Answer:
The correct answer is $20,369.65.
Explanation:
According to the scenario, the computation of the given data are as follows:
Payment (pmt) = $2,025
Discount rate ( rate) = 7%
Time period ( Nper) ( 6 -23 years) = 18 years
So, we can calculate the Present value by using financial calculator.
Attachment is attached below.
So, Present Value = $20,369.65
<h2>stock prices should respond only to unexpected news and events.</h2>
Explanation:
Let us understand the term "financial market":
Here where the trading places. We talk about shares, debentures, etc.
So when the financial markets are efficient, the market is ready with the information which has been incorporated in to the prices of the product. So with respect to the market value the stock price will change or respond only during the unexpected news and events.
It will not increase or decrease based on the new events. It will not remain constant too all times.
Answer:
$32,550
Explanation:
LIFO means last in first out. It means that it is the last purchased inventories are the first to be sold.
Total inventory = 2,300 + 2,400 = 4,700
Ending inventory = 4700 - 2600 = 2,100
The ending inventory would be the first purchased inventory
Ending inventory = 2100 x $15.50 = $32,550
I hope my answer helps you
