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Elena L [17]
3 years ago
14

Select the correct answer.

Business
1 answer:
antoniya [11.8K]3 years ago
8 0

Answer: $152,210

Explanation:

The net income is the income that remains after the expenses has been deducted from the revenue.

Clean123 Inc.'s net income will be calculated as:

Service revenue = $193,750

Less: Salaries expense = $26,900

Less: rent expense = $14,640.

Net income = $152,210

Therefore, the net income is $152210

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A company is considering investing in a project that costs $300,000. The company uses straight-line depreciation and estimates t
Vaselesa [24]

Answer:

NPV = $-41,928.18

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

Cash flow in year 0 = $-300,000

Cash flow each year from year 1 to 10 = $42,000

I = 10%

NPV = $-41,928.18

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0
3 years ago
Read 2 more answers
The present value of a single sum is: Select one: A. The amount that would be paid today to receive a single amount at a specifi
Marina86 [1]

Answer:

The correct answer is letter "A": The amount that would be paid today to receive a single amount at a specified date in the future.

Explanation:

The present value (PV) of a single sum tells us how much a future sum of money is worth today given a specified rate of return. This is an important financial concept based on the principle that money received in a specific time in the future is not worth as much as an equal sum received today.

8 0
3 years ago
Do you think the efforts of Brazil's government to keep the economy growing will e successful
myrzilka [38]
No...........I don't think so
6 0
3 years ago
Suppose that students at Big University buy season football tickets at the beginning of the fall semester. Everyone expects that
Elena L [17]

Answer:

A) The current supply will shift to the left

Explanation:

The supply curve shifts to the left when the total quantity supplied decreases, which results in a price increase at any given quantity.

If everyone expects that the football team will have a great season, the quantity demanded for tickets will increase, which will increase their price. But the suppliers will also hold to their tickets until a day or two before the games to increase expectations and fans' anxieties. That way the price will increase even more, and they will make a higher profit.

8 0
3 years ago
What is the relationship between insurance and successful financial management? 1. Why is insurance important? 2. Consider your
tatiyna

Answer:

insurance is important in that it helps you indemnity the losses occured after the risk occurrence

Explanation:

insurance ensures that you are covered from all period and hazards

6 0
3 years ago
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