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3 years ago

One year ago, you invested $3,250.00. Today, it is worth $4,000.00. What rate of interest did you earn

Business

1 answer:

mojhsa [17]3 years ago

8 0

Answer:

23.08%

Explanation:

Future value =Present value*(1+r)^n

$4,000 = $3,250*(1+R)^1

$4,000 = $3,250*(1+R)

1+R = $4,000/$3,250

1+R = 1.230769

R = 1.230769 - 1

R = 0.230769

R = 23.08%

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A firm’s liquidity level decreases when:_______.

katovenus [111]

Answer:

b) inventory is sold on credit.

Explanation:

Liquidity is defined as the a business to use its current assets to settle it's current liabilities.

This is calculated by using the working capital ratio.

Working capital ratio = Current assets ÷ Current liabilities.

Cash and inventory contribute to a business' liquidity.

When inventory is sold on credit, it does not result in immediate increase in cash as payment is in the future. So there is a reduction in the current asset of the company.

A reduction in the numerator of the working capital ratio results in lower value of the ratio (lower liquidity)

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3 years ago

If the real output is at a near maximum level, which of the following should be considered?

Natasha2012 [34]

Answer:

D. the market will fail Explanation: The output at maximum level will eventually reduce demand because the product will be over in circulation which attract a deducting in its price and demand too.

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3 years ago

During 2021, Sysco Corp. had 950,000 shares of common stock and 100,000 shares of 7% preferred stock outstanding. The preferred

solong [7]

Answer:

c. $6.03

Explanation:

Earnings available to common shareholders

Net Income $6,000,000

Less: Preference dividend $200,000

Net Income available to common shareholders $5,800,000

Number of Common shares = 950,000

Equivalent common shares for convertible 5% Bonds = 10,450. [Number of bonds = 2,100,000/1,000 = 2,100 shares. Equivalent common shares = 2,100 * 5 = 10,500 shares]

Weighted average number of common shares outstanding = 950,000 + 10,500 = 960,500

Earnings per share = Earnings available to common shareholders / Weighted average number of common shares outstanding

Earnings per share = $5,800,000 / 960,500

Earnings per share = 6.038521603331598

Earnings per share = $6.04

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3 years ago

Sales made on account normally lead to cash receipts. true or false.

laila [671]

In accounting, cash receipts refer to the record of the sales made in a form of cash, therefore, credit sales are not included in this record. When we say sales made on account, this refers to credit sales. Therefore, the answer to the given statement above is FALSE.

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3 years ago

A risk of marketing myopia is that sellers pay more attention to:.

valkas [14]

Answer:

the products than to customer needs.

6 0

2 years ago