Answer:
7 *
Explanation:
First, round 67,785 to the nearest ten thousand;
The 6 is in the ten thousands place, since it is greater than 5, it will be rounded up to 7. The number therefore becomes;
=70,000
Next, estimate the 70,000 to a single digit times a power of ten.
Maintain the 7 digit, then find a number that 10 is raised to, to get 10,000;
10^1 =10
10^2 = 100
10^3 = 1000
<em>10^4 = 10,000</em>
Therefore, 7 times 10 ^4 will give you 70,000;
70,000
= 7 *
Do I have to say true or false because this is true
Answer:
Jerilyn will have a gain of $17,000 from sale of her interest
Explanation:
Jerilyn will recognize a gain on the sale of her interest and the gain amount would be $17,000 which is computed from the difference among her basis in APJ of $75,000 and sells her interest for $92,000 ($92,000 - $75,000).
She recognizes the gain as she receives the only cash for selling her interest and the amount is more than her basis in her partnership interest and also APJ has no hot assets, therefore, the gain will be recognized as capital.
Answer:
11.63%
Explanation:
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 in year 0 = $-278,000
Cash flow each year from year 1 to 9 = $52,000 - $5, 000 = $47,000
Cash flow in year 10 = $47,000 + $25,000 = $72,000
IRR = 11.63%
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
