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alukav5142 [94]
2 years ago
5

Need answer ASAP if in next 5mins I'll name first answer brainliest

Business
1 answer:
irinina [24]2 years ago
5 0

Answer:

mutual fund company'

Explanation:

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The Utah Mining Corporation is set to open a gold mine near Provo, Utah. According to the treasurer, Monty Goldstein, "This is a
Alik [6]

Answer:

IRR = 13.05%

Explanation:

using an excel spreadsheet, the cash flows are:

year 0 = -$3,200,000

year 1 = $425,000

year 2 = $425,000 x 1.08 = $459,000

year 3 = $459,000  x 1.08 = $495,720

year 4 = $535,378

year 5 = $578,208

year 6 = $624,464

year 7 = $674,422

year 8 = $728,375

year 9 = $786,645

year 10 = $849,577

year 11 = ($849,577  x 1.08) - $480,000 = $917,543 - $480,000 = $437,543  

IRR = 13.05%

The internal rate of return (IRR) is the discount rate at which a project's NPV (net present value) would equal $0.

6 0
3 years ago
Romney's Marketing Company has the following adjusted trial balance at the end of the current year. No dividends were declared.
DerKrebs [107]

Answer:

Net income = $3,560

Explanation:

                                       Romney's Marketing Company

                                        Multi-step income statement

                               For the Year ended December 31 20YY

Sales revenues 37,250

Less: Cost of goods sold = 0

Gross profit                                                          = 37,250

Less: Operating expense:

Wages expense                                 = $19,000

Depreciation expense                       = $1,750

Utilities expense                                = $320

Insurance expense                            = $780

Rent expense                                     = $9,800

Total operating expense                   = ($31,650)

Add: operating income:

Rent revenue                                      =  $560

Total operating income                                         = $6,160

Other operating income

Interest revenue                                                    = 160

Net income before taxes                                      = $6,320

Income tax expense                                              = $2,760

Net income                                                             = $3,560

4 0
3 years ago
An electrician charges $50 to make a house call and $40 for each hour worked. if you have $200, can you afford a repair that tak
Neporo4naja [7]
No, it would cost $210. 
Each hour charges $40. 4 hours alone is $160.
On top of that, calling the electrician is a flat rate of $50. In total, it would cost $210. 

More mathematically, you could set up an equation. 

(Price) = $50 + $40 * (hours) 

Then plug in 4 hours 

price = 50 + 40*4
= 50+160
= 210
4 0
3 years ago
Show your work and explain in a full sentence how 4 2-6 is equivalent to 3 8-6.
klemol [59]

Answer:

4\frac{2}{6} = 3\frac{8}{6} = \frac{26}{6}

Explanation:

Given

4\frac{2}{6} and 3\frac{8}{6}

Required

Show that they are equivalent

To do this, we simply convert both fractions to either decimal or improper fraction

Using improper fraction

4\frac{2}{6} = \frac{6 * 4 + 2}{6}

4\frac{2}{6} = \frac{24 + 2}{6}

4\frac{2}{6} = \frac{26}{6}

3\frac{8}{6} = \frac{6 *3+8}{6}

3\frac{8}{6} = \frac{18+8}{6}

3\frac{8}{6} = \frac{26}{6}

After converting both to improper fraction, we have:

4\frac{2}{6} = 3\frac{8}{6} = \frac{26}{6}

<em>Hence, both are equivalent</em>

3 0
2 years ago
Financial data for Greene Company follows:
aksik [14]
The answer is d. 10.2
4 0
2 years ago
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