In the current year, Tanager Corporation (a calendar year C corporation) had operating income of $480,000 and operating expenses of $390,000. In addition, Tanager had a long-term capital gain of $55,000 and a short-term capital loss of $40,000. a. Compute Tanager's taxable income and tax for the year.

Answers

Answer 1

Answer: See explanation

Explanation:

Tanager's taxable income would be calculated as:

= Operating income - Operating expense + Long term gain + Short term loss

= $480,000 - $390,000 + $55,000 - $40,000

= $105,000

Tanager's tax for the year will be:

= $105,000 × 21%

= $105,000 × 0.21

= $22,050


Related Questions

Bravo Industries intends to retire $950,000 in short-term debt using proceeds from the sale of 30,000 shares of common stock. The stock sells for $25 per share. How much of its short-term debt can Bravo exclude from current liabilities if the sale occurs after the balance sheet date but before the balance sheet issue

Answers

Answer:

the amount that should be excluded from the current liabilities is $750,000

Explanation:

The computation of the amount that should be excluded from the current liabilities is shown below;

= Number of shares in the common stock × selling price per share

= 30,000 shares × $25

= $750,000

Hence, the amount that should be excluded from the current liabilities is $750,000

MECCS Inc. has net income of $3,492, interest expense of $172, sales of $7,290, addition to retained earnings of $1,596, selling and general expenses of $1,820, and depreciation of $990. What is the amount of dividends paid if the tax rate is 21 percent

Answers

Answer: $1,896‬

Explanation:

The amount of net income that is retained is determined by the amount of dividends paid in the formula:

= Net income - Retained earnings

= 3,492 - 1,596

= $1,896‬

Taxes and expenses would have already been catered for in the Net income.

Investment X offers to pay you $5,200 per year for eight years, whereas Investment Y offers to pay you $7,300 per year for five years. Calculate the present value for Investment X and Y if the discount rate is 5 percent. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))
Present value Investment X $ Investment Y $ Calculate the present value for Investment X and Y if the discount rate is 15 percent. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Investment X:

Annual payment= $5,200 per year for eight years

Investment Y;

Annual payment= $7,300 per year for five years

Discount rate= 15%

To calculate the present value, first, we determine the future value. Then the present value.

FV= {A*[(1+i)^n-1]}/i

A= annual payment

PV= FV/(1+i)^n

Investment X:

FV= {5,200*[(1.15^8) - 1]} / 0.15

FV= $71,379.46

PV= 71,379.46/1.15^8

PV= $23,334.07

Investment Y:

FV= {7,300*[(1.15^5) - 1]} / 0.15

FV= $49,219.38

PV= 49,219.38/1.15^5

PV= $24,470.73

Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow. Process Activity Overhead Cost Driver Quantity Components Changeover $ 627,450 Number of batches 890 Machining 379,155 Machine hours 8,050 Setups 108,000 Number of setups 60 $ 1,114,605 Finishing Welding $ 220,580 Welding hours 4,100 Inspecting 254,200 Number of inspections 820 Rework 47,200 Rework orders 160 $ 521,980 Support Purchasing $ 158,600 Purchase orders 488 Providing space 30,900 Number of units 8,400 Providing utilities 126,180 Number of units 8,400 $ 315,680 Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 2,800 5,600 Welding hours 800 3,300 Batches 445 445 Number of inspections 510 310 Machine hours 2,750 5,300 Setups 30 30 Rework orders 90 70 Purchase orders 325 163 Required: 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $200 for Model 145 and $112 for Model 212. 3. If the market price for Model 145 is $515.95 and the market price for Model 212 is $303.34, determine the profit or loss per unit for each model.

Answers

Answer:

Way Cool

1. Overhead Cost per unit for each product line:

                                      Model 145                        Model 212

Overhead cost per unit    $434.97                         $457.59

2. Total cost per unit for each product line:

                                      Model 145                        Model 212

Total cost per unit           $634.97                          $569.59

3. The profit or loss per unit for each model:

                                      Model 145                        Model 212

Market price                      515.95                             303.34

Loss per unit                   $119.02                          $266.25

Explanation:

a) Data and Calculations:

Process Activity     Overheads   Driver Quantity     Components  O/H rates

Changeover          $ 627,450     Number of batches        890          $705

Machining                 379,155      Machine hours            8,050            $47.10

Setups                      108,000      Number of setups            60       $1,800

Total                     $ 1,114,605

Finishing

Welding                 $ 220,580     Welding hours             4,100       $538

Inspecting                 254,200     Number of inspections 820       $310

Rework                        47,200     Rework orders               160       $295

Total                       $ 521,980

Support Purchasing $ 158,600   Purchase orders           488      $325

Providing space            30,900   Number of units        8,400      $3.68

Providing utilities         126,180    Number of units        8,400      $15.02

Total                        $ 315,680

Additional production information concerning its two product lines follows.

