Answer:
$102,348.034
Explanation:
It is a simple problem of Compound Interest, we have to find the Principle amount invested.
Given:
Future value (F) = $260,000
Rate(R) = 6% = 6/100 = 0.06
Number of years (n) = 16 years
Initial deposit (C) = ?
Calculation:
$260,000/2.54035168 = C
$102,348.034 = C
So, Initial cash Deposit = $102,348.034
Answer:
$374,900
Explanation:
Doctor Company Statement of Cash Flow
Net Income $307,000
Reconciliation of net income to net cash:
Depreciation expense 32,000
.
Decrease in accounts receivable 50,000
Increase in inventory (12,000)
Decrease in accounts payable (8,600)
Increase in income taxes payable 1,500
Loss on sale of land 5,000
Net cash provided (used)by operating activities $374,900
Answer:
Curtis
The total percentage return on the investment is:
= -7.86%.
Explanation:
a) Data and Calculations:
Initial share price at which the stock was purchased = $140
The selling share price = $119
Dividends earned during the stock ownership (holding period) = $10
Total returns, including proceeds from the sales = $129 ($119 + $10)
Total returns from holding the stock until sold
= Total returns + sales proceeds minus Initial purchase cost
= -$11 ($129 - $140)
Total percentage return on the investment = $11/$140 * 100
= 7.857
= 7.86%
Answer:Flour should be acquired through a contract.
Explanation: Acquiring flour through a contact will be very important for DonutVille as it will ensure a follow-up and a feedback system where the manager of DonutVille establish a relationship with the company supplying the flour through one of its distributors or agents.
When purchasing of flour is achieved through a contact, it makes the contact a responsible person who will be needed to guarantee the supply of flour on time and to Communicate with the manager of DonutVille should there be any matters arising in the process getting supplies.
Answer:
Multiple choices are:
18.5%
16.7%
34.6%
15.9%
The correct option is the last one,15.9%
Explanation:
The simple rate of return is the annual incremental net savings divided by the initial investment.
The annual incremental net savings is the annual savings recorded from the new process minus annual depreciation charge.
annual savings is $143,000
depreciation charge=cost of new equipment-salvage value of old equipment/useful life of the new equipment
depreciation charge=($414,000-$18,000)/6=$66,000
simple rate of return=$66,000/$414,000=15.9%
