The annual worth for years 1 through infinity of $50,000 now, $10,000 per year in years 1 through 15, and $20,000 per year in years 16 through infinity at 10% per year is closest to

Answers

Answer 1

Answer:

The annual worth of cash flow is $17,394

Explanation:

The computation is shown below:

Present value  = F × (P|F,i,n) + A × (P|A,i,n)

= $50,000 + $10,000 × (P|A,10%,15) + ($20,000 ÷ 0.1) × (P|F,10%,15)

= $50,000 + $10,000 × 7.606 + ($20,000 ÷ 0.1) × 0.2394

= $173,940

Now

Annual Worth is

= P × (A|P,i,n)

= $173,940 × (A|P,10%,infinity)

= $173,940 × 0.1

= $17,394

Hence, the annual worth of cash flow is $17,394


Related Questions

When your roommate does not consider your external costs in the absence of external costs from playing music, the number of hours played is

Answers

Answer:

the number of hours music played is too high

Explanation:

When the roommate does not consider the external cost in absence of external benefit then the hours of music played is too high. The roommate has bought the expensive stereo system so his marginal benefit is lower than the marginal costs. The marginal benefit will equal to the marginal cost when the stereo system is played for many hours.

How has cuba changed torughtout history

Answers

Answer:

After the revolutionary government nationalized all U.S. property in Cuba in August 1960, the American Eisenhower administration froze all Cuban assets on American soil, severed diplomatic ties and tightened its embargo of Cuba. The Key West–Havana ferry shut down.

Explanation:

Money, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are projected to be $26,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 12% higher. If there is a recession, then EBIT will be 25% lower. Money is considering a $65,000 debt issue with an interest rate of 6 percent. The proceeds will be used to repurchase shares of stock. There are currently 10,000 shares outstanding. Ignore taxes for this problem.a-1. Calculate earnings per share, EPS, under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))a-2. Calculate the percentage changes in EPS when the economy expands or enters a recession. (Do not round intermediate calculations. Negative amounts should be indicated by a minus sign.)b-1. Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))b-2. Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))

Answers

Answer and Explanation:

Answer and explanation attached

Lane Stevens is to retire from the partnership of Stevens and Associates as of March 31, the end of the current fiscal year. After closing the accounts, the capital balances of the partners are as follows: Lane Stevens, $150,000; Cherrie Ford, $70,000; and LaMarcus Rollins, $60,000. They have shared net income and net losses in the ratio of 3:2:2. The partners agree that the merchandise inventory should be increased by $22,300 and the allowance for doubtful accounts should be increased by $1,300. Stevens agrees to accept a note for $100,000 in partial settlement of his ownership equity. The remainder of his claim is to be paid in cash. Ford and Rollins are to share equally in the net income or net loss of the new partnership.
a. Journalize the entry to record the adjustment of the assets to bring them into agreement with current market prices.
b. Journalize the entry to record the withdrawal of Stevens from the partnership.

Answers

Answer: See attachment

Explanation:

a. Journalize the entry to record the adjustment of the assets to bring them into agreement with current market prices.

The journal entry has been prepared and attached.

b. Journalize the entry to record the withdrawal of Stevens from the partnership.

The journal entry has been prepared and attached.

i dont have to pay for this right?

Answers

Answer:

no

Explanation:

I think you do if you run out of points or videos

scope definition is among the first tasks that must happen in projects. how is project scope defined

Answers

Explanation:

Project scope could be defined as a concise foreknowledge of what work needs to be done in other to accomplish the objectives of a specific project.

Therefore, it may involve having answers to some of these question:

what do want to accomplish with this project?what are the requirements, skills, or tools needed for this project?how long would the project take to complete?how much would it cost to complete the project?who should do this task or that task?

In recent years, a number of cities have passed taxes on carbonated sodas to help reduce obesity and to raise tax revenues. An article in the New York Times observes that: "With that public momentum, a soda tax may be coming to a city near you. Source: Anahad O'Connor and Margot Sanger-Katznov, "As Soda Taxes Gain Wider Acceptance, Your Bottle May Be Next," New York Times, November 26, 2016 If this forecast is correct, is the demand for premium bottled water Ekely to increase or decrease? Briefly explain
A. Decrease, because premium bottled water and carbonated sodas are complements.
B· Increase, because premium bottled water and carbonated sodas are substitutes.
C. Increase, because premium bottled water and carbonated sodas are complements.
D. Decrease, because premium bottled water and carbonated sodas are substitutes.

Answers

Answer:

Option B. Increase, because premium bottled water and carbonated sodas are substitutes.

