Answer:
$ 1,586.8743
Explanation:
Calculation to determine what will be the value of the certificate when it matures
Compounded annually
Principal P= 1000
Rate r=0.08
Period n = 6
Using this formula
A = P (1+r)^n
Let plug in the formula
1000 (1.08)^6
= 1586.8743
Therefore what will be the value of the certificate when it matures is $1586.8743
Answer:
3.34 times
Explanation:
Ginger incorporation has a market valu of equity of $710,000
The debt is $227,800
Cash is $45,600
EBIT is $102,800
The first step is to find the enterprise value
= market capitalization + debt -cash
= $710,000 +$227,800 - $45,600
= $937,800-$45,600
= $892,200
The EBITDA can be calculated as follows
= EBIT + depreciation and amortization
= $102,800 + $164,600
= $267,400
Therefore the enterprise value-EBITDA can be calculated as follows
= 892,200/267,400
= 3.34 times
Answer:
2.12, rounded up to 3
Explanation:
To solve the equation, we first need to set up an equation.
Let x represent the number of scarves. We want one side of the equation to be the amount earned and the other to be the cost
45x is how much they earn since each scarf is $45
70+12x is how much they cost for rent and production
45x=70+12x
Subtract 12x from both sides
33x=70
Divide both sides by 33
x=2.12
It says we should round up so 3 scarves to break even
Answer:
Grading
Explanation: Grading is the process of separating products based on their level of similarity,as the packer tries to separate and label the meat with little or no fat as ''AA'' and another with more fat as ''AB''. This is to ensure easy accountability an to help the consumer in making choice.
Grading system helps for easy tracking of the stock level of different food products available in the grocery store.