After a successful year for your beach shop, you are wondering whether to open one more store this year. There are equal chances for the coming summer to be rainy or sunny. If the weather is sunny, you will earn $90,000 in profits per store. However, if the weather is rainy, your profit will be $60,000 if you open one store and zero if you open two stores. What is your expected profit under complete information? O A. $75,000 O B. $180,000 O C. $150,000 O D. $120,000
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- Assume that a customer shops at a local grocery store spending an average of $350 a week, resulting in a retailer profit of $30 each week from this customer. Assuming the shopper visits the store all 52 weeks of the year, calculate the customer lifetime value if this shopper remains loyal over a 10-year life span. Also, assume a 6 percent annual interest rate and no initial cost to acquire the customer. How much does the customer yield per year in profits for this retailer? (Round to the nearest dollar.)The price of a car you want is $36,000 today. Its price is expected to increase by $1000 each year. You now have $22,000 in an investment account, which is earning 8% per year. How many years will it be before you have enough to buy the car without borrowing any money? (Use Goal Seek to determine the time taken.) The time taken is determined to be..... years.You can purchase an equipment for $4,000. The equipment will provide benefits worth $900 a year. The expected life of the equipment is 8 years. It is expected that the price of the equipment will decrease by 15% per year. If the discount rate is 12%, would you buy the equipment today or will wait to purchase? When is the best time to purchase it? give excel file solution
- Please use Excel to Solve Future value: Your birthday is next week and instead of other presents, your parents promised to give you $1,000 in cash. Since you have a part-time job and, thus, don't need the cash immediately, you decide to invest the money in a bank CD that pays 5.2 percent, compounded quarterly, for the next two years. How much money can you expect to earn in this period of time?You want to set up a Boba Tea house and run for 4 years. For your financial analysis purpose, you estimate an initial investment and an annual free cash flow. Your initial investment will be 0. Your annual free cash flow from operation will be $30,000 (at the end of each year) for the next 4 years. What is a value of the Boba Tea house (present value calculation)? Here we assume a discount rate is 8%.You have an opportunity to purchase a piece of vacant land for $30,000 cash. If you plan to hold it for 15 years and then sell it at a profit. During this period, you would have to pay annual property taxes of $600 and have no income from the property. Assuming that you would want a 10% rate of return from the investment, a) Draw a cashflow diagram. b) What net price would you have to sell it in the next 15 years?
- You own a movie theater. The theater generates $100,000 per year in net income. This is expected to grow at 2% per year. Someone offers to buy the theater from you. How much should you charge as the selling price of the theater? Explain in word form too please to help justify answer!You run an online business and you are considering an upgrade to your website. The upgrade will cost you a one-time fee of $8,000 today. You expect that the upgrade will generate an additional profit flow of $5,000 per year. (This income stream is continuous and constant.) Assume that the interest rate is 8% compounded continuously. How long will it take for the upgrade to "pay for itself"? In other words, over what period of time will the present value of the additional profit generated by the upgrade be equal to the cost of the upgrade itself?What is the excel function and formula for this question? Off-The-Books Investment Firm, LLC, has offered you an investment it says will return to you $20,000 in 2 years. To get in, you'll need to make a $10,000 deposit to their receivables account and promise not to tell anyone about it. What is the annual return on this investment?
- Your organization has been asked to invest in a continuing care retirement center. Your investment will be $600,000 per year for the next 5 years. After 5 years, cash flows will be $400,000 per year for the next 15 years. If your discount rate is 10%:(a) what is the present value of the investment?(b) what is the present value of the cash flows?(c) what is the profitability index?You have the income of $70,000 this year and the income of $105,000 next year. The market rate is 5% pa. Under these circumstances, if you want to spend $80,000 this year, what is the maximum amount you can spend next year? $94,500$115,000$95,000$115,500$99,100You recently got promoted at your job. You have since decided to buy your dream car and expect that it will cost you $94,000 seven years from today. After budgeting your expenses, you decide that you can save $9,000 per year at the beginning of each year. Given a market interest rate of 13%, will you be able to purchase your car at the end of year 7? Would you be able to afford it one year later? (Using financial calculator)