2 years ago

How much money did he save by paying

Business

1 answer:

Margarita [4]2 years ago

6 0

He saved a lot of money

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Arena, Inc. uses the direct method to prepare its statement merchandise inventory of cash flows. Use the following information r

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Answer:

D. $184,400

Explanation:

Please see attachment

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2 years ago

Janet is planning to purchase the stock of Mortensen Petro, Inc. She expects the stock to pay a $1.98 dividend next year, and sh

Arada [10]

Answer: Current Price $26.65

Explanation:

Rate of return = 12.5%

dividends = $1.98

Expected Price (in a year from now) Pe= $28

Current price = Pc

R = (Pe - Pc + D)/Pa

0.1250 = (28 - Pc + 1.98)/Pc

28 - Pc + 1.98 = 0.1250Pc

-Pc - 0.1250Pc = - 28 - 1.98

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2 years ago

Cost of goods sold $500,000 Average inventory 62,500 Determine (a) the inventory turnover and (b) the number of days' sales in i

nadya68 [22]

Answer:

(a) 8 times

(b) 45.6 days

Explanation:

Given that,

Cost of goods sold = $500,000

Average inventory = $62,500

Assume 365 days a year.

(a) Inventory turnover ratio:

= Cost of goods sold ÷ Average inventory

= $500,000 ÷ $62,500

= 8 times

(b) Number of days' sales in inventory days:

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= 365 days ÷ 8

= 45.6 days

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3 years ago

What factors do u look at when which loan is best for you

sergiy2304 [10]

When I don't have money and I know that I can pay in future, if I am not sure that I can pay in future it's not worth full to take loan

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2 years ago

Assume stock A costs $100 at t = 0 in a two-period world. There are two scenarios at t = 1: good and bad. In the good scenario t

Arada [10]

Answer:

The offer at $4.60 by the broker is higher than the calculated fair value of $4.545 hence i will not take up his offer

Explanation:

Given data:

stock A = $100 at t = 0

in two worlds : good scenario ; stock A = $120

bad scenario ; stock A = $70

probability = 0.5

annual risk less rate = 10% = 0.1

To determine if to take the offer or not we have to calculate the call option using the given parameters

Cu = $\frac{(0.5*10) + (0.5*0)}{(1 + 0.10)}$ = $4.545

The offer at $4.60 by the broker is higher than the calculated fair value of $4.545 hence i will not take up his offer

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2 years ago