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tensa zangetsu [6.8K]
2 years ago
15

An investment that costs $105,000 today is expected to produce the following cash inflows over each of the next five years: $20,

000; $25,000; $23,000; $22,000; $21,000. What is the IRR (compounded annually) for this investment
Business
1 answer:
bearhunter [10]2 years ago
6 0

Answer: 1.89%

Explanation:

You can use Excel to find the IRR here:

Investment amount should be first as shown and should be in negative.

The cash flows will then follow each other by year.

Use the =IRR formula to select all the cells and the IRR will show.'

IRR here = 1.89%

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Abdul, a manager at chrysum corp., was assigned the task of overseeing the operations in a foreign office for a week. before lea
PSYCHO15rus [73]

In the scenario above, the technology that Abdul used is an example of voice mail communication. This method is employed by having voice messages to be stored in an electronic manner in which is intended to be retrieved by those recipients who are going to contact the person using this method.

<span> </span>

3 0
3 years ago
As a result of the growing trade with the Europeans, the Woodland Indians gradually abandoned their culturally based system of t
puteri [66]

Answer: True

Explanation:

The Woodland Indians which included the Iroquois practiced a form of war known as MOURNING WARS where they invaded or went to battle, not to claim land like the Europeans but rather to avenge the death of a loved one.

Captured combatants were regularly assimilated to replace the dead loved ones and no lands were claimed.

This changed after they met the Europeans and they gradually began to seize land and establish trade centres.

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3 years ago
By using resources in an efficient and effective manner to reach organizational goals, managers may reach their ultimate respons
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Answer:

Performance

Explanation:

The ultimate responsibility of the manager is to accomplish the high performance that represent the attainment of the organization goals via using the resources in a best way i.e. efficient and effective manner

So the responsibility of the manager is to accomplish the high performance so that the company could attain its goals and objectives

3 0
2 years ago
Which of the following statements is correct? Select one: a. Financial institutions in other countries generally are less regula
dexar [7]

Answer:

A

Explanation:

Domestic firms go global in order to enter unsaturated markets

Not all countries report their financial statements in US dollars

Firms can avoid labour laws that apply to foreign manufacturers by establishing manufacturing units in the country where the hurdles don't apply

Due to cultural differences, different marketing strategies have to be applied

4 0
3 years ago
Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 $ 260,000 Accounts Rec
Amiraneli [1.4K]

Answer:

1. Suzuki estimates 12% of receivables: Net income (before taxes) in 2021 decreases by $5,500  and total assets in 2021 decreases by $5,500

2. Suzuki estimates 3% of credit sales: Net income (before taxes) in 2021 decreases by $7,800 and total assets in 2021 decreases by $7,800

Explanation:

1. Suzuki estimates 12% of receivables

Bad debts are estimated: 12% x $55,000 = $6,600

Before adjusting, Allowance for Uncollectible Accounts balance of $1,100 (credit).

Bad debts expense = $6,600  - $1,100 = $5,500

The entry will be made:

Debit Bad debts expense $5,500

Credit Allowance for Uncollectible Accounts $5,500

Net income (before taxes) in 2021 decreases by $5,500  and total assets in 2021 decreases by $5,500

2. Suzuki estimates 3% of credit sales

Bad debts are estimated: 3% x $260,000 = $7,800

The company uses the percentage of sales method.

Bad debts expense = $7,800

The entry will be made:

Debit Bad debts expense $7,800

Credit Allowance for Uncollectible Accounts $7,800

Net income (before taxes) in 2021 decreases by $7,800 and total assets in 2021 decreases by $7,800

7 0
3 years ago
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