Answer:
Total annual cash inflow= $5,000
Explanation:
The total annual cash inflow will be the sum of the savings in operating costs and the incremental contribution from the sale of the bagels.
Annual contribution from Bagel = 1,500×$0.90=1350
Operating cost savings = 3,650
Total annual cash inflow = 1,350 + 3,650 =5,000
Total annual cash inflow= $5,000
Answer:
The buyer has agreed to waive his warranty rights by agreeing the clause of waiving the warranty rights under the contract.
Explanation:
If the buyer and the seller agrees on the term that the risks and the rewards coming onwards would belong solely to the buyer and there will be no warranty claims acceptable related to this product. This is the limitation of the application of the Unifrom Commercial Code.
Answer:
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Explanation:
Answer:
Principal payment = $27,505.00
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.</em>
The principal repayment in year 1 = Annual payment - Interest payment in year 1
<em>Interest payment in year = Interest rate × Principal Amount</em>
=8% × 164,000
= $13,120.00
Principal payment = $40,635 - 13,120 = $27,505.00
Principal payment = $27,505.00