How much deposited in savings account earning annually
How much will $1,000 deposited in a savings account earning acompound annual interest rate of 6% e worth at the end of thefollowing number of years?
a) 3 years
b) 5 years
c)10 years
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A new manufacturing machine is expected to cost $286,000, have an eight-year life, and a $30,000 salvage value. The machine will yield an annual incremental after-tax income of $35,000 after deducting the straight-line depreciation.
Fenwick Corporation's manufacturing and finished goods warehouse facilities burned to the ground on January 31. The loss was fully covered by insurance.
Calculate the net present value of cash flows using total cost approach if he sells the property.(Negative amount should be indicated by a minus sign.
Explain what useful information is derived from index-number trend analysis.
How much will $1,000 deposited in a savings account earning a compound annual interest rate of 6% e worth at the end of thefollowing number of years?
Nagel, Inc. has sales of $330,600, total assets of $252,100, and a profit margin of 7.5 percent. What is the return on assets?
Hugo Reyes Company had the following account balances at year-end: Cost of Goods Sold $60,000; Inventory $15,000; Operating Expenses $29,000.
Chris's Cookie toppings makes payment on its inventory purchase as follows: 25% in the month of purchase, 65% in the following month, and 10% in the second month following purchase.
The expected gross profit rate is 40% and the inventory at the end of February was $10,000. Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold. What is the desired beginning inventory on June 1?
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