Answer: The answer is If soccer balls are sold for $2.05 or $14.61 each, the store will break even but will not make profit.
Hope this helps!!
Answer:
$6,283.56
Step-by-step explanation:
The net present value is the present value of after tax cash flows from an investment to the amount invested in a project.
Net present value can be calculated using a financial calculator
Cash flow in year zero = -$290,000
Cash flow each year from year one to three = 0
Cash flow each year from year four to twelve = $64,000.
I = 9%
NPV = $6,283.56
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
Hi,
We have the question as x-2/3 = 6 1/3
First of all, we will convert 6 whole number 1/3 in a fraction form, to get: 19/3
x- 2/3 = 19/3
so, x= 19/3 + 2/3
After taking LCM
x= 63/9
x= 7
The value of x is 7.
Hope it helps! :)