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EastWind [94]
2 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]2 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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Bowzer Co. has just received $2.7 million from the sale of one of its divisions. The company has 375,000 shares outstanding that
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Answer:

$76.93 per share

Explanation:

The computation of ex-dividend stock price is shown below:-

Sale of division = $2,7,00,000

Outstanding shares = 375,000

Dividend per share = Sale of division ÷ Outstanding shares

= $2,7,00,000 ÷ 375,000

= $7.2

Stock price after dividend = Sold shares - Dividend per share

= $84.13 - $7.2

= $76.93 per share

Therefore for computing the stock price per dividend we simply subtract dividend per share from sold shares.

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3 years ago
_____ is a term that describes a situation in organizations when there is a variety of demographic, cultural, and personal diffe
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Answer and Explanation:

c. Diversity

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3 years ago
What can a person do to help increase their credit score?
never [62]
The most logical answer is D
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In December 2014, Todd, a cash basis taxpayer, paid $1,200 fire insurance for the calendar year 2015 on a building he held for r
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Answer: D. Todd should include the $500 in 2015 gross income in accordance with the tax benefit rule.

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It should be noted that due to the fact that Todd is a cash basis taxpayer, he'll be able to deduct the one-year prepayment for insurance in the year that it was paid, 2014.

In this case, he deducted $1,200, then his net cost will be ($1200 - $500) = $700. In this case, Todd should then include the $500 refund in gross income for 2015 under the tax benefit rule.

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Answer:

<u><em>But where do we go from here? </em></u>

It depends on the result of more government intervention on quality life standards.

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<u><em>Is it a question of the quality of that involvement?   </em></u>

Yes. If government has an effective involvement there is even desirable to have its intervention but if it complicates everything then is repeled.

<u><em>Could it be smarter rather than just less? </em></u>

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<u><em>How can the cost of government involvement decrease?</em></u>

In this aspect it is important to mention the environmental issues in nowadasy economy. If the measurement of what is defined as "cost" is understand in the long run as conservation and balance between nature and economic explotation of resources.

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