The internal rate of return's shortcomings derive from the assumption that all future reinvestments will take place at the same rate as the initial rate.
<h3>What is
investments?</h3>
The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.
Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.
The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.
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Answer:
The amount you will have in your account at the end of the month is $53.20.
Explanation:
This can be calculated using the following simple formula:
Month end account balance = Initial deposit + Additional deposit - Sum of checks written - Bank service charge per month ................ (1)
Where;
Initial deposit = $46.82
Additional deposit = $78.36
Sum of checks written = $16.93 + $26.25 + $9.27 + $12.58 = $65.03
Bank service charge per month = $6.95
Month end account balance = $46.82 + $78.36 - $65.03 - $6.95
Month end account balance = $53.20
Therefore, the amount you will have in your account at the end of the month is $53.20.
A financial statement audit is the examination of an entity's financial information and accompanying exposures by a liberated auditor.
<h3>What is the main objective of the audit of financial statements?</h3>
The purpose of an audit of financial statements is to enable the auditor to communicate an opinion on whether the financial statements are prepared, in all material respects, by an applicable monetary reporting framework.
External auditors are accountable for auditing the company's financial statements and delivering reasonable assurance that they are presented fairly and following GAAP and that they recollect a true representation of the company's financial position and end of operations.
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Answer:
$600,000
Explanation:
Calculation for how much goes to the preferred stockholders
Using this formula
Preferred stockholders=Number of preferred shares outstanding * Preferred stock par value * Percentage of Annual dividend
Let plug in the formula
Preferred stockholders=50,000 x $100 x 0.12
Preferred stockholders= $600,000
Therefore If dividend is paid the amount of $600,000 goes to the preferred stockholders
Answer:
$0.37
Explanation:
The computation of the variable factory utility cost per case is as follows:
Variable factory utility cost is
= Change in cost ÷ change in units
= ($3,966 - $3,911) ÷ (1,000 cases - 85 cases)
= $0.37
Hence, the variable utility cost per case would be determined by dividing the change in cost from the change in units so that the per case would be correct