Answer:
e. $82,854
Explanation:
Assuming compounding occurs only once a year, the future value of a $39,500 investment for 30 years at a rate of 2.50% per year is determined by:
At the end of 30 years, Brandon will have $82,854.
The answer is alternative e. $82,854
Answer:
a. $169,800
Explanation:
As for the provided information we have,
Sales data, for each month
July $120,000
August $211,000
September $198,000
Cash receipt budgeted for September shall be:
36% of sale of the month of July = $120,000 
36% = $43,200
60% of sale of the month of August = $211,000 60% = $126,600
Thus, total expected amount = $169,800
Therefore, correct option is
a. $169,800
Answer:
The Cost that can be deducted will be $3,500
Explanation:
Bonus Depreciation=$35,000*50%=$17,500
Now cost deductible in 2018 will be=$17,500/5=$3,500
Currently 50% bonus depreciation being deducted on assets as per new rulings.
C.
pretty sure that’s right but if not, sorry!
Answer:
800 units
Explanation:
The net income earned is the difference between the total sales and the total cost. The total cost is the sum of the fixed and variable cost. The sales and variable cost are dependent on the level of activities or number of units produced and sold.
The difference between the sales and variable cost gives the contribution margin.
In light of the above,
let the number of units to be sold to achieve targeted income be x
Total sales = $23x
Total variable cost = 10x
2,500 = 23x - 10x - 7,900
13x = 7900 + 2500
13x = 10,400
x = 800 units
