The
capital budget will be supported with 30% debt and 70% equity. Since the
company's income will be $825,000 this is the maximum equity that can be put
towards the capital budget and therefor is matched in the ratio 70:30 by
borrowings. If $825000 is 70%, divide that (825,000/.70) you’ll get the total
maximum budget of $1,178,571 which is letter c. To get the 30%, just deduct the
$825,000 to $1,178,571, you’ll get $353,571. To make sure your answer is
correct, add up the 70% and 30% values and if they make the original total
value, then the answer is correct. $825,000 + $353,571 = $1,178,571
Speed of the boat = u
speed of the current = v
In downstream,
u - v = 280/7
u - v = 40
In upstream,
u + v = 280/14
u + v = 20
Add both equations
2u = 60
u = 30
v = -10
Speed of the boat = 30 km/h
Using the formula for the future value of an annuity: FV = P x (1 + rate)^time - 1 / rate)
1st account:
15,000 x (1 + 0.05)^10 - 1 /0.05) = $188,668.39
2nd account:
15,000 x (1 + 0.10)^10 - 1 /0.10) = $239,061.37
Range is the y-values and since the arrows extend off the graph, we can assume it goes on forever so
answer: (-infinity,+infinity)
make sure it’s parenthesis, not brackets
I think you should google cigarettes and you’ll get the answer
