THE MARKUP ON A NEW DIAMOND RING SHOULD BE 25% BASED ON THE SELLING PRICE. IF THE SELLER PAID $4,525.00 FOR ONE, THEN HOW MUCH SHOULD IT BE SOLD FOR TO ACHIEVE THE DESIRED MARKUP? A. $6,033.33 B. $4,550.00 C. $5,756.25 D. $5,000.00
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- ? SolutionGive correct answer with correct calculationAccounting Problem: The markup on a new diamond ring should be 28% based on the selling price. If the seller paid $7,325.00 for one, then how much should it be sold for to achieve the desired markup? a. $6,033.33 b. $4,550.00 c. $10,173.61 d. $5,000.00
- solve and give true optionsInvestment X offers to pay you $5,800 per year for eight years, whereas Investment Y offers to pay you $7,900 per year for five years. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.) Calculate the present value for Investment X and Y If the discount rate is 5%. Investment X Investment Y Present value Investment X Investment Y 14 Calculate the present value for Investment X and Y If the discount rate is 15%. Present value M PA15.
- Investment X offers to pay you $6,000 per year for nine years, whereas Investment Y offers to pay you $8,700 per year for five years. a. Calculate the present value for Investments X and Y if the discount rate is 6 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the present value for Investments X and Y if the discount rate is 16 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) X Answer is complete but not entirely correct. $ $ $ $ a. Investment X a. Investment Y b. Investment X b. Investment Y 40,800.00 36,627.00 27,600.00 X 28,449.00 XPlease Provide Answer with calculationYour factory has been offered a contract to produce a part for a new printer. The contract would last for three years, and your cash flows from the contract would be$5.01milion per year. Your upfront selup costs to be ready to produce the part would be$7.97million. Your discount rate for this contract is8.1%. a. What is the IRR? b. The NPV is$4.92million, which is positive so the NPV rule says to accept the project. Does the IRR rule agree with the NPV rule?
- JG Asset Services is recommending that you invest $1,400 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the CD matures? Select the correct answer. a. $1,645.16 b. $1,649.56 c. $1,662.76 d. $1,658.36 e. $1,653.96Need answerVaughn Excavating Inc. is purchasing a bulldozer. The equipment has a price of $97,600. The manufacturer has offered a payment plan that would allow Vaughn to make 10 equal annual payments of $15.883.95, with the first payment due one year after the purchase. x Your answer is incorrect. How much total interest will Vaughn pay on this payment plan? (Round factor values to 5 decimal places, eg 1.25124 and final answer to 0 decimal places, eg. 458.5811 Total interest 501877 Your answer is partially correct. Vaughncould borrow $97,600 from its bank to finance the purchase at an annual rate of 9% Click here to view factor tables Should Vaughn borrow from the bank or use the manufacturer's payment plan to pay for the equipment? (Round factor values to decimal places, s 1.25124 and final answer to O decimal places, eg 7%) 15.00 % Manufacturer's rate from the Da