Iggy Company is considering three capital expenditure projects. Relevant data for the projects are as follows.
Project Investment Annual income Life of project
22A $242,200 $16,890 6 years
23A $271,500 $20,710 9 years
24A $283,000 $15,700 7 years
Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Iggy Company uses the straight-line method of depreciation.
Required:
Determine the internal rate of return for each project.
Answers
Answer:
Depreciation amount has to be added back to the annual income because it is a non cash expense.
Project 22A
Depreciation = 242,000 / 6 years
= $40,333.33
Annual income = 40,333.33 + 16,890
= $57,223.33
IRR using Excel is:
= 11%
Project 23A
Annual income = 20,710 + 271,500 / 9 years
= $50,876.67
IRR = 12%
Project 24A
Annual income = 15,700 + 283,000 / 7 years
= $56,128.57
IRR = 9%
Note: Look at the formula bar to see how IRR was calculated.
Related Questions
During the year, the following selected transactions affecting stockholders' equity occurred for Navajo Corporation: a. Feb. 1 Repurchased 160 shares of the company's own common stock at $25 cash per share. b. Jul. 15 Sold 90 of the shares purchased on February 1 for $26 cash per share. c. Sept. 1 Sold 60 of the shares purchased on February 1 for $24 cash per share.
Answers
Answer:
a. Dr Treasury stock $4,000
Cr Cash $4,000
b. Dr Cash $2,340
Cr Treasury stock $2,250
Cr Additional paid-in capital $90
c. Dr Cash $1,440
Dr Additional paid-in capital $60
Cr Treasury stock $1,500
Explanation:
Preparation of the journal entries
a. Dr Treasury stock $4,000
Cr Cash $4,000
(160*$25)
b. Dr Cash $2,340
(90*$26)
Cr Treasury stock $2,250
(90*$25)
Cr Additional paid-in capital $90
($2,340-$2,250)
c. Dr Cash $1,440
(60*$24)
Dr Additional paid-in capital $60
($1,500-$1,440)
Cr Treasury stock $1,500
(60*$25)
At the end of the prior year, Doubtful Inc. had a deferred tax asset of $18,500,000 attributable to its only timing difference, a temporary difference of $47,000,000 in a liability for estimated expenses. At that time, a valuation allowance of $3,730,000 was established. At the end of the current year, the temporary difference is $42,000,000, and Doubtful determines that the balance in the valuation account should now be $5,000,000. Taxable income is $14,700,000 and the tax rate is 35% for all years.
Required:
Prepare journal entries to record Doubtful's income tax expense for the current year.
Answers
Answer:
Journal entries to record Doubtful's income tax expense for the current year.
No Account titles and Explanation Debit'$ Credit'$
1 Income tax expense 8,945,000
Deferred tax asset 3,800,000
[(42,000,000*35%) - 18,500,000]
Income taxes payable 5,145,000
[(14,700,000*35%)]
(To record tax expenses)
2 Income tax expense 1,270,000
Valuation allowance - deferred tax asset 1,270,000
(3,730,000 - 5,000,000
(To record valuation allowance)
Swifty Corporation financed the purchase of a machine by making payments of $20500 at the end of each of five years. The appropriate rate of interest was 12%. The future value of one for five periods at 12% is 1.76234. The future value of an ordinary annuity for five periods at 12% is 6.35285. The present value of an ordinary annuity for five periods at 12% is 3.60478. What was the cost of the machine to Swifty
Answers
Answer:
Cost of machine = $73,897.99
Explanation:
The cost of machine to Swifty Corporation the present value pf the ordinary annuity payment of $20,500 per year discounted at the interest rate of 12%.
Note that the annuity is an ordinary annuity because annual payment is made at the end of the year.
Present value of ordinary annuity= annuity factor× annual payment
Present value of ordinary annuity = 20,500× 3.60478= $73,897.99
Cost of machine = $73,897.99
Briarwood Company enters into a lease for the use of a new piece of equipment. The term of the lease is 3 years, and Briarwood estimates the economic life of the equipment to be 4 years. The present value of the lease payments is $58,000. The lease is considered a finance lease. The journal entry to record the initial transaction will include a
Answers
Answer:
Dr. Right of use asset $58,000; Cr. Lease liability $58,000
Explanation:
Journal entry
Date General Journal Debit Credit
Right of use of asset $58,000
Lease Liability $58,000
(Entry to record the initial transaction)
State the main responsibilities of a sales manager. Think about your own potential strengths and weaknesses as a sales manager. For each function (responsibiity), briefly state why you would enjoy or would not enjoy it, and whether you think you would be good at it and why you feel this way. Your response should be between 150 and 300 words.
