Answer:
NPV = $23,146.99
Explanation:
The net present value is the present value of after tax cash flows from an investment less the amount invested.
The NPV can be calculated using a financial calculator:
Cash flow in year o = $- 130,000
Cash flow each year in year 1 and 2 = 0
Cash flow each year in year 3 to 12 = $34,000
I = 12%
NPV = $23,146.99
To find the NPV 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 NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
Answer:
The amount of dividends distributed to preferred stockholders in 2017 is $10000.
Explanation:
The preferred stock is non cumulative which means that if the company is unable to pay dividends on preferred stock in a certain year, the dividend for that year will not be accumulated and will not be paid in the next year.
Thus, the company only paid a dividend of $2700 in 2016 and the remaining dividends will not be payable by the company in year 2017.
The dividend on each share of preferred stock per year is = 10 * 0.05 = $0.5 per share
The number of shares of preferred stock are 20000.
The total dividends that will be paid to preferred stock holders in 2017 is = 0.5 * 20000 = $10000
Thus, out of the $27000 dividends of 2017, $10000 was distributed to preferred stockholders.
Answer:
false, they sent the calendar hoping he would make a donation, but he does not have to give any money
Explanation:
they sent the calendar hoping he would make a donation, but he does not have to give any money
Answer:
a) $101354
Explanation:
To calculate the future balance of the interest-earning account use following formula
FV = PV x ( 1 + r )^n
Where
FV = Future value = Balance of Interest-earning account after 3 years = ?
PV = present value = Amounr deposited in the account = $90,000
r = Periodic interest rate = 4% x 6/12 = 2%
n = Numbers of periods = Numbers of years x Compounding periods per year = 3 years x 2 periods per year = 6 periods
Placing values in the formula
FV = $90,000 x ( 1 + 2% )^6
FV = $101,354
Answer:
$11,026 Favorable
Explanation:
The computation of the spending variance for plane operating costs in November is shown below:
= Budgeted cost - Actual cost
= [(84 × $3,160) + (252 × $18) + $593,00] - $318,250
= $329,276 - $318,250
= $11,026 Favorable
