Answer: $3,153
Explanation:
The amount that will make you indifferent is the future value of the 3 payments at the end of those 3 years at 5%.
Future value of Annuity = Annuity * Future Value interest factor, 3 years, 5%
= 1,000 * 3.1525
= $3,153
Bank will require a final payment of $3,153 for you to be indifferent.
Answer:
$1,980
Explanation:
The computation of the amount of cash Best Discount Store received is shown below:
= Sale value - returned merchandise inventory - discount
where,
Discount is
= (Sale value - returned merchandise inventory) × discount rate
= ($3,000 - $1,000) × 1%
= $20
So, the amount of cash received is
= $3,000 - $1000 - $20
= $1,980
Answer:
True
Explanation:
Team cohesiveness by itself does not necessarily lead to higher team productivity, team members might be united and have strong interpersonal relationships, but that doesn't guarantee high productivity or success.
But when team cohesiveness is paired with a high commitment to quality performance, then you can expect an increase in the productivity of all the team members.
Answer:
The Cost of Goods Sold or COGS for the period was $85000
Explanation:
The cost of goods sold is the value or cost of inventory that has been sold off during the period. The Cost of Goods Sold of COGS can be calculated as follows,
COGS = Opening Inventory + Purchases - Closing Inventory
COGS = 50000 + 75000 - 40000
COGS = $85000
So, the Cost of Goods Sold or COGS for the period was $85000
Answer:
$2,126 million
Explanation:
Calculation for the Projected dividends for 2017
Using this formula
Projected dividends for 2017=2107 Forescated net income ×(2016 Dividends/2016 Net Income )
Let plug in the formula
Projected dividends for 2017=$5,504 million × ($2,048 million / $5,302 million)
Projected dividends for 2017=$5,504 million×0.38626933
Projected dividends for 2017 = $2,126
Therefore the Projected dividends for 2017 will be $2,126 million
