Answer:
The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled. Therefore, it encompasses all for-profit businesses that are not owned or operated by the government
Explanation:
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Answer: D-its inventory level is too high
Explanation:
Inventory turnover is a ratio that shows a company how efficient it sells its products. A high turnover means that the company is generating sales efficiently for inventory, while a low turnover means not generating efficient sales for inventory.
Also a low quick Ratio means when a company does not have enough current assets and lacks inventory in order to cover it's short term debt
Since, Okra Corp. has a low inventory turnover, a high current ratio, and an average quick ratio, it will generate inventory that is too high leading to poor sales.
Answer:
FV= $1,309,832.57
Explanation:
Giving the following information:
Annual investment (1 to 7)= $3,500
Interest rate= 9%
<u>First, we need to calculate the future value of the annual deposit using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {3,500*[(1.09^7) - 1]} / 0.09
FV= $32,201.52
<u>Now, the value when they are 70:</u>
Number of periods= 70 - 27= 43
FV= PV*(1+i)^n
FV= 32,201.52*(1.09^43)
FV= $1,309,832.57
Answer:
bond under priced is $14.18
Explanation:
given data
market price = $1,050
annual interest = $100
rate of return = 9 percent
time period = 10 year
solution
we get here bond mis priced so for we get first theoretical Price of the bond that is
theoretical Price of the bond = annual interest × 
+ 
........1
theoretical Price of the bond = 100 × 
+ 
theoretical Price of the bond = $1064.18
but actual Price is $1050
so here bond is under priced as $1064.18 - $1050
bond under priced is $14.18
Answer:
adjusted gross income tax is an individuals total gross income minus specific deductions.
taxable income is adjusted gross income minus allowance for personal exemptions and itemized deductions.
