Answer:
to earn money to feed their families, to pay their bills, to go places,
Explanation:
Answer:
Company X:
Sales :
= Gross Profit + Cost of goods sold
= 245 + 330
= $575
Operating expenses:
= Gross profit - Net income
= 245 - 30
= $215
Company Y
Gross profit:
= Sales - Cost of goods sold
= 1,270 - 790
= $480
Net income:
= Gross profit - Operating expenses
= 480 - 525
= $(45)
Company Z
Operating expenses :
= Gross profit - Net income
= 525 - (-20)
= 525 + 20
= $545
Cost of goods sold:
= Sales - Gross profit
= 970 - 525
= $445
Answer:
B. You can get a volume discount on your products.
I hope this helps!
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
A friend of Mr. Richards recently won a law suit for $30 million. They can either take the payments over 10 years or settle today for cash of $25 million. Mr. Richard is optimistic that he can earn a 6% return on the money and that they should settle for $25 million today and he will invest it for them.
First, we need to find the present value of the 30 million.
To do that we need to calculate the final value.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {3,000,000*[(1.06^10)-1]}/0.06= 39,542,385
PV= FV/(1+i)^n= 39,542,385/1.06^10= 22,080,261
B) Now we know that the present value of option B is higher. One dollar today is better than one dollar tomorrow. It is better to receive the money now to invest it.
The right to trade in investment over a certain period of time is called C. Option.
