Answer: $18,700
Explanation
Net cash provided by the operating activities = $108,000
Add: Net cash provided by the financing activities = $16,000
Less : The net cash used for the investing activities = $118,500
The net increase in Cash will now.be:
= ($108,00 + $16,000) - $118,500
= $5,500
Add: Cash at the beginning of the year. This will be:
= $5500 + $13,200
= $18,700
Ending cash balance will be $18700
Answer:
Cash Flow Year Present value
- 0 0.00
3.41 1 2.99
3.58 2 2.76
3.76 3 2.54
3.95 4 2.38
4.15 5 2.23
4.36 6 2.09
91.46 6 43.94
Current share price = $58.93
Explanation:
Answer:
taxable amount = $10,000
Explanation:
given data
2 year ago fair market value = $30,000
fair market value = $40,000
sold the stock = $50,000
solution
we get here taxable amount when ESOP sold
so taxable amount = Selling price - fair market value on distribution date ...........1
put here value
taxable amount = $50000 - $40000
taxable amount = $10,000 long term capital gain
Answer:
In order to find the present value of the bond we have to calculate the present value of investment A and subtract is from 1529. We can find the present value of A by discounting all its cash flows.
As the first cash flow is received today and the last will be received 3 years form now there will be a total of 4 cash flows
1) 218.19 (Will not be discounted as we are receiving it today in the present)
2) 218.19/1.0987 (Discount by 1 year as cash will be received in 1 year)
3) 218.19/1.0987^2 (Discount by 2 years as cash will be received in 2 years)
4) 218.19/ 1.0987^3 (Discount by 3 years as cash will be received in 3 years)
= 218.19 + 198.58 + 180.74+ 164.51 = 762.02
PV of Bond = 1529-762.09= 766.91
Semi annual coupons mean 2 payments a year. Bond B matures in 23 years which means a total of 46 payments (23*2). N=46. A coupon rate of 6.4 percent means that the bond pays $64 (0.064*1000) each year. $64 divided by 2 is 32 which is the amount of each semi annual payment Arjen receives. Pv= 766.91 FV = 1000
In a financial calculator put
PV= -766.91
N= 46
FV=1000
PMT= 32
and compute I
I is 4.38 and we will multiply it by 2 because the payments are semi annual. So we will get an I of 8.76
YTM= 0.0876
Explanation:
The solution to get the gross pay for the week of Rocco;First we will calculate the straight time pay which is (40 x $19.00) = $760, second is the overtime pay which is (3 x $19.00 x 1.5) = 85.5, we will just add the straight time pay and overtime pay to get the gross pay and it is $845.5