Answer: $35,000
Explanation:
The payments of $1,033.34 at the end of every month is a constant amount which makes it an annuity.
Present value of annuity:
= Annuity * (1 - (1 + rate) ^-no. of periods) / rate
Rate needs to be made a monthly rate:
= 4%/12
= 4/12%
= 1,033.34 * ( 1 - ( 1 + 4/12%) ⁻³⁶/ 4/12%
= $35,000
Purchase price = Down payment + Present value of annuity
= 4,000 + 35,000
= $39,000
<span>If airlines are going to mine data from a captive audience several thousand feet in the air then they need to make a bigger deal of noting it. Much like the safety demonstration, before take off they should include a brief statement and have a Q & A sheet in the seat back. In this day and age protecting personal information is a touchy subject and not everyone is aware of that. You would think with the negative press for airlines these days and the huge debacles of cyber attacks and information leaks that airlines would be a bit more transparent on this practice.</span>
Answer:
The correct option : D)
<u> $ 44.35
</u>
Explanation:
Price Earning ( P/E) Ratio is computed as : Market Price of the Stock / Earnings per Share (EPS) or
Market price of the stock = P/E Ratio x EPS
Market price of Novartis share = 13.24 x $ 3.35 = $ 44.35
Price to Book ( P / B) :
Go to the balance sheet of the company. Find out the book value of stockholders' equity. Divide the value by the number of common shares outstanding. That would give you the book value of each common share. Divide the market price of the stock by its book value. This is the P/B ratio.
Answer:
Budgeted purchases for second quarter is 165000 pounds
Explanation:
The per unit requirement of material A is 2 pounds.
We first need to calculate the closing inventory of Material A at the end of first quarter and at the end of second quarter.
<u />
<u>End of first quarter</u>
The closing inventory for First quarter should be enough to meet 25% production requirement for next quarter. 25% production requirement for second quarter is 40000 pounds.
Production requirement - Second quarter = 80000 * 2 = 160000
25% of 160000 = 40000 pounds
<u />
<u>End of second quarter</u>
The closing inventory for First quarter should be enough to meet 25% production requirement for next quarter. 25% production requirement for second quarter is 45000 pounds.
Production requirement - Second quarter = 90000 * 2 = 180000
25% of 180000 = 45000 pounds
Budgeted Purchase -Second quarter = Closing Inventory in pounds + production in pounds - Opening Inventory in pounds
Purchase requirement - First quarter = 45000 + 160000 - 40000 = 165000 pounds
Answer: Production orientation
Explanation: It refers to a strategy when the company focuses only to provide the best quality product in the market without taking into consideration the preference of the customers.
In the given case, Steel makers are focusing on making their business process the best in market so that they can gain a competitive advantage.
Thus, from the above we can conclude that the correct option is C.
