What is the present value of 4360 to be received at the beginning of each of 30 periods discounted at 5% compound interest
1 answer:
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Answer:
$4230 is the correct answer to the given question .
Explanation:
As Mention in the question the sales revenue to the dishwashers = $94,000
Also the company estimated warranty expense cost is =4.5% of revenues,
Now the estimated warranty payable can be determined by the following formula
== $4230
Answer:
Weeks of supply = 4.16 weeks
Explanation:
given data
net income = $20 million
revenue = $60 million
cost of goods sold = $25 million
inventory = $2 million
property, plant, and equipment = $500,000
to find out
how many weeks of supply does the firm hold
solution
we know here that Weeks of supply will be express as
Weeks of supply = × 52 weeks ....................................1
so put here value we get weeks of supply
Weeks of supply = × 52 weeks
Weeks of supply = 4.16 weeks