Answers
your answer is here
Related Questions
Dwight Donovan, the president of Fanning Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of four years and no salvage value. Project B supports a training program that will improve the skills of employees operating the current equipment. Initial cash expenditures for Project A are $108,000 and for Project B are $48,000. The annual expected cash inflows are $51,270 for Project A and $20,675 for Project B. Both investments are expected to provide cash flow benefits for the next three years. Fanning Enterprises’ desired rate of return is 6 percent. (PV of $1 and PVA of $1) Use appropriate factor(s) from the tables provided.)
A. Compute the net present value of each project. Which project should be adopted based on the net present value approach?
B. Compute the approx. internal rate of return of each project. Which one should be adopted based on the internal rate of return approach?
Answers
The net present value of Project A is $29,045.32, and net present value of project B is $22,264.52. The project that should be adopted based on the net present value is project A.
What is net present value?Net present value is the present value of after-tax cash flows from an investment less the amount invested.
a. The net present value of Project A:
= Present value of cash inflows - Initial expenditure
= (51,270 x present value interest factor, 6%, 3 years) - 108,000
= 51,270 x 2.673012 - 108,000
= $29,045.32
The net present value of Project B:
= 20,675 × 2.673012 - 33,000
= $22,264.52
b. Calculation of Internal Rate of Return:-
The IRR has been calculated using the financial calculator.
The IRR of Project A is 16% and that of Project B is 14%.
IRR of project A is more than Project B, which means Project A's return is more than project B. As per IRR Approach Project A is better than Project B.
Therefore, as per IRR and net present value approach Project A should be selected.
To learn more about net present value, click here:
https://brainly.com/question/28193576
#SPJ1
Does anyone know if can I take Spanish class in college if I speak Spanish perfectly? Would there be a problem or not?
Answers
The United Nations has never focused on the international rights of consumer
True or false
Answers
Answer:
true they have never focused on rights of consumers
Explanation:
hope this helps!
What was the opening price of Dow Jones Industrial Average on Aug 02, 2017 in the format of XXXXX.XX?
Answers
Project requirements are all the key players of a project that must be listed to ensure the project can begin.
True
False
Answers
"Project requirements are all the key players of a project that must be listed to ensure the project can begin."
True.
Select each of the phases in the project-management lifecycle.
project definition
project initiation
project closure
project monitoring
project execution
project planning
Answers
Answer:
PROJECT PLANNING IS YOUR ANSWER
HOPE IT HELPS
MARK AS BRAINLIEST
Mars Inc., an oil and gas incorporation, opened its first unique service station in Mexico. The service station consisted of pumping islands, convenience stores, and separate food courts. Owing to the station's success, the company opened more than 300 service stations worldwide. Identify the offensive strategic goal that can explain why Mars expanded its services globally. Group of answer choices To increase long-term growth and profit prospects To prevent global consolidation To preempt competitors' from opening similar stores To avoid being locked out of markets by arriving too late
Answers
Answer: To increase long-term growth and profit prospects
Explanation:
The company saw that the unique service station was a success which meant that it brought in profits. They therefore applied the business model to other places so that they could make profits from there as well.
This will increase the long-term growth of the company as well as profit prospects because there will now be a chance of making the same profits as they did from the first station but this time, from 300 stations. The increased market presence coupled with the services they offer, makes for huge growth and profit prospects.
