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Anastasy [175]
3 years ago
5

What is the Net Present Value of the following cash flow streams at an interest rate of 8.25%: at year 0: $0; year 1: $75; year

2: $225; year 3: $0; and year 4: $300. $__.
Business
1 answer:
Anna35 [415]3 years ago
4 0

Answer:

the net present value is $479.7743

Explanation:

The computation of the net present value is shown below:

= cash flow ÷ (1+interest rate)^number of years

= $75 ÷ (1.0825) + $225 ÷ (1.0825)^2 + $300 ÷ (1.0825)^4

= $479.7743

Hence, the net present value is $479.7743

We simply applied the above formula so that the correct amount could come

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Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
borishaifa [10]

Answer:

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.

Explanation:

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.

6 0
3 years ago
After graduation in 2 years, Antwone would like to take a much needed vacation to the Caribbean Islands. He anticipates that the
Arisa [49]

Answer: $3,580.30 (converted to 2decimal places).

Antwone need to deposit " $3,580.30008” into the account each semi-annual period in order to take his vacation in 2 years

Explanation:

By using compound interest formula below to solve the question

A = p ( 1 + r/n)^nt

A = amount (future value)= $3,800

P = principal (present value) ?

r = annual nominal rate = 3%= 0.03

n = today number of compounding years = semiannually (2 interest payments period in a year) = 2

t = time in years =2

3,800 = p ( 1 + 0.03/2)^2(2)

3,800 = p ( 1 + 0.015 )^4

3,800 = p ( 1.015 ) ^4

3,800 = 1.06136355 p

divide both sides by 1.06136355

p = 3,800 / 1.06136355

p = $3,580.30008

≈$3,580.30 ( rounded off to 2d.p)

3 0
3 years ago
Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.45 per pound. 15,700
Andru [333]

Answer:

A) Price       7,080     U

B) Quantity 4,630.5  U

C) Total        11.710,5‬ U

Explanation:

DIRECT MATERIALS VARIANCES

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost  $3.45

actual cost  $3.65

quantity 35,400

difference  $(0.20)

(0.2) \times 35,400 = DM \: price \: variance

price variance  $(7,080.00)

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance

std quantity 36110.00

actual quantity 35400.00

std cost  $3.45

difference 710.00

(710) \times 3.45 = DM \: quantity \: variance

quantity variance  $2,449.50

Total Variance: 2,449.5 - 7,080 = -4.630,5‬

8 0
3 years ago
This information relates to Marigold Real Estate Agency for the month of October, 2022. Oct. 1 Stockholders invested $41,000 in
gregori [183]

Answer:

Explanation:

Journal entries:

Oct 1

Dr Cash 41,000

Cr Common stock 41,000

Oct 2

No entry

Oct 3

Dr Equipment 4,400

Cr Accounts payable 4,400

Oct 6

Dr Accounts receivable 13,000

Cr Sales 13,000

Oct 10

Dr Cash 170

Cr Service revenue 170

Oct 27

Dr Accounts Payable 880

Cr Cash 880

Oct 30

Dr Salaries expense 2,500

Cr Cash 2,500

4 0
3 years ago
Read 2 more answers
Type the first thing that come to your mind
solong [7]

Answer:

testing </3

Explanation:

5 0
3 years ago
Read 2 more answers
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