Answers
Answer:
A sales manager has several responsibilities that, when performed effectively, are able to increase the profitability and positioning of a company in the market.
Explanation:
The sales area in an organization is one of the most important for a company to achieve its objectives and goals defined in strategic planning. The sales department's goal is to manage the sales process of a company's products and services according to its objectives. That is why the role of a sales manager is essential, it is he who will be responsible for managing, leading and building relationships with the sales team so that sales occur as planned.
So there are some responsibilities of the sales manager:
Create a sales planset sales goalsmonitor sales progressanalyze sales data and informationsupervise the sales teamEach role of the sales manager is essential for optimal coordination between the process and the company's objectives, so each step must be monitored and controlled in real time, correcting possible bottlenecks, ordering the objectives, motivating the sales team and seeking always the continuous improvement of processes.
The units of information that give meaning to phenomena
Answers
Answer:
Explanation:
Information can be thought of as the resolution of uncertainty; it answers the question of "What an entity is" and thus defines both its essence and the nature of its characteristics. The concept of information has different meanings in different contexts.[1] Thus the concept becomes related to notions of constraint, communication, control, data, form, education, knowledge, meaning, understanding, mental stimuli, pattern, perception, representation, and entropy.
Information is associated with data. The difference is that information resolves uncertainty. Data can represent redundant symbols, but approaches information through optimal data compression.
Information can be transmitted in time, via data storage, and space, via communication and telecommunication.[2] Information is expressed either as the content of a message or through direct or indirect observation. That which is perceived can be construed as a message in its own right, and in that sense, information is always conveyed as the content of a message.
Information can be encoded into various forms for transmission and interpretation (for example, information may be encoded into a sequence of signs, or transmitted via a signal). It can also be encrypted for safe storage and communication.
Explanation:
acquisition, recording, organization, retrieval, display, and dissemination of information. In recent years, the term has often been applied to computer-based operations specifically.
Rayya company purchases a machine for $105000 on january 1, 2019. Straight-line depreciation is taken each year for four years assuming a seven-year life and no salvage value. The machine is sold on July 1, 2023, during its fifth year of service.
Required:
Prepare entries to record the partial year's depreciation on July 1, 2023 and to record the sale under each separate situation.
1. The machine is sold for $45,500 cash.
2. The machine is sold for $25,000 cash.
Answers
Answer:
Journal entry For Depreciation
Date Account and explanation Debit Credit
July 1 Depreciation expense $7,500
(105000/7)*6/12
Accumulated depreciation-Machine $7,500
(To record Depreciation)
1) Journal entry
Date Account and explanation Debit Credit
July 1 Cash $45,500
Accumulated depreciation-Machine $67,500
Machine $105,000
Gain on Sale of Machine $8,000
(To record sale of Machine)
2) Journal entry
Date Account and explanation Debit Credit
July 1 Cash $25,000
Accumulated depreciation-Machine $67,500
(105000/7*4.5)
Loss on sale of machine $12,500
Machine $105,000
(To record sale of Machine)
On March 1, 2020, the Teal Company received a $45,000 payment for annual magazine subscriptions (the subscriptions run from the March, 2020 edition through the February 2021 edition). Upon receipt of the payment, Teal Company credited the amount to sales revenue. Provide any entries necessary to correctly state sales revenue on the 2020 income statement. Show your computation.
Answers
Answer:
The company has incorrectly credited the sales revenue account at the time of the receipt of payment. So, the journal entry to record the transaction is as follows:
Date Particulars Debit Credit
March 1, 20 Sales Revenue A/c $45,000
To Unearned Sales Revenue A/c $45,000
(To record Unearned sales revenue)
Coronado Industries reported the following year-end information: Beginning work in process inventory $ 25000 Beginning raw materials inventory 9000 Ending work in process inventory 28000 Ending raw materials inventory 6000 Raw materials purchased 560000 Direct labor 210000 Manufacturing overhead 120000 How much is Coronado’s total cost of work in process for the year?