                                 Model 145      Model 212

Units produced            2,800             5,600

Welding hours                800              3,300

Batches                           445                 445

Number of inspections   510                 310

Machine hours            2,750             5,300

Setups                               30                  30

Rework orders                 90                   70

Purchase orders            325                 163

                                 Model 145                            Model 212

Units produced            2,800                                  5,600

Welding hours              $430,400 (800*$538)    $1,775,400 (3,300 * $538)

Batches                            313,725 (445*$705)          313,725 (445*$705)

Number of inspections    158,100 (510*$310)             96,100 (310*$310)

Machine hours                129,525 (2,750*$47.10)   249,630 (5,300*$47.10)

Setups                               54,000 (30*$1,800)          54,000 (30*$1,800)

Rework orders                 26,550 (90*$295)            20,650 (70*$295)

Purchase orders             105,625 (325*$325)          52,975 (163*$325)

Total overhead costs $1,217,925                       $2,562,480

Units produced            2,800                                  5,600

Overhead cost per unit    $434.97                         $457.59

Direct labor and materials 200.00                             112.00

Total cost per unit           $634.97                          $569.59

Market price                      515.95                             303.34

Loss per unit                    $119.02                          $266.25

In The Last Lecture video, Randy Pausch informs his audience about his health situation and then goes into sharing his childhood dreams that he was able to achieve. Through his lecture, he is able to demonstrate the leadership competencies commonly identified among leaders from around the world. In a PowerPoint presentation, Analyze seven key leadership competencies observed in The Last Lecture Identify how these competencies relate to various leadership styles. Determine how these leadership competencies apply to organizational success.

Answers

The correct answer to this open question is the following.

Unfortunately, you did not attach the link to the video.

However, what we can do is to share some leadership competencies commonly identified among leaders from around the world so you cant use this information to prepare your PowerPoint Presentation.

Let's start with two leadership traits that are included in the famous speech delivered by professor Randy Pausch titled "Really Achieving Your Childhood Dreams," on September 18, 2007, at McConomy Auditorium at Carnegie Mellon University.

When Pausch was referring to his dream of being a professional football player in the NFL, he said his high school coaches taught him various leadership lessons.

Persistence. No matter the coach was hard on him, he understood the value of being persistent and never surrender.

Own the fundamentals. He understood during his football practices that fundamentals were the basis for everything. So you have to work on your fundamentals to do things right.

Feedback. Leaders like to give feedback, although it comes in screams and shouts. Pausch understood that if the coach was hard on him, was because the coach was interested in him and wanted him to improve as a player and as a person.

Enthusiasm. Pausch said that coach Graham taught him the trait of enthusiasm. No matter what happened, players and coaches had to show enthusiasm all the time.

Acceptance. Pausch commented that when he was at Electronics Arts, he learned about the importance to accept the experience, which for him was to get what you receive that you did not want.

Be a role model. You have to be a role model when you are in command, and he set the example of Captain Kirk in the Star Trek TV series.

Being an Imagineer. He said that imagination was very important to create new and useful new things.

Two examples of factors of production

Answers

Answer:

land, labor, entrepreneurship, and capital

Explanation:

The human resource department (HR) of Woodworkers, a furniture manufacturing firm, takes the time and effort
to identify and attract the right type of skilled employees required to manufacture premium furniture. It also trains the employees extensively so that they gain job-related knowledge. Moreover, it has established monthly reward systems so that the employees feel appreciated for their hard work. In this scenario, the activities undertaken by the HR department of Woodworkers align with the human resource management goal of _____.
a. adhering to legal business guidelines
b. complying with social obligations
c. creating an ethnocentric work environment
d. enhancing productivity and quality Management

Answers

Answer:

The answer is "Option d".

Explanation:

The productivity and quality control rise in connection with customer satisfaction, in which productivity is the relationship between the number of inputs and outputs, and it is necessary to produce a service is a productivity, and the quality is the calculation, that how flawless a material changes steel production quality or function may reduce product quality.