Explanation:

The compliments are used together no apart. The example includes Tennis Balls and Rackets, automobile and petrol, etc. It means that they are compulsory for each other and their existence is dependent on the other. No one will buy tennis rackets if they don't have access to tennis ball.

On the other hand, substitute means that you have an alternative thing which will fulfill you needs. If the weather is hot and you don't have access to cold drinks then you can drink juice or cold water. Substitute fulfills our desires if we can't access the desired items.

Now coming back to question, the tax on carbonated water will increase the price of Soda which means its demand will decrease and people try substitutes. The substitute is either water or juice. If the coffee is 5 times expensive than tea then you will choose tea not coffee. Hence the demand of bottled water and juices will go up.

Hence the option B is correct here.

A pie graph uses _________to represent information. a. Lines c. Odd numbers b. Dots d. Percentages

Answers

it uses d percentages

Answer:

the answer is D.

Explanation:

be5-4, Prepare the journal entries to record the following transactions on Novy Company’s books using a perpetual inventory system. (a) On March 2, Novy Company sold $900,000 of merchandise to Opps Company, terms 2/10, n/30. The cost of the merchandise sold was $590,000. (b) On March 6, Opps Company returned $90,000 of the merchandise purchased on March 2. The cost of the returned merchandise was $62,000. (c) On March 12, Novy Company received the balance due from Opps Company.
be5-5, From the information in BE5-4, prepare the journal entries to record these trans- actions on Opps Company’s books under a perpetual inventory system.

Answers

Answer:

a: March 2

Dr Accounts Receivable 900,000

Cr Sales Revenue 900,000

March 2

Dr Cost of Good Sold 590,000

Cr Inventory 590,000

b. March 6

Dr Sales Returns and Allowances 90,000

Cr Accounts Receivable 90,000

March 6

Dr Inventory 62,000

Cr Cost of Goods Sold 62,000

c. March 12

Dr Cash 793,800

Dr Sales Discount 16,200

Cr Accounts Receivable 810,000

Explanation:

Preparation of Journal entries using a perpetual inventory system

a. March 2

Dr Accounts Receivable 900,000

Cr Sales Revenue 900,000

(To record sale of merchandise)

March 2

Dr Cost of Good Sold 590,000

Cr Inventory 590,000

b. March 6

Dr Sales Returns and Allowances 90,000

Cr Accounts Receivable 90,000

(To record sale of merchandise)

March 6

Dr Inventory 62,000

Cr Cost of Goods Sold 62,000

c. March 12

Dr Cash 793,800

(98%*810,000)

Dr Sales Discount 16,200

(2%*810,000)

Cr Accounts Receivable 810,000

(900,000-90,000)

A: March 2

Dr assets 900,000

Cr Sales Revenue 900,000

March 2

Dr Cost of excellent Sold 590,000

Cr Inventory 590,000

B. March 6

Dr Sales Returns and Allowances 90,000

Cr assets 90,000

March 6

Dr Inventory 62,000

Cr Cost of products Sold 62,000

C. March 12

Dr Cash 793,800

Dr Sales Discount 16,200

Cr assets 810,000

Journal entries  

Preparation of Journal entries employing a perpetual inventory system

A. March 2

Dr assets 900,000

Cr Sales Revenue 900,000

(To record sale of merchandise)

March 2

Dr Cost of fine Sold 590,000

Cr Inventory 590,000

B. March 6

Dr Sales Returns and Allowances 90,000

Cr assets 90,000

(To record sale of merchandise)

March 6

Dr Inventory 62,000

Cr Cost of products Sold 62,000

C. March 1

Dr Cash 793,800

(98%*810,000)

Dr Sales Discount 16,200

(2%*810,000)

Cr assets 810,000

[tex](900,000-90,000)[/tex]

Find out more information about Journal entries here:

https://brainly.com/question/8913038

PLS HELP!!!!
1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow?
Why?
Based on the profit loss statement rings and things has a negative cash flow because they're not
operating activities is not breaking even and they are losing money.
2. Based on the profit-loss statement, name two ways Janet and Omar can improve their cash flow.
3. Omar and Janet decide to revise their budget for Rings and Things. What suggestions about labor
costs would you make, if the goal is to improve the business's cash flow?
4. Omar and Janet are also trying to forecast what their federal and state income taxes will at the end
of the year. If Rings and Things had a negative cash flow of $150.00 per month from January
through April, but a positive cash flow of $1,000.00 per month (after expenses) from May through
December, on what dollar amount will they determine their income taxes? What expenses could be
used for tax deductions?

Answers

Answer:

1. They have a negative cash flow.

Because their net operating activities is not breaking even, in other words, they are losing money.

