Answer:
Total cost= $101,380
Explanation:
Giving the following information:
Production for April= 56,000
Production for May= 52,000
The raw material costs $1.85 per unit.
Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 16,800 units.
We need to determine the budgeted material purchases for April:
Purchases= production for April + ending inventory - beginning inventory
purchases= 56,000 + (52,000*0.3) - 16,800= 54,800 units
Total cost= 54,800*1.85= $101,380
Answer:
$1,916.2
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. In this question the payment of $95 per month for 24 months at APR of 16% is an annuity.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where P = Annual payment = $95
First, Calculate the effective rate
EAR = ( 1 + 16%/12 )^12 - 1 = 17.2%
r = rate of return = 17.2% annual = 17.2% / 12 = 1.44% per month
n = number of years = 24 months
Placing value in the Formula
PV of annuity = $95 x [ ( 1- ( 1+ 1.44% )^-24 ) / 1.44% ]
PV of Annuity = $1,916.2
Answer:
Value of firm today = $2,000,000
Explanation:
Provided details are,
Future Cash Flow = $100,000
Expected growth rate = 6.5%
Weighted average cost of capital = 11.5%
Firm's total corporate value = 
= 
= 
= $2,000,000
Thus, value of firm today with the details provided = $2,000,000
Answer:
$1,150,000
Explanation:
Two categories of operatng assets are presented on the balance sheet: Property, plant and equipment; intangible assets.
They are presented at their acquisition cost (historical cost).
The balance sheet uses one line item for property, plant and equipment and presented the details in the notes.
Initially are recorded at acquisition cost or original cost, that include all cost normally necessary to acquire an asset and prepare it for its intended use.
A depreciation is an allocation of the original cost of an asset to the periods benefited by its use.
In this case, he total amount of property, plant, and equipment that will appear on the balance sheet is $1,150,000 because:
Land $100,000 + Buildings 800,000 + Equipment 450,000 + Furniture 100,000 - Accumulated Depreciation 300,000 = $1,150,000.
<span>Some inventions could be:
System that reuses the water from your shower (provides more water, less cost)
Concussion Detector
Renewable Wave Power System (provide water energy)
An arm that can help you lift heavy stuff (helps your body stay safe)
Wind-Powered
House (the way that would work is the wind hits your house and your
house has sensors that transform the wind into energy to use in your
home)
Gum that helps your teeth stay healthy and fixes them
Im not that good at coming up with ideas :)</span>
