Answer:
$5,346.98
Explanation:
Initial cash flow = 76,000
Discount rate = 5%
Suppose the C.F. in the 7th year is x which will flow till perpetuity
Present value of annual cash flow till perpetuity = Annual cash flow / Discount rate
PV at the 7th year = x/0.05
Discount factor = (1 + r)^n
Discount rate = 5%
Years D. factor Cash flows
0 0 76,000
1 0.952381 -
2 0.907029 -
3 0.863838 -
4 0.822702 -
5 0.783526 -
6 0.746215 -
7 0.710681 x/0.05
So, 76000 = 0.710681 *(x/0.05)
76000 / 0.710681 = x / 0.05
x = 76000 / 0.710681 * 0.05
x = 5346.98408990813
x = 5346.98
Hence, if the interest rate is 5%, $5346.98 will be received annually from the 7th year
Hold you foot on the brakes, put key in Ignition twist key Clockwise until the Engine Starts, then just let the key go, and your car is up and running
Answer:
D: Geographic segmentation
Explanation:
Geographic segmentation is defined as the marketing strategy that primarily aims to target the distinct choice preferences of the customers across a specific region or area. DeConinck Co. is employing this strategy to understand the consumer needs and cater to the different types of demands of their customers residing across the region by producing and marketing products accordingly.
Answer:
6:1
Explanation:
Net credit sales is $120,000
Account receivable is $20,000
Cash collection on credit sales is $100,000
.
Therefore the receivables turnover ratio can be calculated as follows
= 120,000/20,000
= 6:1
Hence receivable turnover ratio is 6:1