Answer:
Explanation:
A sales quote allows a prospective buyer to see the costs that will be involved for desired work.
Answer:
36.26%
Explanation:
Simple rate of return:
return/investment
<u>return:</u>
In this case, it will be the cost saving for the new machine: 161,000
<u>investment</u>
We will decrease the investment by the recovery from the old machine.
468,000 new machine - 24,000 salvage value of new = 444,000
<u>Then, proceed to calculate:</u>
161,000/444,000 = 0.3612 = 36.26%
Consideration:
Is important to state that this rate, do not consider the time value of money, neither the cash flow of the project.
it contains four elements:<span>
<span>the product or service </span>
<span>the customer </span>
the benefit
<span>the distribution</span></span>
Answer: $646,000
Explanation:
Cash payment for the month of September
August pmt = $610,000x 70%= $427,000
September pmt = $730,000 x 30%= $219,000
Total payment in September = $427,000 + $219,000 = $646,000
