Answers
Answer:
a. The present value of the Project A1 is $7,643.69
b. The value of X is $24,264.29
c. The project balance for project A1 at the end of year 3 is $11,625.29
d. Project A2 should be selected
Explanation:
Note: The complete question is attached below
a. PV = -P + ∑F/(1+i)^n
Pv = -15,000 + 9,500/(1+0.15)^1 + 12500/(1+0.15)^2 + 7500/(1+0.15)^3
PV = -15,000 + 9500/1.15 + 12500/1.3225 + 7500/1.5209
PV = -15000 + 8261.2 + 9451.24 + 4931.25
PV = $7,643.69
The present value of the Project A1 is $7,643.69
b. It is given thar PV worth A2 = 9300, initial investment 25000, rate of interest = 15%
PV = -P + ∑F/(1+i)^n
Pv = -25000 + 0/(1+0.15)^1 + X/(1+0.15)^2 + X/(1+0.15)^3
9,300 = -25000 + 0 + X/1.3225 + X/1.5209
9,300 + 25000 = 0.7561(X) + 0.6575(X)
34300 = 1.4136(X)
X = 34300 / 1.4136
X = $24,264.29
The value of X is $24,264.29
c. Future value = Present value(1+i)^n
Future value = 7643.69*(1+0.15)^3
Future value = 7643.69*1.5209
Future value = 11,625.29
The project balance for project A1 at the end of year 3 is $11,625.29
d. Since the PV of project A2 ($9,300) is greater than the pre project($7643.69), Project A2 should be selected
Related Questions
N Corp has a variable cost per unit of $1.20, and the lease payment on the production facility runs $4,200 per month. N Corp sells the units at $4.60 and has depreciation equal to $225. What is the amount of units that N Corp needs in order to break-even
Answers
Answer:
1,301 units.
Explanation:
With regards to the above, we know that break even level is
= ( FC + Depreciation ) / Contribution margin
FC = $4,200
Depreciation = $225
Contribution margin = P - V, where P = $4.60 , V = $1.20
Therefore,
Break even level = ($4,200 + $225) / $4.60 - $1.20
Break even level = $4,425 / $3.40
Break even level = 1,301 units
Hence, the amount of units N corp needs in order to break even is 1,301 units
isk Co. purchases raw materials on account. Budgeted purchase amounts are April, $96,000; May, $126,000; and June, $136,000. Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $38,000. Prepare a schedule of budgeted cash payments for April, May, and June.
Answers
Answer:
Given that Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase, therefore, firstly we need to differentiate the total amount of purchases of each month into 70% and 30%. 70% of the purchases will be paid in current month and balance 30% of the purchases will be ending accounts payable for that month and paid in next month. This is shown as follows:
Particulars April May June
Current month purchases 70% $67,200 $88,200 $95,200
Ending accounts payable 30% $28,800 $37,800 $40,800
Total purchases $96,000 $126,000 $136,000
The schedule of budgeted cash payments for the month of April May and June are shown as follows:-
Schedule of Cash Payments
For April, May, and June
April May June
Cash payments for:
Current month purchases $67,200 $88,200 $95,200
Prior month purchases $38,000 $28,800 $37,800
Budgeted cash payments for materials $105,200 $117,000 $133,000
Merchandise sold FOB destination indicates that: Multiple Choice The seller transfers title to the buyer once the merchandise is shipped. The merchandise has not yet been shipped. The seller holds title until the merchandise is received at the buyer's location. The merchandise will not be shipped until payment has been received.
Answers
Answer:
The seller transfers title to the buyer once the merchandise is shipped
Explanation:
Free onboard shipping point refers to a practice where the buyer of a product takes responsibility of the good once it is shipped by the seller.
So when the supplier ships a product he can record a sale because the ownership of the good has been shifted to the seller abd he will be paid for services rendered.
The buyer will record an increase in his inventory at this point and make provision for risk of shipping along with shipping cost.
The senior management of a firm is undecided about the number of employees needed for its new project. To advise the executives, a human resource specialist uses a computer system to estimate how long teams of three different sizes will take to complete the project, assuming the project is of either low, average, or high difficulty. The type of system appropriate for this case is a(n)
Answers
Answer:
Decision support system
Explanation:
The decision support system is a system that support the business decisions. It mainly works for reviewing the data of the business in that way where the user could access it and make the decisions accordingly.
In the given situation since it is mentioned how much team is required for project completion so this represent the decision support system
(100 points and brainlyest)
Question 3 Only
Answers
Answer: I think the 1st or the 3rd one.
Explanation:
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,500 units) $ 263,500 $ 31.00 Variable expenses 161,500 19.00 Contribution margin 102,000 $ 12.00 Fixed expenses 55,200 Net operating income $ 46,800 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 50 units? 2. What would be the revised net operating income per month if the sales volume decreases by 50 units? 3. What would be the revised net operating income per month if the sales volume is 7,500 units?
