User Account

All Pages

What is his economic profit from the sale

Assignment Help Accounting Basics
Reference no: EM131581329

Question - James withdrew $250,000 from his own savings account in order to purchase a hardware store. After one year, James sold the business for $320,000.

Assuming that James' bank always pays its savings account holders an annual interest rate of 15%, what is his economic profit from the sale of the hardware store?

Reference no: EM131581329

Questions Cloud

Derive the group members separate taxable incomes : Use the computational worksheet of Exhibit 8.3 to derive the group members' separate taxable incomes and the group's consolidated taxable income
Write one essay criminal justice administration : Write one essay in CJ100, Introduction to Criminal Justice Administration, any topic from the book criminal justice a brief introduction by frank schmallerger
Define the term programming as used in computing : Define the term programming as used in computing. Name the 3 main programming languages.
Define the quantity of labor supplied : Suppose that your college or university substantially raises the wages that it offers to pay students who tend computer laboratories, monitoring the equipment.
What is his economic profit from the sale : Assuming that James' bank always pays its savings account holders an annual interest rate of 15% what is his economic profit from the sale of the hardware store
Incorporate arrays into a visual basic program : For this assignment, you will complete exercise 3 on page 309, and exercise 1 and exercise 2 on page 328. In a MS Word file that contains your name
What role do jails play in american criminal justice sysyem : What role do jails play in the American criminal justice system. What are some issues that jail administrators face today
Which contributor to productivity would you identify : In any production process, when one factor limits what can be produced and other factors are in abundant supply.
Possession of cocaine with intent to distribute : Possess a controlled dangerous substance in sufficient quantity reasonably to indicate under all circumstances an intent

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd