Answer:
$63,679
Explanation:
Kl textiles
Disbursement Float can occur in a situation where a person, company or organisation spent an amount of money in which the amount spent has not be removed or taken out of the person, company or organisation
bank account. Example is written out a checks in which the checks has not be cleared form the company bank account till after some days
Disbursement float =
22 × $827 ×3.5
= $63,679
Therefore the amount of the firm's disbursement float will be $63,679 because Kl textiles writes 22 checks a day for an average amount of $827 each in which the checks generally clear the bank 3.5 days after it was written.
Answer:
Explanation:
The following items were deducted and added in the Schedule M–1 reconciliation
Additions:
C. Federal income tax per books.
D. Capital loss in excess of capital gain.
F. Premiums paid on life insurance policies covering executives (corporation is beneficiary).
Subtractions:
A. Life insurance proceeds received upon death of covered executive.
B. Tax depreciation in excess of book depreciation.
E. Charitable contributions in excess of taxable income limitation.
G. Domestic production activities deduction.
Answer:
The total standard allowed input quantity given the good output produced is 15,800 pounds.
Explanation:
From the question, for every 4 pounds of material input, 1 pounds of styrofoam sheets is manufactured. This means that to produce x pound of good sheet, 4 times x material input would be required.
Therefore for the company to have produced 3,950 pounds of good sheets,
The material input
= 4 × 3950
= 15,800 Pounds
The company would have used 15,800 Pounds to produce 3950 pounds of good sheets. As such, the total standard allowed input quantity given the good output produced is 15,800 pounds.
Answer:
<u>Net Present Value: </u><em>362,855</em>
Explanation:
<u>First we need to calculate the WACC to know the required return of the project.</u>
Ke = 0.152 (0.137 cost of capital+ 0.015 subjective risk)
ER = 0.35 = E/(E+D)
Kd = 0.086
DR = 0.65 = D/(E+D)
t = 0.35
WACC 8.95350%
<u>Then we calcualte the net present value:</u>
<em>Present value of the cash flow</em>
C= 1,540,000
rate = 8.9535%
time 7 years
PV = 7,762,855
Present value of the cash flow - Investment = NPV
7,762,855 - 7,400,000 = 362,855