Answers
Answer:
$890,000
Explanation:
The computation of the total cost of work in process is shown below
But before that following calculations are needed
Cost of Raw material consumed = Beginning inventory + Raw material purchased - Closing inventory
= $9,000 + $560,000 - $6,000
= $563,000
And,
Cost of manufacturing = Cost of raw material consumed + Direct labor + Manufacturing overhead
= $563,000 + $210,000 + $120,000
= $893,000
Now
Cost of work in progress = Beginning WIP inventory - Ending WIP inventory + Cost of manufacturing
= $25,000 - $28,000 + $893,000
= $890,000
In a profit center, the department manager has responsibility for and the authority to make decisions that affect: ___________
a. not only costs and revenues, but also assets invested in the center
b. the assets invested in the center, but not costs and revenues
c. both costs and revenues for the department or division costs and assets invested in the center, but not revenues
Answers
Answer:
a. not only costs and revenues, but also assets invested in the center
Explanation:
A profit centre is defined as a segment of a company that is a standalone and determines the profit and losses of the entire company which are calculated seperately.
It also generates it's earnings and revenues independently.
The opposite of the profit centre is called the cost centre that does not earn any revenue but rather consumes revenue from other departments.
The profit centre also determines allocation of resources to various activities in the future.
Pierre, a cash basis, unmarried taxpayer, had $1,700 of state income tax withheld during 2020. Also in 2020, Pierre paid $425 that was due when he filed his 2019 state income tax return and made estimated payments of $1,190 towards his 2020 state income tax liability. When Pierre files his 2020 Federal income tax return in April 2021, he elects to itemize deductions, which amount to $17,450, including the state income tax payments and withholdings, all of which reduce his taxable income. a. What is Pierre's 2020 state income tax deduction
Answers
Answer:
$3,315
Explanation:
Calculation to determine Pierre's 2020 state income tax deduction
Using this formula.
2020 state income tax deduction=State income tax withheld+State income tax return amount due+State income tax liability
Let plug in the formula
2020 state income tax deduction=$1700+$425+$1190
2020 state income tax deduction=$3,315
Therefore Pierre's 2020 state income tax deduction is $3,315
During a period of high inflation, whDuring a period of high inflation, what government actions can preserve the value of money? Select two options.
forcing producers to sell at a certain price
selling gold for use as an alternate currency
restricting the money supply by adjusting interest rates
providing increased benefits to people harmed by inflation
decreasing the demand for money by lowering the price of real estateat government
Answers
Answer:
selling gold for use as an alternate currency
restricting the money supply by adjusting interest rates
Answer:
b and c
Explanation:
mark me brainliest please <3
goals
security
liquidity
interest
emergencies
save
The future value of today’s savings is measured by the______
_ earned on what was saved.
Answers
Answer:
interest
Explanation:
The correct option is - interest
Reason -
Future value is the value of an asset at a specific date.
It measures the nominal future sum of money that a given sum of money is "worth" at a specified time in the future assuming a certain interest rate, or more generally, rate of return.
What does a company's customer service department do?
Answers
The customer service department is the area of the company that handles the relationship with customers after they buy a product which includes answering questions, managing complaints and fixing issues with the product. According to this, the answer is interact with customers after they have purchased the product.
Hope this helps have a awesome day :)
Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
questions
Online Content: Site 1
Why might it be easier to open an account with a bank than a credit union?
Answers
NU YU announced today that it will begin paying annual dividends. The first dividend will be paid next year in the amount of $.31 a share. The following dividends will be $.36, $.51, and $.81 a share annually for the following three years, respectively. After that, dividends are projected to increase by 2.5 percent per year. How much are you willing to pay today to buy one share of this stock if your desired rate of return is 10 percent
Answers
Answer:
P0 = $9.0767092 rounded off to $9.08
Explanation:
The dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under DDM is,
P0 = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n + [(Dn * (1+g) / (r - g)) / (1+r)^n]
Where,
D1, D2, ... , Dn is the dividend expected in Year 1,2 and so on g is the constant growth rate in dividends r is the discount rate or required rate of return
P0 = 0.31 / (1+0.1) + 0.36 * / (1+0.1)^2 + 0.51 / (1+0.1)^3 + 0.81 / (1+0.1)^4 +
[(0.81 * (1+0.025) / (0.1 - 0.025)) / (1+0.1)^4]
P0 = $9.0767092 rounded off to $9.08
een experiencing losses for some time, as shown by its most recent monthly contribution format income statement: Sales $ 1,589,000 Variable expenses 616,020 Contribution margin 972,980 Fixed expenses 1,070,000 Net operating income (loss) $ (97,020) In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information: Division East Central West Sales $ 369,000 $ 700,000 $ 520,000 Variable expenses as a percentage of sales 58 % 24 % 45 % Traceable fixed expenses $ 292,000 $ 332,000 $ 207,000 Required: 1. Prepare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $21,000 based on the belief that it would increase that division's sales by 18%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented
Answers
Answer:
Wingate Company
1. Contribution format Income Statement segmented by divisions:
Division East Central West Company
Sales $ 369,000 $ 700,000 $ 520,000 $1,589,000
Variable expenses 214,020 168,000 234,000 616,020
Contribution margin 154,980 532,000 286,000 972,980
Traceable fixed expenses 292,000 332,000 207,000 831,000
Segment income (loss) (137,020) 200,000 79,000 141,980
Non-traceable fixed costs 239,000
Net operating income (loss) ($97,020)
2-a. Contribution format Income Statement segmented by divisions:
Division East Central West Company
Sales $ 369,000 $ 700,000 $ 613,600 $1,682,600
Variable expenses 214,020 168,000 276,120 658,140
Contribution margin 154,980 532,000 337,480 1,024,460
Traceable fixed expenses 292,000 332,000 228,000 852,000
Segment income (loss) (137,020) 200,000 109,480 172,460
Non-traceable fixed costs 239,000
Net operating income (loss) ($66,540)
2-b. The net operating loss decreased from $97,020 to $66,540, a difference of $30,480.
