Answer:
$922,000
Explanation:
Operating income after tax = $3,100,000 - ($3,100,000 × 38%) = $1,922,000
Annual cost of dollar = 20,000,000 × 5% = 1,000,000
EVA = Operating income after tax - Annual cost of dollar = 1,922,000 - 1,000,000 = $922,000
Answer:
Explanation:
Use Future value formula for the calculation of number of years
Future Value = Present value ( 1 + interest rate )^number of years
FV = PV ( 1 + r )^n
$500,000 = $200,000 ( 1 + 10.5% )^n
$500,000 / $200,000 = ( 1 + 0.105 )^n
2.5 = ( 1.105 )^n
log 2.5 = n log 1.105
n = log 2.5 / log 1.105
n = 9.1771
n = 9 years 2 months
Answer:
The correct answer is C
Explanation:
Savings account is the kind of deposit account which is held at the retail bank and that pays the interest but cannot be use directly as money is at the narrow sense of the medium of exchange.
This account help the customers or people to set aside the portion of their liquid assets when earning a monetary return. And this account does not charge any fee for depositing as well as cashing the paycheck into the saving account.
Therefore, the statement which is false is that the customer have to pay a fee for depositing or cashing.
Answer:
c. full employment
Explanation:
The classical theory states that the existence of full employment is normal in economy.To classical economists, the diversion of economy from full employment is something abnormal. Classical theory states that unemployment is caused in economy due to involvement of trade union legislation and minimum wage legislation in free market system.
So the answer is c. full employment