the following information pertains to Lightning Inc., at the end of December: Credit Sales $ 60,000 Accounts Payable 10,000 Accounts Receivable 7,000 Allowance for Uncollectible Accounts 400 credit Cash Sales 20,000 Lightning uses the aging method and estimates it will not collect 2% of accounts receivable not yet due, 10% of receivables up to 30 days past due, and 40% of receivables greater than 30 days past due. The accounts receivable balance of $7,000 consists of $3,500 not yet due, $2,000 up to 30 days past due, and $1,500 greater than 30 days past due. What is the appropriate amount of Bad Debt Expense
Answers
Answer:the appropriate amount of Bad Debt Expense=$870
Explanation:
Given that for Lightning Inc., at the end of December:
Credit Sales $60,000
Accounts Payable 10.000
Accounts Receivable 7.000
Allowance for Uncollectible Accounts 400
creditCash Sales 20,000
Using the aging method and estimates it states that the following would be uncollectible
1. 2% of accounts receivable not yet due, $3500 which is
2 % x 3500= $70
2. 10% of receivables less than 30 days past due, $2000 which is
10% x 2000=$200
3. 40% of receivables greater than 30 days past due,$1500 which is
40% x$1500=$600
Appropriate amount of Bad Debt Expense= Allowance for Uncollectible Accounts =$70+$200+$600==$870
Therefore, Bad debt expense =$870
Allowance for Uncollectible Accounts=$870
s
Suppose a major hurricane hits the eastern coast of Florida and only destroys significant amounts of physical capital. All else the same, real gross domestic product (GDP) will ________ in the short run, and real GDP will ________ in the long run. Group of answer choices decline; be permanently lower decline; end up higher than the original level decline; return to the steady state level increase; decrease be unchanged; decline
Answers
Answer: decline; return to the steady state level
Explanation:
Physical capital can help in the production of goods and services. If a significant amount was to be destroyed, this would mean less production of goods. This will therefore lead to a decline in the GDP in the Short run.
In the long run however, the real GDP will return to a steady state where the GDP will become the potential GDP as a result of the physical capital has either been replaced or rebuilt in the future thereby leading to the production level which will increase.
After a few years of successful business, Thomas saw the need to diversify his business to take advantage of the growth potential of new markets. Doing so also reduces the business risk. He set up a new company that sells 3 models of tables: Russian style, Italian style, and Mexican style. His targeted market was in NYC where there is huge demand for those products. Operating results for June are below:
a. If Italian style is discontinued, management estimates that sales of Russian style will increase by 20%. In good form, prepare an incremental analysis to determine if Italian style should be discontinued.
b. What qualitative factors should Thomas consider relating question (a)?
c. Should Italian style be discontinued based solely on quantitative aspects? Briefly justify your response.
d. Without creating new income statements, and using your results from your analysis in part A, determine the amount of the company’s new net income if Italian style is discontinued. Show your calculations.
I have the work completed...I just need to check my work. I would appreciate any help as soon as possible.
Answers
Hope this helps have an excellent day!
George has the following capital gains and losses for 2019: $6,000 STCL, $5,000 28% gain, $2,000 25% gain, and $6,000 0%/15%/20% gain. Which of the following is correct: Question 28 options: A) The net capital gain is composed of $6,000 25% gain and $1,000 0%/15%/20% gain. B) The net capital gain is composed of $5,000 28% gain and $2,000 0%/15%/20% gain. C) The net capital gain is composed of $3,000 28% gain, $2,000 25% gain, and $2,000 0%/15%/20% gain. D) The net capital gain is composed of $1,000 28% gain and $6,000 0%/15%/20% gain. E) The net capital gain is composed of $1,000 25% gain and $6,000 0%/15%/20% gain.
Answers
Answer:
E) The net capital gain is composed of $1,000 25% gain and $6,000 0%/15%/20% gain.
Explanation:
Calculation to determine what the net capital gain is composed of
Based on the information information given the amount of $6,000 STCL will have to offsets the $5,000 28% gain which is represent the highest tax rate gain while -$1,000 of 25% gain which is the amount that remain as loss will as well offsets the next highest tax rate gain.
Hence
Net capital gain= $6,000 STCL - $5,000 28% gain
Net capital gain= - $1,000 of 25% gain
Therefore the net capital gain is composed of
$1,000 25% gain and $6,000 0%/15%/20% gain.
Exxon has the following capital structure: the firm issued 6 million shares of common stock with the stock price in c), the firm also issued 1.5 million shares of preferred stock with $4.5 preferred dividend per share, currently, Exxon has $25 millions in debts with interest rate as 6.5%. Suppose the current preferred stock price is $6 per share and the current common stock price is as in question (c), and the corporate tax rate is 25%. What is the (after-tax) weighted average cost of capital for Exxon
Answers
Answer: some data is missing but I was able to find it online and that helped me resolve the problem .
