Environmental recovery company RexChem Partners plans to finance a site reclamation project that will require a 4-year cleanup period. If the company borrows $4.1 million now, how much will the company have to get at the end of each quarter in order to earn 15% per year, compounded weekly on its investment?
Answers
Answer:
728,839.57883 per quarter.
Explanation:
1. Effective Annual Rate = 10%
Effective rate continuously compounded = eln(1+r) - 1
ln(1.1) = 0.09531018
Montly rate = 0.09531018/12 = 0.07942515
e0.07942515 -1 = 0.00797414
Hence, monthly continuous rate =
0.797414%
2. Effective Quarterly rate
= (1+(Rate per year/52))Number of weeks
=(1+Rate per quarter)4,
(1+(0.15/52))208=(1+r)4,
r = 16.1583394% per quarter
Now, using the PMT function in excel,
=PMT(16.1583394%,16,-4100000)
728,839.57883
per quarter
Therefore In order to earn 15% per year compounded weekly on its investment at the end of each quarter, the company will have to get $728,839.57883
Related Questions
solve this challenge delay in payment of contribution by employee, by going through these steps, identify the problem, identify the alternative solution, evaluate alternative solution, select the best Alternative, implementation and follow up .in Zanzibar social security fund
Answers
To address the issue of delayed payment of contributions by employees to the Zanzibar Social Security Fund, it is crucial to follow a systematic approach.
How can the problem of delayed payment of contributions be addressed?Firstly, the problem needs to be identified which is the delay in payment of contributions by employees. This delay will result in financial instability for the fund and may hinder its ability to provide social security benefits to its members in a timely manner.
The alternative solution to this problem could be implementing stricter enforcement measures and penalties for late payments. By imposing significant fines or penalties for delayed contributions, employees would be incentivized to make timely payments to the fund.
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If I travel to New York City from Boca Raton every weekend for 10 years, I am still considered a tourist in New York City.
Answers
Answer:
Yes
Explanation:
Yes, in any State or Country that you are not a permanent resident in you would be considered a tourist. In this scenario, you are a permanent resident of Boca Raton, Florida and only visiting New York City on weekends. Regardless of how frequent, since you are not a permanent resident and only travel on weekends to see the city or have fun then in the eyes of the law you are technically a tourist in the city.
HELPPPP MEEEEE
i need help writing this
Answers
Answer: To increase your total income, you can use your earning power in the following ways:Improve your skills: One way to increase your earning power is to acquire new skills or enhance the ones you already have. Consider taking courses, attending workshops or seminars, or pursuing a higher degree to become more valuable to your employer or clients.Negotiate your salary: If you believe you are being paid less than what you are worth, you can negotiate with your employer for a raise. Present a strong case for why you deserve a higher salary and demonstrate how your skills and performance have added value to the organization.Look for higher paying opportunities: If you feel that your current job is not paying you enough, you can explore other job opportunities that pay more. Conduct a job search, network with professionals in your industry, and apply to positions that offer a higher salary.Start a side business: You can also increase your total income by starting a side business. Identify your skills and interests and start a business that aligns with them. This can be a source of passive income or a full-time venture if it becomes successful.Invest your money: Investing your money can be another way to increase your total income. Research and invest in stocks, mutual funds, real estate, or other investments that offer a potential return on investment. However, it's important to remember that investing involves risk and you should always consult a financial advisor before making any investment decisions.
Marco's Driving School, Inc. has corporate reserves of about $20,000. If these reserves are not used within the next year, it is most appropriate for the company to _____.
leave it in the account
purchase another driving school car with it
move the reserves to an operating account
add it to a capital fund
Answers
In the scenario given, If these reserves are not used within the next year, it is most appropriate for the company to leave it in the account. (Option A).
What is a Reserve?In finance, a reserve is a portion of a company's profits that is set aside for a specific purpose, such as to cover future expenses or unexpected losses. Reserves can also refer to funds set aside by a central bank or government to stabilize the economy or manage currency exchange rates.
Additionally, a reserve can also refer to assets set aside by a financial institution to meet potential loan losses or other contingencies. Since reserves are meant for specific purposes, if they are not used, it is appropriate to leave it in the account.
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An asset was sold during the year. The cost of the asset was $64,500. The asset was depreciated for four years, using the straight-line method at 10% per annum. The proceeds from the sale of this asset was $38,700. What was the gain or loss on the asset, if any?
Answers
Answer:
There was a loss on the asset of $3,618.45.
Explanation:
Given that an asset was sold during the year, and the cost of the asset was $ 64,500, after which the asset was depreciated for four years, using the straight-line method at 10% per annum, and finally the proceeds from the sale of this asset was $ 38,700, to determine what was the gain or loss on the asset, if any, the following calculation must be performed:
64,500 x 0.9 ^ 4 = X
42,318.45 = X
42,318.45 - 38,700 = X
3,618.45 = X
Thus, there was a loss on the asset of $ 3,618.45.