These activities carried out by the Woodworkers Human resources department throughout the scenario fit with the management objective of increasing productivity and quality control.

A company has $14,500,000 in taxable income. Consider the following corporate marginal tax rates: Taxable income ($) Tax rate 0- 50,000 15% 50,001- 75,000 25% 75,001- 100,000 34% 100,001- 335,000 39% 335,001- 10,000,000 34% 10,000,001- 15,000,000 35% 15,000,001- 18,333,333 38% 18,333,334+ 35% Attempt 1/10 for 10 pts. Part 1 What is the marginal tax rate for the company?

Answers

Answer: 35%

Explanation:

The marginal corporate tax rate is the added tax amount that a company pays for every additional dollar that it makes as income.

It is given in ranges which show the rate to be paid for the amount of income earned by the company.

This company earned $14,500,000 in taxable income and so will fall under the 10,000,001- 15,000,000 bracket which means that their marginal tax rate is 35%.

The Allied Group is considering two investments. The first investment involves a packaging machine, which can be used to package garments for shipping orders to customers. The second possible investment would be a molding machine that would be used to mold the mannequin parts.
The first possible investment is the packaging machine, which will cost $14,000. The second investment, the molding machine, would cost $12,000. The expected cash flows for the two projects are given below and the cost of capital to the firm is 15%. Both machines will be unusable after five years and have no salvage value.
The net cash flows for the two possible projects are given in the following table:
Year Packaging Machine Molding Machine
0 ($14000) ($12,000)
1 4100 3200
2 3300 2800
3 2900 2800
4 2200 2200
5 1200 2200
Address all of the following questions in a brief but thorough manner.
1. Calculate each project's payback period.
2. Calculate the NPV for each project.
3. Calculate the IRR for each project.
4. If the two projects are independent of each other, which projects, if any, should be selected? Explain why or why not.
5. If the two projects are mutually exclusive, which project, if any, should be selected? Explain why.

Answers

Answer:

1. Calculate each project's payback period.

Payback period packaging machine = the positive cash flows are lower than the initial outlay

Payback period molding machine = 4.45 years

2. Calculate the NPV for each project.

Using a financial calculator

NPV for packaging machine = -$4,178.24

NPV for molding machine = -$2,907.50

3. Calculate the IRR for each project.

IRR for packaging machine = -0.86%

IRR for molding machine = 3.5%

4. If the two projects are independent of each other, which projects, if any, should be selected? Explain why or why not.

None should be selected since the NPVs are negative

5. If the two projects are mutually exclusive, which project, if any, should be selected? Explain why.

None should be selected since the NPVs are negative

A merchant plans to sell two models of home computers at costs of $250 and $400, respectively. The $250 model yields a profit of $45 and the $400 model yields a profit of $50. The merchant estimates that the total monthly demand will not exceed 250 units. Find the number of units of each model that should be stocked in order to maximize profit. Assume that the merchant does not want to invest more than $70,000 in computer inventory. (See Exercise 21 in Section 9.2.)

Answers

Answer:

That is there is maximum profit when 250 units of $250 model computer and 50 units of $400 model computer is stocked.

Explanation:

Let x represent the number of $250 model and let y represent the number of $400 model. Since the total monthly demand will not exceed 250 units, hence:

x + y < 250      (1)

Also the merchant does not want to invest more than $70,000, hence:

250x + 400y < 70000     (2)

x, y ≥ 0

Plotting the equations using geogebra online graphing tool. The solution to the problem is at (0,0), (200, 50), (250,0), (0, 175).

The profit equation is:

Profit = 45x + 50y

At (0,0); Profit = 45(0) + 50(0) = 0

At (250,0); Profit = 45(250) + 50(0) = $11250

At (0,175); Profit = 45(0) + 50(175) = 8750

At (200,50); Profit = 45(200) + 50(50) = $11500

Therefore the maximum profit is at (200, 50). That is there is maximum profit when 250 units of $250 model computer and 50 units of $400 model computer is stocked.

It is important for pharmaceutical companies to think of the physiological balance of the body when they create a drug. Unfortunately, not every drug made can be easily taken into the cell or withstand stomach acids. Describe 2 possible methods that could be used to overcome these issues and make a drug available in the body. (2 points)

Answers

Answer: Proper examination and test

Explanation:

Due to the nature of how delicate the health sector is, drugs should be taken through some crucial steps before they are administered for the general public or those who would be taken them. Here are what to consider;

1) A thorough examination should be carried out on drugs produced.

