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EastWind [94]
3 years ago
14

Lang Warehouses borrowed $196,401 from a bank and signed a note requiring 7 annual payments of $33,942 beginning one year from t

he date of the agreement. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Determine the interest rate implicit in this agreement. (Do not round intermediate calculations. Round interest rate to 1 decimal place.)
Business
1 answer:
Snezhnost [94]3 years ago
5 0

Answer:

5%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

The interest rate implicit in the agreement can be determined by finding the internal rate of return.

Cash flow in year 0 =  $-196,401

Cash flow each year from year 1 to 7 = $33,942

IRR = 5%

To find the IRR using a financial calculator:

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 IRR button and then press the compute button.  

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The balance in Accounts Receivable at the beginning of the year amounted to $1,920. During the year, $7,160 of credit sales were
babunello [35]

Answer:

$7,360

Explanation:

To determine the amount of cash inflow from customers open a Total Receivable Account and determine the Cash Balance.

Total Receivable T - Account

<u><em>Debit :</em></u>

Beginning Balance                                           $1,920

Credit Sales                                                       $7,160

Total                                                                  $9,080

<u><em>Credit :</em></u>

Uncollectable expense                                      $500

Cash Received (Balancing figure)                   $7,360

Ending  Balance                                                $1,220

Total                                                                  $9,080

Conclusion :

the amount of cash inflow from customers is $7,360

3 0
3 years ago
A change in company policy now means that employees have to gather a lot more information from a customer before dealing with a
Natalka [10]

Answer:

Option A Apologize for any trouble and explain the change to each customer.

Explanation:

The reason is that it is ethicaly correct because the change in policy is not minor, neither involves unethical practice of leg pulling of seniors nor agreeing all the complaints of the customer because he might be totally wrong. The sales person will have to explain the customer what actually the changes are in the policies and why it has adopted it. For the inconvenience caused to the customers, the company must apologize.

3 0
3 years ago
In the study conducted by thomas &amp; chess in 1980 categorizing attachment, what percentage of babies were roughly categorized
belka [17]

40%

An easy baby and a tough baby vary primarily in that the former has more periodic bodily processes and more positive responses to stimuli, whilst the latter has fewer normal body processes and more negative responses.

Every parent wishes their children were simple. Parents with challenging infants may harbour envy for those of peaceful infants. However, studies suggest that having kids with a challenging temperament is not always a bad thing. This article will define temperament, examine the three varieties of temperament, and instruct you on how to handle a challenging infant.

Each kid is unique from birth despite since they are reared in the same home, as parents of several children are already aware. New-borns display various ways of responding to their surroundings right away.

To know more about easy baby refer to brainly.com/question/15607034

#SPJ4

5 0
2 years ago
In choosing between two investments, if one has the higher expected return but the other has the lower standard deviation, we us
bazaltina [42]

Based on the information given in the paragraph above, the measures that fill in the blanks in order are:

  • Coefficient of Variation
  • Standard deviation
  • Expected return
  • Risk

When we have an investment with a higher expected return and a higher standard deviation than another investment, we can then base our decision on the amount of risk that we incur per return of the investment.

This measure is called the coefficient of variation and it is calculated thus:

<em>= Standard deviation / Expected return </em>

This will then show you the risk incurred per unit of return. The investment with the lower coefficient is the better one.

<em>In choosing between two investments, if one has the higher expected return but the other has the lower standard deviation, we use another measure of risk called </em><em><u>Coefficient of Variation. </u></em><em>To obtain this measure we divide the </em><em><u>Standard deviation</u></em><em> by the </em><em><u>Expected return</u></em><em>. This measure shows the amount of </em><em><u>Risk</u></em><em> per unit of return...</em>

<em>Find out more at brainly.com/question/24616534.</em>

7 0
3 years ago
Despite differences arising from environmental variation, all foraging economies have shared one essential feature:
Vilka [71]

Answer:

Letter E is correct. <u>Their reliance on available natural resources for their subsistence, rather than controlling the reproduction of plants and animals.</u>

Explanation:

The use of natural resources is common and essential to all foraging economies, whose fundamental principle is to produce for their own consumption. These are economies that depend on hunting, gathering or fishing to survive.

However, there is no systematization of economic processes nor the use of socio-structural variables and policies that help these subsistence economies to gain a new perspective on the control and functioning of the economy, which can help in the processes and optimization of the utilization of natural resources.

8 0
3 years ago
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