answer : WACC = 15.76%
Explanation:
Given that the common stock price = $9 ( as seen in option C not attached above )
value of common stock = $9 * 6 * 10^6 = $54,000,000
cost of common equity = 10.93%
current preferred stock price = $6
value of preferred stock = $6 * 1,500,000 = $9,000,000
hence the cost of the preferred equity = $4.5 / $6 = 0.75 = 75%
interest rate of debts = 6.5%
value of debit = $25,000,000
Corporate tax rate = 25%
∴ The cost of the debit after tax = 6.5% * ( 1 - 25)% = 4.88%
The Total value = value of common stock + value of preferred stock + value of debit
= 54,000,000 + 9,000,000 + 25,000,00 = $88,000,000
Finally the weighted average cost of capital ( WACC )
[weight of debt * cost of debt after tax ] + [ weight of common equity * cost of common equity ] + [weight of preferred * cost of preferred ]
= [ (25/88) * 4.875 ] + [(54/88) * 10.933] + [ (9/88) * 75 ]
= 15.76%
How do deductions affect the amount of a paycheck?
Answers
Deductions are amounts that are subtracted from an employee's gross pay (their total earnings before any deductions or taxes are taken out) to determine their net pay.
Several types of deductions may be taken out of a paycheck, including taxes, insurance premiums, and retirement plan contributions.
Additionally, some deductions, such as those for 401(k) contributions, are made on a pre-tax basis, which means that they are taken out of an employee's gross pay before taxes are calculated. Other deductions, such as taxes and insurance premiums, are taken out of an employee's gross pay after taxes have been calculated.
Employers must abide by the laws and regulations of the state and federal governments when it comes to deductions, and provide their employees with detailed information about the deductions taken out of their paychecks.
In summary, deductions are amounts that are subtracted from an employee's gross pay to determine their net pay and can include taxes, insurance premiums, and retirement plan contributions. Employers must take these deductions legally and should provide employees with detailed information about what deductions are being taken out of their paychecks.
Learn more about Paycheck:
https://brainly.com/question/29052811
Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 2,900 liters in beginning work in process inventory (30% complete). During the period, 59,110 liters were completed. The ending work in process was 5,180 liters (70% completed). All inventories are costed by the first-in, first-out method. What is the total equivalent units for direct materials (using the FIFO method) if materials were added at the beginning of the process?
Answers
Answer: 61,390 liters
Explanation:
If materials were added at the beginning, they will be 100% accounted for at the end of the process.
Equivalent Units = Units started and completed + Ending inventory
= Units completed - Beginning WIP + Ending inventory
= 59,110 - 2,900 + 5,180
= 61,390 liters
Burns Industries currently manufactures and sells 18,000 power saws per month, although it has the capacity to produce 33,000 units per month. At the 18,000-unit-per-month level of production, the per-unit cost is $61, consisting of $38 in variable costs and $23 in fixed costs. Burns sells its saws to retail stores for $78 each. Allen Distributors has offered to purchase 4,800 saws per month at a reduced price. Burns can manufacture these additional units with no change in its present level of fixed manufacturing costs. Using an incremental analysis approach, Burns should consider accepting this special order only if the price per unit offered by Allen is at least:
Answers
Answer:
Burns Industries
Using an incremental analysis approach, Burns should consider accepting this special order only if the price per unit offered by Allen is at least:
above $38 (the variable cost per unit).
Explanation:
a) Data and Calculations:
Monthly production and sales units = 18,000
Production capacity per month = 33,000 units
Costs at the 18,000-unit-per-month level of production:
Variable costs = $38
Fixed costs = 23
Total per unit = $61
Selling price per unit = $78
Special offer for 4,800 saws per month, without changing the fixed manufacturing costs.
b) Incremental analysis approach is a management decision technique that specifies that only relevant, marginal, or differential costs should be taken into account. It rules out the inclusion of sunk or fixed costs, which do not change between alternatives.
Marathon Company has 10,000 units of its product that were produced last year at a total cost of $150,000. The units were damaged in a rain storm because the warehouse where they were stored developed a leak in the roof. Marathon can sell the units as is for $2 each or it can repair the units at a total cost of $18,000 and then sell them for $5 each. Should Marathon sell the units as is or repair them and then sell them
Answers
Answer: Marathon should repair the units since an income of $12000 will be gotten.
