Answer: $13,692,683.93
Explanation:
Present value = Amount / (1 + rate) ^ number of periods
= 19,046,180 / (1 + 8.6%)⁴
= $13,692,683.93
<em>Options are most probably for a variant of this question. </em>
To find the Inn's nightly cost before tax is added you will divide the total cost of the room $144.16 by the tax rate of 6%. When you divide the tax rate you will move the decimal over and use the number 1.06 (6%). When you divide $144.16 by 1.06 the answer is $136 per night before tax. To check your work you can multiply $136 by 1.06 giving you a total cost of $144.16 after tax.
Their income increases, being that the relationship between education and income is positive
Answer:
The correct answer is option b.
Explanation:
The contribution margin can be defined as part of the revenue that is not spent on the variable costs. The word contribution represents the part of the revenue that is not spent on variable costs and thus contributes to covering fixed costs.
It is an important concept in the break-even analysis.
There are several ways to calculate contribution margin. It can be calculated by deducting variable costs from total sales. It can also be calculated by deducting unit variable costs from the unit selling price. The contribution margin ratio is calculated by dividing the contribution margin per unit by unit selling price.
Answer:
The principle of conservation of charge states that the net charge of an isolated system remains constant during any physical process.