Answer
Option c is CORRECT answer
Explanation:
Borrowing money to pursue an advanced degree makes sense if You already have the financing to pay out of pocket.
Raintree automotive is likely to have a <u>employee</u> culture.
Raintree Automotive is likely to have a culture employee driven from PJM 440 at Colorado State University, Global Campus. Raintree Automotive is a full-service automotive collision repair company located in Scottsdale Arizona.
They repair all models of vehicles, as well as specializing in high-end sport and luxury vehicles. Raintree automotive is likely to have a employee culture. As because of which it operates in a market that is relatively stable and has competition.
Hence, the answer is given and explained above.
To learn more about employee culture here:
brainly.com/question/27778728
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<span>An error value begins with a number sign (#) followed by an error name that indicates the type of error.
Green triangles are used by the excel to denote error indicators. Stop, warning and information are error alert types that are supported by excel.</span><span>
</span>
Answer:
Explanation:
Let's recall the formula that will be used for calculations
The annual payment on the loan=Present value of a loan/PVIFA
r=7%; n=5
Annual payment on the loan=71500/4.100197=17438.19
OR we can use the financial calculator and input the following data:
PV = 71500; r=7%; n=5; PMT=?
PMT=17438.19
Amortization schedule:
YEAR Beg. balance Total PMT Interest PMT Principal PMT End. Bal.
1 71500 17438.19 5005 12433.19 59066.81
2 59066.81 17438.19 4134.68 13303.51 45763.3
3 45763.30 17438.19 3203.43 14234.76 31528.54
4 31528.54 17438.19 2207 15231.19 16297.35
5 16297.35 17438.19 1140.81 16297.38 0
*5005 = 71500 ×0.07
12433.19=17438.19-5005 and so on...
Answer: $11.16 million.
Explanation:
Free Cash Flow Catering Corp Earnings Before Interest and Tax (EBIT) can be calculated by the following formula,
EBIT = Operating Cashflow + Taxes - Depreciation.
Operating Cashflow = Free Cashflow + Investment in Operating Capital
= 8.08 million + 2.08 million
= $10.16 million
EBIT = 10.16 million + 2.08 million - 1.08 million
EBIT = $11.16 million.