Answer:
obstacle course
Explanation:
An obstacle course helps your mind to focus on your project or activities and gets your thought process going.
Answer:
rate of return 9.22%
Explanation:
15% return on fund value - 2.4% fund expenses = 12.6% net fund gain
then, the shares were purchased with a loan which required to paiy 3% of interest up-front
therefore, we didn't invest 100% of the loan but 97%
0.97 x .126 = 0,12222
now, we subtract the 3% paid of interest:
.1222-0.03 = .0922 = 9.22%
Answer:
Particulars Amount
Purchase price of equipment $79,400
Less: Depreciation expenses <u>$39,700</u>
Value of equipment <u>$39,700</u>
Particulars Amount
Sales price of equipment $31,200
Value of equipment <u>$39,700</u>
Section 1231 Ordinary loss -<u>$8,500</u>
Answer:
He will have to invest $17,624 today to reach his goal
Explanation:
Accumulated value = Future Value =FV = $25,000
Rate of Interest = r = 6.35% = 0.0635
Number of Year = n = 6 years
Amount Invested today = PV = ?
FV = PV x (1+r)^n
$25,000 = PV ( 1 + 0.0635 )^6
$25,000 = PV ( 1.0635 )^6
$25,000 = PV x 1.41852
PV = $25,000 / 1.41852
PV = $17,624.01
PV = $17,624
Answer:
29,257 units
Explanation:
The break-even point is reached when the revenue from sales equals total variable plus fixed costs.
The break-even point, in units is:
Rounding up to the nearest whole unit, the break-even point is 29,257 units.