Answers
Answer and Explanation:
The calculation of the revised net operating income per month in the following cases:
1. The sales volume increases by 50 units.
Sales revenue (8,550 units × $31) $265,050
Less: Variable expenses (8,550 units × $19) $162,450
Contribution margin $102,600
Less: Fixed expenses $55,200
Net operating income $47,400
2. The sales volume decreases by 50 units.
Sales revenue (8,450 units × $31) $261,950
Less: Variable expenses (8,450units × $19) $160,550
Contribution margin $101,400
Less: Fixed expenses $55,200
Net operating income $46,200
3. The sales volume is 7,500 units.
Sales revenue (7,500 units × $31) $232,500
Less: Variable expenses (7,500 units × $19) $142,500
Contribution margin $90,000
Less: Fixed expenses $55,200
Net operating income $34,800
Walters manufactures a specialty food product that can currently be sold for $21.80 per unit and has 19,800 units on hand. Alternatively, it can be further processed at a cost of $11,800 and converted into 11,800 units of Deluxe and 5,800 units of Super. The selling price of Deluxe and Super are $31.20 and $19.80, respectively. The incremental income of processing further would be:
Answers
Answer:
$51,360
Explanation:
The computation of the incremental income of processing further is shown below:
Given that
Total sales unit before further processing is 19,800 units
And, its sale price per unit is $21.80
So, the total sales price is
= 19,800 units × $21.80
= $431,640
$483000
Now after processing, the sales revenue in both the deluxe and super is
= 11,800 units × $31.20 + 5,800 units × $19.80
= $368,160 + $114,840
= $483,000
So, the incremental net income after further processing is
= $483,000 - $431,640
= $51,360
You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payments, to be paid at the end of each of the next 3 years. (Payments include both principal and Interest.) The annual payment that will fully pay off the loan is?
a. $2,890.
b. $4,020.
c. $2,674.
d. $3,741.
Answers
Alex wrote the sentence: The big dog was really fat. He ate a lot. Why does Alex need a thesaurus? a. The sentences begin with the same word c. The sentences lack creativity b. Many words are repeated d. None of these
Answers
Answer:C
Explanation:
The sentences lack creativity does Alex need a thesaurus. Hence, option C is correct.
What is lack creativity?The main causes of a lack of creativity are typically overwhelm, the wrong approach, or overwhelming input. It's a straightforward problem to fix. Years ago, I struggled with writer's block. I wanted to create a book, but I was at a loss for good topics.
A lack of creativity or imagination as a trait. dullness, lack of creativity, unoriginality, and commonplaceness.
One of the reasons people don't feel motivated is because they believe innovation is a zero-sum game. They believe, "Never could I accomplish it! That is something I could never come up with as great! "when they notice somebody like Steve Jobs in the news or Einstein in the history books.
Thus, option C is correct.
For more information about lack creativity, click here:
https://brainly.com/question/12610119
#SPJ6
Andriel do you remember me
Answers
Answer:
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Which of the following is true of tangible costs? a. They are difficult to quantify. b. They cannot be calculated in monetary terms. c. Their examples include goodwill and prestige. d. They can be easily measured.
Answers
Answer:
d. They can be easily measured.
Explanation:
The tangible cost is the cost i.e. incurred for the tangible things like employees ways, repair expense, purchase of fixed assets, etc
It can be measured and quantified in easily manner
Therefore as per the given options, the last one is correct as it defines the tangible cost and the rest of the options defines the intangible cost
Would you rather be a detective or a pilot?
Answers
Answer:
I'll rather be pilot so I could have free flights
You can borrow $200 today and repay $215 in one week. What is the effective annual rate (EAR) implied by this 7.5 percent rate charged for only one week?
a. 45,602%
b. 4,198%
c. 14,104%
d. None of these are correct.
e. 1,164%
Answers
Answer:
Effective Annual Rate = 4,198% (Approx)
Explanation:
Given:
Weekly rate = 7.5%
Find:
Effective Annual Rate
Computation:
Effective Annual Rate = (1+weekly rate)^52-1
Effective Annual Rate = (1+7.5%)⁵²-1
Effective Annual Rate = (1+0.075)⁵²-1
Effective Annual Rate = 4,198% (Approx)
On June 1, Oriole Company Ltd. borrows $100,000 from Acme Bank on a 6-month, $100,000, 6% note. The note matures on December 1. Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Answers
Answer:
Journal Entry :
Bank $100,000 (debit)
Note Payable : Acme Bank (credit)
Explanation:
In Oriole Company Ltd books the following entries must be made :
The assets of cash should be increase (debit) at the same time, the liabilities arising on the Note Payable must also increase (credit).
