Given that a small hair styling salon had revenues of
$150,000 in a given year. The owner spent $10,000 on utilities, $60,000 on
supplies, and $50,000 on equipment, including maintenance. The total profit of
the salon should 150,000 –( 10,000 +
60,000 + 50,000) = $30,000. The owner could have earned more if he work at
another salon.
Answer:
The answer is: $51.695,00
Explanation:
To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.
The formula is:
n
<h3>NPV= ∑ Rt/(1+i)^t</h3>
t-1
where:
R t =Net cash inflow-outflows during a single period t
i=Discount rate or return that could be earned in alternative investments
t=Number of timer periods
In this exercise:
NPV= [16500/(1,079^1)]+[25700/(1,079^2)]+[18000/(1.079^3)]
NPV= $51695
Answer:
C)within 30 calendar days.
Explanation:
FINRA's rule 4530 (a) states that FINRA member firms must promptly report any disclosure and reporting event within a 30 calendar days period after the firm acknowledged (or should have acknowledged) the occurrence of the event. FINRA doesn't require any paperwork any more, since the reports of this type of events can be done electronically via FINRA's Firm Gateway.