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valkas [14]
2 years ago
7

: You take advantage of a fad. Over the next 4 months, you estimate that this will boost your $23,500 monthly revenue by 26%, an

d then fall back to normal after that. How much revenue did the fad bring in?
a) $8,940
b) $16,870
c) $24,440
d) $40,610
Business
1 answer:
KIM [24]2 years ago
3 0

C

MONTHLY REVENUE: 23500

% INCREASE IN MONTHLY REVENUE : 26%

SO, INCREASE FOR A MONTH = 26/100 * 23500 =6110

SO, INCREASE FOR 4 MONTHS WILL BE =6110 * 4= 24440

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Filter Corp. maintains a debt-equity ratio of .45. The cost of equity is 14.7 percent, the pretax cost of debt is 8.1 percent, a
trapecia [35]

Answer:

11.78%

Explanation:

Weighted average cost of capital WACC determines firms cost of capital. It includes all sources of finance which are included in firms capital structure. The WACC is calculated with given formula:  

WACC = E/V Re + D/V * Rd (1 - T)

Re = cost of equity

V = Firms Market value of Debt and Equity

Rd = Cost of debt

E = market value of equity

D = market value of debt

T = Marginal Tax rate

WACC = 14.7 * 1 / 1.45 + 8.1 * 0.45 / 1.45 (1 - .34)

WACC = .1013 + 0.0165

WACC = 11.78%

7 0
2 years ago
You want to start an organic garlic farm. The farm costs $190,000, to be paid in full immediately. Year 1 cash flows will be $25
valentina_108 [34]

Answer:

internal rate of return 31.8%

Explanation:

on excel we will list each cash flow:

Y0 -190,000

Y1   25,000

Y2    37500 (Y1 x (1+g) = 25,000 x 1.05)

Y3 56250    (37,500 x 1.05)

Y4 84375     (56,250 x 1.05)

Y5 386562.5 (84,375 x 1.05 + 260,000 from the sale)

we now write =IRR( and select the cells then, press enter

the IRR function return: 31.8503%

we round into 1 percent 31.8%

3 0
2 years ago
excerpts from hulkster company's december 31, 2021 and 2020, financial statements are presented below: 2021 2020 accounts receiv
elena-14-01-66 [18.8K]

Answer:

2.00 times

Explanation:

The computation of receivables turnover ratio is shown below:-

Receivable turnover ratio = Net Sales ÷ (Beginning receivables + Ending receivables) ÷ 2

= $212,000 ÷ ($60,000 + $46,000)

= $212,000 ÷ $106,000

= 2.00 times

Therefore, for computing the receivable turnover ratio of 2021 we simply applied the above formula and as per the question the option is not available.

3 0
2 years ago
The cover letter should _____. a. be a minimum of two pages in length b. never ask for an interview c. introduce you to an emplo
eimsori [14]

✧・゚: *✧・゚:*    *:・゚✧*:・゚✧

                  Hello!

✧・゚: *✧・゚:*    *:・゚✧*:・゚✧

❖ The cover letter should c. introduce you to an employer.

~ ʜᴏᴘᴇ ᴛʜɪꜱ ʜᴇʟᴘꜱ! :) ♡

~ ᴄʟᴏᴜᴛᴀɴꜱᴡᴇʀꜱ

8 0
2 years ago
Read 2 more answers
(6) Erik receives an eight-year annuity-immediate with monthly payments. The first payment is $300 and payments increase by $6 e
Tamiku [17]

Answer:

  • <u>$70,264.03</u>

Explanation:

You need to calculate the value of 8 × 12 = 96 different cash flows.

There is not a formula to calculate that, because the<em> $6 dollar increase</em> does not represent growing with a constant rate.

The monthly payments are:

Month            payment ($)

0 (today)             300

1                           306

2                          312

3                          318

n                          306 + 6 (n-1)

96 (last)               876

Then you must create a spreadsheet with these features:

  • Five columns
  • First column is the month, and starts with month 0 (today)
  • Second column is the initial balance, the first balance is 0
  • Third column is the interest: it is calculated as the monthly interest by the initial balance. The monthly interest is 6%/12 = 0.06/12 = 0.005
  • Fourth column is the amount deposited: for month zero it is $300, and every month you add $6.
  • Fith column is the final balance: it is the sum of the initial balance (second column) + interest (third column) + deposit (fourth colum)
  • 96 rows: 8 years × 12months/year = 96 months.
  • The initial balance of each row is equal to the final balance of the previous row.

Here a sample of the first three rows:

Month  Initial balance  Interest                    Deposit     Final balance

 0                  0                   0                          300          300

 1                 300             300×0.005 = 1.5    306          607.5

 2                607.5          607.5×0.005           312          922.54

When you do it up to the row 96, the final balance is <em>the balance in the acccount at the end of the eight years</em>.

The last row of your spreadsheet will show:

96           69,042.81      345.21                    876         70,264.03

Thus, <em>the balance at the end of eight years will be $70,264.03</em>

7 0
2 years ago
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