Answer:
absorption costing net income is equal to variable costing net income.
Explanation:
A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
Additionally, negotiated transfer prices can be defined as the final price reached between the buyer (consumer) of finished goods and services and the trader (seller) of such goods and services.
When the number of units produced equals the number of units sold, absorption costing net income is equal to variable costing net income as all the fixed overhead are entered into the income statement and thus, there wouldn't be any change in inventory.
Answer:
Annuity per period (A) = $2,500
Interest rate (r) = 5.5% = 0.055
Number of years (n) = 3 years
Present value (PV) = ?
The amount to be paid for the annuity
PV = A<u>(1 + r)</u>n - 1
r
PV = $2,500<u>(1 + 0.055)</u>3 - 1
0.055
PV = $2,500<u>(1.055)3 - 1</u>
0.055
PV = $2,500<u>(1.174241375 - 1)</u>
0.055
PV = $2,500 x 3.168025
PV = $7,920.06
Explanation:
The present value of an annuity equals annuity per period multiplied by present value of annuity factor at 5.5% for 3 years. In this case, the annuity per period, interest rate and number of years were provided in the question with the exception of present value. The present value becomes the subject of the formula.
Answer:
The consumer acquires a greater amount of energy due to the low cost of energy.
Explanation:
If the acquisition of energy services remains constant, the improvement in energy efficiency will have a reduction in energy consumption and carbon emissions.
However, the improvement in energy efficiency does not reduce energy consumption by the amount provided by simple engineering models.
This is because the energy services are of lower cost and, therefore, increases the consumption of those services.
Similarly, a historical analysis of improvements in energy efficiency has conclusively demonstrated that improvements in energy efficiency were almost always overcome by economic growth, which resulted in a net increase in resource use and pollution.
Answer:
B) $2,850
Explanation:
1: Find the discount: $3,000*5% = $150
2: Subtract the discount: $3,000 - $150 = $2,850
Answer:
$1,420,000
Explanation:
Total sales of October = $1,300,000. Collected in November = (60% of 1,300,000) = $780,000
November sales = $1,600,000. 40% sales of November = $640,000
Total cash collection = $780,000 + $760,000
Total cash collection = $1,420,000
So, the cash that Pinewood will receive in November is $1,420,000.