2.Omar and Janet should reduce the budget for labor

The labor budget for Janet and Omar is $1000, approximately 57 percent of their total cost. Labor costs are 62 percent of the total income earned. This indicates that Janet and Omar's labor budget is on the upper side.

As a rule of thumb, labor should range between 25 to 35 percent of the totals costs. Another school of thought suggests that labor should not exceed 30 percent of total revenue. For Janet and Omar to be profitable, they must revise their budget downwards. The ideal labor cost should be below $400.

3. Review labor costs downwards.

4. They will determine their income taxes based on their positive cash flow of $1,000.00 per month. This is because this cash flow spans across more months than their negative cash flow of -$150.00 per month. Expenses that could be used for their tax deductions is sales tax.

Answer:They have a negative cash flow.

Because their net operating activities is not breaking even, in other words, they are losing money

Explanation:

hope this helped!

The Excellent Agency specializes in developing advertising campaigns for smaller retail clients. Excellent is hired by Shadowleaf Shoes, a small regional chain of six shoe stores, to develop a slogan and specific ads to be used in a three-month newspaper campaign. Shadowleaf’s marketing director, Manuel Margolis, is adamant while meeting with Excellent's account executive, Kia Chin, that the campaign must be catchy and modern to appeal to a target audience that has an active lifestyle and is between the ages of 18 and 35. More importantly, Margolis wants the slogan to be memorable and unique. Kia Chin, representing Excellent, develops a campaign and presents it to Margolis. The campaign is based on the slogan "Do What You Do in a Shadowleaf Shoe." Visuals depict men’s legs—different sizes, skin colors, etc.—walking, jogging, dancing, and otherwise moving in every type of Shadowleaf’s shoes. Margolis feels that this campaign will target young male consumers, but will also get the attention of others regarding the comfort of the shoes, raising awareness of the Shadowleaf brand. After running the ads, the Excellent Agency wins an advertising effectiveness award. It seems that the surprising and appealing visuals gave the slogan unexpectedly positive social meaning for people of all ages, not just men aged 18 to 35. When Manuel Margolis insists on a measuring stick for the creativity of the campaign, what will the Xcellent Agency tell him, if Kia Chin is smart?
A. "The award alone proves that this ad is loaded with creativity."
B. "If people like the ad, they’ll buy the product."
C. "We met the technical standards for this advertising effort."
D. "Great brands do more than just get attention, they make emotional connections."

Answers

Answer:

D. "Great brands do more than just get attention, they make emotional connections."

Explanation:

In the given scenario the aim of Manuel Margolis was to catch attention of clients aged 18 - 35 years. However Kia Chin developed campaign is based on the slogan "Do What You Do in a Shadowleaf Shoe." Visuals depict men’s legs—different sizes, skin colors, etc.—walking, jogging, dancing, and otherwise moving in every type of Shadowleaf’s shoes. After running the ads, the Excellent Agency wins an advertising effectiveness award.

This initiative created an emotional connection with the customer where the visuals attracted them and the comfort of Shadowleaf shoes made them loyal customers.

So the best statement Kia Chin can tell Manuel is "Great brands do more than just get attention, they make emotional connections."

There is a natural progression from one statement to the next. The following boxes represent the four financial statements. The set of financial statements is prepared at the end of each accounting period to communicate information about the company’s operations during that period to its users. Use the selection lists to demonstrate your knowledge of the relationships between the statements. In the headings, you will need to select the appropriate statement name and time period.(Hint: Ask yourself if the statement covers a period of time or if it is a snapshot at a given point in time.) Then complete the blanks following the headings.)
Statement:
ABC Company This statement shows how profitable a company is. It is sometimes referred to as the profit and loss (P&L) statement.
This statement summarizes the_______ Which item from this financial statement appears on the next financial statement?

Answers

Answer:

Income Statement:  

ABC Company This statement shows how profitable a company is. It is sometimes referred to as the profit and loss (P&L) statement.

This statement summarizes the_revenue and expenses______ .

Which item from this financial statement appears on the next financial statement?

Net Income

Explanation:

For instance, Company XYZ reports the Net Income (net profit) from the Income Statement to the Statement of Retained Earnings.  This second financial statement shows the distribution of profits to Company XYZ's stockholders.  From this second statement, the company takes an item known as the Retained Earnings to the next statement called the Balance Sheet (a snapshot of financial position).  The last statement usually prepared as part of financial reporting is the Statement of Cash Flows, which classifies the financial (cash) activities of the business into three: Operating, Investing, and Financing activities.  The Statement of Cash Flows shows the cash inflows and outflows during a period.