Explanation:
a) Data and Calculations:
Wingate's most recent monthly
Contribution-format Income Statement:
Sales $ 1,589,000
Variable expenses 616,020
Contribution margin 972,980
Fixed expenses 1,070,000
Net operating income (loss) $ (97,020)
Additional information:
Division East Central West
Sales $ 369,000 $ 700,000 $ 520,000
Variable expenses 214,020 168,000 234,000
as a percentage of sales 58 % 24 % 45 %
Traceable fixed expenses $ 292,000 $ 332,000 $ 207,000
West Division's:
Sales increased to $613,600 ($520,000 * 1.18)
Variable costs increased to $276,120 ($234,000 * 1.18)
Contribution margin increased to $337,480 ($286,000 * 1.18)
Segment income increased by $30,480 ($109,480 - $79,000)
Fixed cost increased to $228,000 ($207,000 + $21,000)
Change in net operating income (loss):
Before ($97,020)
After ($66,540)
Decrease $30,480
You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 3 million shares of stock. Since then, you have sold an additional 3 million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $6 million and would receive 3million newly issued shares in return. After the venture capitalist's investment, what percentage of the firm will you own
Answers
Answer:
33.33%
Explanation:
Own shares = $3,000,000
Angel shares = $3,000,000
Shares issued to venture capital = $3,000,000
Total shares = $9,000,000
% of the firm i will own = Own shares/Total shares
% of the firm i will own = $3,000,000/$9,000,000
% of the firm i will own = 0.333333333
% of the firm i will own = 33.33%
Answer:
28.57
Explanation:
Its right on the quiz
The following materials standards have been established for a particular product: Standard quantity per unit of output 5.9pounds Standard price$14.70per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased 7,050pounds Actual cost of materials purchased$64,380 Actual materials used in production 6,550pounds Actual output 850units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month
Answers
Answer:
Usage variance = $22,564.5 unfavorable
Explanation:
A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite
Pounds
850 units should have used ( 850× 5.9 pounds) 5,015
but did use 6,550
Usage variance 1,535 unfavorable
× standard price $14.70
Usage variance 22,564.5 unfavorable
Usage variance = $22,564.5 unfavorable
The following table lists the name, gender, height, and minimum wage 10 people are willing to accept to work as sales clerks at a high-end clothing store.
Name Gender Height(Inches) Minimum wage(Dollars per week)
Tim M 66 $306
Eileen F 66 $328
Kate F 68 $350
Clancy M 70 $361
Hubert M 70 $383
Poornima F 66 $405
Manuel M 71 $427
Antonio M 70 $449
Shen M 63 $460
Valerie F 68 $482
a. The lowest wage that the clothing store can pay to hire five sales clerks is $ _____ per week.
b. Suppose the head of the clothing store has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all sales clerks hired must be at least 67 inches in height. Under this new regulation, the wage rate the clothing store must pay to attract five sales clerks rises by $ _____per week.
Answers
Answer:
a. The lowest wage that the clothing store can pay to hire five sales clerks is $1,728 per week.
b. The wage rate the clothing store must pay to attract five sales clerks rises by $275 per week.
Explanation:
a. The lowest wage that the clothing store can pay to hire five sales clerks is $ _____ per week.
Note: See part a of the attached excel file for the list sorted by Minimum wage (Dollars per week) from the lowest to the highest.
