Answer:
C. The customer still owes $0.05
Explanation:
Four $20 bills= $ 80
Three $1 bills= $3
Six quarters = $1.50
One dime = $0.10
One nickel= $0.05
Five pennies = $0.005
Total= $84.7
Answer:
1. IRR for the first investment: 13%
2. IRR for the second investment: 10%
3. IRR for the first investment give changes in cash flow: 4%
Explanation:
IRR is the discount rate that will bring project's net present value to 0. Apply this, we will calculate IRR in each given scenario:
1. -900,000 + (300,000/IRR)/ [ 1 - (1+IRR)^-4] = 0 <=> IRR = 13%
2. -755,000 + 400,000/(1+IRR) + 500,000/(1+IRR)^2 = 0 <=> IRR = 10%
3. -900,000 + (250,000/IRR)/ [ 1 - (1+IRR)^-4] = 0 <=> IRR = 4%
(all the answers have been rounded to whole percentage values as required in the question).
A company has net income of $ 225,000 and declares and pays dividends in the amount of $ 75,000 .
c. An increase of $ 150,000 is the net impact on retained earnings is the correct option.
Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and definitions vary by region.
For most people, income means gross income in the form of wages and salaries, return on investment, pension payments, and other income.
The definition of income is the amount of money received by an individual, group or business during a specified period. An example of income is an annual salary of $70,000.
Learn more about income here:brainly.com/question/25745683
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Answer:
a. Payback period:
Board game:
= Year before payback + Amount left / Cashflow in year of payback
= 1 + (1,200 - 690) / 950
= 1.54 years
Game DVD:
= 1 + (2,700 - 1,750) / 1,570
= 1.61 years
b. NPV
Board Game
= 690 / 1.12 + 950 / 1.12² + 210 / 1.12³ - 1,200
= $322.88
Game DVD
= 1,750 / 1.12 + 1,570 / 1.12² + 800 / 1.12³ - 2,700
= $683.52
c. IRR
Look at attached picture
Board Game IRR = 29%
Game DVD IRR = 28%
d. Incremental IRR
Look at attached picture
= 27%
Answer:

Explanation:
this question can be solved by applying the concept of present value:

where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. the key here is to make a good counting of the different periods of time, for example if the first payment on December 31,2024 is calculated on Januari 1,2021 there will be 3 years for discounting proccess so:

