1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kruka [31]
2 years ago
13

Abercombie Inc. will invest in a project. The project will give the company $10,000 on January 1, 2014, $23,000 on May 8, 2014,

$33,000 on October 21, 2014, $42,000 on May 8, 2015 and $55,000 on October 21, 2015. If the interest rate is 5%, what the present value of the project
Business
1 answer:
Gala2k [10]2 years ago
5 0

Answer:

$136,539.57

Explanation:

The present value of the project can be determined by using the cfj function of a Financial calculator as follows :

$0 CF0

$10,000 CF 1

$23,000 CF2

$33,000 CF3

$42,000 CF4

$55,000 CF5

I/YR = 5 %

Then SHIFT NPV gives $136,539.57

therefore,

the present value of the project is $136,539.57

You might be interested in
The fed is often considered the bankers' bank because it:
miss Akunina [59]
Hello there,
[]_________________________________________________________[]

First of all this is a easy one! The "Federal Reserve" is considered the bankers' bank because it <span>holds bankers reserves, provides banks with currency and loans, and clears their checks. Therefore cannot be touched by civilians / citizens.
[]_________________________________________________________[]

Hope I was able to help!
[Mark Brainliest] - Certified Correct?</span>
3 0
3 years ago
Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departm
JulsSmile [24]

Answer:

Equivalent units for materials in beginning work process is 6,940 units   Equivalent units for conversion in ending work process is 6,800 units  

Explanation:

Beginning work process:

Equivalent units for materials = 6,100 + (1,400 × 60%) = 6,940 units    Cost per equivalent unit for materials = ($7,800 + $102,700) ÷ 6,940 = 15.92  

Ending work process:

Equivalent units for conversion = 6,100 + (1400 × 50%) = 6,800 units    

Cost per equivalent unit for materials = ($9,100 + $184,000) ÷ 6800 = 28.40    

Cost of ending work in process = (1,400 × 60%) × 15.92219 +(1400 × 50%) × 28.39706

= 33,253 (Rounded off)

5 0
3 years ago
An upper-middle-class manager tends to have hostile relationships with the working-class employees in the firm because of his te
aniked [119]

Answer: Class consciousness

Explanation: Class consciousness refers to the situation when an individual feels himself to be superior than others. Such mind set of superiority could come to an individual due to his high financial status or some prestigious position in society.

In the given case, the manager is upper middle class which is a bigger position than working class employees.

Thus from the above we can conclude that the manager exhibits class consciousness behavior.

8 0
2 years ago
You take out a loan for $4000 at an annual interest rate of 5% (compounded annually). You must pay back the loan in 3 annual ins
GalinKa [24]

Answer: = $2,731.14

Explanation:

First find the annual payment.

The payment will be constant so is an annuity.

Present Value of an Annuity = Payment * Present Value Interest Factor of an annuity

4,000 = Payment * PVIFA( 3 periods, 5%)

4,000 = Payment * 2.7232

Payment = 4,000 / 2.7232

Payment = $1,468.86

This annual Payment is divided into an interest component and a component going towards principal repayment.

Interest component =  5% * 4,000

= $200

Amount going to principal = 1,468.86 - 200

= $1,268.86

Amount of Principal Outstanding = 4,000 - 1,268.86

= $2,731.14

3 0
2 years ago
Name any two professional training needed in profession.<br>​
Advocard [28]

1. learner management system and environment.

2. implications for pedagogy and application to resource poor environment.

3 0
3 years ago
Other questions:
  • The __________ is the serous membrane that covers most digestive organs.
    6·2 answers
  • What is the name of the monopolist having a declining long-run average cost throughout the market?
    11·1 answer
  • What type of cost is the cost of goods or services sold? A. Salaried B. Markup C. Variable D. Fixed
    6·2 answers
  • You are purchasing an equipment for $ 200,000 for your new store. Assume the store has no other expenses or revenues other than
    8·1 answer
  • Rachel is a manager at Eco Toys. Colin is her least preferred coworker because he meddles with the store accounts frequently. De
    13·1 answer
  • Consumers have certain rights that do not carry corresponding responsibilities. true or false.
    9·1 answer
  • The san francisco giants sell tickets based on​ ____________, where the prices often change based on demand and other variables.
    5·1 answer
  • A teacher instituted a new reading program at school. after 10 weeks in the​ program, it was found that the mean reading speed o
    9·2 answers
  • Which choice is the best reason savings accounts are usually NOT the best
    12·2 answers
  • Create a presentation that describes your plan and findings for a personal finance budget
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!