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2 years ago

Question 3

1 answer:

6 0

The next step which Heather should take after she has gotten a fraudulent call asking for her credit card details is to hang up and call her credit card company using the 1-800 number on the back of her card to inquire about the issue or report the attempted phone fraud.

As a result of this, we can see that Heather was a target of an attempted phone fraud where a caller asks her to give her 16-digit credit card details so that the supposed error could be cleared up.

It is worth noting that this information can be used to steal money from her checking account and Heather would best not give out such sensitive details over the phone, but call the company to see if the call is really from them.

Therefore, the correct answer is option C

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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return fro

lutik1710 [3]

Answer:

A. NPV for A= $61,658.06

NPV for B = $25,006.15

B. 1.36

1.17

Project A

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calcuated using a financial calculator

for project A :

Cash flow in

Year 0 = $(172,325)

Year 1 41,000

Year 2 47,000

Year 3 85,295

Year 4 86,400

Year 5 56,000

I = 10%

NPV = $61,658.06

for project B

year 0 = $ (145,960)

Cash flow in

Year 1 27,000

Year 2 52,000

Year 3 50,000

Year 4 71,000

Year 5 28,000

I = 10%

NPV = $25,006.15

profitability index = 1 + NPV / Initial investment

for project A, PI = $61,658.06 / 172,325 = 1.36

For project B, PI = $25,006.15 / 145,960 = 1.17

The project with the greater NPV and PI should be chosen. this is project A.

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

3 0

3 years ago

Find the missing data. CINNAMON AND SPICE, INC. Income Statement For the Year Ended December 31, Year 3 Revenues Sales Revenue $

sveta [45]

Answer:

Total revenues are $3,810,200, other selling and administrative expenses are $1,051,500, and net income is $364,600.

Explanation:

The sum of both revenues will be the total revenue.

Revenues Sales Revenue $ 3,000,000

Service Revenue 810,200

Total Revenues 3,810,200

From the total expenses, we subtract all the know expenses to get S&A expenses:

Total Expenses 3,445,600

Expenses Salaries and Wages Expense (1,314,900)

Advertising and Promotion Expenses (482,200)

Interest Expense (225,600)

Other Expenses (253,700)

Income Tax Expense (117,700)

Other Selling and Administrative 1,051,500

Net income will be total revenues less total expenses:

3,810,200 - 3,445,600 = 364,600

6 0

3 years ago

How to check walgreens employee schedule?

FinnZ [79.3K]

If you were not aware, not every walgreens store has its own website... so there is no way to check online enless your boss or specific store has set something up. The internet cannot help you on this one.

7 0

3 years ago

Accrual accounting: A. results in the balance sheet showing the fair value of the entity's assets. B. is designed to match reven

satela [25.4K]

Answer:

The answer is B. is designed to match revenues and expenses.

Explanation:

Accrual Accounting method records revenues and expenses when they are incurred, regardless of when cash is received or paid.

5 0

3 years ago

The balance sheet of ABC reports total assets of $1,500,000 and $1,700,000 at the beginning and end of the year, respectively. N

Andrej [43]

Answer:

15%

Explanation:

Average Assets = (Opening asset + Closing asset) / 2

Average Assets = ($1,500,000 + $1,700,000) / 2

Average Assets = $3,200,000 / 2

Average Assets = $1,600,000

Return on assets = Net Income / Average assets

Return on assets = $240,000 / $1,600,000

Return on assets = 0.15

Return on assets = 15%

7 0

3 years ago