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4 years ago

Country with less than average progress in technology production and socio economic welfare

1 answer:

3 0

Countries that are in this state are measured according to the said three major areas. If it performs below the average, it means that the Gross National Product (GNP), Gross Domestic Product and Gross National Income are all low. The countries are categorized as Least Developed Countries (LDC's). The United Nations identified the following countries in Asia as LDC; Afghanistan, Bangladesh, Bhutan, Cambodia, East Timor, Laos, Myanmar Nepal and Yemen.

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Classify Costs Following is a list of various costs incurred in producing replacement automobile parts. With respect to the prod

fenix001 [56]

Answer:

1. Cost of labor for hourly workers - Variable cost

2. Factory cleaning costs - Fixed costs

3. Hourly wages of machine operators - Variable cost

4. Computer Chips purchased - Variable cost

5. Electricity costs - Variable cost

6. Metal - Variable cost

7. Salary of plant manager - Fixed cost

8. Property Taxes - Fixed cost

9. Plastic - Variable cost

10. Oil used in manufacturing equipment - Variable cost

11. Rent on Warehouse - Mixed cost

12. Property insurance - Mixed cost

13. Fixed cost

14. Pension cost - Variable cost

15. Packaging - Variable cost

Explanation:

The classification can be explained as follows. Costs that vary per activity level are examples of variable cost, even materials that are purchased to produce products. Example; the more a hourly employee works the higher his labor cost will be. The more products that are needed to be produced, the more material will be used. This the activity level of the cost driver influences the total cost.

Fixed costs are cost that remain the same despite a change in activity level. Thus the salary manager will be paid the same amount every month and the amount will not change. Other examples of fixed costs are contract costs agreed upon etc.

Mixed costs are cost that have both a variable and fixed component. The property insurance has a variable component ( each dollar value that exceeds 1200000 ) and a fixed component namely the monthly 3600 cost. Thus it is classified as a mixed cost.

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3 years ago

Which capital budgeting method is most useful for evaluating a project that has an initial afterminustax cost of $5,000,000 and

OverLord2011 [107]

Answer:

(NPV) Net present value method is the most effective capital budgeting method

Explanation:

we know here

initial after minus tax cost = $5,000,000

after minus tax cash flows in 1st year = $1,800,000

and in 2nd year = $2,900,000

and in 3rd year = $2,700,000

and 4th year is = $2,300,000

so here cash outflows even after the initial outlay in year 0

so we not use here IRR

so that best and most most effective capital budgeting method is NPV net present value

we use it NPV

7 0

3 years ago

Required Record the following transactions in general journal entry form. Record the event num-ber in the date column. 1. Issued

Anika [276]

Answer:

1. Cash $5000 Dr

Common Stock (at par) $5000 Cr

2. Cash $4000 Dr

Loan Payable $4000 Cr

3. Supplies $500 Dr

Account Payables $500 Cr

4. Account Receivables $8000 Dr

Service Revenue $8000 Cr

5. Salaries Expense $3900 Dr

Cash $3900 Cr

6. Prepaid Rent $2400 Dr

Cash $2400 Cr

7. Office Furniture $3500 Dr

Account Payable $3500 Cr

8. Cash $1800 Dr

Unearned Service Revenue $1800 Cr

9. Cash $3000 Dr

Account Receivables $3000 Cr

10. Utilities Expense $1200 Dr

Cash $1200 Cr

11. Dividends $1000 Dr

Cash $1000 Cr

12. Certificate of Deposit Receivable $2000 Dr

Cash $2000 Cr

13. Loan Payable $1600 Dr

Cash $1600 Cr

14. Land $2700 Dr

Cash $2700 Cr

15. Interest Expense $400 Dr

Interest Payable $400 Cr

16. Unearned Service Revenue $1800 Dr

Service Revenue $1800 Cr

17. Supplies Expense $400 Dr

Supplies $400 Cr

18. Salaries Expense $2300 Dr

Salaries Payable $2300 Cr

19. Interest Receivable $150 Dr

Interest Revenue $150 Cr

Explanation:

7 0

4 years ago

Quip Corporation wants to purchase a new machine for $300,000. Management predicts that the machine will produce sales of $200,0

butalik [34]

Answer:

net present value NPV = $79800

so correct option is D) $79,800

Explanation:

solution

we knw that Net Present value = PV of cash inflow - PV of cash outflow ............1

so here PV of cash outflow = $300000

and Net sales = $200000

expenses = $80000

Depreciation = $\frac{300000-50000}{5}$

Depreciation = $50000

so Net income before taxes = Net sales - Depreciation - expenses

Net income before taxes = $200000 - $80000 - $50000

Net income before taxes = $70000

and Tax expenses @ 40% = $28000

Net income = Net income before taxes - Tax expenses

Net income = $70000 - $28000

Net income = $42000

and

Depreciation = $50000

Net cash inflow = Net income + Depreciation

Net cash inflow = $42000 + $50000

Net cash inflow = $92000

and

PVIFA @ 10% 5 years = $3.7908

PV of cash inflow = $348755

PV of salvage value = $50000 ×0.6209

PV of salvage value = $31045

and

so here Total PV of total cash inflow = $379800

and

net present value NPV = Total PV of total cash inflow - PV of cash outflow

net present value NPV = $379800 - $300000

net present value NPV = $79800

so correct option is D) $79,800

7 0

4 years ago

how does this affect the balance sheet sale of used equipment with book value of 300,000 for 500,000 cas

Andrei [34K]

Answer:

Cash increases by $500,000

Equipment decreases by $300,000

Profit increases by $200,000

Explanation:

Cash increases by $500,000 because the equipment was exchanged for cash.

The equipment (property,plant and equipment account) decreases by $300,000 because this particular equipment will be removed from PPE account.

Equity increases by $200,000 because there is a profit of $200,000 from the sale.

7 0

3 years ago