Answer:
$51,300
Explanation:
Given that,
Assets require = $380,000
Return on the invested capital, ROE = 13.5%
ROE = Net income ÷ Total Equity
0.135 = Net income ÷ $380,000
0.135 × $380,000 = Net income
$51,300 = Net income
Therefore, the net income must be expected to warrant starting the business is $51,300.
Note: Since, all of the total assets are financed by the common stock.
Maybe never because Term insurance isn't always there when you need it. Also you can only get term at certain points in your life. Whereas whole life is always available.
The answer is D. Operating, investing, and financing
Answer:
a. The cost of the marble will be expensive because of the bargaining power of the supplier.
Explanation:
Answer: 20.15%
Explanation:
The IRR is the discount rate that makes brings the Net Present Value to zero.
It can be solved for by various means including using Excel as shown in the attached file.
Year 0 -33790
Year 1 8,210
Year 2 9,890
Year 3 14,120
Year 4 15,930
Year 5 10,820
= IRR (-33,790
, 8,210
, 9,890
, 14,120
, 15,930
, 10,820
)
= 20.15%
