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ollegr [7]
3 years ago
10

She makes $569.58 a month

Business
1 answer:
Vlad [161]3 years ago
3 0

Answer:

Needs - $284.79, Wants - $170.87, Savings - $113.92

Explanation:

Just divide $569.58 in half, so $284.79 for needs.

Then, $569.58 * 0.30 = $170.87 for wants.

Lastly, $569.58 * 0.20 = $113.92 for savings.

To check your answer, add up all the amounts:

$284.79 + $170.87 + $113.92 = $569.58

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Answer:

ending RE 30,000

Explanation:

Using the acounting equation we solve for the beginning RE

<em>Assets = liab + equity</em>

155,000 = 85,600 + 52,400 + Retained Earnings

155,000 - 85,600 - 52,400 = <em>17,000</em>

beginning RE 17,000

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Wat is accounting in economics
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3 years ago
Consider the following cash flows of two projects for Fontana Rubber Parts Company. Assume the discount rate for Fontana Rubber
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Answer:

Year           Dry Prepreg          discounted cash flow

0                   -$30,000                -$30,000

1                        10,000                    8,772

2                       10,000                    7,695

3                       10,000                    6,750

4                       10,000                    5,921

5                       10,000                    5,194

Year           Solvent Prepreg.           discounted cash flow

0                         -$90,000                   -$90,000

1                            28,000                       24,561

2                           28,000                       21,545

3                           28,000                       18,899

4                           28,000                       16,578

5                           28,000                      14,542

a. Calculate NPV, IRR, MIRR, payback, and discounted payback for each project

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IRR = 19.86%

MIRR = 17.12%

payback = 3 years

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NPV = $6,130

IRR = 16.80%

MIRR = 15.51%

payback = 3.21 years

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b. Assuming the projects are independent, which one(s) would you recommend?

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c. If the projects are mutually exclusive, which would you recommend?

Dry prepreg becuase its IRR, MIRR are higher, and its payback and discounted payback periods are shorter.

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LOL LOOK AT THIS MEME
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Answer:

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Blue Sus

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