Evaluating staffing and supervisory needs in the Incident Command Post. Identifying resource shortfalls. Updating planning documents. What NIMS Management Characteristics are you supporting

Answers

Answer:

Management by Objectives Incident Action Planning Manageable Span of Control

Explanation:

Following management by objectives, the general staff chiefs must begin developing strategies based upon the objectives set by the command.

Following incident action planning, the general staff  chiefs should update planning documents that include resource and staffing needs.

Following manageable span of control, the general staff chiefs must evaluate staffing needs and make sure that no supervisor has to many subordinates.

Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement, which follows:Sales $1,584,000Variable expenses $610,020Contribution margin $973,980Fixed expenses $1.071,000Net operating income (loss) $(97,020)In an effort to isolate the problem, the president has asked for an income statement segmented by division. Accordingly, the Accounting Department has developed the following information:East DivisionSales $434,000Variable expenses as a percentage of sales 53%Traceable fixed expenses $261,000Central DivisionSales $650,000Variable expenses as a percentage of sales 20%Traceable fixed expenses $357,000West DivisionSales $500,000Variable expenses as a percentage of sales 50%Traceable fixed expenses $204,0001. Prepare a contribution format income statement segmented by divisions, as desired by the president.2-a. As a result of a marketing study, the president believes that sales in the West Division could be increased by 14% if monthly advertising in that division were increased by $29,000. Calculate the incremental net operating income.2-b. Would you recommend the increased advertising?

Answers

Answer:

Required 1.

Contribution format income statement

                                                                 East              Central             West

Division Sales                                    $434,000         $650,000      $500,000

Less Variable Expenses                  ($230,020)        ($130,000)     ($250,000)

Controllable Contribution                 $203,980         $520,000      $250,000

Less Controllable Fixed Costs :

Traceable fixed expenses                ($261,000)       ($357,000)     ($204,000)

Controllable Profit/(Loss)                    ($57,020)        $163,000          $46,000

Required 2.

2a. Calculation of Incremental Net Income - West Division

Incremental Sales ($500,000 × 14%)                         $70,000

Less Incremental Variable Expenses                       ($29,000)

Incremental Contribution                                            $41,000

Less Incremental Fixed Expenses                                       $0

Incremental Net Income/ (loss)                                   $41,000

2b. Recommendation

Yes. The Increase in advertising is bringing a positive contribution towards the Company`s loss.

Explanation:

The Company`s loss will reduce by $41,000 to ($56,020) due to increase in advertising.

Portions of the financial statements for Peach Computer are provided below.
PEACH COMPUTER
Income Statement
For the year ended December 31, 2021
Net sales $1,800,000
Expenses:
Cost of goods sold $1,050,000
Operating expenses 560,000
Depreciation expense 50,000
Income tax expense 40,000
Total expenses 1,700,000
Net income $100,000
PEACH COMPUTER
Selected Balance Sheet Data
December 31
2021 2020 Increase (I) or Decrease (D)
Cash $102,000 $85,000 $17,000 (I)
Accounts receivable 45,000 49,000 4,000 (D)
Inventory 75,000 55,000 20,000 (I)
Prepaid rent 3,000 5,000 2,000 (D)
Accounts payable 45,000 37,000 8,000 (I)
Income tax payable 5,000 10,000 5,000 (D)
Required:
Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method.

Answers

Answer:

Net cash flows from Operating activities = $139,000

Explanation:

                                  Statement of Cash Flows

Cash-flows from Operating activities

Net income for the year                                          $100,000

Adjustment for non-cash effects

Depreciation expenses                        $50,000

Decrease in Accounts receivables      $4,000

Increase in Inventory                           -$20,000

Decrease in Prepaid rent                      $2,000

Increase in Accounts payable               $8,000

Decrease in Income tax payable         -$5,000        $39,000

Net cash flows from Operating activities               $139,000

Present and future value tables of $1 at 3% are presented below:

N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1
1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000
2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087
3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347
4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861
5 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710
6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971
7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719
8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028
9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969
10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611
11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020
12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262
13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400
14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496
15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607
16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794

You want to invest $20,000 today to accumulate $22,500 to buy a car. If you can invest at an interest rate of 3% compounded annually, how many years will it take to accumulate the required amount?

Answers

Answer:

binder: Liquid substance used in paint and other media to bind particles of pigment together.

fresco: Where pigments are mixed with water and then applied to a plaster support, usually a wall or a ceiling.

gouache: A type of watercolor in which white pigment is added creating a duller effect, and a tinted feel.

oil: Painting medium where pigments are binded using oils, usually linseed oil.

painting media: Material made of three components; pigment,vehicle, and binder

pigment: Ground up solids that contain color the color in paint.

tempera: A water based painting medium made with egg yolk, often used to paint frescos and panels.

vehicle: Adjusts the viscosity of the paint.

watercolor: Pigment that is mixed with arabic and gum, and mostly water before it is applied to the paper.