2) Various tests should be carried out with the drugs, especially on animals before guaranteed to be used for humans

What are 2 ways to add a customer to QuickBooks Online?

Answers

Answer:

-go to sales

-select the cutomers tab

Explanation:

kapoy explain iparok ka ron

g Tirri Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.30 Direct labor $ 3.45 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 24,000 Sales commissions $ 1.10 Variable administrative expense $ 0.65 Fixed selling and administrative expense $ 8,400 If the selling price is $27.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice $13.85 $16.95 $10.40 $6.55

Answers

Answer:

$13.85

Explanation:

Calculation for what the contribution margin per unit sold is closest to:

Selling price $27.70 per unit,

Less Direct materials ($ 7.30)

Less Direct labor ($ 3.45)

Less Variable manufacturing overhead ($ 1.35 )

Less Sales commissions ($ 1.10)

Less Variable administrative expense ($ 0.65)

Contribution margin per unit sold $13.85

Therefore the contribution margin per unit sold is closest to: $13.85

A general partner Group of answer choices cannot lose more than the amount of his/her equity investment. has more management responsibility than a limited partner. is the term applied only to corporations that invest in partnerships. faces double taxation whereas a limited partner does not.

Answers

Answer:

has more management responsibility than a limited partner

Explanation:

General partner can be regarded as a

person who joins with another individual of one or more to form a business. The action of the business is the responsibility of a general partner, he/she can bind the business legally. Debts as well as obligations in the business is liable to him/her. It should be noted that A general partner has more management responsibility than a limited partner.

A company purchased a new delivery van at a cost of $46,000 on July 1. The delivery van is estimated to have a useful life of 4 years and a salvage value of $3,400. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the van during the first year ended December 31?

Answers

Answer:

The amount of depreciation expense that will be recorded for the van during the first year ended December 31 is $5,325.

Explanation:

Since the company uses the straight-line method of depreciation, the annual depreciation expenses can first be calculated using the following formula:

Annual depreciation expense = (Cost of the asset - Salvage value) / Useful life ............ (1)

Where;

Cost of the asset = $46,000

Salvage value = $3,400

Useful life = 4

Substituting the values into equation  (1), we have:

Annual depreciation expense = ($46,000 - $3,400) / 4

Annual depreciation expense = $10,650

Since July 1 to December 31 is just half of the year, the amount of depreciation expense that will be recorded for the van during the first year ended December 31 is the halve of the annual depreciation expense that can be calculated as follows:

Depreciation expense to be recorded = Annual depreciation expense / 2 = $10,650 / 2 = $5,325

A company's inventory records indicate the following data for the month of January: Jan. 1 Beginning 180 units at $9 each Jan. 5 Purchased 170 units at $10 each Jan. 9 Sold 300 units at $35 each Jan. 14 Purchased 200 units at $11 each Jan. 20 Sold 150 units at $35 each Jan. 30 Purchased 230 units at $12 each What is the amount of cost of goods sold for January, if the company uses the LIFO, FIFO and weighted average perpetual inventory system?

Answers

Answer:

The amount of cost of goods sold for January:

                                     LIFO          FIFO      Weighted Average

Cost of goods sold    $4,520     $4,420       $4,452

Explanation:

a) Data and Calculations:

Date     Description    Units          Unit Cost/Price Total Cost Total Revenue

Jan. 1    Beginning       180 units at $9 each           $1,620

Jan. 5   Purchased      170 units at $10 each            1,700

Jan. 9   Sold              (300) units at $35 each                             $10,500      

Jan. 14  Purchased    200 units at $11 each            2,200

Jan. 20 Sold              (150) units at $35 each                                5,250

Jan. 30 Purchased    230 units at $12 each           2,760

Total                    780 / 450                                   $8,280         $15,750

b) Cost of goods sold:

LIFO:

Jan. 9   Sold  (300) 170 units at $10 = $1,700

                               130 units at $9 =      1,170

Jan. 20 Sold  (150) 150 units at $11 =    1,650

Cost of goods sold =                          $4,520

c) FIFO:

Jan. 9   Sold  (300) 180 units at $9 = $1,620

                               120 units at $10 =  1,200

Jan. 20 Sold  (150) 50 units at $10 =     500

                              100 units at $11 =    1,100

Cost of goods sold =                        $4,420

d) Weighted-Average:

Jan. 9   Sold  (300) 300 units at $9.49 = $2,847

Jan. 20 Sold  (150) 150 units at $10.70 =    1,605

Cost of goods sold =                                $4,452

Weighted Average Cost at each point of sale:

$9.49 = ($1,620 + $1,700)/350 units

$10.70 = (($9.49*50) + $2,200)/250 units

e) LIFO = Last In, First Out is based on the assumption that the items sold are from the last inventory purchased instead of the first.

