Question: #1533

Week 5 Final Exam Complete Solution Answers

   
$1,000(1+0.02)^5 = 1104  
FV=R/i*[(1+i)^n-1]=2500/0.05*(1.05^5-1)=13814.08  
R=PV*i/(1-1/(1+i)^n)=2000*0.06/(1-1/1.06^3)=748.22, 748.22*3=2244.66
collection=0.1*15000+0.2*25000+0.7*10000=13500  
   
   
inventory turnover=cost of goods sale/average inventory=219793/29447=7.46, days of inventory on hand=365/inventory turnover=48.9
inventory turnover=cost of goods sale/average inventory=219793/29447=7.46???
Solution: #1515

Week 5 Final Exam Complete Solution Answers

$1,000(1+0.02)^5 = 1104 FV=R/i*[(1+i)^n-1]=2500/0.05*(1.05^5-1)=13814.08 R=PV*i/(1-1/(1+i)^n)=2000...
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