Answer: a. $4400.81
b. $4114.99
c. $3625.60
Explanation:
Present value of money is the worth of money at a particular period of time.
a. If the discount rate is 12 percent, what is the present value of these cash flows?
Present value at 12% will be:
= 1250/1.12 + 1180/1.12^2 + 1570/1.12^3 + 1930/1.12^4
= $4400.81
b. What is the present value at 15 percent?
Present value at 15% will be:
= 1250/1.15 + 1180/1.15^2 + 1570/1.15^3 + 1930/1.15^4
= $4114.99
c. What is the present value at 21 percent?
Present value at 21% will be:
= 1250/1.21 + 1180/1.21^2 + 1570/1.21^3 + 1930/1.21^4.
= $3625.60
Answer:
Lucky Enterprises Income statement
Amount in $ Amount in $
Revenue 122,100
Operating expenses:
Salaries and Wages Expense 83,300
Rent Expense 22,400
Supplies Expense 5,500
Insurance Expense 3,700
Interest Expense 800
Bad Debt Expense 900
Depreciation Expense <u> 2,100</u>
<u> </u><u>(118,700
)</u><u> </u>
Net Income/(loss) <u> </u><u>3,400</u><u> </u>
Explanation:
The income statement is the statement that shows if an organization made a net income or loss from its operations over a period of time.
It shows the sales and expenses of the organization.
Answer: $112
Explanation:
The following information can be gotten from the question:
Growth Rate = 5%
Dividend at end of year,D1 = 5.60
Required return, ke = 10%
Then, the current market value will be:
P0 = De/(ke-g)
= 5.60/(10% - 5%)
= 5.60 / 5%
= 5.60/0.05
= $112
Therefore, the current market value of a share of IBM stock is $112.
Answer:
a. the firm customizes the product for each country in which it competes.
Explanation:
A multi-domestic corporate-level strategy is an international business strategy that involves the customization of its product/service in each specific market it operates in. Although it is not as cost-efficient as a global strategy, it is a good way to appeal to a wide, diverse customer base throughout the world.
B.windshields
the other will all cause some sort of contamination