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3 years ago

7

Preliminary reading of _______ can help you understand the scope of an assigned topic, as well as discover a range of manageable

subtopics. A. scholarly articles B. primary sources C. trade journals D. reference works

1 answer:

Daniel [21]3 years ago

5 0

c. trade journals

hope this helped

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Chaz Denver Company has identified that the cost of a new computer will be $40,000, but with the use of the new computer, net in

saveliy_v [14]

Answer:

D: 5 years

Explanation:

Cash payback period calculates the amount of years it takes for the amount invested in a project/ product / equipment to be recouped from revenue.

The cost of the computer is $40,000

Net income increases by $ 5,000 yearly

Depreciation expense is $3,000 yearly

Revenue = $5000 +$3000=$8,000

Pay back period = $40,000 / $8000 = 5 years

I hope my answer helps you.

7 0

3 years ago

A firm expects to increase its annual dividend by 20 percent per year for the next two years and by 15 percent per year for the

Law Incorporation [45]

Answer:

Current price = $20.50

Explanation:

Data provided in the question;

Growth rate, g = 20% = 0.2 for the 2 years

Growth rate, g' = 15% = 0.15 for the following 2 years

after 4 years annual dividend = $3

Last dividend paid, D0 = $1

Required rate of return, r = 12% = 0.12

Now,

D1 = D0 × (1 + g)

= $1 × (1 + 0.2)

= $1.2

D2 = $1 × (1 + 0.2)²

D3 = $1 × (1 + 0.2)² × (1 + 0.15)

D4 = $1 × (1 + 0.2)² × (1 + 0.15)²

D5 = 3

Therefore,

Current price = $\frac{1.2}{(1 + 0.12)}$ + $\frac{\$1\times(1 + 0.2)^2}{(1 + 0.12)^2}$ + $\frac{\$1\times(1 + 0.2)^2\times(1 + 0.15)}{(1 + 0.12)^3}$ + $\frac{\$1\times(1 + 0.2)^2\times(1 + 0.15)^2}{(1 + 0.12)^4}$ + $\frac{\frac{\$3}{0.12}}{(1+0.12)^4}$

⇒ Current price = $20.50

6 0

4 years ago

Evergreen Corporation manufactures circuit boards and is in the process of preparing next year's budget. The pro forma income st

Monica [59]

Answer:

Operating Profit for next year will be $432,500

Explanation:

Particulars Current Year Next Year

Sales $3,500,000 $3,500,000 X 95%

= $3,325,000

Less: Costs

Material $500,000 $500,000 X 110%

= $550,000

Labor $250,000 $250,000 X 110%

= $275,000

Overhead $275,000 $275,000 X 110%

= $302,500

Fixed OH $600,000 $600,000 + $45,000

= $645,000

Gross Profit $1,875,000 $1,552,500

Less:

Selling & Administrative $750,000 $750,000 X 110%

= $825,000

Fixed Selling $250,000 $250,000 + $45,000

= $295,000

Operating Income $875,000 $432,500

Operating Profit for next year will be $432,500

5 0

3 years ago

Project A had an initial investment of $4 million, out of which $2 million has already been spent. A new Project B needs $1.5 mi

andrey2020 [161]

Answer:

A

Decision: Project A should be selected.

B

NPV =$40,909.09

Explanation

A

<em>Since the two projects would achieve the same objectives, the project with the lowest initial cost should be selected.</em>

Kindly note that the $2 million already spend on project A is not a relevant cash flow because it is sunk cost. Hence, the initial cos outlay of project A will be $2 million which will be spent should the project be undertaken.

Project B on the other hand would cost $1.5 million in initial cost which is $500,000 cheaper than project A.

Decision: Project A should be selected.

B

<em>The NPV is the difference between the PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite. </em>

NPV of an investment:

NPV = PV of Cash inflows - PV of cash outflow

Initial cost = 50,000

The NPV of the savings

NPV = 100,000× 1.1^(-1) - 50,000= 40,909.09

NPV =$40,909.09

8 0

3 years ago

The apr of emilio's savings account is 3.2%, and interest is compounded quarterly. if emilio does not withdraw or deposit any ad

butalik [34]

The answer is 9601.19

5 0

3 years ago