Painting Media

Direct Instruction  Active

Highlighter

CyanMagentaGreeenClear Highlights

Headphones

Explanation:

A General Power bond carries a coupon rate of 8%, has 9 years until maturity, and sells at a yield to maturity of 7%. (Assume annual interest payments.) a. What interest payments do bondholders receive each year

Answers

Answer:

$80

Explanation:

The computation fo the amount of the interest payment that bondholders received each year is shown below:

= face value of the bond × coupon rate

= $1,000 × 8%

= $80

We assume the face value of the bond be $1,000

We simply applied the above formula

And, the same is to be considered

A machine with a useful life of six years and a residual value of $3,000 was purchased at the beginning of year 1 for $30,000. The machine was sold for $15,000 on April 1 in year 4. a. What was the book value of the machine at the end of year 3 assuming the straight-line method of depreciation is used

Answers

Answer:

Book value= $16,500

Explanation:

Giving the following information:

Useful life= 6 years

Purchase value= $30,000

Residual value= $3,000

First, we need to calculate the annual depreciation using the straight-line method:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (30,000 - 3,000) / 6

Annual depreciation= $4,500

Now, the accumulated depreciation at the end of year 3:

Accumulated depreciation= 3*4,500= $13,500

Finally, the book value:

Book value= purchase price - accumulated depreciation

Book value= 30,000 - 13,500

Book value= $16,500

The following is selected information from Bonita Corporation for the fiscal year ending October 31, 2018
Cash received from customers $301000
Revenue recognized 376000
Cash paid for expenses 184000
Cash paid for computers on November 1, 2017 that will be used for 3 years (annual depreciation is $16100) 48300
Expenses incurred, including interest, but excluding any depreciation 218000
Proceeds from a bank loan, part of which was used to pay for the computers 95000
Based on the accrual basis of accounting, what is Monty Corporation’s net income for the year ending October 31, 2018?

Answers

Answer:

Net Income = $141,900

Explanation:

Accrual Basis of Accounting

                 Net income of Monty Corporation’s for the

                       year ending October 31, 2018

       Particulars                                                    Amount

Revenue recognized                                          $376,000

Less: Expenses incurred, including interest,    $218,000

         but excluding any depreciation

          Depreciation                                             $16,100  

Net Income                                                          $141,900

Estella Osage publishes an online travel magazine. In need of​cash, the business applies for a loan with National Bank. The bank requires borrowers to submit financial statements. With little knowledge of​ accounting, Estella​ Osage, the​ owner, does not know how to proceed.The explanations for how to prepare each​ statementRequirements:1. What are the four financial statements that the business will need to​ prepare?2. Is there a specific order in which the financial statements must be​ prepared?3. Explain how to prepare each statement.Requirements​ 1, 2, and 3. What are the four financial statements that the business will need to​ prepare? Is there a specific order in which the financial statements must be​prepared? Explain how to prepare each statementIn the first​ column, select the four financial statements that the business will need to prepare. In the second​ column, select the number corresponding with the order the financial statements must be prepared. If there is no specific​ order, select​ "n/a" for each statement. In the third​ column, select the letter grouping that corresponds with the proper explanations for how to prepare each statement.1. Financial statement 2. Order 3. How to preparea. Each asset account is listed separately and then totaled. Cash is always listed first.b. Each dollar amount is calculated by evaluating the cash column on the transaction detail.c. Each expense account is listed separately from largest to smallest and then subtotaled if necessary.d. Financing activities include cash contributions by the owner and owner withdrawals of cash.e. Investing activities include the purchase and sale of land and equipment.f. Liabilities are listed separately and then totaled. Liabilities that are to be paid first are listed first.g. Net income is calculated as total revenues minus total expenses.h. Operating activities involve cash receipts for services provided and cash payments for expenses paid.i. The beginning capital is listed first and will always be the ending capital from the previous time period.j. The ending cash balance must match the cash balance on the balance sheet.k. The header includes the name of the​ business, the title of the​statement, and the​ date, listed as a period of time.  l. The header includes the name of the​ business, the title of the​statement, and the​ date, listed as a specific date.m. The​ owner's contribution and net income are added to the beginning capital.n. The​ owner's equity is taken directly from the statement of​owner's equity.o. The​ owner's withdrawals are subtracted from capital. If there had been a net​loss, this would also be subtracted.p. The revenue accounts are always listed first and then subtotaled if necessary.q. This statement must always balance. Assets​ = Liabilities​ + Equity

Answers

Answer:

1. The four financial statements are;

Income StatementStockholder's Equity statementBalance SheetStatement of Cashflows

2. The specific order is done as follows because information from the preceding statement will be needed for the next one.

