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Author Question: Tim purchased a bounce house one year ago for 6,500. During the year it generated 4,000 in cash ... (Read 111 times)

kodithompson

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on: Jul 10, 2018
Tim purchased a bounce house one year ago for 6,500. During the year it generated 4,000 in cash flow. If Time sells the bounce house today, he could receive 6,100 for it. What would be his rate of return under these conditions?
 
  What will be an ideal response?

Question 2

________ addresses the question of where a firm raises money to finance its business activities.
 
  A) Capital budgeting
  B) Capital structure
  C) Working capital management
  D) Accounts receivable management


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spencer.martell

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Reply #1 on: Jul 10, 2018
Answer to Question 1

Realized return = = 55.38

Answer to Question 2

Answer: B


kodithompson

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

apple

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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