From part a of the attached excel, the first 5 people with the lowest wages are Tim, Eileen, Kate, Clancy and Hubert. And the sum of the wages is as follows:
Weekly wage of five sales clerk withe lowest wages = $306 + $328 + $350 + $361 + $383 = $1,728
Therefore, the lowest wage that the clothing store can pay to hire five sales clerks is $1,728 per week.
b. Suppose the head of the clothing store has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all sales clerks hired must be at least 67 inches in height. Under this new regulation, the wage rate the clothing store must pay to attract five sales clerks rises by $ _____per week.
Note: See part b of the attached excel file for the list sorted by Gender Height(Inches) from the highest to the lowest.
From part b of the attached excel, there are 6 people that qualify but Antonio is excluded (because his wage is the highest) in order to obtain the lowest total minimum wage of five people that qualify .
Therefore, we are left with Manuel, Clancy, Hubert, Kate and Valerie.
Total wage of those selected from those with at least 67 inches in height = $427 + $361 + $383 + $350 + $482 = $2003
Therefore, we have:
Increase in wage per week = Total wage of those selected from those with at least 67 inches in height - Weekly wage of five sales clerk withe lowest wages = $2,003 - $1,728 = $275
nventory Valuation under Absorption Costing and Variable Costing At the end of the first year of operations, 21,500 units remained in the finished goods inventory. The unit manufacturing costs during the year were as follows: Direct materials $30 Direct labor 18 Fixed factory overhead 22 Variable factory overhead 14 Determine the cost of the finished goods inventory reported on the balance sheet under (a) the absorption costing concept and (b) the variable costing concept. Absorption costing $fill in the blank 1 Variable costing $fill in the blank 2
Answers
Answer:
Results are below.
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
First, we will calculate the unitary and ending inventory cost under variable costing:
Unitary production cost= 30 + 18 + 14= $62
Ending inventory= 21,500*62= $1,333,000
Now, under the absorption costing:
Unitary production cost= 62 + 22= $84
Ending inventory= 21,500*84= $1,806,000
What are the advantages of a presentation
Answers
Answer:
THE PERSON BELOW ME IS CORRECT
Explanation:
Answer:
people will get the idea more... and you could show stattistics for them/people you are showing the presentation they could be on the wrong side but you show ur presentation and boom their on the right side
Explanation:
Lucy sells her partnership interest, a passive activity, with an adjusted basis of $305,000 for $330,000. In addition, she has current and suspended losses of $28,000 associated with the partnership and has no other passive activities. a. Calculate Lucy's total gain and her current deductible loss. Her total gain is $fill in the blank 1 and her deductible loss is $fill in the blank 2 . b. What type of income can the deductible loss offset
Answers
Answer:
A. $25,000 gain
B. ($3,000)
Explanation:
A. Calculation to determine Lucy's total gain
Amount realized $330,000
Less Adjusted basis ($305,000)
Total gain $25,000
($330,000-$305,000)
Therefore Lucy's total gain is $25,000
B. Calculation to determine her current deductible loss.
Amount realized $330,000
Less Adjusted basis ($305,000)
Total gain $ 25,000
($330,000-$305,000)
Less Suspended losses ($28,000)
Not passive Deductible loss ($3,000)
($25,000-$28,000)
Therefore her current deductible loss is ($3,000)
Copybold Corporation is a start-up company that has a capital structure with a debt/assets ratio equal to 0.75. Copybold has no preferred stock. There are two possible scenarios with respect to the firm's operations : Feast or Famine. The Feast scenario has a 60 percent probability of occurring, and the forecast earnings before interest and taxes (EBIT) in this scenario is $60,000. The Famine scenario has a 40 percent chance of occurring, and the EBIT is expected to be $20,000. Further, the firm's cost of debt is 12 percent. The firm has $400,000 in total assets, and its marginal tax rate is 40 percent. The company has 10,000 shares of stock outstanding. What is the difference between the earnings per share (EPS) forecasts for the Feast scenario and the Famine scenario
Answers
Answer:
The value of the difference between the earnings per share (EPS) forecasts for Feast and Famine is $2.40
Explanation:
The solution is as evident in the attached Excel Sheet. In the excel sheet the formulas are used which are also given in the second sheet.
For the data values from the question are used.
