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pentagon [3]
3 years ago
8

Fancy Cat Products has a project that will cost $241,000 today and will generate monthly cash flows of $5,730 for the next 55 mo

nths.
What is the rate of return of this project when expressed as an APR?


a. 12.47%


b. 10.41%


c. 12.10%


d. 13.83%


e. 11.17%
Business
1 answer:
olchik [2.2K]3 years ago
5 0

Answer:

Option C is correct one.

<u>The rate of return of this project when expressed as an APR is 12.10%</u>

Explanation:

Here initial cost of project pv = -$241,000

monthly payment pmt = $5,730

time nper = 55 months

Monthly rate of return RATE = RATE(nper,pmt,pv)

= RATE(55,5730,-241000)

= 1.01%

 

APR = 12* monthly rate of return = 12*1.01% = 12.10%

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What is trade and the examples​
bonufazy [111]

Answer

Trade is defined as the general marketplace of buying and selling goods, the way you make a living or the act of exchanging or buying and selling something. An example of trade is the tea trade where tea is imported from China and purchased in the US. An example of trade is when you work in sales.

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7 0
3 years ago
if Dawn's disposable income increases from $30,000 to $35,000 what is his marginal propensity to consume if he spends $4,000 of
irina [24]

Answer:

Marginal Propensity to Consume = 0.8

Explanation:

Marginal propensity to consume (MPC) exhibits consumer's spending behavior as to what percentage of extra dollar is spent from extra dollar of income.

MPC is calculated as Increase in consumption divided by increase in income.

MPC: Increase in consumption / increase in income: 4,000 / 5,000

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8 0
3 years ago
For which capital component must you make a tax adjustment when calculating a firmâs weighted average cost of capital (WACC)?
SOVA2 [1]

Answer:

a. Debt

Explanation:

For determining the weighted average cost of capital we used the after tax cost of debt as the interest expense is the tax deductible that represents that if there is any issue of debt so it would be decreased as of tax impact

Therefore as per the given situation, the debt is selected

hence, the option a is correct

And, all the other options are wrong

4 0
3 years ago
________ are the standards stating the amount salespersons should sell and how sales should be divided among the company's produ
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Answer:

<u>Sales Quotas</u>

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Sales quotas specify the quantum of sales standards in terms of monetary value of sales that must be effected by salespersons and the segregation of sales among different products of a company.

Such quotas help in creating an incentive system i.e performance above standards which would be rewarded, and thus serve as a motivation for sales force.

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8 0
3 years ago
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<h3>What does the term export mean?</h3>

Export refers to the production of goods and services in one country but sold to a buyer abroad or in another country. It is the oldest forms of economic transfer of goods and services between different countries.

Export is the economic activity of exporting or selling the goods to the another country or across the border of a country.

Basically, exports lead to increased investment, technological advancement and market expansion which contribute to the economic growth.

Learn more about exports here:-

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6 0
2 years ago
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