FIFO = First In, First Out is based on the assumption that the items sold are from the first inventory instead of the last.

Weighted-Average: This method averages the cost of inventory to determine the unit cost.

Under the perpetual inventory system, the inventory costs are recorded immediately after an inventory transaction and not at the end of a period.

A start-up company that makes hydraulic seals borrowed $800,000 to expand its packaging and shipping facility. The contract required the company to repay the investors through an innovative mechanism called faux dividends, a series of uniform annual payments over a fixed period of time. If the company paid $250,000 per year for 5 years, what was the interest rate on the loan

Answers

Answer:

Internal rate of Return =  17%

Explanation:

Solution:

In order to solve this question, there are two methods to solve. First one is through the use of Factor Tables values, which is bit lengthy. And Second one is through the use of Excel.

Here, I will be solving through the use of Factor Tables.

Using Factor Tables Method:

First we need to know the formula to calculate the interest rate:

P = A x [tex]\frac{(1 + i)^{n} - 1 }{i(1 + i)^{n} }[/tex]

From the above formula, we need to find the P/A.

P/A = [tex]\frac{(1 + i)^{n} - 1 }{i(1 + i)^{n} }[/tex]

Where, P = $800,000

A = $250,000

So, the P/A = 3.2

Now, you need to check out the factor tables for the value interest rate against the value of P/A 3.2 for 5 years.

You will get interest rate of 16% for P/A 3.2743 for 5 years,

And

You will get interest rate of 18% for P/A 3.1272 for 5 years.

But, our P/A value is 3.2 only  and it lie between these two points.

So, now, we need to find the internal rate of return which will be our correct answer.

Internal Rate of Return = [tex]i_{a}[/tex] + [tex]\frac{(P/A)_{a} - (P/A)_{c} }{(P/A)_{a} - (P/A)_{b} } (i_{b} - i_{a})[/tex]

Where,

[tex]i_{a}[/tex]  = 18% = 0.18

[tex](P/A)_{a}[/tex] = 3.1272

[tex]i_{b}[/tex]  = 16% = 0.16

[tex](P/A)_{b}[/tex] = 3.2743

By plugging in the values, we will get the internal rate of return.

Internal rate of Return = 0.170

Internal rate of Return =  17%

Please answer thank you !

Answers

Answer:

its the 1st one

Colter Steel has $4,800,000 in assets. Temporary current assets $ 1,600,000 Permanent current assets 1,530,000 Fixed assets 1,670,000 Total assets $ 4,800,000 Assume the term structure of interest rates becomes inverted, with short-term rates going to 12 percent and long-term rates 2 percentage points lower than short-term rates. Earnings before interest and taxes are $1,020,000. The tax rate is 40 percent. If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be

Answers

Answer:

Long-term financing need:

Permanent current assets   $1,530,000

Fixed assets                         $1,670,000

Total                                      $3,200,000

Short-term financing need:

Temporary current assets      $1,600,000

Long-term interest expense  $320,000

Short-term interest expense  $192,000

Total interest expense           $512,000

EBIT                               $1,020,000

Interest expense           $512,000

Earnings before taxes   $508,000

Taxes                              $203,200

Earnings after taxes       $304,800

Workings:

Long-term interest expense =10%× $3,200,000 = $320,000

Short-term interest expense =12% × $1,600,000 = $192,000

Taxes = 40% × $508,000 = $203,200

Suppose the rate of return on short-term government securities (perceived to be risk-free) is about 5%. Suppose also that the expected rate of return required by the market for a portfolio with a beta of 1 is 14%. According to the capital asset pricing model: a. What is the expected rate of return on the market portfolio

Answers

Answer:

The expected rate of return on the market portfolio is 14%.

Explanation:

The expected rate of return on the market portfolio can be calculated using the following capital asset pricing model (CAPM) formula:

Er = Rf + B[E(Rm) - Rf] ...................... (1)

Where:

Er = Expected rate of return on the market portfolio = ?

