Answer:
The free cash flow that Wells generated is $2050.
Explanation:
EBIT = sales - operating costs - depreciation
= $8,250 - $4,500 - $950
= $2,800
free cash flow
= EBIT(1 - t) + depreciation - investment in fixed assets - investment in NOWC
= $2100 + $950 - $750 - $250
= $2050
Therefore, The free cash flow that Wells generated is $2050.
Answer:
e.action plan to achieve the mission.
Explanation:
A strategy is an action plan to achieve the mission.
What was the answer??
I think it's a or d ...
Answer: $464.98
Explanation:
For this question, we are going to use the annuity formula
Future value of an annuity:
= A [(1+r)^n-1) / r]
where
A = Annuity payment = unknown
r = rate per period
=10.67%/12
= 0.1067/12
= 0.00889
n = number of period:
= 35 × 12
= 420
Future value(FV) = $2,100,000
Future value = A [(1+r)^n-1) / r]
2100000 = A[(1+0.00889)^420 - 1)/0.00889
2100000 = A[1.00889)^420 - 1/0.00889
2100000 = A(41.15 - 1)/0.00889
2100000 = A(40.15)/0.00889
2,100,000 = A(4516.31)
A = 2,100,000/4516.31
A = $464.98
I must deposit $464.98 each month to fund the retirement