Answer:The company made no gain or loss on this sale
Explanation:
Cori's Corporation, has a book value of equity of $14,130. Long-term debt is $8,150. Net working capital, other than cash, is $2,140. Fixed assets are $19,470 and current liabilities are $1,760.
How much cash does the company have?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
What is the value of the current assets?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
Answers
Answer: To calculate the amount of cash that the company has, we need to use the accounting equation:
Assets = Liabilities + Equity
We can rearrange this equation to solve for assets:
Assets = Liabilities + Equity
Assets = Long-term debt + Net working capital, other than cash + Fixed assets + Current liabilities + Book value of equity
Assets = $8,150 + $2,140 + $19,470 + $1,760 + $14,130
Assets = $45,650
Now, to find the amount of cash the company has, we need to subtract all the other assets from the total assets:
Cash = Assets - (Long-term debt + Net working capital, other than cash + Fixed assets)
Cash = $45,650 - ($8,150 + $2,140 + $19,470)
Cash = $15,890
Therefore, the company has $15,890 in cash.
To find the value of the current assets, we can add the net working capital, other than cash, to the current liabilities:
Current assets = Net working capital, other than cash + Current liabilities
Current assets = $2,140 + $1,760
Current assets = $3,900
Therefore, the value of the current assets is $3,900.
Liu Zhang operates Lawson Consulting, which began operations on June 1. On June 30, the company’s records show the following accounts and amounts for the month of June.
Cash $ 6,500 Service revenue $ 12,900
Accounts receivable 4,800 Equipment 6,800
Accounts payable 3,800 Rent expense 2,300
L. Zhang, Withdrawals 1,800 Wages expense 8,000
Need an income statement for june
Answers
Answer:
Lawson Consulting
LAWSON CONSULTING
Income Statement for the month ended June 30
Service revenue $ 12,900
Rent expense 2,300
Wages expense 8,000 10,300
Net income $2,600
Explanation:
a) Data and Calculations:
Cash $ 6,500
Accounts receivable 4,800
Equipment 6,800
Accounts payable 3,800
L. Zhang, Withdrawals 1,800
Service revenue $ 12,900
Rent expense 2,300
Wages expense 8,000
b) The income statement for the month of June summarizes Lawson's revenue and expenses, giving rise to a net income of $2,600. On the statement, the financial profitability of the business is determined. Only temporary accounts from the list of account balances are used to prepare the statement.
Requirement 2. How much is the owner's equity of the property management company? Irene Chan has $ of equity in the property management company?
Answers
The information provided is incomplete as the amount of equity or any specific details about Irene Chan's investment in the property management company are not given. Therefore, without knowing the specific amount or percentage of equity Irene Chan holds in the company.
it is not possible to determine the exact value of the owner's equity or Irene Chan's equity in the property management company.Equity represents the ownership interest in a company and is calculated by subtracting the company's liabilities from its assets. However, since no information is provided regarding the company's liabilities, assets, or Irene Chan's investment.
We cannot calculate the owner's equity or determine Irene Chan's specific equity in the property management company.To accurately determine the owner's equity or Irene Chan's equity, it would be necessary to have additional information about the company's financial statements, investments, and any other relevant details regarding ownership stakes or capital contributions.
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Các yếu tố nào cần được so sánh khi tiến hành định giá công việc
Answers
Answer:
dndjdjojuiuhuhahuhauhahhahu
what is the rate of return when 30 shares of stock A, purchased for $20/share, are sold for $720? The commission on the sale is $6
Answers
The rate of return on the investment is 19% for the 30 shares of stock and if the cost of each share is $20.
The Number of shares = 30
Cost of stock A = $20 per share
Total cost of 30 shares = 30 shares x $20/share = $600
The total cost of shares if the 30 shares were sold for $720, after paying a 6$ commission is:
$720 - $6 = $714
The profit from these sales are:
$714 - $600
profit = $114
The rate of return can be estimated as:
Rate of return = (Profit from sales / Total cost of cost) x 100%
Rate of return = ($114 / $600) x 100%
Rate of return = 0.19 x 100%
Rate of return = 19%
Therefore, we can conclude that the rate of return on the investment is 19%.
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In 1989, the cpi was 124. 0. In 1990, it was 130. 7. What was the rate of inflation over this period?.
Answers
Inflation rate in Year 2
= CPI in Year 2 - CPI in Year 1 X 100
CPI in Year 1
= 5.4
If inflation remains extended for too long, it can lead to something economists call hyperinflation. That is when expectations that fees could keep growing fuel greater inflation, which reduces the actual fee of every dollar in your pocket.
