Answer:
Wilkens' days in inventory for 2017 = 60.833
Explanation:
Given:
Sales = $1,800,000
Beginning inventory = $160,000
Ending inventory = $240,000
Gross profit = $600,000
Inventory turnover = 6 times
Wilkens' days in inventory for 2017 = ?
Computation of Wilkens' days in inventory for 2017:
Wilkens' days in inventory for 2017 = Number of days in a year / Inventory turnover
Wilkens' days in inventory for 2017 = 365 / 6 times
Wilkens' days in inventory for 2017 = 60.833
Answer:
The payroll tax expense is $1754.20
Explanation:
Answer:
6.383%
Explanation:
Calculation for the What is the yield to maturity
Using this formula
YTM=n√Face value/Bond price -1
Where,
n=one-year
Face value=10,000
Bond price=9,400
Let plug in the formula
YTM=1√10,000/9,400−1
YTM=1.06383-1
YTM=0.06383*100
YTM=6.383%
Therefore the yield to maturity will be 6.383%
Answer:
P5 = 10.41
Explanation:
To calculate the stock value with dividends for the fifth year the following formula would be used:
![P5 = \frac{Div_{0} * (1 + g)^{6} }{(r-g)}](https://tex.z-dn.net/?f=P5%20%3D%20%5Cfrac%7BDiv_%7B0%7D%20%20%2A%20%281%20%2B%20g%29%5E%7B6%7D%20%7D%7B%28r-g%29%7D)
The first Dividend Paid.- G = Growth Rate.
- R = Required Return.
$1.15
Growth Rate = 12.3%
R = 0.75%
P5 = ?
- Substituting the values in the formula
![P5 = \frac{1.15 * (1 + .0075)^{6} }{(12.3-.0075)} = 10.41](https://tex.z-dn.net/?f=P5%20%3D%20%5Cfrac%7B1.15%20%2A%20%281%20%2B%20.0075%29%5E%7B6%7D%20%7D%7B%2812.3-.0075%29%7D%20%3D%2010.41)
Answer:
Explanation:
I would do a game party. There would be bored games, such as twister monopoly, and if it is hot, I would do a game called wet head. for the decorations, I would make the house filled with balloons, and then I would do chips and salsa, cake, icecream, and pizza.