Explanation:
Based on the information given, the following can be deduced:
Revenue when repaired = 10000 × $5 = $50000
Revenue if sold without repair = 10000 × $2 = $20000
Incremental revenue = $50000 - $20000 = $30000
Cost to repair = $18000
Incremental be Income = $30000 - $18000 = $12000
Therefore, Marathon should repair the units since an income of $12000 will be gotten.
Lynn has an account that ears interest at annual rate of 5% percent. Interest is compounded quarterly. Lynn’s account is $4000. What is the balance in her account at the end of the year
Answers
Answer:
Ending balance in account = $4,203.8 (Approx.)
Explanation:
Given:
Starting balance in account = $4,000
Rate of interest annually = 5%
Number of year = 1
Find:
Ending balance in account
Computation:
Compounded quarterly
So,
Number of interest period = 1 x 4 = 4
Rate of interest quarterly = 5% / 4 = 1.25% = 0.0125
So,
A = P[1+r]ⁿ
Ending balance in account = 4,000[1+0.0125]⁴
Ending balance in account = 4,000[1.0125]⁴
Ending balance in account = 4,000[1.05094]
Ending balance in account = 4203.76
Ending balance in account = $4,203.8 (Approx.)
You are considering a project that requires an initial investment of $98,000 with a cost of capital of 14%. You expect the project to have a five-year life, and produce cash flows of $19,000 in year 1, $32,000 in year 2, $64,000 in year 3, $26,000 in year 4 and $10,000 in year 5. What is this project’s net present value? Group of answer choices
Answers
Answer:
NPV= 7,076.59
Explanation:
Giving the following information:
Initial investment= $98,000
Cash flows:
Cf1= 19,000
Cf2= 32,000
Cf3= 64,000
Cf4= 26,000
Cf5= 10,000
To calculate the NPV, we need to use the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
∑[Cf/(1+i)^n]:
Cf1= 19,000/1.14= 16,666.67
Cf2= 32,000/1.14^2= 24,622.96
Cf3= 64,000/1.14^3= 43,198.18
Cf4= 26,000/1.14^4= 15,394.09
Cf5= 10,000/1.14^5= 5,193.69
∑[Cf/(1+i)^n]= 105,076.59
Now, the NPV:
NPV= -98,000 + 105,076.59
NPV= 7,076.59
Different textbooks were grouped in various ways but in general the six main external environments are economy citing culture politics and law competition technology and natural environment yes or no
Answers
It is true that in general, the six main external environments are economy culture, politics and law, competition, technology and natural environment.
What are the factors in external environment?An external environment is made up of all the outside factors or influences that have an impact on how a business operates. To maintain the flow of operations, the company must act or react.
The external environment is divided into two types: microenvironment and macroenvironment in which the micro environment consists of the factors that directly impact the operation of a company while the macro environment consists of general factors that a business typically has no control over.
Businesses should consider the following external environment factors which are political, economic, social and cultural, legal, technological, and environmental/natural.
Read more about external environment
brainly.com/question/21680038
#SPJ1
Linda, who files as a single taxpayer, had AGI of $280,000 for 2018. She incurred the following expenses and losses during the year:
Medical expenses (before the 7.5%-of-AGI limitation) $33,000
State and local income taxes 4,800
State sales tax 1,300
Real estate taxes 6,000
Home mortgage interest 5,000
Automobile loan interest 750
Credit card interest 1,000
Charitable contributions 7,000
Casualty loss (before 10% limitation but after $100 floor; not in a Federally declared disaster area) 34,000
Unreimbursed employee business expenses 7,600
Calculate Linda’s allowable itemized deductions for the year.
$______________.
*The AGI limit for medical expenses is 7.5% now for 2018. It was 10% in previous years.*
*Also in 2018, taxpayers can't claim unreimbursed employee expenses because it is now considered personal exp in 2018-2025 due to new tax rules.*
Answers
Answer:
$27,000
Explanation:
Calculation to determine Linda’s allowable itemized deductions for the year.