A home valued at $168,500 has just had a 70% mortgage loan placed on it. The interest rate is 5.25%. The monthly payment is $651.32 including principal and interest. What will the principal balance of the mortgage loan be after the next monthly payment is made?
Answers
Answer:
$117,850.71
Explanation:
the loan = $168,500 x 70% = $117,950
assuming that no payment has been made yet, the interest portion of the monthly payment = $117,950 x 5.25% x 1/12 = $516.03
the loan's principal will decrease by = $651.32 - $516.03 = $99.29
the loan's principal balance after the first payment = $117,950 - $99.29 = $117,850.71
Computer equipment was acquired at the beginning of the year at a cost of $70,700 that has an estimated residual value of $4,200 and an estimated useful life of 5 years. a. Determine the depreciable cost. $fill in the blank 1 b. Determine the straight-line rate. fill in the blank 2 % c. Determine the annual straight-line depreciation. $fill in the blank 3
Answers
Answer:
a, The depreciable cost when using the straight line method is;
= Cost of asset - Residual value
= 70,700 - 4,200
= $66,500
b. As the rate is uniform over the life of the asset, the rate is 100% divided by the life of the asset.
= 100%/5
= 20%
c. Annual depreciation will therefore be;
= Depreciation rate * depreciable cost
= 20% * 66,500
= $13,300
Variable costs for Coronado Industries are 30% of sales. Its selling price is $120 per unit. If Coronado sells one unit more than break-even units, how much will profit increase?a. $84 b. $36 c. $72 d. $400
Answers
Answer:
Income will increase by $84.
Explanation:
The break-even point is the number of units required to cover the fixed costs. Net income is zero.
First, we need to calculate the unitary variable cost:
Unitary variable cost= 120*0.3= $36
Now, the unitary contribution margin:
unitary contribution margin= 120 - 36
unitary contribution margin= $84
Income will increase by $84.
Your firm has the opportunity to buy a perpetual motion machine to use in your business. The machine costs $1,000,000 and will increase your profits by $75,000 per year. What is the internal rate of return?
Answers
Answer:
7.5%
Explanation:
A forever series formula for the interest rate is i = A / PV
Annual benefits = $75,000
Present value = $1,000,000
Thus, i = $75,000 / $1,000,000
i = 0.075
i = 7.5%
Therefore, the internal rate of return is 7.5%
"The Boyle Company estimated that April sales would be 10,000 units with an average selling price of $2.00. Actual sales for April were 8,000 units and average selling price was $2.10. The sales volume variance was:"
Answers
Answer:
-$4,000 unfavourable
Explanation:
The sales volume variance is calculated as ;
= (Actual sales units - Estimated sales units) × Estimated selling price.
Given that;
Actual sales units = 8,000
Estimated sales units = 10,000 units
Estimates selling price = $2 per unit
Therefore,
Sales volume variance = (8,000 - 10,000) × $2
Sales volume variance = -$4,000 unfavourable
Don operates a taxi business, and this year one of his taxis was damaged in a traffic accident. The taxi was originally purchased for $17,000 and the adjusted basis was $1,500 at the time of the accident. The taxi was repaired at a cost of $2,750 and insurance reimbursed Don $730 of this cost. What is the amount of Don's casualty loss deduction
Answers
Answer:Don's casualty loss deduction=$ 770
Explanation:
A Casualty loss is an unexpected or sudden financial loss that occurred as a result of damage or loss of property. It will be calculated as follows
Adjusted basis at the time of accident $1,500
Repair cost on account of accident $2,750
Amount of casualty loss before the adjustments $ 1,500
( which is the Lessor of $ 1,500 and $ 2,750)
Deduct :
Reimbursements gotten from insurance $ 730
Don's casualty loss deduction = $ 1,500 - $ 730 = $ 770
Which phrase defines complimentary goods
Answers
So could you attach the options?!
The bank you own has the following balance sheet: Assets Liabilities Reserves $75 million Deposits $500 million Loans $525 million Bank capital $100 million If the bank suffers a deposit outflow of $50 million with a required reserve ratio on deposits of 10%, what actions should you take
Answers
Answer:
Explanation:
Calculation of the amount of required reserve as follows:
Required Reserve = Deposit * required reserve ratio
= $500 million * 10%
= $50 million
Therefore, the bank must hold $50 million in required reserve.
It currently has $75 million in reserve so this requirement is met.
If the bank suffers a deposit outflow of $50 million
Assets Liabilities
Reserves - $25 million Deposits - $450 million
Loans - $525 million Bank capital - $100 million
So the required reserve is $450 * 10/100 = $45 million.
But in the reserve account we have only 25 million so we are falling short of $20 million. We need to maintain this required reserve so we can take following actions: 1. By borrowing $20 millions from other bank or financial institutions or corporations. 2. We can sell securities of $20 million. 3. We can borrow some money and can raise some money by issuing securities.
