Answer:
Decrease total assets and net income.
Explanation:
There is an inventory write down because the value of inventory has decreased. The net realizable value of inventory is less than its cost.
Inventory write down involves expensing a part of the inventory asset in the current period.
As a result of the write down, inventory would decrease. Inventory is part of total assets. Thus, total assets would decrease
Also, cost would increase because of the write down and so net income would decrease.
Answer:
The flexible budget variance for the 40minusinch pipe is $1,200 favorable
Explanation:
According to the given data we have the following:
Actual sales revenue=$31,700
Flexible budget=$30,500
Therefore, in order to calculate the the flexible budget variance for the 40minusinch pipe, we would have to use the following formula:
Flexible budget variance = Actual sales revenue - Flexible budget
Flexible budget variance =$31,700 - $30,500
Flexible budget variance =$1,200 F
avorable
The flexible budget variance for the 40minusinch pipe is $1,200 favorable
Answer:
Bad Company
The number of years that it will take for the company to have the money saved for the renovation is:
= 3.2 years (12.793/4).
Explanation:
a) Data and Calculations:
The outlay required for the renovation of the manufacturing facility = $2.05 million
Quarterly deposit into an account = $155,000
The interest earned per quarter on the deposit = 2.05% per quarter
From an online financial calculator, it will take 3.2 years:
I/Y (Interest per year) 2.25
PV (Present Value) 2050000
PMT (Periodic Payment) = $
155000
FV (Future Value) 0
Results
N = 12.793
Sum of all periodic payments = $1,982,883.80
Total Interest = $67,116.20
There are different factors that causes changes in demands. An increases in exports are an addition to aggregate demand, while increases in imports are a subtraction from aggregate demand.
When there is an increase in a country's exchange rate increases, note that the net exports will reduce and aggregate expenditure will reduce too at all price level. This therefore implies that Aggregate demand will decrease.
An increase in the exchange rate will decrease aggregate demand when demand is known to be relatively elastic. This is due to exports falling and imports increasing.
An effect of an exchange rate shift is to alter the prices of goods and services produced in a country.
Learn more about Aggregate demand from
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Answer:
If mN is 74° parallel the mY would be - 74° parallel to mN