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3 years ago

8

John wants to purchase a new motorcycle that costs $10,000 in five years. If John wants to have $10,000 in five years, how much

would he have to deposit at the end of each of the next five years?

1 answer:

NeX [460]3 years ago

4 0

Answer:

2.ooo

Explanation:

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A client who believes that current economic events will make market conditions more stable over the upcoming 30 days could profi

Leviafan [203]

Answer: b. selling VIX calls

Explanation:

The client could make some money selling VIX calls. Call options give the holder the right to buy an underlying asset at a set price in future and they will do so if the market price of the underlying asset increases past the call price of the asset (exercise price).

If the client expects that market conditions will be stable then an increase in stock price is not expected. They can sell calls and make money from the premium they will charge for the calls knowing that they would not have to sell any stock to the holder as the value will not appreciate.

5 0

3 years ago

Colorado economy: the annual business report (1993-1994) indicates that for the past decade the cattle ranching industry in colo

alexdok [17]

Answer:

The colorado ranching is not expanding

Explanation:

The null hypothesis, H₀ : μ = 2.7 billion

Alternative hypothesis, Ha : μ > 2.7 billion

$\bar{X} = 2.85 billion$

$\sigma = 0.55 billion$

n = 30

The observed test statistic,

$t_{o} = \frac{\bar{x}- \mu}{\frac{\sigma}{\sqrt{n} } }$

$t_{o} = \frac{2.85- 2.7}{\frac{0.55}{\sqrt{30} } }\\t_{o} = 1.494$

Degree of freedom = n-1 = 30 -1 = 29

Significance level = 0.05

For the critical value, we check the t - table at 0.05 significance level

$t_{crit} = t_{\alpha, df} = t_{0.05, 29} \\t_{crit} = 1.699$

$t_{0} = 1.494\\t_{crit} = 1.699$

Since $t_{0}$ , we will accept H₀

That is the mean total cash receipt is 2.7 billion and the colorado ranching is not expanding

5 0

3 years ago

Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakl

algol13

Answer:

a. 2.63

b. 139 days

Explanation:

a. Inventory Turnover is a ratio that measures how often inventory is replaced by a company. A higher ratio is good because it means that the company is selling more.

Formula;

= $\frac{Cost of Goods Sold}{ \frac{Beginning Inventory + Closing Inventory}{2} }$

= $\frac{348,930}{ \frac{108,738 + 156,748}{2} }$

= $\frac{348,930}{132,743}$

= 2.63

b. Days in Inventory refers to the amount of time that stock remains in the company before it is sold. This is preferred to be lower as opposed to higher.

= $\frac{365}{Inventory Turnover Ratio}$

= $\frac{365}{2.63}$

= 138.78

= 139 days

8 0

4 years ago

Cuál es el sueldo neto?

xenn [34]

Answer:

yea

Explanation:

because I speak english

8 0

3 years ago

Acceleron is planning future expansion with a new facility in Indianapolis. The company will make the move when its real estate

alukav5142 [94]

Answer:

6.67 years

Explanation:

The number of years for the firm to reach the desired value of $1.2 million can determined using the nper formula in excel as below:

=nper(rate,pmt,pv,-fv)

rate is the interest rate earns by the fund at 10% per year

pmt is the addition to the fund in each year which is $50,000

pv is the current amount in the fund which is $400,000

fv is the desired value of $1.2 million

=nper(10%,50000,400000,-1200000)= 6.67 years

It would take 6.67 years for the sinking fund to reach the desired value of $1,200,000

7 0

3 years ago