A company purchased land for $82,000 cash. Commissions of $8,000, property taxes of $8,500, and title insurance of $2,200 were also incurred. The $8,500 in property taxes includes $5,400 in back taxes paid by the company on behalf of the seller and $3,100 due for the current year after the purchase date. For what amount should the company record the land
Answers
Answer:
the amount that company should record the land is $97,600
Explanation:
The computation of the amount that company should record the land is shown below:
The Amount should be recorded for land is
= Purchase price + Commission + Property tax paid on behalf of seller + Title insurance
= $82,000 + $8,000 + $5,400 + $2,200
= $97,600
hence, the amount that company should record the land is $97,600
Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 721,000 units of basic, 468,000 units of classic, and 180,000 units of deluxe. Bricktan has limited production capacity of 114,000 hours. It can produce 10 units of basic, 8 units of classic, and 4 units of deluxe per hour. Contribution margin per unit is $15 for the basic, $25 for the classic, and $55 for the deluxe. What is the most profitable sales mix for Bricktan Inc.
Answers
Answer:
Profitable sales mix :
Deluxe - 180,000 units,
Classic - 58,500 units,
Basic- 365,000 units
Explanation:
When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate the scare resource for production purpose in such a way that it maximizes the contribution per unit of the scare resource.
The labour hours required per unit of scarce resource=
Basic = 1/10 hr= 0.10
Classic =1/8 hr = 0.13
Deluxe= 1/4 hr = 0.25
Basic Classic Deluxe
Contribution per unit 15 25 55
Hour per unit 0.10 0.13 0.25
Contribution per hour 150 200 220
Product Unit Hours used
Deluxe 180,000 180000× 0.25 45,000
Classic 468,000 468,00× 0.13 58,500
Basic 365,000** 365,000×0.10 36,500*
Total hours 140,000
* = 140,000 - 45,000-58500= 36,500 hours
** = 36,500 hours/0.1 hour = 365,000 units
Units to be produced = 36,500/0.10= 365,000 units
Profitable sales mix :
Deluxe - 180,000 units,
Classic - 58,500 units,
Basic- 365,000 units
Read this article describes some of Teddy Roosevelt's contemporaries. In your journal, offer suggestions for at least three more leaders who you believe also reflect the traits of those profiled in this article and explain why
Answers
Answer:
1)autocratic leader
2)democratic leader
Explanation:
1- this leader is one who works fast without consulting employees.
2- this leader consults employees and make sure everyone takes par in decision making
sorry only know 2...
A year ago, you graduated from college and decided to open your own computer software company. Over the past year, your firm generated $500,000 in revenue. You hired two software engineers and paid each of them $150,000 over the past year. You also purchased computer equipment that cost a total of $30,000. To save money, you decided to use the basement of your house for the business. Previously, you had rented this space to a tenant for $6,000 per year. Instead of opening your own business, you could have gone to work for Microsoft and earned $200,000 over the past year.
a. What were your accounting profits of your firm over the past year? 170000
b. What were the economic profits of your firm over the past year? $ 506000 should not have
c. Given this information, you launched your own business.
Answers
Answer:
20000
Explanation:
John invests a total of 10,000. He purchases an annuity with payments of 1,000 at the beginning of each year for 10 years at an effective annual interest rate of 8%. As annuity payments are received, they are reinvested at an effective annual interest rate of 7%. The remaining balance of the 10,000 is invested in a 10-year certificates of deposit with a nominal annual interest rate of 9%, compounded quarterly. Calculate the annual effective yield rate on the entire 10,000 investment over the 10-year period.
Answers
Answer:
7.95%
Explanation:
the first step is to determine the present value of the 10 year annuity
[tex]1000\frac{(1 + 0.08)(1 - (1 - 0.08)^{-10} }{0.08}[/tex] = 7246.89
remaining balance of the 10,000 is invested in a 10-year certificates of deposit = 10,000 - 7246.89 = $2753.11
We would calculate the future value of this amount
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
$2753.11 x ( 1 + 0.09/4)^(4 x 10) = 6704.34
calculate the value of reinvestments
[tex]1000\frac{(1 + 0.07) ( 1 + 0.07)^{10} - 1 }{0.07}[/tex] = 14783.60
14783.60 + 6704.34 = 10,000 ( 1 + er)^10
er = 0.0795 = 7.95%
At Kelly's company there have been an abnormal amount of on-site accidents
from falls. She has seen the effects that these accidents can have on those
who have been injured. What is the best way for Kelly to prevent herself from
having an accident?
A. Move as quickly as possible to get through the work day
B. Make sure she moves about carefully at the workplace
C. Tell her supervisor that she doesn't feel safe
D. Get hurt on purpose so that she can blame her employer
SUBMIT