Answer:
$1829000.
Explanation:
Given: Cash sales, $540,000.
Credit sales, $1,440,000.
Sales returns and allowances, $99,000.
Sales discounts, $52,000
Now, computing net sales of Newark.
Net sales=
Net sales=
⇒ Net sales=
∴ Net sales=
Hence, Newark´s net sales is $1829000.
Answer: annual withdrawal limit is $173,977.05
Explanation:
below is an attached image of the solved problem.
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⇒ The annual withdrawal limit is $173,977.05
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Answer:
market operations ? markets have operations?
Answer:
NPV= $1,983,471.1
Explanation:
Giving the following information:
To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.
The formula is:
NPV= -Io + ∑[Rt/(1+i)^t]
where:
R t =Net cash inflow-outflows during a single period t
i=Discount rate of return that could be earned in alternative investments
t=Number of timer periods
NPV= -10,000,000 - 5,000,000/1.10 + (20,000,000/1.10^2)
NPV= $1,983,471.1
Jim&Jenny Inc., an investment service firm, regularly donates to nonprofit organizations for various social causes and events. This scenario illustrates that the company is fulfilling its Corporate social responsibility.
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Explanation:</u></h3>
A policy that an organisation follows through which it involves in some charitable activities or contributes something to the society in fulfilling its social goal refers to corporate social responsibility. It can be considered as an ethical strategy that is followed by an organization. It was also considered as a mandatory practice by many organisation operating at different levels.
In the example given, the organisation named Jim&Jenny Inc denotes to non profit organisation for many social causes and events. Hence this scenario can be considered as a corporate social responsibility of that firm and hence it is fulfilling it.