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Inventory purchases budget:
January
February
March
Quarter
Budgeted cost of goods sold
2,40,000
3,60,000
1,80,000
7,80,000
Add desired ending inventory
90,000
45,000
30,000
Total needs
3,30,000
4,05,000
2,10,000
8,10,000
Less beginning inventory
60,000
Required purchases
2,70,000
3,15,000
1,65,000
7,50,000
How do you calculate the budget cost of goods sold, desired ending inventory, less beginning inventory and required purchases.
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At the beginning of the month, you owned $4,900 of News Corp, $8,800 of First Data, and $6,300 of Whirlpool. What’s your portfolio return?
Jaime sells a bond to the Iron Bank of Bravos for 18,000 golden crowns at an interest rate of 17%. Twenty years later, the bank demands repayment in full. Since Jaime has never paid any interest, how much does Jaime owe?
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Discuss the net present value method used in the capital budgeting decision.
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The firms management feels that the dividend will remain constant.
Albert Einstein once remarked that the greatest mathematical discovery of all time was compound interest.
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