Answer:
How should she compute her required annual investment?
$ 36.987
Explanation:
With the present value formula we can calculate how she has to invest today to get $45,000 at the end of the 5 years, with a compounded rate of 4%.
Principal Present Value = F / (1 + r)^t
In this case we have the future value and we need to find the present value that we have to invest to get the money expected.
Principal Present Value = 45,000 / (1 + 4%)^5 = $36,987
If we invest today $36,987, with a compounded interest rate of 4% we get at the end of the period, 5 years, the total sum of $45,000.
The denominator of the fixed asset turnover ratio is AVERAGE FIXED ASSET.
The fixed assert turnover ratio refers to the ratio of sales to the value of fixed asset of a company. The ratio is very important in evaluating how a company is using its fixed assets to generate sales.
Mathematically, fixed asset turnover ratio = Net sales / Average fixed assets.
The numerator is net sales while the denominator is average fixed asset.
Answer:
a.21,000
Explanation:
The computation of the number of units expected to be sold in the month of May is shown below:
= Expected sales volume in units in Area X + Expected sales volume in units in Area Y + Expected sales volume in units in Area Z
= 6,000 units + 7,000 units + 8,000 units
= 21,000 units
We simply added these three sales volume in unit so that the expected number of unit sold could come
Answer:
D.$36,000
Explanation:
Calculation for How much interest is recognized for the period from April 1 to December 31
First step is to find the 12% of the amount that was borrowed which is $400,000
$400,000×12%
=$48,000
Now let calculate for the amount of interest that is recognized from April 1 to December 31
Interest =$48,000×3/12
Interest =$12,000
Hence,
Interest =$48,000-$12,000
Interest=$36,000
Therefore the amount of interest that is recognized from April 1 to December 31 will be $36,000
Resign means you leave the job, retire means you legally cannot work till you come out of retirement
