Business, 06.05.2020 01:58 mathsuxdix
The resort project would require a $20,500,000 investment. At the end of ten years, some of the equipment would have a salvage value of $300,000. The project would require additional working capital $450,000 in the form of an increase in the minimum balance required by their bank and this working capital would be released at the end of the project. The project would provide estimated net income each year as follows:Sales $6,500,000
Less variable expenses 4,275,000
Contribution margin $2,225,000
Less fixed expenses:
Fixed expenses* $1,115,000
Net income $1,111,000
Answers: 1
Business, 23.06.2019 12:30
Max maxwell's property is assessed at $412,500. he pays $5775.00 in property taxes, what is the property tax rate in his city?
Answers: 1
Business, 23.06.2019 13:20
Use the drop-down menus to complete each sentence. according to the theories of friedrich august von hayek, the economy may be too complicated to think in terms . hayek believed was dangerous and could lead to severe inflation. milton friedman supported changes policy to influence economic growth.answers : aggregates; expansionary policy; monetary
Answers: 3
Business, 23.06.2019 13:40
Nicholas makes $2,000 per month. he spends $300 on credit card payments and $350 on an auto loan. what is his debt-to-income ratio? 17.5 percent 22 percent 2.7 percent 32.5 percent
Answers: 1
The resort project would require a $20,500,000 investment. At the end of ten years, some of the equi...
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