Answer:
$2,639.91
Explanation:
In this case, you expect to make 240 monthly withdrawals. Calculating this is similar to calculating the payments for paying a credit.
- principal = $400,000
- interest rate = 0.05/12 = 0.004167
- n = 240
payment = principal x rate x [(1 + r)ⁿ] / [(1 + r)ⁿ - 1]
payment = $400,000 x 0.004167 x [(1 + 0.004167)²⁴⁰] / [(1 + 0.004167)²⁴⁰ - 1] = $400,000 x 0.004167 x (2.712864 / 1.712864) = $2,639.91
Answer:
1. C. 12 cases remaining
2. B. 3 days
3. A. 4 Cases
4. A. $2.00
5. B. 11 cases
Explanation:
4 cases of beer are sold everyday. The ordering cost is $8.00 per order,
Reorder point = Lead time * Units demanded per day
Reorder point = 3 days * 4 cases of beer = 12 cases remaining
Economic Order Quantity = 
EOQ = 11 cases
Answer:
vp= $1,989.49
Explanation:
To calculate the present value we use the following formula;
Answer:
The answer is B. $66,000
Explanation:
What are the items under investing activities of cash flow? - Sale and purchase of long-term assets or non-current assets. Purchase is an outflow while sale is an inflow.
The book value of the sold equipment was $55,000 and gain was $11,000. Therefore the equipment was sold for:
$55,000 + $11,000
=$66,000.
So there was an inflow of $66,000.
The $11,000 gain will be shown under operating section of the cash flow.
Check the price of the bag and see if it is equal to the money you have collected