Rf = Risk-free rate = 5%

B = Beta = 1

E(Rm) = Market expected rate of return = 14%

Substituting the values into equation (1), we have:

Er = 5 + 1[14 - 5]

Er = 5 + 1[9]

Er = 5 + 9

Er = 14%

Therefore, the expected rate of return on the market portfolio is 14%.

Reeves Co. filed suit against Higgins, Inc., seeking damages for copyright violations. Higgins' legal counsel believes it is probable that Higgins will settle the lawsuit for an estimated amount in the range of $170,000 to $270,000, with all amounts in the range considered equally likely. How should Higgins report this litigation

Answers

Answer:

As a liability for the minimum amount of $170,000 along with disclosure of the range

Explanation:

Based on the information given Higgins should report this litigation as a LIABILITY for the amount of $170,000 along with disclosure of the range reason been that we were told he will settle the lawsuit with an amount in the range of $170,000 to $270,000 in which all the amounts in the range are considered to be both equally likely which therefore means that he will have to record the LIABILITY at the amount of $170,000 which is appear to be the minimum amount in the range.

Therefore Higgins should report this litigation As a liability for the minimum amount of $170,000 along with disclosure of the range.

Jim and Joan owned a farm which produced fruits and vegetables for sale. The farm was located in a heavily populated area. Every year, hundreds of customers came to buy produce from them at the farm. One day, customers were surprised to see that the farm stand was gone and that Jim and Joan had sold the property for a much higher price than farm land would normally cost. Which principle of value did the appraiser use in determining the value of the property?

Answers

Answer:

Highest and best use

Explanation:

The highest and best use principle explains the probable as well as reasonable and legal use of lands that are vacant as well as improved property. This property or land must be financially feasible and be supported appropriately so that the result gives highest value.

In January, Dieker Company requisitions raw materials for production as follows: Job 1 $960, Job 2 $1,400, Job 3 $760, and general factory use $620. Prepare a summary journal entry to record raw materials used. (Credit account titles are automatically indented when amount is entered.

Answers

Answer:

Dr Work in Process Inventory $3,120

Dr Manufacturing Overhead $620

Cr Raw materials Inventory $3,740

Explanation:

Preparation of the summary of journal entry to record raw materials used.

Based on the information given the summary of journal entry to record raw materials used will be:

Dr Work in Process Inventory $3,120

(Job 1 $960+Job 2 $1,400+Job 3 $760)

Dr Manufacturing Overhead $620

Cr Raw materials Inventory $3,740

($3,120+$620)

(Being to record the record raw materials used)

4-8 A manufacturing firm spends $350,000 annually for a required safety inspection program. A new monitoring technology would eliminate the need for such inspection. If the interest rate is 8% per year, how much can the firm afford to spend on this new technology

Answers

Answer:

$3,436,351.59

Explanation:

The computation of the amount that could be afforded to spend is shown below:

= Amount × (P/A, 8%, 20 years)

= $350,000 × 9.8181

= $3,436,351.59

We simply applied the above formula so that the correct value could come

And, the same is relevant too

The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal.
True or False?

Answers

True
I remember seeing that question before and I got the anwser correct.

The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal. The given statement is False.

Why positive NPV should be accepted?

A project or venture has a positive NPV if the estimated earnings, discounted for their present value, are more than the anticipated costs, also expressed in today's currency. A positive NPV indicates an investment that is likely to be successful. Net loss will arise from an investment with a negative NPV.

The total of the investment's anticipated cash inflows and outflows, discounted back to their present value at a risk-adjusted rate, is known as the net present value. Project acceptance is granted if the NPV exceeds $0. The project is turned down in any other case.

Thus, the given statement is False.

Learn more about NPV and IRR here:

https://brainly.com/question/13739087

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The Great Railway Strike of 1877 __________. Group of answer choices represented a weakness in the system that allowed railroads to shut down, thus shutting down commerce occurred when the Baltimore and Ohio railroad announced a pay cut of 10% for all of its workers was calmed when the railroad gave in to demands of the workers resulted in significant legislation to prevent railroad strikes from ever happening again

Answers

Answer:

occurred when the Baltimore and Ohio railroad announced a pay cut of 10% for all of its workers.

Explanation:

The Great Railway Strike of 1877 occurred when the Baltimore and Ohio railroad announced a pay cut of 10% for all of its workers.


a) What are the two features in a market economy that stem from self interest?

