Answer:
The present worth of all costs for the newly acquired machine is determined to be $131,097.89.
Explanation:
Note: See the attached excl file for the calculation of the present worth of all costs for the newly acquired machine (in bold red color).
In the attached excel file, the following formula are used:
1. From Year 6 to Year 13, Annual operating cost for the current year = Annual operating cost for the previous year * (1 + Growth rate) = = Annual operating cost for the previous year * (1 + 10%)
2. Discounting Factor = 1 / (1 + r)^n .............. (1)
r = interest rate per year = 10%, or 0.10
n = each particular year being considered
From the attache excel, the present worth of all costs for the newly acquired machine is determined to be $131,097.89.
Answer:
Quantity supplied and demand.
Answer:
$140,880
Explanation:
Taxable Income:
= Pre tax financial income - Interest income from municipal bond - fine for dumping hazardous waste + Depreciation as per books - Depreciation as per income tax
= $553,000 - $74,000 - $25,000 + $62,400 - $46,800
= $469,600
Therefore,
Income tax payable = Taxable Income × Tax rate
= $469,600 × 30%
= $140,880
The answer is: the judge is responsible for presenting the state's case against the defendant
The judge's main duty is to interpret the law and oversee the process that happen in the court room.
The one that responsible to present the case against the defendant is called the prosecutors. The prosecutors had similar duties with lawyers in general, but they are hired by the government to handle cases on their behalf, not the private sector.
Answer:
The journal entries are as follows:
(a) On July 16,
Account receivable A/c Dr. $1,200
To sales revenue $1,200
(To record Sales)
Cost of goods sold A/c Dr. $720
To Inventory $720
(To record cost of goods sold)
(b) On July 19,
Sales return and allowance a/c Dr. $200
To Account receivable $200
(To record sales return)
Inventory A/c Dr. $120
To Cost of goods sold $120
(To record cost of goods return)
(c) On July 22,
Cash (1,000 × 98%) A/c Dr. $980
Sales discount A/c Dr. $20
To Account receivable $1,000
(To record amount received)