Local and state taxes $10,000
Home mortgage interest $5,000
Charitable contributions $7,000
Unreimbursed employee expenses Eliminated from 2019
Medical Expense $5,000
[$33,000-(280,000*10%)]
Casualty Loss Eliminated from 2019
Linda's Allowable itemized deduction for the year $27,000
($10,000+$5,000+$7,000+$5,000)
Therefore Linda's Allowable itemized deduction for the year is $27,000
Weidner Company sells 22,000 units at $30 per unit. Variable costs are $24 per unit, and fixed costs are $40,000.
Determine:
(a) the contribution margin ratio,
(b) the unit contribution margin, and
(c) income from operations.
Answers
Answer:
See below
Explanation:
a. Contribution margin ratio
= (Unit price - Variable cost per unit) / Unit price
Unit price = $30 per unit
Variable cost per unit = $24 per unit
Therefore,
Contribution margin ratio = ($30 - $24) / $30
Contribution margin = $0.2
b. Unit contribution margin
= Selling price unit - Variable cost per unit
Selling price per unit = $30 per unit
Variable cost per unit = $24
Therefore,
Unit contribution margin = $30 - $24
Unit contribution margin = $6
c. Income from operations
Sales (22,000 units at $30)
$660,000
Less:
Variable cost (22,000 units at $24)
$528,000
Contribution margin
$132,000
Less:
Fixed costs
($40,000)
Net income
$92,000
Explain right to be heard with examples
Answers
The right to be heard means that, depending on their age and maturity, children can be involved in decisions and issues that affect them.
What is the right to be heard?The right to be heard (including the participation of children) is a principle of child rights as defined in the United Nations Convention on the Rights of the Child. According to article 12 of the Convention, children have the right to express their views on all matters that affect them, and their views must be given due weight according to their age and maturity. This right applies equally to children's participation in social and political affairs, and to judicial and administrative proceedings. As a general principle, children's right to be heard should be addressed not only as vulnerable individuals with special protection needs, but also as informed decision makers, rights holders and active members of society. It reflects the child's notion of 'agency', The right to a hearing in article 12 is closely related to other articles of the Convention, which together form the so-called 'participation rights' of children and the recognition of children as citizens with rights holders. Emphasis on understanding.learn more about the right to be heard
https://brainly.com/question/1175570
#SPJ1
B MC Qu. 20-87 Masterson Companys budgeted production... Masterson Company's budgeted production calls for 69,000 units in April and 65,000 units in May of a key raw material that costs $1.75 per unit. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 20,700 unit. What is the budgeted materials needed in units for April
Answers
Answer:
67,800 units
Explanation:
Given the information above,
The budgeted production for April = 69,000 units
The budgeted production for May = 65,000 units
The cost of raw material per unit = $1.75
At the end of each month, the inventory should be = 30%
The April 1 inventory = 20,700 units
Therefore, the budgeted material in units required for April production
= Materials needed + Ending inventory requirement - Beginning inventory available
= 69,000 + (65,000 × 30%) - 20,700
= 69,000 + 19,500 - 20,700
= 67,800 units
Communication which occurs via a mass
email would fall under which category?
A. a synchronous
C. horizontal
B. vertical
D. synchronous
Answers
Mass email communication is considered to be synchronous communication. The correct answer is option (d).
What is synchronous communication?Real-time communication among two or more parties is referred to as synchronous communication. A synchronous communication interaction is essentially a live, interactive conversation between two parties. A continuous and constant timed transmission of data blocks is referred to be synchronous. When a lot of data has to be transported fast from one place to another, these connections are employed.
Synchronous is a generic term used to describe events that take place simultaneously. Face-to-face conversation and video chatting are examples of synchronous communication since they entail real-time back and forth. Instant messaging, video conferencing, and phone calls are synchronous communication examples.
To know more about synchronous communication, visit:
https://brainly.com/question/717130
#SPJ1
Outsourcing (Make-or-Buy) Decision
Assume a division of Hewlett-Packard currently makes 16,000 circuit boards per year used in producing diagnostic electronic instruments at a cost of $27 per board, consisting of variable costs per unit of $22 and fixed costs per unit of $5. Further assume Sanmina Corporation offers to sell Hewlett-Packard the 16,000 circuit boards for $27 each. If Hewlett-Packard accepts this offer, the facilities currently used to make the boards could be rented to one of Hewlett-Packard's suppliers for $25,000 per year. In addition, $3 per unit of the fixed overhead applied to the circuit boards would be totally eliminated. Calculate the net benefit (cost) to HP of outsourcing the component from Samina-SCI.