Answers

Answer:

Private property rights and the market.

Explanation:

Calculate the interest and total amount due at the end of the loan for both simple and compound interest. Loan YearsRate(a)$1,00025%(b)$1,50056%(c)$10,0001010%(d)$25,0001515%(e)$47,7502020%You should have 4 values for your final answer:1. Simple interest total amount duei. Simple interest total interest 2. Compound interest total amount due 3. Compound interest total interest

Answers

Solution :

a). Interest for the simple interest [tex]$= 1000 \times 5 \times 2$[/tex]

                                                       = $ 100

    Amount due for the simple interest = $ 1000 + $ 100

                                                                = $ 1100

    Amount due for the compound interest [tex]$= 1000 \times (1.05)^2$[/tex]

                                                                       = $ 1102.50

   Interest for the compound interest = $ 1102.50 - $ 1000

                                                             = $ 102.50

b). Interest for the simple interest [tex]$= 1500 \times 6 \times 5$[/tex]

                                                       = $ 450

    Amount due for the simple interest = $ 1500 + $ 450

                                                                = $ 1950

    Amount due for the compound interest [tex]$= 1500 \times (1.06)^5 $[/tex]

                                                                       = $ 2007.34

   Interest for the compound interest = $ 2007.34 - $ 1500

                                                             = $ 507.34

c). Interest for the simple interest [tex]$= 1000 \times 10 \times 10$[/tex]

                                                       = $ 100000

    Amount due for the simple interest = $ 10000 + $ 10000

                                                                = $ 20000

    Amount due for the compound interest [tex]$= 10000 \times (1.10)^{10}$[/tex]

                                                                       = $ 25937.42

   Interest for the compound interest = $ 25937.42 - $ 10000

                                                             = $ 15937.42

d).  Interest for the simple interest [tex]$= 25000 \times 15 \times 15$[/tex]

                                                       = $ 56,2500

    Amount due for the simple interest = $ 25000 + $ 56,250

                                                                = $ 81,250

    Amount due for the compound interest [tex]$= 25000 \times (1.15)^{15} $[/tex]

                                                                       = $ 203,426.54

   Interest for the compound interest = $ 203,426.54 - $ 25,000

                                                             = $ 178,426.54

e). Interest for the simple interest [tex]$= 47,750 \times 20 \times 20$[/tex]

                                                       = $ 191,000

    Amount due for the simple interest = $ 47,750 + $ 191,000

                                                                = $ 238,750

    Amount due for the compound interest [tex]$= 47,750 \times (1.20)^{20} $[/tex]

                                                                       = $ 1,830,620.40

   Interest for the compound interest = $ 1,830,620.40 - $ 47,750

                                                             = $ 1,782,870.40

 

   

In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $20,000 and Job 11 $30,000. On March 31, Job 10 is sold to the customer for $35,000 in cash.Journalize the entries for the completion of the two jobs and the sale of Job 10.Date Account Titles and Explanation Debit CreditMar. 31 31 31

Answers

Answer:

Mar. 31

Dr Finished goods inventory $50,000

(20,000+30,00)

Cr Work in process inventory $50,000

31 Dr Cash $35,000

Cr Sales revenue $35,000

31 Dr Cost of goods sold $30,000

Cr Finished goods inventory $30,000

Explanation:

Preparation of the journal entries for the completion of the two jobs and the sale of Job 10

Mar. 31

Dr Finished goods inventory $50,000

(20,000+30,00)

Cr Work in process inventory $50,000

(Being To record the completion of the two jobs)

31 Dr Cash $35,000

Cr Sales revenue $35,000

(Being To record the sale job 10)

31 Dr Cost of goods sold $30,000

Cr Finished goods inventory $30,000

(Being To record the cost of the job sold)

To complete the model of international trade using the PPF, we must also use the idea of indifference curves. One of these curves represent: * a set of alternate quantities of both goods (sloped negatively), whereby consumers are equally satisfied in their level of utility gained. a fixed quantity of one good (such as wheat) and a varying amount of the other good. consumers who are indifferent to everything. producers who do not care which production method is chosen.

Answers

Answer:

The answer is "The first choice".

Explanation:

In this model the international exchange, its limitation of output, commonly called PPF, that is just a sequence with products in which the customers want a degree of power is derived from of the set and in other terms indifference from the whole category of products, which is why the set of alternate amounts from both goods (negative slopes) satisfy customers equally.

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