Answer:
PV= $81,947.83
Explanation:
Giving the following information:
Future value= $95,000
Interest rate= 0.03
Number of periods= 5
To calculate the initial investment required to reach the objective, we need to use the following formula:
PV= FV/(1+i)^n
PV= 95,000/(1.03^5)
PV= $81,947.83
Answer:
Absolute Advantage: The ability of an actor to produce more of a good or service than a competitor.
Comparative Advantage: The ability of an actor to produce a good or service for a lower opportunity cost than a competitor.
Explanation:
Answer:
Net purchases:
= Purchases - Purchase Returns and Allowances - Purchase Discount
= 500,000 - 14,000 - 9,000
= $477,000
Cost of goods sold:
= Net purchase + Freight-in
= 477,000 + 15,000
= $492,000
To bet , play games for money , risky .
Answer:
$5,200,000
Explanation:
We know that
Cap rate = Net operating income ÷ Purchase price of the property
where,
Cap rate is 6.25%
And, the net operating income on the property is $325,000
So, the purchase price of the property would be
= $325,000 ÷ 6.25%
= $5,200,000
We simply applied the above formula to find out the purchase value of the property
