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Minchanka [31]
3 years ago
10

What is the IRR of the following set of cash flows? (Do not round intermediate calculations. Enter your answer as a percent roun

ded to 2 decimal places, e.g., 32.16.)
Year Cash Flow
0 –$ 15,800
1 6,500
2 7,800
3 6,300
IRR %
Business
1 answer:
MrRissso [65]3 years ago
3 0

Answer: 14.59%

Explanation:

The Internal Rate of Return(IRR) is the discount rate that brings the Net Present Value to zero. It is used to decide the viability of projects. The project is generally considered viable if the Cost of capital is less than the IRR.

You can use Excel to calculate the IRR;

= IRR(-15,800,6,500,7,800,6,300)

From the picture attached you can see that the IRR is 14.59%

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Match the role with the correct example of someone playing that role.
Dmitry [639]

Answer:

  Role                                  Example

  • Worker              →          Auto mechanic
  • Consumer         →          Car owner
  • Producer           →          Factory owner

Explanation:

Three types of economic<em> roles</em> are <em>consumers, producers, and workers.</em>

The role of the <em>consumer</em> is to buy the goods and services. The sum of the consumptions of a good or a services constitute the demand of the product. Thus, the consumer purchases and use the products, which is a car owner does.

The role of the <em>producer </em>is to produce the good and services. The sum of the quantities produced of a good or service by the different producer of a same product constitute the supply of the product. Thus, the producer posseses the assets to make the products available, which is what a factory owner represents.

The <em>worker</em> puts the labor. The workers are an essential part of an economy too, such as the consumers and the producers,  because they make the goods or service by their own work. The auto mechanic, who works fixing cars, is an example of a person playing the role of worker.

5 0
3 years ago
Read 2 more answers
Quanti Co., a calendar year taxpayer, purchased small tools for $5,000 on December 21, 2016, representing the company's only pur
iris [78.8K]

Answer:

1 and a half months worth of depreciation

Explanation:

The advantage of starting to depreciate an asset purchased on December is that next year you will be able to depreciate it for a full year under MACRS.  Generally, when you purchase an asset, you have to use the half year convention and your depreciation expense for the first year will be low compared to the second year. But if you start depreciating your asset in the current year, even if you purchased it on December and the depreciation expense is not that significant, the next year you will be able to depreciate it at the second year rate.

7 0
3 years ago
During May, Carolan Corporation transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of
dem82 [27]

Answer:

credit to Work in Process of $59,000.

Explanation:

Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000

Dr Finished goods $59,000

Cr Work in process $59,000

Dr Cost of goods sold $65,000

Cr Finished goods $65,000

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2 years ago
Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million
Luda [366]

Answer:

Please see attachment

Explanation:

Please see attachment

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3 years ago
We are taught that cleanliness is a vital part of daily life, that antibacterial soaps, cleaning products that completely elimin
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The appropriate response is human microbiomes. The microbiome is characterized as the aggregate genomes of the organisms that live inside and on the human body. We have around 10 fold the number of microbial cells as human cells. 
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