Income Statement ⇒ Stockholder's Equity statement ⇒ Balance Sheet ⇒ Statement of Cashflows

3. Income Statement

c. Each expense account is listed separately from largest to smallest and then subtotaled if necessary.g. Net income is calculated as total revenues minus total expenses.k. The header includes the name of the​ business, the title of the​statement, and the​ date, listed as a period of time.p. The revenue accounts are always listed first and then subtotaled if necessary.

Stockholder's Equity

i. The beginning capital is listed first and will always be the ending capital from the previous time periodk. The header includes the name of the​ business, the title of the​statement, and the​ date, listed as a period of time.m. The​ owner's contribution and net income are added to the beginning capital.o. The​ owner's withdrawals are subtracted from capital. If there had been a net​loss, this would also be subtracted.

Balance Sheet

a. Each asset account is listed separately and then totaled. Cash is always listed first.f. Liabilities are listed separately and then totaled. Liabilities that are to be paid first are listed first.l. The header includes the name of the​ business, the title of the​statement, and the​ date, listed as a specific daten. The​ owner's equity is taken directly from the statement of​owner's equity.q. This statement must always balance. Assets​ = Liabilities​ + Equity

Statement of Cashflows

b. Each dollar amount is calculated by evaluating the cash column on the transaction detail.d. Financing activities include cash contributions by the owner and owner withdrawals of cash. e. Investing activities include the purchase and sale of land and equipment.h. Operating activities involve cash receipts for services provided and cash payments for expenses paid.j. The ending cash balance must match the cash balance on the balance sheet.k. The header includes the name of the​ business, the title of the​statement, and the​ date, listed as a period of time.

Discuss MSOs corporate governance. Has the company been able to separate the ownership and managerial control

Answers

Answer:

The corporate governance of Martha Stewart Living Omnimedia MSO has failed.

Explanation:

The reason for failure of corporate governance at MSO was the lack of transparency. The owner of the company was the largest shareholder. There was lack of separation of ownership and control in the company. The management of the company has not been effective in managing the operations and there were lack of internal controls in place. The company has gone to produce lower category products such as cleaning fluid and so, this has lead the company to deteriorate its brand image.

For each of the following scenarios, indicate whether we would use time series or cross-sectional data.
ITEMS
A. TO DETERMINE IF ENROLLMENT IN HIGHER EDUCATION IS INCREASING.
B. TO COMPARE THE CURRENT PRICE OF A GALLON OF GASOLINE ACROSS DIFFERENT GAS STATIONS IN LOS ANGELES, CA.
C. TO SEE IF THERE ARE DIFFERENCES IN THE AVERAGE NUMBER OF CALORIES CONTAINED IN SCHOOL LUNCHES SERVED IN EACH OF THE FIFTY STATES ON DECEMBER 1, 2015.
D. TO COMPARE THE INSECT POPULATION IN A GEOGRAPHIC REGION BEFORE AND AFTER AN INSECTICIDE WAS APPLIED.

Answers

Answer:

A. Time-Series data

B. Cross-sectional data

C. Cross-sectional data

D. Time-Series data

Explanation:

For Your Understanding:

If the time period is single then use Cross-sectional data.

If their are multiple time periods then use time-series.

A. To determine whether or not the enrollment in higher education is increasing we will use time-series data because enrollment of students is a periodical event and occurs every year. So this means periodic study would be better with time-series data.

B. For comparing the current price of a gallon of gasoline across different gas stations in Los Angeles, CA: we are considering prices in a single time period. Thus the we will use cross-sectional data.

C. For finding see any differences in the average number of calories contained in school lunches served in each of the fifty states on December 1, 2015: we are considering a single time period. Thus we will use here cross-sectional data.

D. To find out the insect population and comparing them with insect population in a geographic region before and after insecticide was used: we will consider two time periods. As the time periods are more than one, hence we will use time-series data here.

Which idea forms the basis of double-entry accounting?
A. For every single transaction, at least two accounts will be
affected.
B. For every single transaction, only assets will be impacted.
C. The assets of a business equal the stockholders' equity.
O D. The stockholders' equity in a business must equal the liabilities.

Answers

Answer:

A. For every single transaction, at least two accounts will be

affected.

Explanation:

Double-entry accounting is a record-keeping method where a transaction is recorded in a minimum of two accounts. There is no upper ceiling on the actual number of accounts that may be used in a transaction.

