Answer:
Annual deposit= $1,192,568.62
Explanation:
Giving the following formula:
Future Value= $15,000,000
Number of periods= 10 years
Interest rate= 5% compounded annually
<u>To calculate the annual deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (15,000,000*0.05) / [(1.05^10) - 1]
A= $1,192,568.62
Answer:
$3,918
Explanation:
Calculation the cost of inventory as of June 30
Purchases [$4,100+1000] $5100
(Less): Returns ($1100)
(Less): Discount [4100 x 2%] ($82)
Cost of inventory $3,918
Therefore the cost of inventory as of June 30 will be $3,918
Answer:
c. There is greater potential for high yield over a longer period
Explanation:
Answer:
The best estimate of its stock price per share is $11.20
Explanation:
To compute stock price per share, the equation is shown below:
= Total number of equity ÷ Outstanding number of shares
where,
Total number of equity = Total corporate value - Notes payable - long term debt - preferred stock
= $500 - $110 - $90 - $20
= $280 million
And , outstanding number of shares is 25 million shares
Now, apply the above equation
So, stock price per share = $280 million ÷ 25 million shares = $11.20
Other accounts like retained earnings, total common equity is irrelevant
Hence, the best estimate of its stock price per share is $11.20
Answer:
marginal analysis
Explanation:
it is believed that the rational man makes marginal analysis.
for example, a rational man would continue consumption up to the point that the marginal utility of the last bottle consumed equal marginal price.
If marginal utility falls below price, consumption should stop.
If marginal utility is above price, consumption should continue
