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Nataliya [291]
3 years ago
6

Your rich aunt has promised to give you $5,000 per year at the end of each of the next four years to help you pay for college. U

sing a discount rate of 7%, what is the present value of the gift?
Business
1 answer:
anzhelika [568]3 years ago
6 0
<h2> ☞ANSWER☜ </h2>

<u> </u><u> </u><u> </u><u> </u><u> </u><u>7% of 5000 = 350</u>

<u>Percentage Calculator: 7 is what percent of 5000? = </u><u>3</u><u>5</u><u>0</u>

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Product configuration is the stage of the consultative sales process known as:
NARA [144]
It’s known as: Product Selection Process - Identifies options, pricing, and delivery schedules
8 0
4 years ago
Which of the following statements about restrictive covenants is TRUE?
BlackZzzverrR [31]

Answer:

"A"

Explanation:

Restrictive  covenant is a form legally binding agreement , used in trading and employment contracts ,that confines buyer to certain conditions and keep them away from some others.This means that a legal suit can be initiated if violated. It can be further grouped into non-compete ,non-solicitation and non disclosure and confidentiality agreement.

Due to its legal and enforceable nature , it takes priority over less restrictive zoning ordinances.

3 0
3 years ago
In its first year of operations, Roma Company reports the following. Earned revenues of $47,000 ($39,000 cash received from cust
Elina [12.6K]

Answer:

Net Income

Cash basis $10,800

Accrual basis $20,500

Explanation:

Computation of Roma company’s first-year net income under both the cash basis and the accrual basis of accounting will be:

Cash basis Accrual basis

Revenue $39,000 $47,000

Expenses $28,200 $26,500

Net Income $10,800 $20,500

Cash paid $20,950

Add Prepaid cash $7,250

=$28,200

Therefore first-year net income cash basis will e $10,800 and accrual basis will be $20,500

6 0
3 years ago
The stock in Up-Towne Movers is selling for $48.20 per share. Investors have a required return of 11.2 percent and expect the di
Keith_Richards [23]

Answer:

The dividend the company just paid is $3.53

Explanation:

The solution to the problem is given as follows.

$48.20 = D1/(.1120 − .0360)

$48.20= D1(0.076)

Making D1 the subject of formula we have.

D1 = $3.66

D0 = $3.66/(1 + .0360)

D0 = $3.53

6 0
3 years ago
Read 2 more answers
Devine Linens (DL) must raise $14,000,000 to support future growth. If it raises the funds by issuing stock, DL must pay an inve
blsea [12.9K]

Answer:

D. $15,000,000

Explanation:

amount to be raised before 5%cost = $14,000,000 + $250,000

                                                            =$14,250,000

then:

100 - 5 = 95%         ~~     $14,250,000

100%                       ~~      $ 15,000000

Therefore, the amount required to be raised is $15,000,000.

5 0
3 years ago
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