Answers
Answer:
If the company makes the units, it will save $7,000 per period.
Explanation:
Giving the following information:
Make in-house:
Number of units= 16,000
Variable cost per unit= $22
Avoidable fixed cost per unit= $3
Buy:
Number of units= 16,000
Buying price= $27
Rent= $25,000
First, we will determine the total cost of each option:
Make:
Total cost= 16,000*(22 + 3)= $400,000
Buy:
Total cost= 16,000*27 - 25,000= $407,000
If the company makes the units, it will save $7,000 per period.
The eleven southern New Jersey stores of Elder Dry Goods have been hurt in recent months by a large increase in shoplifting losses. The company's risk manager concluded that while the frequency of shoplifting losses has been high, the severity remains relatively low.
Required:
Which risk management techniques would be most appropriate for this problem?
Answers
Answer: loss control and retention
Explanation:
The options to the question are:
A. retention
B) loss control and retention
C) transfer through insurance
D) avoidance
Based on the information given in the question, management techniques would be most appropriate for this problem is the loss control and retention.
Loss control also referred to as risk reduction can be done through the prevention of loss by reducing the probability of risk, thereby minimizing the loss. This will be vital in this scenario as the shoplifting will reduce.
Graham Corp. has 1,000 cartons of oranges that were harvested at a cost of $26,500. The oranges can be sold as is for $30,000. The oranges can be processed further into orange juice at an additional cost of $12,500 and be sold at a price of $46,000. The net benefit (additional income) from processing the oranges into orange juice instead of selling as is would be: rev: 12_08_2020_QC_CS-243270 Multiple Choice $16,000. $(16,000). $(3,500). $3,500. $33,500.
Answers
Answer:
C. $3,500
Explanation:
The total cost of orange juice = $26,500 + $12,500
The total cost of orange juice = $39,000
So, the profit on the orange juice = $46,000 - $39,000 = $7,000
Profit when oranges are sold without juice = $30,000 - $26,500
Profit when oranges are sold without juice = $3,500
So, extra income = $7,000 - $3,500 = $3,500
Thus, the net benefit (additional income) from processing the oranges into orange juice instead of selling as is would be is $3,500
A company has won an important government contract. Several employees have been transferred from their existing projects to support a new contract. Some of the employees who have transferred will be working long hours and still need access to their project information to transition work to their replacements.
Which of the following should be implemented to validate that the appropriate offboarding process has been followed?
A. Separation of duties
B. Time-of-day restrictions
C. Permission auditing
D. Mandatory access control
Answers
Answer:
C. Permission auditing
Explanation:
Since in the question it is mentioned that some of the employees would have been transferred and still they need to access the project information in order to transit the work to their replacements
So for this the permission auditing should be implemented so that the employees could get the relevant information what they need and according to that they can do the work
Therefore, the option c is correct
Which of the following tasks is the project manager least likely to be involved
in?
O A. Monitoring the budget
B. Defining the project scope
C. Documenting important project changes
D. Running project meetings
Answers
Explanation: I do t see why the project manager would be worried about the money aspect I think he would only be worried about the task part
Using the following information, compute the direct materials used.
Raw materials inventory, January 1 $15000
Raw materials inventory, December 31 35000
Work in process, January 1 18000
Work in process, December 31 12000
Finished goods, January 1 40000
Finished goods, December 31 32000
Raw materials purchases 1,600,000
Direct labor 760,000
Factory utilities 150,000
Indirect labor 50,000
Factory depreciation 400,000
Operating expenses 420,000
A. $1,100,000.
B. $1,115,000.
C. $1,135,000.
D. $1,085,000.
Answers
Answer:
$1,580,000
Explanation:
Computation for the direct materials used
Using this formula
Direct Material Used = Raw materials purchases + Opening Stock of Raw Material - Closing Stock of Raw Material
Let plug in the formula
Direct Material Used= $1,600,000 + $15,000 - $35,000
Direct Material Used= $1,580,000
Therefore The Direct Material Used is $1,580,000