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ziro4ka [17]
3 years ago
14

what is the present value of $7500 per year, at a discounted rate of 7.1%, of the first payment is received 6 years from now and

the last payment is received 25 years from now
Business
1 answer:
ss7ja [257]3 years ago
5 0

Answer:

PV= $50,981.17

Explanation:

<u>First, we need to calculate the future value at the end of the period:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {7,500*[(1.071^19) - 1]} / 0.071

FV= $283,234.78

<u>Now, the present value:</u>

PV= FV/(1+i)^n

in this case n=25 years

PV= 283,234.78 / (1.071^25)

PV= $50,981.17

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If fixed costs are $821,000 and variable costs are 63% of sales, what is the break-even point in sales dollars
Nezavi [6.7K]

Answer:

Break-even point (dollars)= $2,218,919

Explanation:

Giving the following information:

Fixed costs= $821,000

Variable costs rate= 63%

<u>If the variable cost rate is 63%, then the contribution margin rate is:</u>

Contribution margin ratio= 1 - 0.63

Contribution margin ratio= 0.37

<u>Now, the break-even point in sales revenue:</u>

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)=  821,000 / 0.37

Break-even point (dollars)= $2,218,919

5 0
3 years ago
You invested a total of $8,400 in shares of the three stocks at the given prices, and expected to earn $248 in annual dividends.
Taya2010 [7]

Answer:

WSR's stock = 100

HCC's stock = 50

SNDK stock = 50

Explanation:

let W = WSR's stock

let H = HCC's stock

let S = SNDK stock

W + H +S = 200

16W + 56H + 80S = 8,400

(16 X 7%)W + (56 X 2%)H + (80 X 2%)S = 1.12W + 1.12H + 1.6S = 248

-1.12(W + H +S) = -1.12 x 200

-1.12W - 1.12H - 1.12S = -224

1.12W + 1.12H + 1.6S = 248

0.48S = 24

S = 24/0.48 = 50

W + H + S = W + H + 50 = 200

W + H = 150

16W + 56H + 80S = 16W + 56H + 4,000 =8,400

16W + 56H = 4,400

-16(W + H) = -16 X 150

-16W -16H = -2,400

16W + 56H = 4,400

40H = 2,000

H = 2,000 / 40 = 50

W + H +S = 200

W + 50 + 50 = 200

W + 100 = 200

W = 100

7 0
4 years ago
Which of the following would be relevant in the make or buy decision? Direct materials Depreciation on equipment with no resale
jolli1 [7]

Answer:

B) Yes No

Explanation:

Materials cost are incremental and relevant whereas Depreciation on equipment with no resale value are irrelevant.

4 0
3 years ago
The Chief Projects Officer responsibilities include ensuring that the steering team does all of the following EXCEPT: ​ a. ensur
sergiy2304 [10]

Answer:

The correct answer is letter "D": selects appropriate project sponsors and teams.

Explanation:

Chief Projects Officers (CPO) are managers in charge of implementing a new plan of action within companies. They are in charge of verifying what steps are going to be taken in the process of implementing a project and if the resources allocated are necessary and will be enough to avoid delays. They also monitor employee performance and evaluate past plans to find out why they were successful or why they failed.

<em>Selecting teams is a duty the Human Resources (HR) is in charge of, while the Marketing department chooses appropriate sponsors.</em>

5 0
3 years ago
Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of using his debit card. Based on this agre
Fofino [41]

The impact of Jordan making this mistake is an extra Credit charges that will be impose on the Cash withdrawn.

Simply put, a Credit Card are offered to people by banks for purpose of making purchases or cash advances and requires them to pay back the loan amount in the future.

However, a Debit Card is quite different because it is issued by banks to an account-holder or facilitate easy withdrawal from his/her account through the ATM or at any Point of Sales.

Now, Jordan can use his Credit Card as well but he will be required to pay back the amount he withdrew with an extra Credit charges.

Therefore, in conclusion, the impact of Jordan making this mistake is an extra Credit charges that will be impose on the Cash withdrawn.

Read more about these Card here

<em>brainly.com/question/3380340</em>

8 0
3 years ago
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