A-Rod Fishing Supplies had sales of $2,990,000 and cost of goods sold of $1,460,000. Selling and administrative expenses represented 9 percent of sales. Depreciation was 11 percent of the total assets of $4,710,000.

 

What was the firm's operating profit?

 

Operating profit        588,000

 

 

in 1895, the first putting green championship was held. thewinner's prize money was $220. in 2016, the winner's check was$1,420,000.

a. what was the percentage increase per year in the winner'scheck over this period? (2 decimal places rounded)

b. if the winner's prize increases at the same rate, what willit be in 2033? (2 decimal places rounded)

please when showing the answer show what you put on the BA IIcalculator to get the answers. For a, i got 7.52% which is right,but I'm getting b wrong (i'm getting 4,870,860.50) so pleasehelp

Compare and contrast scenario analysis and sensitivity analysis. Provide an example to help explain your response.

Ch 18

Your firm has an average collection period of 39 days. Current practice is to factor all receivables immediately at a 2.00 percent discount.

What is the effective cost of borrowing in this case? ( I keep getting 18.72% and that is incorrect)