Answer:
$18,880
Explanation:
Current Liabilities are those liabilities which need to be paid within on year time. These liabilities are also called short term liabilities.
Following Liabilities are considered as the current liabilities because these needs to be paid within one year.
Accounts Payable $13,000
Employee Health Insurance Payable $450
Employee Income Tax Payable $400
Estimated Warranty Payable $600
FICA—OASDI Taxes Payable $560
Sales Tax Payable $370
Current Portion of Long-Term Notes Payable <u>$3,500
</u>
Total Current Liabilities <u>$18,880</u>
Following are all the Non current liabilities balances:
Long-Term Notes Payable(Due 2019) 33,000
Mortgage Payable(Due 2020) 6,000
Bonds Payable(Due 2021) 53,000
Answer:
Make All 1A1
Explanation:
Calculation to determine What is Uva's most profitable sales mix, assuming there is unlimited demand for either product
First step is to calculate the Contribution margin of 1 unit of 2B2
Contribution margin of 1 unit of 2B2 = 1 x $30
Contribution margin of 1 unit of 2B2 = $30
Second step is to calculate the Contribution margin of 3 units of 1A1
Contribution margin of 3 units of 1A1 = 3 x $12
Contribution margin of 3 units of 1A1 = $36
Based on the above calculation for both Contribution margin of 1 unit of 2B2 and Contribution margin of 3 units of 1A1 we can see that Contribution margin of 3 units of 1A1 is the most profitable sales mix.
Therefore Uva's most profitable sales mix, assuming there is unlimited demand for either product is Make All 1A1
Answer:
Payback period.
Explanation:
In this question, the payback period is used.
In the payback period, we have to compute the time duration in which the firm has recovered its initial investment amount.
And, the question says that the project pays for itself in 23 months which tell the time duration of the project in which the project amount can be recovered. Moreover, it does not consider the time value of money.
Answer:
17.5%
Explanation:
depreciation = 400,000 / 5 = 80,000
return = $250,000 - %100,000 - $80,000 = 70,000
70,000 / 250,000 =
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