1 suppose a firm generated 20 million in sales revenue, Ask an Expert

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1. Suppose a firm generated $20 million in sales revenue while operating at 88% of existing capacity. What would be the maximum level of sales that could be achieved with the existing asset base?

$23,529,412

$23,255,814

$22,988,506

$22,727,273

$17,600,000

2. A 10-year annuity-immediate pays 100 quarterly for the first year. In each subsequent year, each payment is increased by 5% over the payment for the previous year. There is a nominal annual interest of 8% convertible quarterly. Find the present value of this annuity.

(a) 2997 (b) 3075 (c) 3108 (d) 3225 (e) 3333

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92718259

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