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wariber [46]
1 year ago
5

Shortly after graduating college, Roberto took his place in his family's company in Miami. Roberto's father and uncle started a

company that buys bauxite, copper, and other minerals from Chile, and brings them into the U.S. Roberto brokers trades with mines in Chile. Roberto is a(n) _________.
Business
1 answer:
natta225 [31]1 year ago
6 0

Answer:

Importer.

Explanation:

An importer is an individual or entity that brings in products from foreign countries for sale domestically. Importers buy products that are produced in other countries. To the other country this is an export.

Roberto's father and uncle started a company that buys bauxite, copper, and other minerals from Chile, and brings them into the U.S. So the company is involved in importing activity.

Roberto brokers the trades with the mines in Chile.

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An investment pays you $30,000 at the end of this year, and $15,000 at the end of each of the four following years. What is the
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Answer:

Present value of the cashflow discounted at 5% per year 76,815.65

Explanation:

First, we calculate the present value of the 4 years 15,000 dollar annuity:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 15,000.00

time 4

rate 0.05

15000 \times \frac{1-(1+0.05)^{-4} }{0.05} = PV\\

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Now, we discount two more year as lump sum as this is two year after the invesmtent:

\frac{Maturity}{(1 + rate)^{time} } = PV  

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time  2.00

rate  0.05000

\frac{53189.2575624354}{(1 + 0.05)^{2} } = PV  

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Finally we also discount the 30,000 by one year

30,000 / 1.05 = 28571.43

<em><u>We add up both to get the present value:</u></em>

48,244.22 + 28,571.43 =  76,815.65  

8 0
2 years ago
The following budget information is available for the HD Sales Company (HDC) for January: Sales $ 320,000 Freight out $ .25 per
Mamont248 [21]

Answer:

The total budgeted selling and administrative expenses would be what amount on the January pro forma income statement is $113,400

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Computation of total budgeted selling and administrative expenses in the January pro forma income statement is shown below:

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where,

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So,

The total budgeted selling and administrative expenses is

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Since depreciation part is not be considered because it is a non cash expense so we don't include the depreciation cost in computation part.

Hence, the total budgeted selling and administrative expenses would be what amount on the January pro forma income statement is $113,400

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1 year ago
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crimeas [40]

Answer:

The authority compliance style

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]-0]-]'-0]

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