answer is 0.0005
