Answer:
a. $187.20.
b. $202.48.
c. $217.43.
Explanation:
Please find the below for detailed explanations and calculations:
We have the formula for determining the future price of the non-dividend-paying stock as below:
Future price = Spot price x (1+ annual risk free rate )n; which n = number of year(s) to maturity.
Thus, apply the general formula above, we have the below calculations:
a. Future price = 180 x (1+4%)^1 = $187.20;
b. Future price = 180 x ( 1+4%)^3 = $202.48;
c. Future price = 180 x (1+6.5%)^3 = $217.43.
Answer:
<em>D) $56,000</em>
Explanation:
<em>Amy's annual salary + benefits = annual salary + bonuses + 401K employer matched up contributions = $48,500 + $5,000 + $2,500 = $56,000</em>
<em>The 401K matched up contributions are considered a benefit because the employer has no legal obligation to pay them.</em>
<em>and its right on e2020 (edge-nuity)</em>
Answer:
Under the gross method
= $15,000
Under the net method
= $14,850
Explanation:
Data provided in the question:
Amount of inventory purchased = $15,000
terms of 1/10, net 30
Now,
Under the gross method,
The inventory is recorded at the price mentioned on invoice and only discounts taken are recognized
therefore,
Amount carried by inventory = Amount of inventory purchased
= $15,000
and,
Under the net method all the discounts will be taken
therefore,
Amount carried by inventory
= Amount of inventory purchased - Discount
= $15,000 - 1% of $15,000
= $15,000 - $150
= $14,850
A. grains correct me if im wrong
Answer:
$63,800
Explanation:
May purchases $57,000
June $74,000
July $89,000
Payment schedule 40% for the current month and 60 % the following month
The budget for June will be
40 % of June purchases plus 60% of May purchases
=(40/100 x 74,000) +(60/100 x 57,000)
=(0.4 x 74,000) + 0.6 x 57,000)
=29,600 + 34,200
=$63,800