Economists and economic professionals agree on one element: better fees will in all likelihood close nicely into the next 12 months if no longer. And means individuals will keep experiencing the ache of higher fees for the foreseeable destiny.
Inflation will harm folks who keep cash financial savings and workers with constant wages. Inflation will benefit people with massive money owed who, with growing prices, locate it less complicated to pay back their debts.
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Which of the following is an advantage of paying by check rather than with a debit card?
A. If you write enough checks each month, the bank will not charge a fee for your account.
B. The fee charged by your bank is generally lower for a check than a debit card purchase.
C. The amount that you paid will not be immediately taken from your bank account.
D. A check is more likely to be accepted than a debit card.
Answers
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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Bombas makes socks and T-shirts which it sells to consumers online. It uses the _______ channel.
Answers
Bombas makes socks and T-shirts which it sells to consumers online. It uses the Direct-to-consumer channel.
Direct-to-consumer (DTC) is a sales channel that allows brands to sell their products directly to consumers without the need for intermediaries like wholesalers or retailers. Bombas, a company that makes socks and T-shirts, uses the DTC channel to sell its products online. By doing so, Bombas can offer its products at a lower price point and have more control over the customer experience.
DTC also allows companies to gather valuable customer data and feedback, which can be used to improve products and marketing strategies. Overall, DTC has become a popular channel for many brands, especially those in the e-commerce space, looking to build strong relationships with their customers and increase profitability.
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how the fourth industrial revolution affects education
Answers
The fourth industrial revolution, also known as Industry 4.0, is bringing about a massive transformation in the way we live, work and learn.
What is industrial revolution?The Industrial Revolution was a period of time in the 18th and 19th centuries when major changes in agriculture, manufacturing, and transportation had a profound effect on the socioeconomic and cultural conditions in Britain.
It is characterized by the increased use of technologies such as artificial intelligence (AI), the Internet of Things (IoT), robotics, and 3D printing. These changes are having a profound effect on education, from the way students learn to the way teachers teach.
One of the major impacts of the fourth industrial revolution on education is the shift from traditional instructional methods to more personalized, adaptive learning. With the use of AI and machine learning, students can now receive tailored instruction and content that is tailored to their individual learning styles and needs. This not only helps to increase student engagement and achievement, but also helps teachers to better meet the needs of their students.
Another way the fourth industrial revolution is affecting education is through the increased use of technology in the classroom. Technologies such as virtual reality and augmented reality are being used to create immersive learning experiences, while collaborative platforms are being used to facilitate group discussions and activities. This increased use of technology is allowing students to gain more hands-on experience and to better understand complex concepts.
Finally, the fourth industrial revolution is also having an impact on how students are assessed. With the use of AI and machine learning, teachers are able to gain insights into student performance and assess them in real time. This not only allows for more accurate assessment and feedback, but also helps to ensure that students are learning the material effectively.
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David and Rose both work as artists. David can produce 3 small sculptures each day or 15 paintings. Rose can produce 2 sculptures or 6 paintings each day. What is the opportunity cost of sculpting for David
Answers
Based on his production capacity, David's opportunity cost for sculpting is 5 paintings.
What is opportunity cost?It refers to the production quantity that we give up in order to produce more of another good.David can either produce 3 sculptures or 15 paintings. If he gives up one sculpture, he will be able to produce:
= Number of paintings / Number of sculptures
= 15 / 3
= 5 paintings.
In conclusion, the opportunity cost of sculpting is 5 paintings.
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An office's computers are connected in a mesh topology. How many cables are required to connect four computers to each other?
Answers
Which question can best help a consumer assess risk when purchasing insurance? How much must be paid to make a claim? What problems are most likely to happen? What are the possible payouts on a claim? How much are the monthly premiums?
Answers
Answer: the answer is : What problems are most likely to happen?
Explanation:
Answer:
b
Explanation:
What resource is available to help scope out your clients' needs in QBO
Answers
There are ways to use a filter in one's client list so as to aid one to see the needs of the clients in a QuickBooks Online. This is done through Client list lead filter or the new Client Overview feature.
Why use a Client list lead filter or QuickBooks Online Client list lead filter is often used by firms that has multiple employees. With this, one can organize one's team by giving everyone a lead bookkeeper to all client in one's QuickBooks Online Accountant client list.Through the assignment process, One can filter his or her client list so as to only see the clients that has been given to you or one of your team members.
The new Client Overview feature is a feature on the QuickBooks Online (QBO). It is a Client Overview that helps one to know more about prospect's QBO file and quickly have a rough overview of how much work one needs to do in cleaning up and maintaining the books.
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When the price of cheeseburgers is equal to $6, the quantity demanded of cheeseburger is equal to 1,200 and the quantity supplied is equal to 700. The price per cheeseburger will...
A)remain constant because the market is in equilibrium.
B)decrease because there is an excess demand in the market.
