I just need help with number 4!

Granfield Company has a piece of manufacturing equipment with a book value of $35,500 and a remaining useful life of four years.

Doss [256]

Answer: Option (e) is correct.

Explanation:

Given that,

Book value of manufacturing equipment = $35,500

Current market value of equipment = $21,100

Cost of new machine = $111,000

cash received from trading old machine = $21,100

Variable manufacturing costs of new machine reduce by $18,100 per year over the four-year =

Total increase/decrease in net income = Cost of new machine + cash received from trading old machine + Reduction in Variable manufacturing costs

= ($111,000) + $21,100 + $18,100 × 4

= ($17,500)

Note: Bracket represents the negative values.

∴ The total decrease in net income by replacing the current machine with the new machine is $17,500.

7 0

3 years ago

A house sold for $950,000 with a sales commission rate of 7.5%. The listing brokerage received 50% of the total commission and t

aleksandrvk [35]

Answer:$14,250

Explanation:

The total commission recieved is

950,000 x 7.5% = $71,250

The listing brokerage and the selling brokerage both received 50% of that sum which is

71,250/2 = $35,625

The Sales person gets 40% of the Selling brokerage's cut which would be

35,625 x 40% = $14,250

8 0

3 years ago

Pro forma financial statements are the most comprehensive means of financial forecasting. projections of financial statements fo

nadezda [96]

Answer:

The correct answer is All of the options are true.

Explanation:

Proforma financial statements are projected statements. Generally, the data is forecast one year in advance, for example, in a transformation company the proforma status obtained based on the master budget is very complete, all projections are seen starting with the sales forecast and from this They make the other projections.

The Proforma Financial Statements are states that contain, in whole or in part, one or more assumptions or hypotheses in order to show what the financial situation or the results of the operations would be if they occurred.

5 0

3 years ago

Other things equal, cartels and similar collusive arrangements are easier to establish and maintain: Group of answer choices whe

katen-ka-za [31]

Answer:

Option "B" is the correct answer to the following question:

Explanation:

In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.

4 0

3 years ago

Chandler Kumar owns two antique stores. One is in an upscale neighborhood, and its merchandise is artfully arranged and priced t

Sladkaya [172]

Answer:

Positioning strategies

Explanation:

In business , positioning strategies refers to the efforts that a company can do to influence some sort of perception toward their brands.

In the example above, Markup artfully arranged his products and priced to indicate product rarity in upscale neighborhood.

He did this because for customers with high economic power, presentation of a certain product will create the perception that owning that product indicates high social status. This probably held more value compared to the actual use function of the product itself.

On the other hand, he left his products in open boxes and placed haphazardly on shelves when targeting customers with lower income. He did this because among customers with lower income, presentation tend to matter less compared to the actual function of thier brand.

8 0

3 years ago