Every account has two columns, with debits on the left and credit entries on the right. The aggregate of the debit entries must equal the result of all credit entries. If this happens, the transaction has balanced.  If not, the transaction is  "out of balance."

12.
Planning is a
a. Useless Function
b. Obsolete Concept
c. Mental Exercise
d. One time process

Answers

C is the answerrrrrr :)
The correct answer is C. Mental Exercise

Have a nice day!

Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 21,400 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $24,700. An additional 101,000 units were started into production during the month. There were 34,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $853,880 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to:_______
a. $8.486
b. $9.965
c. $8.738
d. $9.200

Answers

Answer:

$7.830

Explanation:

Calculation for the cost per equivalent unit for conversion costs for the month

First step is to compute for the Unit transferred out =

Unit transferred out = 21,400+101,000-34,000

Unit transferred out = 88,400

Second step is to compute for the Equivalent unit of conversion

Equivalent unit of conversion = 88,400+(34,000*70%)

Equivalent unit of conversion = 88,400+23,800

Equivalent unit of conversion = 112,200

Last step is to compute for the Cost per equivalent unit of conversion

Cost per equivalent unit of conversion = (24,700+853,880)/112,200 = 7.931

Cost per equivalent unit of conversion = 878,580/112,200

Cost per equivalent unit of conversion = $7.830

Therefore the cost per equivalent unit for conversion costs for the month is closest to $7.830

Jeremy Pruitt Ltd is considering the replacement of a delivery truck. The current truck could last for 3 more years. Operating costs are 5000 per year. We are currently depreciating it at 4000 per year. We could sell it at the end of the 3 years for 2000 with a book value of zero. If we purchase the new truck for 32000, we could use three year MACRS. We could sell the old truck now for 7000. Operating costs would drop to 1000 per year. We can sell the new truck for 15000 at the end of the 3rd year. Tax rate is 40%, WACC is 10%. Should we replace the truck?

Answers

Answer: NPV =  - 4433  

As the NPV of the replacement project is negative,

the truck should not be replaced.

Explanation:

                                                                           0               1             2           3

Savings in operating costs (5000-1000):                       4000    4000     4000

Incremental depreciation:-      

Depreciation on the new truck                                      10666    14224    4739

Depreciation on the old truck                                         4000     4000    4000

Incremental depreciation                                                6666     10224    739  

Incremental NOI                                                             -2666      -6224    3261

Tax at 40%                                                                      -1066       -2490    1304

Incremental NOPAT                                                       -1599        -3734   1956

Add: Incremental depreciation                                       6666       10224   739

Incremental OCF                                                             5066       6490   2696

Capital expenditure:-    

Cost of new truck                                        32000    

Less: After tax salvage value of old

NOTE THAT, the book value = 4000*3 =

$12,000 (depreciation per annum is 4000

and three years life is left for the old machine)

truck = 7000 + (12000-7000) × 40% =       9000    

Net initial investment                                  23000    

Incremental terminal salvage value:-    

After tax salvage value of new

truck = 15000 - (15000-2371)× 40% =                                                         9948

Less: After tax salvage value lost on old

truck = 2000 × (1 - 40%) =                                                                            1200

Incremental net residual value                                                                   8748

After tax annual cash flows                       -23000       5066       6490     11444

PVIF at 10%                                                  1           0.90909  0.82645  0.75131

PV at 10%                                                    -23000       4606       5363     8598  

NPV                                                             -4433    

CONCLUSION:      

As the NPV of the replacement project is negative,

the truck should not be replaced.

In its first year of operations, Pharoah Company recognized $34,000 in service revenue, $8,100 of which was on account and still outstanding at year-end. The remaining $25,900 was received in cash from customers. The company incurred operating expenses of $17,100. Of these expenses, $12,940 were paid in cash; $4,160 was still owed on account at year-end. In addition, Pharoah prepaid $2,780 for insurance coverage that would not be used until the second year of operations.
Calculate the first year’s net earnings under the cash basis of accounting, and the first year’s net earnings under the accrual basis of accounting.
Cash Basis Accrual Basis
Net Income $enter net income in dollars $enter net income in dollars

Answers

Answer:

Cash Basis =$10,180

Accrual Basis=$16,900

Explanation:

Calculation for the net earnings under the cash basis and accrual basis of accounting

CASH BASIS

Cash Basis: $25,900 - $12,940 -$2,780

Cash Basis =$10,180

ACCRUAL BASIS

Accrual Basis: $34,000 - $17,100

Accrual Basis=$16,900

Therefore the net earnings under the cash basis and accrual basis of accounting are:

Cash Basis =$10,180

Accrual Basis=$16,900

The performance plan will include a section that identifies all of the following EXCEPT

