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maw [93]
3 years ago
13

For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal

places, e.g., 32.16.): Present ValueYears Interest RateFuture value$ 13 7% $15,251 4 13 49,557 29 14 884,073 40 9 548,164
Business
1 answer:
Naya [18.7K]3 years ago
4 0

Answer:

Present Value = Future Value / ( 1 + interest rate) ^ years

1. Present Value = 15,251 / ( 1 + 7%)¹³

= $6,328.62

2. Present value = 49,557 / (1 + 13%)⁴

= $30,394.24

3. Present value = 884,073 / ( 1 + 14%)²⁹

= $19,780.96

4. Present Value = 548,164 / (1 + 9%)⁴⁰

= $17,452.22

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4 0
3 years ago
ROE is computed as: A. Net income attributable to controlling interest / Average equity attributable to controlling interest B.
Korvikt [17]

Answer:

The correct answer is E

Explanation:

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6 0
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Incorporators are required to sign the charter, deliver it to the proper state officials, and purchase a certain percentage of t
alex41 [277]

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8 0
3 years ago
2.5 - Quiz: Recording Business Transactions Quiz
Sati [7]
The answer is capital
6 0
2 years ago
Taxpayer Info: Star Corp. is a calendar-year, accrual-method C corporation that sells inventory.
Radda [10]

Answer:

Cost of Goods Sold = $100,000,000

Explanation:

given data

gross sales of $300,000,000

returns = $10,000,000

beginning worth of inventory = $20,000,000

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end year worth of inventory =  $25,000,000

solution

we get here Cost of Goods Sold that is express as

Cost of Goods Sold = Cost of Goods purchased + Beginning Finished Goods Inventory - Ending Finished Goods Inventory   .......................1

put here value we get

Cost of Goods Sold = $105,000,000 + $20,000,000 - $25,000,000

Cost of Goods Sold = $100,000,000

6 0
3 years ago
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