Answer:
The correct answer is $720 in Year 1 and $240 in Year 2 Next.
Explanation:
According to the scenario, the given data are as follows:
Loan Amount =$16,000
Rate of interest = 6%
Time period for first year (Apr - Dec) = 9 months
Time period for second year ( Jan - Mar) = 3 months
So, we can calculate the amount of interest by using following formula:
For first year:
Amount of interest (1st year) = $16,000 × 6% × 9 ÷ 12 = $720
Amount of interest (2nd year) = $16,000 × 6% × 3 ÷ 12 = $240
The main purpose of price/sales multiple ratio is typically only for the purpose of valuation of firms having no earnings till the date of valuation. Therefore, the given statement holds true.
<h3>What is the significance of Price/Sales ratio?</h3>
Price/Sales ratio can be referred to or considered as a ratio that is used to determine the total sales made by the company without earning any profits over their sales at a given price.
Investors use this ratio in order to valuate a firm based on the sales they have made in multiples, however without earnings, that can prove to derive good investment returns in the future.
Therefore, the aforementioned statement regarding price/sales ratio holds true.
Learn more about price/sales ratio here:
brainly.com/question/14856408
#SPJ4
Answer:
The money invested does not build wealth
Explanation:
The answer to the blank space of the statement is project manager.
A project manager is a person whose <u>main responsibility is to manage the planning, procurement, and execution of a project from start to finish</u>. This also includes determining what milestones can be managed in-house (by people inside the company) or should be done by subcontractors or consultants.
Answer:
The correct answer is 3,175,300.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the number of shares by using following formula:
Number of shares = [ Outstanding + ( Additional share × Months) + ( Additional share × Months)] × 1+Dividend
By putting the value, we get
= [2,600,000 + (280,000 × 6/12) + (280,000 × 3/12)] × 1.13
= [ 2,600,000 + 140,000 + 70,000 ] × 1.13
= 3,175,300