Answers

Answer:

where are the choices please so I can help you

Your monthly mortgage payment on your house is $593.90. It is a 30 year mortgage at 7.8% compounded monthly. How much did you borrow

Answers

Answer:

The amount borrowed is $82,500

Explanation:

The computation of the amount borrowed is shown below:

But before that we do the following calculations

Total Periods is

= 30 × 12

= 360

Interest Rate = 7.8% ÷ 12 = 0.65%

Now

Amount Borrowed is

= $593.90 ×  (PVA $1 for 360 Periods at 0.65%)

= $593.90 × (138.913874 )

= $82,500

Hence the amount borrowed is $82,500

Consider the following information for stocks A, B, and C. The returns on the three stocks are positively correlated, but they are not perfectly correlated. (That is, each of the correlation coefficients is between 0 and 1.)


Stock Expected Return Standard Deviation Beta
A 8.50% 16% 0.8
B 9.50 16 1.2
C 10.50 16 1.6

Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 6.5%, and the market is in equilibrium. (That is, required returns equal expected returns.)

Required:
a. What is the market risk premium?
b. What is the beta of Fund P?
c. What is the required return of Fund P?
d. Would you expect the standard deviation of Fund P to be less than 15%, equal to 15% or greater than 15%? Explain.

Answers

Answer:

a. $2.5

b. 1.20

c. 9.5%  

Explanation:

We can calculate the market risk premium and the required return according to the CAPM model by using the simple expected return formula given below. Average beta can be calculated by dividing the sum of all beta with the number of betas

(a) Computation of the market risk premium

According to the CAPM model

Expected Return = Risk-free rate of return + Beta (Risk premium )

8.50 = 6.5 + 0.8(Risk premium )

Risk Premium = (8.50 - 6.5) / 0.8

Risk Premium = $2.5

(b) Computation of the beta of Fund P.We have,

Average of beta = ( 0.8 + 1.2 + 1.6) / 3

Average of beta = 1.20

(c) Computation of the required return of Fund P

Required Return = Risk-free rate of return + Beta x Risk premium

Required Return = 6.5 + 1.20 (2.50 )

Required return = 9.5%  

 

(d) If the correlation coefficient of the portfolio shall be 1. In this situation, unsystematic risk can not be diversified. So, The standard deviation of the fund P is equal to 15%.  

If the correlation coefficient of the portfolio shall be a range of 0 to 1. In this situation, unsystematic risk can be a little bit diversified. So, The standard deviation of the fund P should be less than 15%.

Other Questions
I NEED THIS NOW! PLZ HELP! 1ST GETS BRAINLIEST! PLZ USE THE 3-READ PROTOCOLmanny has 1/2 of a yard of a fabric with which he intends to make bookmarks. each bookmark is made from 1/8 yard of fabric. how many bookmarks can manny make? 11. Use an inequality symbol (, 2, =) to compare -2654A.B. =O C. Water pollution control came about as a result of _______.a.public protest of the condition of the Cuyahoga Riverb.the Cuyahoga River fire of 1969c.the California oil spilld.environmental assessments I kinda need some help CHa. resonanceb. no resonance If a cell was to have it's plasma membrane freeze, why would the cell die? 20. The product of five and four more than x is 60.a. 5x4+= 60b. 5x+4 = 60c. 5(x + 4) = 60d. 5+4+x=60 In a recent car study, 55% of the cars tested failed the safety test. If 231 cars failed the test. How many cars were tested.? Tom needs 9/10 pints of glue for his art project. He has 7/10 pints of glue. How much more glue does he need? write in simplest form. HELP PLS I AM NOT GOOD AT MATH THX Which of these consumers is an herbivore? * 1. lion2. deer3. spider4. snake Solve mobiles plz help Im confused You walk 8 blocks West, 2 blocks South, 9 blocks East, 3 blocks North, 4 blocks South. Whatis the displacement between your starting and endpoints? What is the angle of displacement?someone pls help me its important and i dont know how to answer it!! WHAT MOVIE HAS 7 THEATRICAL REALESES Electron spin around the nucleus in specific paths called? Which statement best supports the argument that computers improve test-taking experiences for students?A It is challenging to take multiple-choice tests on computers because students are unable to skip questions.B Students who are inexperienced typists are at a disadvantage, and their results may suffer.C In recent years, standardized testing has increased in an effort to measure student performance.D Typing a writing test allows students to create polished final products without worrying about their handwriting. What does the slogan "no taxation without representation" reveal about the colonists' view of government? The Magna Carta referred to jury trial as: Do people need a purpose in life? How do you think that purpose changes?5 sentences please. Name a symbol in a book or movie of your choice and explain what you think it means and why