C)increase because there is an excess demand in the market.
D)decrease because there is an excess supply in the market.
Answers
The quantity supplied of cheeseburger is less than the quantity demanded. Therefore, the price will C. increase because there is an excess demand in the market.
What is supply?Supply simply means the number or goods and services that a supplier is willing to sell at a particular price and time.
In this case, the quantity supplied of cheeseburger is less than the quantity demanded. Therefore, the price will increase.
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When a company pays for a golfer to wear their brand during a major golf tournament, it is considered a _____________ promotion.
Direct Marketing
Sales Promotion
Sponsorship
Personal Selling
Answers
personal selling
Explanation:
I’m not sure I might be wrong
When a company pays for a golfer to wear their brand during a major golf tournament, it is considered a sales promotion
Sales promotion simply means the marketing strategy that's used by a company to enhance sales and thereby improve the revenue of the company.
In this case, since a company pays for a golfer to wear their brand during a major golf tournament, it is a sales promotion as the company will get an increase in sales.
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A break-even analysis includes operating expenses and total monthly debt payments,
plus
school costs.
gross profit margin
net profit margin
zero term margin
Answers
Answer:
I need answerExplanation:
Answer:
gross profit margin
Explanation:
Which is the primary characteristic of all physical and digital sales channels?
A: Market dominance
B: Branding
C: Closing sales
Answers
a key economic objection to unregulated, profit-maximizing monopoly is that in the short-run monopolists:
Answers
One of the main economic arguments against unchecked, profit-maximizing monopolies is that, in the short run, they limit output to levels where their products are valued higher than their marginal cost of production.
What do you mean by Monopoly?A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces.
The quantity of goods produced at which marginal revenue equals marginal cost, or when MR = MC, is the decision that will maximize profits for the monopoly. If the monopoly produces less, MR > MC at given output levels, and the enterprise can increase profits by increasing output.
By equating marginal cost and marginal revenue in a monopolistic market and solving for the cost of a single good and the necessary production volume, a firm can optimize its overall profit.
Therefore, Restrict output to levels at which their products are valued more than the marginal cost of producing them.
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WHAT IS Segmentation,
Answers
Answer:
Segmentation is to divide something into separate parts or sections
eva always wanted to be a veterinarian
Answers
Good for Eva then. lol
Sean is a baseball player who earns $890,000 per year playing for team X. If he weren't playing baseball for team X, he would be playing baseball for team Y and earning $660,000 per year. If he weren't playing baseball at all, he would be working as an accountant earning $90,000 per year. What is his economic rent as a baseball player?
Answers
Answer: The answer is given below
Explanation:
Economic rent is a payment to a factor of production that is in excess of the costs which are needed to bring the factor into production. It is the payment in excess of the opportunity cost.
Economic rent = Present opportunity - opportunity cost.
Sean is a baseball player who earns $890,000 per year playing for team X. If he weren't playing baseball for team X, he would be playing baseball for team Y and earning $660,000 per year. His economic rent in this case will be:
Economic rent = Present opportunity - opportunity cost.
= $890,000 - $660,000
= $230,000
If he weren't playing baseball at all, he would be working as an accountant earning $90,000 per year. His economic rent in this case will be:
Economic rent = Present opportunity - opportunity cost.
= $890,000 - $90,000
= $800,000
Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. what is the hurdle rate? With Explanation
Answers
If Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. The hurdle rate is 9%.
How to find hurdle rate?First step is to find the investment turnover using this formula
Investment turnover=Sales/invested capital
Investment turnover = ($14,000 / $400,000) × 2
Investment turnover = 0.035 × 2
Investment turnover =0.07
Second step is to find the hurdle rate using this formula
Hurdle rate = ROI - Investment turnover
Hurdle rate = 0.16 - 0.07
Hurdle rate = 0.09× 100
Hurdle rate = 9%
Therefore the hurdle rate is 9%.
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QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)
Answers
Answer:
rat
Explanation:
At what stage in the data analytics project for revenue analysis would you evaluate data visualization and business intelligence requirements
Answers
Data analytics is very vital in revenue analysis. The stage in the data analytics project for revenue analysis would you evaluate data visualization and business intelligence requirements is;
After gathering requirements and considering other factors.Why is data visualization necessary in data analysis?Data visualization is very important as it helps one to have a good idea of what the information is all about by helping us see the visual context through maps or graphs.
Conclusively, It helps makes the data more natural for our human comprehension and then it makes it more okay to identify trends, patterns etc. in any large data sets.
See full question below
At what stage in the data analytics project for revenue analysis would you evaluate data visualization and business intelligence requirements?
At the very beginning of the revenue analysis project.
After reviewing historical revenue analysis but before framing the revenue analysis questions.
After evaluating organizational capabilities and gaps but before considering other factors.
After gathering requirements and considering other factors.
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