Variable costs for Abbey, Inc. are 25% of sales. Its selling price is $100 per unit. If Abbey sells one unit more than break-even units, how much will profit increase
Answers
Answer:
the increase in profit is $75
Explanation:
The computation of the increase in profit is shown below:
= Selling price per unit - variable cost per unit
= $100 - 25% of $100
= $100 - $25
= $75
hence, the increase in profit is $75
We simply applied the above formula so that the correct value could come
And, the same is to be considered
By dividing the variable cost from the selling price the increase in profit could come
What role should government play in a free market economy?
Answers
Answer: Stabilize the economy
Explanation:
You are the HR manager for a fifty-person firm that specializes in the development and marketing of plastics technologies. When you were hired, you felt the company had little idea what you should be paid and just made up a number, which you were able to negotiate to a slightly higher salary. While you have been on the job for three months, you have noticed a few concerning things in the area of multiculturalism, besides the way your salary was offered. The following are some of those items:
1.You know that some of the sales team, including the sales manager, get together once a month to have drinks at a strip club.
2. A Hispanic worker left the organization, and in his exit interview, he complained of not seeing a path toward promotion.
3.The only room available for breast-feeding mothers is the women’s restroom.
4.The organization has a policy of offering $200 to any employee who refers a friend, as long as the friend is hired and stays at least six months.
5.The manufacturing floor has an English-only policy.
6.You have heard managers refer to those wearing turbans in a derogatory way.
Questions
1. What do you think needs to be done to create a more inclusive environment, without losing the culture of the company?
2?What suggestions would you make to those involved in each of the situations?
Answers
Answer:
read the paragraph and get the answer
A personal account earmarked as a retirement supplement contains $292,100. Suppose $250,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $5000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.)
Answers
Answer:
It will take approximately 78 quarters until the account balance is $0.
Explanation:
This can be calculated using the following formula:
n = log(p / (p - A(q - 1))) / log(q) .................... (1)
Where;
n= Number of quarters it will take until the account balance is $0 = ?
A = Amount used to establish the annuity = $250,000
p = quarterly payment = $5,000
q = 1 + (Annual interest rate / Number of quarters in a year) = 1 + (5% / 4) = 1.0125
Substituting the values into equation (1), we have:
n = log(5000 / (5000 - (250000*(1.0125 - 1)))) / log(1.0125)
n = log(5000 / (5000 - (250000 * 0.0125))) / log(1.0125)
n = log(5000 / (5000 - 3125)) / log(1.0125)
n = log(5000 / 1875) / log(1.0125)
n = log(2.66666666666667) / log(1.0125)
n = 0.425968732272282 / 0.00539503188670614
n = 78.955739505805
Rounding to the nearest quarters, we have:
n = 78. This because the quartely payment is less than $5000 at the end of the 79th quarter.
Therefore, it will take approximately 78 quarters until the account balance is $0.
A storage tank acquired at the beginning of the fiscal year at a cost of $90,000 has an estimated residual value of $12,000 and an estimated useful life of 25 years. a. Determine the amount of annual depreciation by the straight-line method. $fill in the blank 1 b. Determine the amount of depreciation for the first and second years computed by the double-declining-balance method.
Answers
Answer:
a) The amount of annual depreciation by straight-line method = Cost of the asset - Salvage Value / Number of years in useful life
= ($90,000 - $12,000) / 25 years
= $78,000 / 25 years
= $3,120
Thus, the amount of depreciation under straight-line method is $3,120.
b) Depreciation for first year under double declining balance method = Cost of the asset / Number of years in useful life * 2
= $90,000 / 25 years * 2
= $7,200
Thus, the amount of depreciation for the first year under double declining balance method is $7,200.
Depreciation for second year under double declining balance method = Cost of the asset - First year depreciation / number of years in useful life * 2
= $90,000 - $7,200 / 25 years * 2
= $6,624
Thus, the amount of depreciation for the second year under double declining balance method is $6,624.
The procedure of finding the present values of cash flows expected in the future using the time value concept is called
a.
Money value
b.
Compounding
c.
Stock value
d.
Discounting
Answers
A dollar is always worth more today than it would be worth tomorrow, according to the concept of the time value of money.
bruh . (i had to type an extra couple of words because it wouldnt let me send it) im just trying to make people laugh during these tough times. brainly please do not take this down. Thank you remember to social distance, wash your hands, wear masks, be safe, but most importantly have an amazing week!
Answers
Answer:
oki thank you!!
Explanation:
the answer to life the universe and everything is 42
what is the last step in finding a solution to a problem?
A. choose a solution and try it
B. ignore the problem and it will go away
C. think about ways to solve the problem
D turn the problem into a question
Answers
Answer: d
Explanation: hope it helps
Answer:
Choose a solution and try it.
Explanation:
I just finished this lesson and my answer was correct ;}